Enterprise Risk Manager

OVERVIEW

The Enterprise Risk Management (ERM) Department plays a critical role in overseeing the identification and assessment of Bank risk and related controls. In this capacity, ERM acts as a second line of defense by providing independent oversight and effective challenge to first line risk ownership.

ABOUT MIDFIRST

MidFirst Bank occupies a rare position within the banking industry. With more than $39 billion in assets, MidFirst Bank is the largest privately owned bank in the country.

PURPOSE OF POSITION

Reporting to the VP of Enterprise Risk Management, the ERM Manager will be responsible to lead the ERM team in the execution of routine program responsibilities as well as navigating any warranted changes to the program. The ERM program provides a framework to ensure the Bank maintains safe and sound business practices in alignment with regulatory expectations. In this capacity, this role will coordinate with various members of Management and various members within the second line of defense to promote effective risk management.

RESPONSIBILITES

This is a new role that will oversee a small team of risk analysts. Although role responsibilities will vary year over year based on departmental needs, they will include:

• Development and/or maintenance or programs, standards, policies and related procedures,
• Oversight of the Bank’s identified categories of risk,
• Routine assessment and report of the Bank’s risk profile,
• Independent identification, monitoring and/or review of key risk metrics which inform the risk profile of the institution,
• Identify any gaps or risks in the processes executed within the role and help formulate the approach to addressing them
• Ensuring adequate documentation and reporting of program activities,
• Staying informed of current industry practice for risk management for similar sized institutions,
• Producing committee meeting materials and reports, and
• As warranted, coordination with various risk team managers to align program expectations and activities,
• Other duties as assigned as needed to support the Enterprise Risk Management department.

How you’ll make an impact:

• Ensuring effective communication to key stakeholders.
• Evaluating and reporting on key risk and performance metrics.
• Performing independent risk analysis by working with owners and relevant subject matter experts to understand the underlying process and related controls. Providing consultation as applicable.
• Ensuring effective risk management through review, update, and, as warranted, creation of department owned policies, programs and procedures.

QUALIFICATIONS

An ERM Manager requires experience in team leadership and oversight. A solid understanding of auditing competencies including process walkthroughs, independent review and documentation of controls. A successful candidate will be able to read and interpret financial reports and understand the importance of funding and investment activities of a traditional bank. Candidate should also be able to develop and train staff to perform adequate test/review programs to evaluate control effectiveness. Previous experience as third-party consultant and/or Auditor preferred.

Minimum Requirements

• Bachelor’s degree in Accounting or Finance
• 5+ related work experience, previous experience as third-party consultant and/or Auditor preferred.
• Strong written and verbal communication skills.
• Strong conceptual thinking and analytical skills
• Critical thinker able to analyze complex problems, evaluate interrelationships, dependencies, identify common themes and propose solutions.
• Ability to multitask and manage concurrent delivery of multiple projects.
• Ability to interface effectively and professionally with senior management.

• Demonstrated skill at managing and developing risk assessment talent.

• Advanced PC/system skills including proficiency with Microsoft Word, Excel (V Lookup and Pivot Tables), PowerPoint.