Vice President Enterprise Risk Management Officer Position Available In Davidson, Tennessee

Vice President Enterprise Risk Management Officer Thread Bank Nashville, TN Job Details Estimated:

$92K – $117K a year 1 day ago Qualifications COSO 5 years Finance CRCM Analysis skills Bachelor’s degree Accounting Risk management Computer skills Financial services Senior level

Banking Full Job Description Position Objectives:

Develop, implement and maintain an enterprise Issues Management Program. This includes, but is not limited to, identifying issues, analyzing issues with key stakeholders, tracking remediations, validating completion, documenting the overall processes, and building out reporting aligned with the Enterprise Risk Management Policy and Framework. Additionally, serve as the Model Risk Manager enhancing the MRM program to align with regulatory expectations and industry best practices and extend the program beyond Thread to include relevant third parties, including FinTechs and other partners. Oversee, and be point of contact for, the Bank’s Governance, Risk and Compliance (“GRC”) Platform. This role will ensure hierarchy, definitions, taxonomy and other systematic processes are identified and implemented into the GRC successfully.

Job Function:

Develop and implement an enterprise Issue Management Program that clearly outlines and defines how issues are identified, mitigated, monitored and reported. Clearly define issues to help prioritize mitigation strategies and potentially prevent the recurrence of similar issues in the future. Work with line of business to ensure effective mitigation strategies are implemented and reported to management and Board, as needed. Analyze and consult with key stakeholders to ensure an issue exists, and establish best practice to mitigate, monitor and report, as needed. Oversee the development, implementation and on-going use of the Issues Management module within the Bank’s GRC solution. Implement, within the GRC, a continual remediation process, to determine if additional actions need to take place to stay within the banks risk appetite. Design and implement a validation process to ensure resolution of an issue has occurred and is clearly documented. Participate in the Risk and Control Self-Assessment (RCSA) Governance Cycle requirements, as needed. Manage and oversee the Model Risk Management program, ensuring the program maturity aligns with the bank’s mission and scope. Work with model owners and fintech partners to educate and complete program requirements. Serve as the project lead to ensure the build-out, implementation and operationalization of the LogicGate GRC solution for RCSA, TPRM, Issue Management and Embedded Banking modules. Copyright © 2022 Thread Bank, All rights reserved. Work with module users to create, and keep updated, technical user manuals for each GRC module. Engage with Line of Business stakeholders to develop key requirements for their process build in LogicGate. Coordinate with module owners that change management processes are being adhered to within LogicGate. Remain abreast of regulatory requirements and mature industry practices relating to enterprise risk management.

Minimum Qualifications:

Minimum of five years of financial service-related experience supporting the risk assessment process. Strong knowledge of nontraditional banking activities including fintech/embedded banking. Preferred bachelor’s degree from an accredited university in Finance, Accounting or related field. Deep knowledge of core ERM, and COSO’s three lines model concepts. Solid analytical skills and computer skills CERP, CRCM or other relevant certifications preferred.