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BO
Bank of Hawaii, Inc.
Risk Manager
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Based on Hawaii data
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What they do
A Risk Manager evaluates risk and recommends and manages strategies to mitigate or offset risks that could result in financial losses for a company or organization. Analyzes current risks and assesses potential new risks. Reviews contracts and insurance policies; prepares risk budgets. Communicates risk policies and procedures to staff at all levels of a company.
$111,311 / year median in Hawaii
Job Description
As an Individual Contributor, this role serves as a key risk management advisor and partner to business leadership in the execution and ongoing enhancement of first-line risk management activities within the business unit. The position manages and coordinates critical risk management processes, including risk assessments, issue management, risk monitoring, and governance activities, while helping ensure alignment with enterprise risk management frameworks, regulatory requirements, and organizational objectives. This role provides subject matter expertise and independent risk insights to support sound decision-making and a strong risk management culture. Bachelor's degree in business administration, finance, accounting, risk management, or a related field. Equivalent work experience or certification(s) may be considered in lieu of degree. Minimum 8 years of experience in risk management, internal or external audit, preferably in banking or financial services industry. Proficient with Microsoft Office applications. Advanced knowledge and skill proficiency in bank acumen, business acumen, continuous improvement, corporate governance, cross-functional collaboration, customer experience, decision making & judgement, financial risk management, laws & regulations, operational risk management, regulatory compliance, risk audit, and risk management. Intermediate knowledge and skill proficiency in model risk management, risk governance, and strategic thinking. Demonstrates strong analytical and critical thinking abilities, excellent written and verbal communication skills, and the ability to effectively influence stakeholders across all organizational levels. Must possess exceptional organizational skills, attention to detail, adaptability, and the ability to manage multiple priorities concurrently. Demonstrates initiative, professionalism, intellectual curiosity, and a commitment to continuous learning and maintaining awareness of industry trends, emerging risks, regulatory requirements, and evolving risk management practices. As a Bank of Hawaii employee, you ensure (or assist with ensuring) compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and