Chief Risk Officer

Company: Citizens Bank
Location: Lafayette
Posted on: September 15, 2023

Job Description:

JOB SUMMARY AND OBJECTIVEThe chief risk officer is responsible for the effective assumption of manageable risk and helps the organization avoid anything that might threaten the successful execution of the companys duties.ESSENTIAL FUNCTIONSIdentifies potential threats to the financial stability of the company, including risky credit, investments, and portfolio inefficiencies.Detects potential threats to operational efficiency including underperforming resources, personnel liabilities, property inefficiencies, and safety risks.Recognizes potential threats to the companys reputation including marketing missteps.Prepares and maintains internal and external data gathering for risk analysis and reporting.Designs and implements methods for avoiding potential threats using available risk metric software and personal knowledge of the industry.Delivers regular risk analysis reports to company executives complete with actionable plans for avoiding or preventing potential threats at all levels.Coordinates programs designed to minimize threats and anticipate threats to the company.Develops insurance strategies and financing techniques to appropriately deal with any unanticipated losses.Oversees all audits of accounting practices, safety measures, and compliance reports.Conducts regular risk assessments either through a team of risk management experts or personally on site.Manages and prepares all documentation related to risk assessments and reviews of standard operating proceduresSUPERVISORY RESPONSIBILITYThis role supervises the following areas: Audit, BSA, Compliance and Loan ReviewMINIMUM REQUIREMENTSBachelors degree in accounting, business administration, finance, or risk management.MBA or CPAMinimum 5 or more years of related experience.Excellent supervisory, communication and organizational skills.Excellent knowledge of financial institution policies and procedures.Proficient in Microsoft Excel a must.Experience with Microsoft Outlook, Word and Access a plus.

Keywords: Citizens Bank, Bowling Green , Chief Risk Officer, Executive , Lafayette, Kentucky