Head of Enterprise Risk

Summary: 

In this high-impact role, the Head of Enterprise Risk will work at the direction of the Chief Risk Officer and management to drive the evolution and ongoing implementation of a state-of-the-art risk governance program for a leading commercial wholesale bank – Beal Bank, Beal Bank USA and its affiliates.  Reporting to the Chief Risk Officer, this position oversees the enterprise risk management strategy and framework, spanning all areas of the business, including credit, interest, market, liquidity, operational, compliance and reputational risk. This is a highly visible role, with substantial influence regarding the risk framework, risk appetite and risk governance across the organization, interacting with senior leaders and the board of directors.

This is an on-site (non-remote) position based at our Plano, TX headquarters location.

Essential Duties (Include but not limited to):

• Leads the strategy, infrastructure design, execution and optimization of a comprehensive risk governance program across the enterprise in support of business objectives, including appropriate policies, procedures, ownership structure, measurement and mitigation plans
• Works cross-functionally with other business leaders to ensure a culture of risk and standards across all lines of business, promoting risk management principles in order to effectively identify, measure, monitor, mitigate and report on risk
• Coordinates with Internal Audit, Compliance and other parties as necessary to ensure that there is a comprehensive risk and control assessment program in place and independent oversight across the lines of defense
• Reviews internal and external factors and emerging risks, trends, issues or concerns related to potential gaps in risk policies, procedures and processes in order to update and refined practices as needed
• Oversees the development and ongoing management of committee and board-level risk reporting to support appropriate business and strategic decisions, including an appropriate process for the timely escalation of key risk issues and updating of policies
• Develops, promotes and engages in an open relationship with the Bank’s regulators and other stakeholders as necessary on risk-related matters
• Initiates, sponsors and monitors new strategic risk management initiatives, responsible for overseeing the development, modeling, adaptation and rollout of new tools that help to ensure a robust enterprise risk platform 
• Ensures that the bank has the proper resources and tools to support an effective risk management function 
• Drives continuous improvement of the Bank’s risk management practices, commensurate with its size and complexity

Qualifications (Education, Computer Skills, Certifications, Etc.): 

• Minimum of 10 years in enterprise risk management or the equivalent in progressive roles in banking industry, regulatory bodies or consulting firms
• Bachelor’s degree in business, accounting, quantitative or related field
• Regulatory commissions - ACAMS (or equivalent experience) Risk certification, CIA or CPA preferred
• Comprehensive risk management knowledge - as a banker or a regulator - in the key risks facing banks, including 
  1. Credit risk (including ALLL)
  2. Market risk
  3. Interest rate risk
  4. Liquidity risk
  5. Investment risk
  6. Merger and acquisition integration risk
  7. Regulatory and legal risk
  8. Operational risk (except to the extent this relates to the review function performed by the Audit Committee)
  9. Reputational risk
• Sound understanding of the tools and methodologies used to measure and quantify risk, including but not limited to the use of models
• Broad understanding and knowledge of industry best practice and regulatory expectations for risk management
• Detailed, analytical, methodical and a common-sense approach to problem solving
• Excellent interpersonal, communications and influencing skills across all levels of the organization as demonstrated by proven ability to generate recommendations which improve the business and are accepted by line management
• Ability to champion continuous improvement
• Fully capable of working with a high degree of autonomy and independent decision-making capability
• Able to work in a fast-paced environment and manage conflicts/priorities

Benefits options include: 

• Medical, dental and vision coverage
• 401K with company match
• 10 paid holidays 
• Accrue up to 17 vacation/sick days per year in your first year on a pro rata basis
• Applicant may be eligible for annual discretionary bonus

No relocation assistance provided.

If you are looking to be a part of a winning team and meet the above requirements, we look forward to hearing from you. 

Beal Bank, Beal Bank USA, and their affiliates are Equal Opportunity Employers. Beal Bank, Beal Bank USA, and their affiliates do not discriminate against any candidate or employee on the basis of race, national origin, color, genetics, sex, marital status, sexual orientation, gender identity, age, disability, pregnancy, religion or religious affiliation, veteran or service member status, or any other characteristic protected by federal, state or local laws.

All applicants have rights under federal employment laws. To view your rights and government notices on the Family Medical Leave Act (FMLA), the Equal Employment Opportunity (EEO) and the Employee Polygraph Projection Act (EPPA), please see the following Department of Labor links: FMLA EEO EPPA

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