Enterprise Risk Manager

Primary Purpose:

The Enterprise Risk Manager is responsible for TowneBank’s Enterprise Risk Management (ERM) Program, including development and maintenance of ERM policies, frameworks, methodologies, and programs and processes; enterprise risk assessments; and enterprise risk reporting to senior management and the Board. The ERM Manager works with risk owners in the lines of business and risk expert areas to ensure that risk-taking is within the Board-approved risk appetite.

Essential Duties:

• 
  Develops and maintains the ERM Policy, ERM Framework, Risk Appetite Framework, other risk-focused policies and procedures.
• Designs and documents the methodologies and standards for risk programs, such as risk assessment, risk and control self-assessment, key risk indicator, operational loss, and business change risk assessment.
• Designs and documents the methodologies and standards for risk processes, such as the risk and control libraries, business process universe, and issues management and escalation.
• Facilitates the development and updating of risk and control self-assessments. Administers and oversees the risk and control self-assessment program.
• Facilitates the development and updating, including the challenge of thresholds, of key risk indicators. Administers and oversees the key risk indicator program.
• Facilitates the identification, analysis, and reporting of operational losses and trends. Administers and oversees the operational loss program.
• Facilitates the assessment of business changes. Administers and oversees the business change risk assessment program.
• Facilitates the development and updating of the business process universe and the risk and control libraries.
• Implements and oversees the ERM independent effective challenge process.
• Leads and documents the quarterly enterprise risk assessments and risk category assessments.
• Leads the design and preparation of risk reporting and other materials for the Board Enterprise Risk Management Committee. Attends Committee meetings, presents key ERM updates and reporting, and serves as acting secretary.
• Facilitates the development of remediation plans to address identified risk issues as they arise and as part of the issues-management process.
• Provides project management of the implementation and administration of risk programs, processes, and tools.
• Promotes Towne’s risk culture, including the escalation of risk events to line-of-business management and Risk Management.
• Participates in the design and implementation of the ERM Program components of the governance, risk, and compliance (GRC) system maintained by Risk Integration.
• Develops and delivers training on risk programs, processes, and culture.
• Manages a team of enterprise risk analysts.

Minimum Required Skills and Competencies:

• Bachelor's degree in Finance, Accounting, Business Administration, or related discipline
• 8 or more years of experience
• Familiarity with risk frameworks, such as COSO or Sarbanes-Oxley
• Strong knowledge of enterprise and operational risk programs and processes
• Experience in public accounting, audit, or professional services
• Experience managing a team of at least two professionals
• Experience in the financial services industry
• Excellent facilitation and interpersonal skills
• Excellent writing skills, especially risk-focused documents
• Excellent organization and analytical skills

Desired Skills and Competencies:

• Experience in project management
• Big 4 Public Accounting experience or CPA

Physically you can anticipate to:

• Express or exchange ideas by means of the spoken word via email and verbally.
• Exert up to/carry 25 pounds of force occasionally, use your arms and legs, and sit most of the time.
• Vision, hearing, speech, and manual dexterity sufficient to reach/handle items and work with fingers is required.
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
• Not be substantially exposed to adverse environmental conditions.

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)