Job Summary

The Senior Risk Officer participates in identifying, measuring, mitigating, monitoring and reporting on risks across the Bank. The Senior Risk Officer works with the Manager of Risk Governance, Strategy and Operations (RGSO) to build a culture of risk management in the organization, develops risk mitigation strategies by entity, process and/or project and accumulate, synthesize and report on risks to executive management and the Board of Directors. The role includes responsibility for establishing risk procedures and routines to support the Bank’s risk methodology and staff supervision, as required.

Essential Duties

• Support the Chief Risk Officer in the evolution and management of the Bank’s Enterprise Risk Management Program

• Assist in the enterprise risk management strategy that safeguards the Bank, customers, investors and reputation.

• Proactively manages and advises the Bank on potential risks to assure objectives are achieved and disciplines are implemented to drive continuous improvement.

• Develop reporting to executive management and the Board Risk & Compliance committee regarding Enterprise risk management policies, processes and execution.

• Assist with the development and implementation of Enterprise risk aggregation strategies and the Enterprise Risk Assessment

• Assist with the development and implementation of the Enterprise Breach Management and Non-IT Change Management Programs

• Develop and implement changes as needed to minimize risks as well as improve internal and external risk characteristics across all business lines.

• Provide support and training to build awareness within the Bank to achieve growth targets and to protect the Bank from future exposure.

• Elevates risk events and/or propose mitigation plans to more senior levels, when appropriate

• Complete quarterly Capital Stress Testing

• Support the development and risk monitoring within the BSA Department and Vendor Management areas.

• Analyze qualitative and quantitative data to develop process efficiencies and/or metrics for key risk indicators

• Collaborate with risk domain owners in the development and monitoring of risk controls/reports to limit the Bank’s risk exposure

• Actively participates in Bank initiatives and projects, as needed, providing risk management, data analysis and bank processing knowledge and skills.

• Manage risk management analysts, as assigned, to achieve the assignments and objectives of the department, grow and develop their skills sets, and provide guidance and direction on completing deliverables.

• Meet the expectations of a supervisor relative to staff time management, reviews and all other

supervisory requirements.

Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA,

Anti-Money Laundering OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information

Security and privacy requirements. Acts as the control point for the office to ensure that all CIP, BSA, OFAC

requirements, procedures and time frames are met.

Non-Essential Duties

• Knowledge of business and management principles involved in strategic planning, resource allocation,

human resources modeling, leadership technique, production methods, and coordination of people and

resources.

• Inductive Reasoning — Ability to combine pieces of information to form general rules or conclusions

(includes finding a relationship among seemingly unrelated events).

• Deductive Reasoning — Ability to apply general rules to specific problems to produce answers that

make sense.

Required Knowledge

• Banking knowledge – Operations, i.e., ACH, wires, RDC, on-line banking, etc., loans/credit

• Knowledge of risk management principles and practices. Familiarity with FRB and FFIEC guidelines.

• Knowledge of Financial Statement Ratios and Calculations

Basic Knowledge, Skills and Abilities

• Strong analytic, logical reasoning and problem solving skills

• Must have a strong understanding of quantitative analyses – math / statistical analysis

• Process improvement and technology skills, a plus

• Excellent interpersonal skills

• Strong verbal/written communication and presentation skills

• Must be able to work independently and set goals/prioritize, focus, and have time management skills.

• Strong knowledge of Excel (intermediate to advanced), Word, Visio, Power point

Officer Title Eligibility

For qualified positions, the Bank may designate an Officer Title to an employee who seeks and/or meets

defined competencies for an eligible position. This position qualifies for the officer title(s) Assistant Vice

President, Vice President.

Equipment Operated

• Telephone

• Desk Top Computers

• Standard Office Equipment ( copiers, fax machines)

Physical Requirements & Work Environment

• Requires repetitive movement

• Requires standing and/or sitting for prolong periods of time

• Requires lifting up 25lb

• Requires using hands to handle, control or feel objects

• Office setting w/controlled temperature

Education and Experience

• B.S. in Math, Economics, Accounting, or Finance

• Advanced degree or professional certification, a plus

• 7 years of prior banking experience

This job description is not intended to be all-inclusive, and employees will be required to perform additional related work duties as assigned by their immediate supervisor and/or management.

Farmers and Merchants Bank of Long Beach reserves the right to revise or change job duties and responsibilities as the need arises. This job description does not constitute a written or implied contract of employment.