What are the responsibilities and job description for the Enterprise Risk Manager position at Bankers Trust Company?
There are important qualities you look for in an employer – meaningful work, community engagement, competitive benefits, commitment to employee development, and so many more. At Bankers Trust, our team members experience an inclusive and community-focused culture and we’re proud of the premier workplace we’ve created. We regularly receive best in class results through our biennial employee engagement survey. We’re also proud to receive recognition from others, including our designation as a “Best Place for Working Parents®,” being a four-time recipient of the Greater Des Moines Partnership’s Inclusion Award, and being named one of the “Best Businesses Supporting Local Charity” by readers of the Business Record.
Job Summary:
The Enterprise Risk Manager is responsible for components of the governance and oversight of the bank’s Enterprise Risk Management Framework including its Emerging Risk program, Key Risk Indicator/Key Performance Indicator program, Enterprise Issue Management program, and Model Risk Management program. This position oversees the primary administrator of the Governance, Risk, and Compliance (GRC) solution. This position promotes risk culture by supporting Enterprise Risk training and providing expertise, support, and effective challenge on risk-related matters to accurately identify existing and emerging risks and document enhanced controls related to those risks.
Primary Functions and/or Responsibilities:
- Provides direct oversight and guidance to the Enterprise Risk System Administrator promoting their growth and development
- Leads the development, implementation, maintenance, and continuous enhancement to the Emerging Risk program and Key Risk Indicator/ Key Performance Indicator program, commensurate with the Bank’s size, complexity, and risk profile, and supports the Bank’s Enterprise Risk Appetite Framework. The responsibilities are performed by:
- Ensuring alignment of risk management practices with the bank and business lines’ strategic objectives and internal and external risk factors
- Exercising independent second-line oversight and effective challenge over first-line risk measurements
- Monitoring for timely and effective risk remediation
- Oversees Enterprise Issue Management governance and reporting including monitoring remediation activities, identifying trends, and escalating overdue and high-risk issues
- Oversees the Model Risk Management governance, ongoing monitoring, and third-party validation activities
- Performs data analysis of GRC data to identify trends and concentrations. Produces and oversees the productions of meaningful enterprise risk management reports, escalating risk appetite breaches, emerging risks and initiatives, and top risks to senior management, committees, and the Board.
- Leads and maintains the Enterprise Risk Management risk assessment
- Supports Enterprise Risk training initiatives across the organization
- Serves on Bank committees that materially impact enterprise risk
- Serves as a subject matter expert for audits and exams
- Performs other duties as assigned
Education and/or Experience:
- Four-year college degree in a related field preferred OR an equivalent combination of education and experience
- At least eight years of experience or training in risk, audit or finance is required
- Risk Management related certification preferred (i.e., CERP)
- Management/Supervisory experience preferred
Specific Skills, Knowledge & Abilities:
- Demonstrated flexibility and organizational skills to manage numerous and sometimes competing responsibilities of varying urgency and criticality within a fast-paced work environment
- Hardworking, responsive and adaptable to what the situation dictates, including possessing the diligence to advance matters independently, combined with the strong interpersonal skills to work effectively in a diverse team
- Excellent business discernment and the ability to evaluate risk from a business perspective
- Ability to communicate complex matters with various individuals, including senior management
- Ability to identify and understand Financial Institution risk related to credit, information security, financial, operational, strategic/reputational, and regulatory compliance risk
- Ability to understand all of the Bank’s activities and how they must integrate to achieve the organization’s objectives
- Ability to effectively apply statistical concepts for analysis
- Ability to demonstrate strong critical thinking skills
- Ability to communicate and listen effectively
- Ability to provide feedback and support the Bank’s risk position to all levels of personnel
- Ability to organize, interpret and present information in meaningful way to diverse audiences
Hiring Salary Range
The hiring range below reflects targeted base salary. Actual compensation will be determined based on the candidate’s prior related experience & education and will be finalized at the time of offer. In addition to base salary, most positions are also eligible to participate in our annual bonus program. Select positions may also be eligible to earn incentives and/or commissions. Hiring Base Salary Range: $102,500 - $121,500 plus annual bonus.
Benefits
- Group Health, Dental, and Vision Insurance
- Generous Paid Time Off (PTO)
- Volunteer Time Off (VTO)
- 401(k) plan with lucrative company match
- Tuition assistance
- Company Paid Life Insurance
- Paid Parental Leave
- Lifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.
- Team Member Banking - a suite of products and services with special benefits for employees
Hybrid Eligibility: Position may be eligible for a hybrid work schedule (requiring some days in the office each week).
EQUAL OPPORTUNITY EMPLOYER
“PROTECTED VETERANS” AND “INDIVIDUAL WITH DISABILITY”
Salary : $102,500 - $121,500