What are the responsibilities and job description for the Chief Risk Officer position at ProSearch?
ProSearch is partnering with Maine Community Bank to hire an experienced Chief Risk Officer to join the executive leadership team in Portland, Maine. This influential role helps to shape the bank’s long-term stability and oversees a robust enterprise risk management program with high regulatory standards. If you are a proven leader who thrives in a collaborative, mission driven environment, this opportunity offers the ability to make a significant impact.
About the Role
The Chief Risk Officer reports directly to the CEO and provides executive oversight of the bank’s enterprise risk strategy. The CRO will guide the organization in identifying, assessing, and mitigating risks that influence financial performance, regulatory readiness, and operational resilience. As a key member of senior leadership, the CRO will contribute to strategic planning and help ensure a strong enterprise risk management program.
Key Responsibilities
• Design, implement, and continuously enhance a comprehensive Enterprise Risk Management Program that supports the bank’s strategic objectives
• Identify, evaluate, and monitor risk across all major categories including interest rate, data security, operational, compliance, reputational, and emerging risks
• Develop and manage the bank’s risk appetite and risk tolerance framework while ensuring alignment with regulatory expectations and organizational goals
• Deliver timely and insightful risk reports, dashboards, and analyses to the CEO, Board of Directors, and Risk Management Committees
• Partner with internal departments to cultivate a culture of strong risk awareness and effective controls throughout daily operations
• Lead crisis management planning and business continuity strategies
• Stay current with regulatory developments and industry trends and guide the bank in adapting risk strategies proactively
• Develop, refine, and implement enterprise risk management methodologies across administrative, lending, operational, and compliance functions
• Review findings from internal and external audits to strengthen risk posture
• Oversee the Information Security Officer and support data security, cybersecurity readiness, third party management, and technology risk management
• Manage the bank’s insurance program
• Serve as a primary regulatory liaison with the FDIC and the Maine Bureau of Financial Institutions
• Provide leadership over bank wide policy governance
• Supervise key positions including the Director of Compliance and Audit, AML and CFT Officer, Information Security Officer, Fraud Prevention Officer, Risk Operations Officer, and Payments Risk Officer
• Foster a culture of growth, motivation, and development for risk team members
• Represent the bank at selected community events that support its mission
• Perform additional responsibilities as needed to support the success of the organization
Skills and Qualifications
• A minimum of 10 years of senior level experience in risk management within banking, financial services, or a closely related industry
• Expertise in enterprise risk frameworks, risk modeling, and governance structures
• Demonstrated leadership skills with the ability to influence, guide, and partner across all levels of an organization
• Excellent analytical thinking, strategic decision making, and communication skills
• Master’s degree in finance, risk management, economics, or a related field preferred
• Professional certifications such as FRM, PRM, or CFA preferred
Join Maine Community Bank
If you are inspired by the opportunity to lead enterprise risk at a mission driven community bank and want to contribute to a dynamic and forward-looking executive team, we encourage you to apply. Submit your application today and take the next step in advancing your career as a Chief Risk Officer.