Chief Risk Officer

Job Summary:

We are seeking an experienced and strategic-minded Chief Risk Officer to lead our risk management function and ensure the effective identification, assessment, and mitigation of risks across the organization. The Chief Risk Officer will play a critical role in safeguarding Servbank's assets, reputation, and regulatory compliance while supporting the achievement of our business objectives.

About Servbank:

Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you’re a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.

Responsibilities:

• Risk Management Strategy: Develop and implement a comprehensive risk management framework, policies, and procedures to identify, assess, monitor, and mitigate risks across all business lines and functions.
• Market Risk Management: Monitor and manage market risks, including interest rate risk, liquidity risk, and foreign exchange risk, to ensure the stability and resilience of Servbank's balance sheet.
• Operational Risk Management: Identify and address operational risks arising from internal processes, systems, and human factors to enhance operational efficiency and resilience.
• Compliance and Regulatory Oversight: Ensure compliance with applicable laws, regulations, and industry standards, including but not limited to banking regulations, anti-money laundering (AML), and Know Your Customer (KYC) requirements.
• Risk Reporting and Analytics: Develop and maintain risk reporting mechanisms and analytics tools to provide timely and accurate information to senior management, the Board of Directors, and regulatory authorities.
• Risk Culture and Awareness: Promote a strong risk-aware culture throughout the organization by providing training, guidance, and support to employees on risk management best practices and principles.
• Stakeholder Engagement: Collaborate with internal stakeholders, including senior management, business units, and risk management teams, to assess and address emerging risks and opportunities.

• Bachelor's degree in Finance, Risk Management, Business Administration, or related field; Master's degree preferred.
• Professional certification in risk management (e.g., FRM, PRM, CRM) is highly desirable.
• Extensive experience in risk management roles within the banking or financial services industry, with a minimum of ten years of experience.
• Strong understanding of risk management principles, methodologies, and best practices.
• Proven track record of developing and implementing effective risk management frameworks and strategies.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and management abilities, with the ability to influence and engage stakeholders at all levels of the organization.
• Excellent communication, presentation, and interpersonal skills.
• Sound knowledge of banking regulations, compliance requirements, and industry trends.

EEO Statement:

We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.