SVP, Director, Enterprise Risk Management at Vast Bank

Description

Vast Bank is looking to hire an SVP, Director, Enterprise Risk Managment!

About Vast Bank

Since February of 1982, we've been a financial institution that has served customers in Northeast Oklahoma and beyond. Our deep roots in the community and commitment to personal service have enabled us to grow alongside our customers, creating conveniences and solutions to fit unique problems and lifestyles. For over 40 years, we've built a legacy on personal service, flexibility, strength, and integrity. Now, with bold leadership and a renewed commitment to customer-centricity, we're aiming higher for the next 40 years. New ideas, strong partnerships, and modern technology will accompany a winning culture to deliver more control and a surprisingly easy banking experience.

We're a company that believes in taking care of the people who make working here possible. In addition to competitive compensation, we offer a leading employee benefit package:

• Comprehensive benefits package & 401(k) match

• Professional development- opportunities for advancement!

• Tuition assistance

• Transit reimbursement

• Paid time off

• & more!

Qualifications

Summary Of Role

The primary responsibility of the Enterprise Risk Management, Director is developing, implementing, and maintaining the organization’s risk management framework to identify, assess, monitor, and report key risks across the enterprise. This individual will support the integration of risk into strategic decision-making, help cultivate a risk-aware culture, and ensure the institution remains resilient and responsive in a rapidly evolving risk landscape.

Major Duties and Responsibilities

• Assist the Chief Risk Officer to develop, implement and maintain a comprehensive ERM Program and Risk Governance Framework including, policies, standards, and procedures aligned to the COSO ERM framework, industry best practices, and organizational objectives.

• Facilitate enterprise-wide risk assessments to identify, assess, and prioritize key risks (strategic, operational, credit, compliance, financial, and emerging risks).

• Support the development and maintenance of the organization’s risk appetite statement, risk limits, and key risk indicators (KRIs); monitor adherence and escalate breaches appropriately.

• Prepare regular ERM reporting and dashboards for executive management, business unit leadership, Risk Committees, and the Board of Directors.

• Promote a strong risk culture throughout the organization by embedding risk awareness into processes, training, and decision-making activities.

• Coordinate stress testing and scenario analysis to evaluate the impact of adverse conditions on the organization’s risk profile and strategic objectives.

• Manage the risk and control library and assess and evaluate the effectiveness of the controls to mitigate risk exposure.

• Manage the enterprise issue management process including identification, documentation, root cause analysis, remediation tracking and validation testing of non-Internal Audit issues.

• Manage the model risk management program ensuring timely updates of the model inventory, documentation and validation activities.

• Deliver risk-related awareness training to all Bank employees.

• Act as a trusted advisor to business units, providing risk insights and supporting strategic and operational initiatives through a risk lens.

• Assist with internal and external audits, examinations, and regulatory reviews related to enterprise risk management activities.

• Perform other duties as assigned.

Knowledge & Skills

Experience

10+ years of experience in enterprise risk, operational risk, compliance, audit, or a related field within the financial services industry.

Education/Certifications/Licenses

Bachelor’s degree in Business Administration, or related field; advanced degree (MBA, JD, etc.) is a plus.

Relevant professional certifications are preferred (e.g., CERP, CPA, CIA, etc.).

Interpersonal Skills

A significant level of trust and diplomacy is required to be an effective subject matter expert in the position. In-depth dialogues, conversations and explanations with direct and indirect reports and outside vendors of a sensitive and/or highly confidential nature is a normal part of the day-to-dayexperience. Communications can involve motivating, influencing, educating and/or advising others on matters of significance.

Role Important Behavioral Skills

• Strong communication skills to develop good working relationships and to promote cooperation and compromise among various departments.

• Display the ability to research and comprehend a high level of knowledge in current and developing regulations.

• Ability to develop and maintain effective working relationship at all levels by proactively participating and contributing to a positive work environment, controlling emotions and temperament, and exhibiting courteous, respectful, and professional behavior.

• Ability to quickly adapt to changing environments, processes, and technologies. Technological ability and willingness to work remotely from home as required.

• Strong organizational skills.

• Ability to maintain composure under pressure or adverse circumstances, using effective strategies for managing personal stress.

• Ability to maintain personal and work direction when faced with ambiguity.

ADA Requirements

Physical Requirements

Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on a computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable, and timely attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace.  Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising the highest level of discretion on both internal and external confidential matters.

EEO StatementIt is the policy of Vast Bank to afford equal opportunity in all phases of employment without regard to an individual’s race, color, creed, religion, gender, national origin, age, disability, marital status, ancestry, sexual orientation, unfavorable military discharge for qualified individuals with disabilities, and for qualified disabled veterans and veterans of the Vietnam era, to the extent required by applicable local, state and federal law.