Job Description

• OBJECTIVE: Oversight and development of a fully formed Enterprise Risk Management function that will
  support the Company and any affiliated companies or banks.
  ESSENTIAL FUNCTIONS
  The following is a list of essential functions, which may be subject to change at any time and without
  advance notice. Management may assign new duties, reassign existing duties, or eliminate a function.
• Monitor and report on all regulatory examinations including organization and review material requested; coordinate and participate in exit conferences; follow-up on all regulatory findings, including preparing written responses to the examiners. “Regulatory Agencies” include the Federal
  Reserve, FDIC, PA DoBs and other agencies the bank may be regulated by.
• Act as the liaison for Regulatory Agency Exams by coordinating/participating in pre-planning discussions and exit meetings, facilitating the gathering of requested documentation, and managing the exam agency’s expectations and regulatory concerns/findings.
• Responsible for ensuring the timely and accurate submission of regulatory reports and compliance summaries to the Regulatory Agencies and other relevant authorities.
• Accountable for monitoring new regulations that are put in place and insuring plans are put in
  place and actions taken to comply with them.
• Manage the oversight and remediation of matters requiring attention (MRAs), matters requiring immediate attention (MRIAs), matters requiring Board attention (MRBAs), and supervisory recommendations arising from Regulatory Agency examinations and audits.
• Lead the design and execution of a comprehensive Enterprise Risk Management (ERM) program, emphasizing stringent business controls, and promote Fair and Responsible Banking practices to fortify the organization’s risk resilience and ethical conduct.
• Prepare and submit annual regulatory reports to the Regulatory Agencies. Ensure compliance with state laws and regulations; including Other Real Estate Owned Reporting and the election of
  Officers and/or Directors.
• Coordination with General Counsel on overlapping Risk/Legal/Regulatory matters.
• Partner closely with the Chief Credit Officer to monitor the credit health of the bank.
• Manage various functions of the Bank including Risk Management, Compliance, AML/BSA, Security/Fraud, Information and Cyber Security, the Loan Review Process, and Vendor Management.
• Coordination of risk management training programs and annual policy review.
• Manage and oversee the branch/store/office applications and notifications process for new, closed, relocated, or consolidated locations in compliance with Regulatory Agency regulations and guidelines.
• Ensure payment of FDIC Assessment Invoices through FDICConnect.
• Ensure compliance with Regulation O regarding Finance Reporting, Overdraft Monitoring and Decisioning, and annual Director and Executive Officer Training communications.
• Collaborate with business and IT units to assess, prioritize, and monitor risks; safeguard the security and privacy of Bank and customer information.
• Serve as a Chairperson for MERC and report on Risk Management to the Board and ERC.
• Attend Management Committees and participate in voting and/or not voting on:

▪ ALCO & Pricing Committee
▪ Liquidity Management Team
▪ Compliance Committee
▪ Community Engagement & Reinvestment Committee
▪ Asset Quality Committee (includes CECL)
▪ IT & Operations Committee
▪ New Products and Services Committee

• Participate in new product and service development.
• Work with the Senior Management team in understanding the risks associated with the development
  of short- and long-term strategic plans and policies.
• Oversee and manage Complaint Management, ensuring the effective resolution and mitigation of customer complaints while aligning with regulatory standards and organizational risk management strategies.
• Adhere to regulatory mandates, including but not limited to BSA/AML, GLB/Privacy, Ethics for Bankers, and Pretext Calling and Identity Theft. Successfully complete Compliance Training to demonstrate a comprehensive understanding of these requirements, as outlined in the Bank’s core curriculum and the specific curriculum for this position at Republic Bank University.
• Assume other responsibilities as required.

REQUIREMENTS/QUALIFICATIONS
Education and Experience:

• Bachelor’s degree or equivalent, with a concentration in Business Administration/Accounting Economics.
  Ten years’ experience in Financial/Regulatory Compliance/Risk Management.
  Excellent communications skills; written and verbal.
• Complete understanding of the banking environment and all applicable regulations.
• Strong understanding of credit, underwriting and CECL modeling.

Skills and Competencies:

• Knowledgeable and conversant in the regulatory issues facing banking institutions; continually stay informed and up to date on issues
• Proficient basic computer skills
• Excellent communications skills
• Excellent Management and supervisory skills
• Superior problem resolution skills
• Ability to work independently
• Ability to manage fast paced multi-dimensional department
• Ability to maintain confidential information in a responsible and secure manner

WORKING CONDITIONS
Traditional office environment with no unusual work conditions

PHYSICAL DEMANDS
Republic Bank, promote an equal opportunity workplace, which includes reasonable accommodations of
otherwise qualified disabled applicants and employees. Please contact Human Resources with questions regarding the physical demands of this position.

• Manual dexterity for computer work
• Speaking, hearing and vision are required to perform all essential functions

We are proud to be an Equal Opportunity Employer. All qualified candidates receive consideration without regards to race, color, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

How to Apply

Job Types: Full-Time. Salaries: Not Disclosed.

35 total views, 0 today

Apply for this Job