| Title: | Senior Risk Officer |
|---|---|
| ID: | 2811 |
| Location : | Open |
| Position | Senior Risk Officer |
| Reporting To | SVP/Director of HR, CRO |
| Location | Open |
About the Position
An internal partner who identifies, assesses, monitors, and mitigates risk across all areas of the bank's operations. Ensures the bank operates within its risk appetite and adheres to regulatory requirements.
About the Opportunity
The Citizens Bank opened in 1908 in Philadelphia, MS, and it quickly earned a reputation for safety, confidence, honesty, integrity, and hard work. Throughout its history, the bank held steadfast to its commitment to be a bedrock partner to the communities it serves. Today, still grounded in the principles on which we were founded, our bank serves the state of Mississippi through 26 branch offices and beyond with its digital and mobile banking solutions. Our high-tech, high-touch approach to full-service banking helps us provide the products and services of larger banks, but with a level of service that only a community bank committed to extraordinary service can provide. We're different. We appreciate and respect our past, but our sights are clearly set on building an even better bank for the future, and it starts with our people. Our commitment to making the bank a great place to work is woven into the fabric of our core values - SERVE.
Essential Duties
Lead the development and implementation of risk management policies, procedures, and frameworks across the bank. Monitor and assess risk across credit, market, operational, liquidity, compliance, reputational, and strategic domains. Determine necessary controls for managing risk and conduct periodic risk assessments and stress testing exercises. Oversee the development of risk reporting and dashboards for executive management, the Board, and regulatory bodies. Collaborate with business units to ensure risk considerations are integrated into strategic and operational decisions. Provide expert advice to management on emerging risks and risk mitigation strategies. Support the preparation for regulatory audits and risk-related reporting obligations. Act as liaison to regulators during exams/audits. Develop and deliver training programs on risk awareness and risk management best practices. Oversee and/or ensure quality control of individual risk assessments, including appropriate stress testing, performed as a part of the enterprise risk management program. Assist senior management in the determination of risk appetite in regards to identified risk within the enterprise risk management program. Oversee the Information Security program and department. Act as model risk management manager and direct the model risk management program.
Perform all job functions in compliance with the requirements of banking laws and regulations. Perform other duties as required by supervisory personnel.
7-10+ years experience in risk management roles within the banking or financial services industry.
Strong understanding of risk frameworks (COSO, ISO 31000), regulatory standards, and capital adequacy requirements.
Strong knowledge of banking products, credit underwriting, and financial statements.
Proven experience with risk analytics tools and risk modeling.
Excellent analytical, communication, and leadership skills.
Strong ethical standards and commitment to integrity.
4-year degree in Finance, Economics, Risk Management, or related field.
Professional certifications, such as FRM, PRM, CFA, or equivalent preferred.
VEVRAA Federal Contractor
