Director, Enterprise Risk Management

Fremont Bank•Livermore, CA

1d•$175,000 - $225,000•Onsite

About The Position

The Director of Enterprise Risk Management (ERM) reports to the Chief Enterprise Risk Officer and leads the execution and continuous improvement of the Bank’s ERM program. This role partners across the organization to proactively identify, assess, and manage risk while supporting strategic decision-making and Board-level oversight. This is a key leadership role responsible for advancing risk governance, strengthening risk culture, and enabling balanced, risk-informed growth.

Requirements

Bachelor’s degree in Finance, Business Administration, Risk Management, Accounting, Economics, Law, or related field required
Minimum 10 years of experience in banking, financial services, risk management, audit, compliance, or a related field
Minimum 5 years of progressive enterprise risk management experience
Demonstrated experience leading enterprise risk assessments, governance, reporting, and risk-related support for executive leadership and Board-level committees
Strong knowledge of enterprise risk management frameworks, banking regulations, and a broad range of risk disciplines, including operational, credit, market, liquidity, compliance, technology, cyber, and third-party risk
Excellent analytical, critical thinking, problem-solving, project management, and organizational skills, with the ability to translate complex risk concepts into actionable business insights
Proven ability to influence, collaborate, build consensus, and communicate effectively across all levels of the organization, including executive and Board audiences
Strong executive presence, sound judgment, and the ability to operate independently in a dynamic environment
Exceptional verbal, written, and presentation skills, including executive and Board-level communication
Advanced proficiency with Microsoft Office and risk reporting systems
Minimum 6 years of people leadership experience required

Nice To Haves

Master’s degree preferred
experience with Power BI and Tableau highly preferred
Professional certifications such as Certified Risk Manager (CRM), Certified Enterprise Risk Professional (CERP), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), or Project Management Professional (PMP) preferred.

Responsibilities

Lead the design, execution, and continuous improvement of the ERM framework, policies, and methodologies
Support the development, implementation, and monitoring of the Bank’s risk appetite framework
Drive the ongoing maturation of enterprise risk capabilities, governance, and reporting
Integrate risk culture considerations into ERM program design, measurement, and reporting.
Direct enterprise-wide risk assessments, including inherent risk, control effectiveness, and residual risk evaluation
Maintain and enhance the enterprise risk inventory and taxonomy
Develop, monitor, and report Key Risk Indicators (KRIs), dashboards, and scorecards
Monitor emerging risks, regulatory changes, and industry trends impacting the Bank
Ensure timely identification, escalation, and resolution of material risk issues
Partner with business units to assess risks related to strategic initiatives, new products, technologies, and third-party relationships.
Lead ERM governance processes and coordinate risk-related committees
Partner with the Chief Enterprise Risk Officer to prepare and deliver risk reporting, analysis, and insights to executive leadership and Board committees
Provide clear, concise, and actionable analysis of enterprise-wide risk exposures and trends
Ensure risk reporting is accurate, consistent, timely, and decision-useful
Maintain documentation supporting governance activities, decisions, and committee actions.
Serve as a visible champion of a strong, proactive risk culture that emphasizes accountability, transparency, and ownership at all levels of the organization
Embed risk management into day-to-day business activities, reinforcing that risk ownership resides within the first line of defense
Drive alignment between risk culture, organizational values, and strategic objectives
Establish and monitor risk culture indicators (e.g., escalation timeliness, issue resolution, policy adherence, training completion)
Design and deliver enterprise-wide risk education and awareness programs tailored to all organizational levels
Conduct ongoing assessments of risk culture through surveys, feedback, and metrics; develop targeted action plans to address gaps
Act as a trusted advisor to leadership, providing guidance on risk-informed decision-making and balanced risk-taking
Reinforce tone-from-the-top alignment in partnership with the Chief Enterprise Risk Officer and executive leadership.
Partner closely with first and second line of defense functions to ensure coordinated risk management practices
Oversee issue management, including root cause analysis, remediation tracking, and sustainable control improvements
Evaluate audit findings, regulatory observations, and compliance matters for enterprise-wide impact
Support development and execution of corrective action plans and control enhancements.
Advise on risks associated with growth initiatives, transformation efforts, new technologies, and operational changes
Participate in major projects and change initiatives to ensure risks are appropriately considered and managed
Contribute to enterprise resilience, business continuity, and operational risk preparedness.
Lead, coach, and develop ERM team members
Foster a culture of collaboration, accountability, and continuous improvement
Ensure ERM team members consistently model desired risk culture behaviors
Manage resources and workload effectively to support organizational objectives.
Perform other duties and responsibilities as assigned.