Director of Enterprise Risk Mgmt-Harrisburg, PA/Mount Laurel, NJ

Mid Penn Bank•Mount Laurel Township, NJ

5d•$139,614 - $200,000•Onsite

About The Position

Mid Penn Bank is seeking a Director of Enterprise Risk Management for an on-site role in Harrisburg, Pennsylvania, or Mount Laurel, New Jersey. The Director supports the Chief Risk Officer in managing and evolving the Company’s Second Line of Defense Enterprise Risk Management function. Areas of oversight include Enterprise Risk Management, Third Party Risk Management, New Products and Services, Change Management, Model Risk Management, the Enterprise Risk Management Framework, risk policies, governance, risk appetite, and management projects. The position also provides guidance to Second Line functions, manages enterprise risk initiatives and regulatory or audit/risk issues, and serves as backup for the Chief Risk Officer when called upon by Executive Management. The role manages the daily functions and staff of Enterprise Risk Management; develops and maintains programs, policies, procedures, reporting, and risk processes; and presents risk matters to Management and Board committees. It supports regulatory examinations and submissions, oversees risk and model governance, and helps identify, measure, control, and monitor financial and operating risks. The Director also leads the annual development and update of the Company’s Risk Appetite Statement for Board approval and establishes processes to monitor and report alignment with the statement. A bachelor’s degree in Finance, Business, Economics, or a related field is required. At least 10 years of experience in Risk Management, Bank Regulatory, Policy Development, or Internal Audit, including SOX Testing and Control Implementation, is required; a combination of experience in these areas will also be considered. Advanced degrees or professional certifications in audit, risk, compliance, and/or credit/accounting are preferred. The annual salary range is $139,614–$200,000, with compensation determined in part by qualifications and location. Employment requires authorization to work in the United States without current or future visa sponsorship.

Requirements

Bachelor’s degree in Finance, Business, Economics, or a related field.
At least 10 years of experience in Risk Management, Bank Regulatory, Policy Development, or Internal Audit, including SOX Testing and Control Implementation; a combination of experience in these sectors will also be considered.
Proficient reading, writing, grammar, and mathematics skills.
Proficient interpersonal, communication, and presentation skills.
Proficient customer service orientation and ability to work with all levels of staff.
Strong organizational, analytical, and problem-solving skills.
Basic knowledge of state and federal financial-services regulatory requirements.
Ability to use current technology and software applications related to the position proficiently.
Ability to analyze and interpret basic to moderately complex data sets.
Ability to sit, stand, walk, bend, stoop, reach with hands or arms, manipulate objects, handle or feel, and lift items weighing 20 pounds or less.
Visual, auditory, and speaking skills.
Valid driver’s license.
Authorization to work in the United States without current or future Mid Penn Bank visa sponsorship.

Nice To Haves

Advanced degree or professional certifications in audit, risk, compliance, and/or credit/accounting.

Responsibilities

Manage daily Enterprise Risk Management functions, including staffing, performance management, problem resolution, and other managerial responsibilities.
Oversee development and ongoing evolution of the Enterprise Risk Management Program and associated processes, including policies and procedures for risk identification, assessment, reporting, mitigation, and acceptance.
Present risk identification, assessment, reporting, mitigation, or acceptance matters to Management and Board committees as needed.
Drive and participate in continuous improvement projects across Second Line of Defense workstreams.
Train, mentor, and develop Enterprise Risk Management staff; review staff work as appropriate for quality and compliance with the program.
Stay current on industry topics relating to accounting, auditing, compliance, regulation, operations, best practices, and emerging risks.
Assist the Chief Risk Officer with strategies and processes to limit risk through appropriate identification, measurement, and control.
Ensure compliance with the Company’s Enterprise Risk Management Program.
Support supervisory examination requests and responses to applicable enterprise risk regulatory examination requests.
Review and comment on applicable regulatory submissions to help ensure alignment with supervisory expectations.
Oversee the Company’s risk structure and governance.
Oversee the Company’s Model Risk governance processes.
Assist the Chief Risk Officer in identifying, measuring, controlling, and monitoring financial and operating risks, including compiling information for quarterly Management Risk Committee meetings and managing Enterprise Risk Management systems used by the Company.
Oversee development and annual updating of the Company’s Risk Appetite Statement for Board of Directors approval; ensure alignment with strategy and establish processes to monitor and report alignment and risk-owner mitigation activities.
Provide insight and guidance to Second Line functions, manage enterprise risk initiatives and regulatory or audit/risk-related issues, and serve as backup for the Chief Risk Officer when called upon by Executive Management.