Director of Enterprise Risk Management

Simmons Bank•Little Rock, AR

23h

About The Position

Responsible for developing and executing the Enterprise Risk Management Framework so the Bank can identify, assess, monitor, and report enterprise-wide risks within its approved risk appetite. The Director leads and mentors risk management team members, partners with business and risk leaders to support risk-informed decisions and alignment with enterprise strategy, maintains the Risk Appetite Statement, presents enterprise risk insights to executive and Board stakeholders, and advances risk management practices across the organization. The role directs enterprise risk policies, standards, frameworks, taxonomy, appetite, governance, and processes for identifying, assessing, prioritizing, aggregating, and monitoring risks. It oversees risk response and mitigation monitoring, analyzes and reports the Bank’s risk profile and emerging exposures, and provides actionable recommendations to leadership. The Director also develops risk communications and training, advises senior leaders and cross-functional partners, selects and optimizes GRC systems, and presents risk information to executives, board committees, regulators, and other stakeholders. The position requires compliance with applicable laws, regulations, policies, and procedures, including required compliance training; other duties may be assigned.

Requirements

Advanced degree in a related field.
Eight or more years of experience in banking or financial services, including significant leadership and strategic responsibilities.
Five or more years of direct enterprise risk management or related experience, with extensive leadership in risk management functions and cross-functional teams.
Deep understanding of governance structures, enterprise risk management practices, and Three Lines of Defense principles within financial institutions.
Ability to anticipate enterprise risks, evaluate interconnected impacts, and develop practical, forward-looking solutions to complex organizational challenges.
Strong attention to detail and technical writing skills.
Exceptional written and verbal communication skills at executive and Board level, including producing concise, decision-useful risk reports and presentations and representing the function in high-stakes engagements.
Ability to present information effectively to customers, clients, management, the Board of Directors, and employees in one-on-one and small-group situations.
Proficiency with Microsoft Office applications.
Experience using GRC platforms.
Risk management certification, such as CRMP, FRM, CRM, or equivalent.
Ability to maintain confidentiality and exercise sound judgment with sensitive information.
Demonstrated ability to work effectively across multiple business lines and organizational levels.
Recognized subject matter expertise and thought leadership in risk management.

Responsibilities

Direct the creation, review, and continuous improvement of enterprise risk policies, standards, frameworks, risk taxonomy, risk appetite, and governance documents.
Establish and oversee enterprise-wide processes for identifying, assessing, prioritizing, and aggregating material, strategic, and emerging risks; conduct risk assessments and monitor risk appetite.
Oversee enterprise risk response and mitigation monitoring, partnering with risk owners and subject matter experts to evaluate strategies, track action plans, and escalate material exposures or risk acceptance decisions.
Monitor, analyze, aggregate, and report the Bank’s enterprise risk profile, risk appetite performance, key risk indicators, strategic and emerging risks, and significant changes in exposure to executive management and the Board; provide actionable insights and recommendations.
Design and execute enterprise risk management communication and training strategies to promote consistent understanding of risk appetite, ownership, escalation expectations, and practices.
Build consensus among senior leadership and cross-functional partners; advance enterprise-wide initiatives through influence and strategic partnerships; serve as a trusted advisor on enterprise risk matters.
Select, implement, and optimize GRC systems supporting risk taxonomy, assessments, appetite, KRIs, issues, reporting, and governance; lead tool adoption, integration, and data quality standards.
Design and deliver enterprise risk presentations to executive leadership, board committees, regulators, and other stakeholders, communicating complex risk themes clearly.
Lead advanced enterprise risk analysis, develop aggregation and reporting methodologies, identify interdependencies and emerging trends, and translate risk information into strategic insights.
Develop departmental documents and activities in compliance with applicable laws, regulations, policies, and procedures, including completing required compliance training.
Perform other duties and responsibilities as assigned.