Director of Risk Management

First Service Bank • Greenbrier, AR

8d • Onsite

About The Position

First Service Bank is seeking an experienced Director of Risk Management to lead and advance its enterprise-wide approach to risk, compliance, regulatory readiness, and organizational controls. The role provides centralized leadership and coordination across the Bank’s risk and control environment, partnering with executive leadership, the Board, in-house counsel, and functional leaders to protect the Bank and support responsible growth.

The Director will help the Bank anticipate and address emerging risks, strengthen its control environment, maintain regulatory examination readiness, and promote accountability and a strong risk culture. The role also provides strategic direction and coordination across BSA/AML, fraud risk management, compliance, and internal audit functions. Experience in information technology risk management is preferred.

Requirements

• Bachelor’s degree in business administration, finance, accounting, economics, or a related field.
• A minimum of 7–10 years of progressive experience in banking, financial services, enterprise risk management, audit, compliance, operations, credit, or a related discipline.
• At least 5 years of experience in risk management or a related field.
• Previous leadership-level risk management experience within a financial institution.
• Strong understanding of financial institution regulatory requirements and examination expectations.
• Experience working across multiple areas of risk, compliance, audit, operations, credit, or technology.
• Strong analytical and problem-solving skills.
• Ability to independently prioritize and manage multiple high-impact responsibilities.
• Clear, confident, and influential communication skills.
• Strong professional judgment and ability to handle highly sensitive and confidential information.
• Reputation for integrity, accountability, resilience, and follow-through.

Nice To Haves

• Experience in information technology risk management.

Responsibilities

• Provide enterprise-wide leadership and coordination of risk management activities.
• Serve as a primary liaison with federal and state regulatory agencies and coordinate regulatory examinations, responses, and follow-up activities.
• Support and guide the Bank’s Compliance Management System and regulatory change management process.
• Provide strategic direction and coordination of BSA/AML, fraud risk management, compliance, and internal audit functions.
• Partner with Credit leadership on emerging credit, concentration, portfolio, and asset-quality risks.
• Provide oversight of CECL processes, controls, documentation, and monitoring.
• Promote consistent application of operational controls, segregation of duties, vendor management practices, and risk ownership across the organization.
• Help ensure the Bank is prepared for regulatory examinations and that identified issues are addressed appropriately and promptly.
• Partner across departments to identify control gaps, clarify responsibilities, and coordinate processes.
• Identify emerging regulatory, operational, credit, and strategic risks and coordinate appropriate responses.
• Develop and monitor meaningful key risk indicators (KRIs), key performance indicators (KPIs), and other risk reporting.
• Provide senior management and the Board with clear information about material risks, regulatory matters, control issues, and remediation efforts.
• Promote accountability and a strong risk culture throughout the organization.

Benefits

• Employee medical, dental, vision, life, cancer, and long-term disability insurance for less than $75.00 per month.
• Clothing stipends.
• Professional and personal development opportunities.
• Tuition reimbursement.
• Tuition discounts and partnerships with select local universities, including Central Baptist College.

What This Job Offers

• Job Type: Full-time
• Career Level: Director