Chief Risk Officer

Commercial Bank in Midtown, Manhattan is seeking a Chief Risk Officer!RESPONSIBILITIES:Responsible for leading corporate strategic and tactical legal and risk initiatives.Oversees and directs Risk Management, Compliance, Bank Secrecy Act, Vendor Management and Security business units and all related management reporting.Work directly with Current's bank partners on BSAAMLOFAC mattersAssumes ultimate responsibility for ensuring that the company conducts its business risk andcompliance with applicable SEC, OCC et al. laws and regulations.Structures and manages the company's internal compliance, BSA, Vendor Management andSecurity functions and staff.Conduct product and program risk assessments to identify and mitigate BSAAMLOFAC risksBuild and maintain an effective CDDEDD risk rating and monitoring program to include initial and ongoing assessments and review and analysis of unusualsuspicious account activitySupport our ongoing promotion of a strong culture of complianceABOUT YOU:15+ years of experience in building and overseeing a compliancerisk function at a commercial or community bankPragmatic, solutions-oriented, and comfortable providing nuanced approaches with imperfect information and in the face of unclear regulatory expectationsA substantial understanding of consumer financial services with a preference for experience with a consumer financial technology company.Expert-level understanding of key regulations (including the USA PATRIOT Act, Bank Secrecy Act, and OFAC requirements) and AML riskstypologies, as well as having the ability to identify emerging compliance trends and risksDemonstrated success in achieving exceptional results as a team leader and across reporting linesStrong communicator who is adept at building relationships with external partners as well as internal partners across operations, product, customer success, and riskCompliance certifications (e.g., CAMS) strongly preferred

Created: 2024-11-09