Job Information
BANTERRA CORP Senior Risk Officer in SALT LAKE CITY, Utah
SUMMARY The Senior Risk Officer operates as a key leadership role in the company by guiding risk management functions. They are responsible for overseeing compliance and CRA, information security, fraud protection, and risk management. This role requires a highly skilled professional with a deep understanding of the financial services industry and the ability to navigate complex regulatory environments. Additionally, the Senior Risk Officer should be a strong communicator with the ability to effectively communicate complex risk concepts to non-technical stakeholders. The Senior Risk Officer will work closely with executive management to develop and implement risk management strategies that align with the organization's goals and objectives. By effectively identifying, assessing, and mitigating risks, they protect the company from potential financial losses, legal liabilities, reputational damage, and regulatory non-compliance. Their expertise enables the company to make informed decisions, pursue growth opportunities with confidence, and maintain a strong competitive position in the market. All employees are expected to protect the information and assets of the organization through heightened awareness of information security, cyber security, and risk management best practices, as well as complying with all applicable laws, regulations, and organizational policies.
ESSENTIAL DUTIES * Oversee and manage compliance, Community Reinvestment Act (CRA), information security, fraud prevention, and risk management. * Develop and implement risk management strategies to identify, assess, and mitigate risks across the * Ensure compliance with regulatory requirements and industry best practices. * Collaborate with and build synergies across teams to drive mitigation efforts and optimize operational workflows. * Monitor key risk indicators (KRIs) and implement corrective actions as needed. * Provide strong leadership to the risk management team, fostering a culture of collaboration, innovation, and continuous improvement. * Mentor and develop team members, empowering them to achieve their full potential. * Set performance goals, conduct regular performance evaluations, and provide constructive feedback. * Foster a culture of risk awareness, accountability, and continuous improvement within the organization. * Develop and maintain strong relationships with internal stakeholders, external partners, and regulatory bodies. * Stay up to date on industry trends, emerging risks, and regulatory changes that may impact the organization. * Prepare reports and presentations for senior management and the Board of Directors, highlighting risk exposure, mitigation strategies, and key initiatives. * Ensure compliance with internal policies and regulatory requirements. * Implement fraud protection measures to safeguard against fraudulent activities. * Stay up to date with industry trends and changes in regulations to ensure the organization remains compliant.
EDUCATION and CERTIFICATIONS * Bachelor's degree in Finance, Business Administration, a related field, or a commensurate combination of education and experience required. * Demonstrable leadership experience in risk management or a related field required.
MINIMUM REQUIREMENTS * Strong knowledge of audit practices, compliance frameworks, CRA regulations, information security standards, fraud prevention techniques, and risk assessment methodologies. * High ethical standards and integrity in dealing with... For full info follow application link.
Banterra Bank is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, sexual orientation, gender identify, age, disability, protected veteran status, or any other characte ristics protected by law.