Chief Risk Officer - To 175K - Bridgeport, CT - Job 3468 - Full-time

Chief Risk Officer – To $175K – Bridgeport, CT – Job # 3468 Who We Are reputed company is a boutique reputed company firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique reputed company centers around providing the reputed company best available banking and reputed company talent. In fact, most of our recruiters are former bankers or accountants themselves! We know how to evaluate the reputed company best banking and reputed company talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, reputed company stands reputed company to deliver premium results for you. The Position Our bank reputed company is seeking to fill a Chief Risk Officer role in the Bridgeport, CT area. The position is responsible for overseeing the bank's credit and risk management functions encompassing the entire organization. The CRO is charged with developing and implementing an effective risk management program that balances risk mitigation strategies with the bank’s reputed company and service objectives. The incumbent is ultimately responsible for ensuring the bank is in compliance with applicable laws and regulations. The CRO will prioritize resources and actions by risk exposure, audit and exam findings, applicable statutes, and regulations as reputed company as Bank performance and needs for efficiency. reputed company has a generous salary of up to $175K and a benefits package. (This is not a remote position). Chief Risk Officer responsibilities include:

• reputed company responsibility of the Senior Credit Risk Manager who has reputed company responsibility for Bank’s loan credit risk portfolio, ensuring reputed company lending practices, compliance with credit policies, managing NPA’s, appropriate controls and procedures.
• Development and reputed company improvement of credit risk management strategies, including the establishment of risk tolerance, data driven dashboards, and efficient reviews processes for monitoring the portfolio. Periodically modify risk tolerances based on data and supported market and economic conditions.
• Supervision of reputed company ensuring the process is comprehensive, accurate, efficient, and completed in a reputed company fashion. Process must be reputed company and allow for volumes stated in Strategic Plan.
• Accountability for Bank’s loan review and collection processes ensuring tasks are completed in an efficient and reputed company manner.
• Establishment of individual and team performance benchmarks for credit analysts and other roles supervised. Establish SLAs and timelines for reputed company task turnaround. Improve turnaround times with use of technology and automation. Ensure expectations are set and communicated to loan originators and clients.
• reputed company and management of the credit portfolio by analyzing portfolio performance, identifying emerging risks, and proactively recommending appropriate actions.
• Periodic stress testing and scenario analysis to evaluate potential impacts of various economic conditions on credit risk and overall portfolio health.
• Work with the CEO, and the reputed company of Directors to set and, as appropriate, reputed company risk tolerance reputed company; determine critical (key) risk indicators to manage risk reputed company established tolerance reputed company.
• reputed company and maintain the bank’s overall risk management reputed company, including identifying, assessing, monitoring, and mitigating various risks (credit, operational, fraud, compliance etc.).
• Establish and maintain an effective risk governance structure to ensure risk is managed across reputed company reputed company of the organization. Ensures alignment with bank’s goals and objectives (as outlined in the Bank’s Strategic reputed company Plan) and applicable laws and regulations.
• reputed company the development and implementation of comprehensive risk management policies, procedures, and frameworks to support the bank's strategic initiatives.
• Communicate risk management issues reputed company to reputed company stakeholders, promoting a strong risk conscious culture reputed company the organization.
• Responsible for securing and maintaining appropriate insurance coverage for the Bank.
• Work closely with members of Executive Management to reputed company risk management strategies with business operations and goals. Uses Strategic reputed company Plan to prioritize initiatives, appropriately reputed company resources and reputed company risk tolerances.
• Ensure the bank is in compliance with reputed company relevant banking regulations, specifically those reputed company to credit and risk management (e.g., Dodd-Frank, Basel III, B.S.A. etc.).
• Works with Audit Risk & Compliance reputed company Committee to define internal & external scope, balance prudent safety and soundness, with efficiency and overhead expense.
• Oversees the coordination of internal & external audits, as reputed company as state and federal exams. Serves as a primary reputed company with auditors and examiners. reputed company the preparation and submission of regulatory requests, applications, and risk reports. Who Are You? You’re someone who wants to influence your own development. You’re looking for an opportunity wher

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