Create and prepare risk management reports and analysis which complement the Risk Management Policy and align with the Company's risk categories and risk tolerance
Maintain and expand use of enterprise risk management software
Produce a variety of risk-related reports including reports specific to certain lines of business/functions as well as summary reports for executive management and the board of directors
Develop and produce risk-based reporting highlighting changes in risk profile
Develop a library/inventory of key performance indicators (KPIs) and key risk indicators (KRIs)
Coordinate with management and/or oversight committees and the lines of business to ensure emerging risks and risks outside of tolerance are being monitored and responded to accordingly
Represent Risk Management in significant projects and initiatives that have a potential impact on the Company's risk profile and produce appropriate reporting
Model Risk Management
Create, implement and administer an enterprise-wide model risk management program which includes standards and documentation for identifying and risk-rating models, maintaining a model inventory, and managing a model validation schedule
Accurate and timely decisions, communications, and recommendations regarding risk management matters.
Ability to maintain the confidentiality of organization and associate information.
Accurate and timely reporting of risk management.
Regular and consistent follow-through and follow-up on requests and open items.
5-7 years' work experience, preferably in risk management, accounting, auditing or finance functions; banking experience required
Requires a 4-year college degree with a Business Discipline
Prior experience creating and implementing new company-wide programs
Internal Number: RISKM01383
As of June 30, 2019, First Busey Corporation (Nasdaq: BUSE) was a $9.61 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary with total assets of $7.66 billion as of June 30, 2019, is headquartered in Champaign, Illinois and has 44 banking centers serving Illinois, 13 banking centers in the St. Louis, Missouri metropolitan area, five banking centers serving southwest Florida and a banking center in Indianapolis, Indiana. Through the Busey Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $7.47 billion. Busey Bank owns a retail payment processing subsidiary, FirsTech, Inc., which processes approximately 28 million transactions per year using online bill payment, lockbox processing and walk-in payments at its 4,000 agent locations in 43 states. More information about FirsTech, Inc. can be found at firstechpayments.com.
Busey Bank was named among Forbes' 2019 Best-In-State Banks—one of five in Illinois and 173 from across the country, equivalent to 2.8% of all banks. ...Best-In-State Banks are awarded for exceptional customer experiences as determined by a survey sample of 25,000+ banking customers who rated banks on trust, terms and conditions, branch services, digital services and financial advice.
TheBANK of Edwardsville, a wholly-owned bank subsidiary of the Company with total assets of $1.95 billion as of June 30, 2019, is headquartered in Edwardsville, Illinois and has 19 banking centers. Through TheBANK of Edwardsville Wealth Management division, the Company provides asset management, investment and fiduciary services to individuals, businesses and foundations. As of June 30, 2019, assets under care were approximately $1.50 billion.
For more information about us, visit busey.com and 4thebank.com.