VP Risk Management Officer

JOB TITLE:              Risk Management Officer

REPORTS TO:            Audit Committee of the Board of Directors

JOB SUMMARY:       Primarily an internal audit function with other areas of responsibility, including Compliance, and BSA/AML. Responsibilities include executing the positions of Internal Audit Coordinator (IAC); Compliance Officer; and other related functions.  This person reports directly to the Audit Committee of the Board and supervises the BSA Officer and audit/compliance staff.

General responsibilities are included below but are not all inclusive of responsibilities assigned to this position.

PRIMARY DUTIES AND REPONSIBILITIES:

• Maintains and executes an effective and efficient audit program to manage risk within the organization.
• Determines annual audit scope and develops annual plans.
• Interacts with outsourced audit firms to ensure proper and timely execution of the audit testing.
• Supervises staff and assists with internal audits, including branch audits.
• Analyzes and evaluates audit findings for risk impact.
• Reports audit results and tracking of issues to the Audit Committee. Maintains open communication with management and the audit committee.
• Assists with regulatory exams.
• Supports management in maintaining compliance with all applicable laws and regulations. Acts as an objective source of independent advice.
• Promotes compliance related training development and assists with presentations to bank staff.
• Develops policies and procedures to support compliance with banking laws and regulations and may perform testing to ensure policies and procedures are being followed.
• Leads the Compliance Council.
• Oversees the BSA program.

Secondary Duties and Responsibilities:

• Other duties as assigned