Head of Operational Risk and Compliance

2 weeks ago


Frederick, Maryland, United States Horizon Farm Credit Full time
Job Overview

Are you seeking a pivotal role that fosters team development, promotes a healthy work/life balance, and encourages collaboration?

Position Summary

Horizon Farm Credit is in search of a Director of Internal Risk and Controls (IRC). This role can be performed from any of our branches, and it supports a hybrid work model based on project needs. The ideal candidate will possess extensive experience in risk management, demonstrating analytical skills and a keen attention to detail, with a strong focus on operational risk and compliance.

Key Responsibilities:
  • Lead the establishment and ongoing management of the organization's Operational Risk Management Program, which includes the development of risk and control frameworks, risk assessments, and control testing protocols.
  • Identify gaps in operational processes and emerging risk trends, collaborating with various departments to devise effective risk mitigation strategies.
  • Oversee independent testing of internal controls and ensure compliance with relevant frameworks, escalating significant risks to senior management.
  • Conduct thorough assessments of credit risk within the loan portfolio, providing insights and presenting findings to leadership.
  • Manage the Model Risk Management program, ensuring adherence to guidelines and facilitating training on model risk management.
  • Stay informed on industry trends to identify potential risks and engage in discussions on best practices in Operational Risk Management.
  • Support the enterprise risk management process by facilitating risk identification activities.
  • Enhance risk reporting capabilities through the development of tools and documentation of risk metrics.
  • Assist in preparing risk reports for the Board and executive management as necessary.
  • Set performance expectations and implement changes to policies and procedures to achieve departmental objectives.
  • Oversee the development and performance evaluation of team members.
Qualifications:
  • Bachelor's degree in Accounting, Finance, or Business with a specialization in Risk Management.
  • Preferred certifications include CIA, CPA, or CISA.
  • 8-10 years of experience in risk management, ideally within the financial services sector, with demonstrated leadership capabilities.
  • Comprehensive understanding of business processes, financial reporting, and IT risks.

Additional Skills:
  • Advanced knowledge of the COSO framework, CoBIT, and other recognized control frameworks.
  • Familiarity with operational and enterprise risk management principles.
  • Ability to identify compliance gaps in internal policies.
  • Strong interpersonal skills to build effective relationships.
  • Adaptability to changing work environments.
  • Willingness to travel as necessary.
  • Consistent and reliable attendance is essential.

About Horizon Farm Credit

Horizon Farm Credit has a rich history of supporting agriculture and rural communities for over a century. As a leading rural lender, we are committed to making a positive impact in the agricultural sector.

What We Offer:

We provide competitive compensation and a comprehensive benefits package for full-time employees, including:
  • Medical, dental, and vision insurance
  • 401(k) plan with generous employer matching
  • Paid time off and holidays
  • Tuition reimbursement and professional development opportunities
  • Support for student loan repayment
  • Inclusive work environment


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