VP, Risk Governance and Compliance

2 weeks ago


Fair Lawn, New Jersey, United States Columbia Bank Full time

Columbia Bank is an Equal Opportunity Employer committed to maintaining a diverse and inclusive work environment. We are seeking a highly skilled and experienced risk professional to join our team as VP, Risk Governance and Compliance.

Job Description:

The successful candidate will have a strong background in risk management, with a minimum of 10 years of experience in bank credit. This role requires excellent leadership and strategic management skills, as well as the ability to communicate effectively with senior management and the Board of Directors.

Responsibilities:
  1. Credit Risk Review and Collateral Risk Oversight:
  • Oversee the analysis and assessment of credit and real estate market risks.
  • Ensure the completion of loan reviews that accurately reflect the credit risk profile of each loan.
  • Develop and implement strategies to address identified credit and collateral risks that align with the bank's risk appetite and risk management framework.
  1. Policy Development and Documentation:
  • Develop, implement, and maintain credit risk review and collateral risk policies and procedures to ensure compliance with regulatory guidance and industry best practices.
  1. Risk Monitoring and Reporting:
  • Identify and monitor developments and trends at the portfolio and industry level through targeted and continuous monitoring of key credit risks and trends.
  • Provide executive management and the Board of Directors with regular reports on credit, collateral, and loan concentration risks, including quarterly presentations to the bank's Audit Committee.

The estimated salary for this role is $120,000 - $180,000 per year, depending on experience.


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