Director of Enterprise Risk Management

4 days ago


Fair Lawn, New Jersey, United States Columbia Bank Full time
Job Description:
Columbia Bank invites applications for the position of Director of Enterprise Risk Management. As a critical member of the bank's senior management team, you will play a pivotal role in overseeing the bank's credit risk review and collateral risk functions, ensuring compliance with regulatory guidelines and industry best practices.

About the Position:
The ideal candidate will possess strong leadership and strategic management skills, with a proven track record in credit risk management and collateral valuation. You will lead cross-functional teams to develop and implement risk-focused policies, procedures, and programs that align with the bank's risk appetite and risk management framework.

Key Responsibilities:
  • Leadership and Strategy:
    • Serve as the primary point of contact for regulatory examiners and external audits relative to Credit Risk.
    • Establish clear goals for staff, ensuring accountability for performance and promoting a culture of continuous improvement.
  • Oversight of Credit, Collateral, and Loan Concentration Risks
    • Oversee the analysis and assessment of credit and real estate market risks, ensuring 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, ensuring alignment with the bank's risk appetite and risk management framework.
  • Risk Monitoring and Reporting
    • Provide regular reports on credit, collateral, and loan concentration risks to executive management and the Board of Directors.
    • Establish and monitor key risk indicators (KRIs) to assess existing and emerging credit risks facing the bank.
  • Other
    • Demonstrate a commitment to the bank's Diversity, Equity, and Inclusion (DEI) goals and initiatives.


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