Enterprise Risk Management Specialist

12 hours ago


Washington DC USA, United States CityFirst Bank Full time
Job Title: Enterprise Risk Management Analyst

City First Bank is seeking a highly skilled Enterprise Risk Management Analyst to join our team. As a key member of our risk management department, you will be responsible for assessing and managing risks related to commercial real estate lending and investment activities.

Key Responsibilities:
  • Analyze risks specific to commercial real estate transactions, including credit risk, market risk, operational risk, and legal risk.
  • Conduct risk assessments on new real estate loans, investments, and other real estate-related financial products.
  • Evaluate potential impacts of economic trends, property market conditions, and regulatory changes on the bank's commercial real estate portfolio.
  • Develop and maintain risk monitoring tools and dashboards for real estate portfolios.
  • Prepare regular reports for senior management and the board on key risk indicators, emerging risks, and the overall risk profile of the bank's commercial real estate exposure.
  • Track the performance of commercial real estate loans and identify potential problem areas.
  • Ensure adherence to regulatory requirements related to commercial real estate lending (such as Dodd-Frank, Basel III, etc.).
  • Review and recommend updates to the bank's ERM policies, procedures, and frameworks, particularly those that impact real estate lending.
  • Assist with internal audits and regulatory examinations related to risk management.
  • Work with business units to implement risk mitigation strategies for commercial real estate loans, including stress testing, loan loss reserves, and credit enhancements.
  • Recommend corrective actions and best practices to minimize risk exposure.
  • Use data analytics to perform stress tests and scenario analyses to predict the impact of various market conditions (e.g., rising interest rates, changes in property values) on the bank's portfolio.
  • Analyze historical data and market trends to inform future lending strategies and risk appetite.
  • Partner with loan officers, credit analysts, and commercial real estate experts to understand the business and risk environment.
  • Communicate findings and recommendations clearly to non-risk specialists, ensuring that key risks are understood at all levels of the organization.
  • Provide training to staff on ERM concepts, focusing on risk management in commercial real estate.
  • Support a risk-aware culture within the bank by educating employees about the importance of adhering to risk management policies.
Requirements:
  • Bachelor's degree in finance, economics, business administration, or a related field.
  • 2-5 years of experience in risk management, credit analysis, or commercial real estate.
Preferred Qualifications:
  • Certification in Risk Management (e.g., FRM, PRM) is preferred.
Salary:

$107,171 - $125,200, annually



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