Chief Business Risk Officer

3 days ago


Chicago, Illinois, United States Metropolitan Capital Bank and Trust Full time
Chief Business Risk Officer

Metropolitan Capital Bank and Trust is seeking a seasoned Chief Business Risk Officer to lead our risk management and compliance efforts. As a key member of our executive team, you will be responsible for directing, administering, and overseeing risk management and regulatory compliance activities in accordance with our goals and objectives.

Key Responsibilities:
  • Develop and implement a comprehensive risk management framework that aligns with our strategic goals and regulatory requirements.
  • Contribute to the strategic direction of the bank through the development and implementation of risk management strategies, policies, and procedures.
  • Oversee and lead the AML, BSA, and Compliance teams, fostering a culture of risk awareness and accountability throughout the organization.
  • Direct, counsel, and manage compliance, ensuring that proposed and final federal and state regulatory changes are reviewed and analyzed to identify and assess the impact on our business practices and procedures.
  • Operate as a liaison with regulatory agencies and manage regulatory compliance examinations and audits.
  • Provide regular updates to the executive team and Board of Directors on our risk profile, emerging risks, and risk mitigation efforts.
Requirements:
  • 10+ years' experience overseeing risk management and/or compliance within the financial industry.
  • Bachelor's degree in Finance, Risk Management, or a related field.
  • Compliance/BSA/AML knowledge and leadership related to digital assets, money-service-businesses.
  • Previous experience in working with fintech, SMB-type clients with expertise in the Payments space, a plus.
  • Agility in standing-up sponsor-bank programs in conformance with laws and regulations while serving the needs of clients.
  • Creative problem-solver and executive leader versatile in interfacing with many constituents with competing priorities.
  • Understanding of risk management principles, regulatory requirements, and industry best practices within the banking sector.
  • Ability to identify, assess, and effectively mitigate risks, ensuring the stability and security of operations.

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