Senior Financial Risk Manager

Summary

Join Emigrant Savings Bank as a Senior Financial Risk Manager and play a pivotal role in enhancing the Enterprise Risk Management (ERM) function. Reporting to the Chief Risk Officer, you will contribute to establishing various risk management programs, focusing on credit administration and other financial risks. This remote/hybrid position (NYC or Miami) requires a strong understanding of credit risk, regulatory compliance, and financial risk management principles. You will conduct risk assessments, develop reporting, and collaborate with business units. The ideal candidate possesses extensive experience in financial institutions, strong analytical skills, and excellent communication abilities.

Requirements

• Ten+ years relevant experience with banks or other financial institutions, ideally in a credit risk function
• Formal credit training
• Thorough knowledge of the laws and regulations from regulatory agencies, and solid understanding of internal controls
• Bachelor’s degree in a relevant discipline required

Responsibilities

• Conduct periodic credit risk assessment and monitor credit performance associated with FinTech charge card programs
• Conduct periodic counterparty risk assessment of FinTech partners
• Assist in designing key risk indicator (KRI) framework along with the calibration of thresholds across financial risk dimensions (credit, liquidity, IRR and market risk)
• Develop and maintain enterprise credit risk summaries and reporting
• Review and challenge assumptions and results of annual credit and liquidity stress tests
• Review and challenge valuations of certain investments
• Assist in formation of risk appetite statements and monitoring of compliance
• Maintain excellent relationships with Business Heads to understand risks pertinent to the unit and its control environment
• Comply with all safety policies, practices and procedures. Report all unsafe activities to supervisor and/or Human Resources
• Participate in proactive team efforts to achieve departmental and company goals
• Perform other duties as assigned
• Provide leadership to others through example and sharing of knowledge/skill
• Receive very general guidance with respect to overall objectives; work is usually quite independent of others; operate within specific policy guidelines
• Prioritize, and organize assignments
• Handle multiple tasks simultaneously

Preferred Qualifications

• Advanced degree preferred
• Professional certifications in risk management, audit, project management or investment management highly appreciated
• Superior verbal and written communication skills
• Entrepreneurial spirit and attitude necessary to establish and maintain positive working relationships with all management and personnel
• Ability to communicate complex concepts with a diverse audience
• Superior Microsoft Office skills required, with particular emphasis on outstanding PowerPoint presentation and Excel skills
• Strong organizational and project management skills needed to handle the coordination of multiple priorities
• Independent judgment with strong analytical and risk assessment skills
• A wide degree of creativity and latitude