Chief Risk Officer Job at Midstates Executive Solutions, Minneapolis, MN

QnppWVl3ZmNIc09MYWxFUVpOR0F6L3FnNmc9PQ==
  • Midstates Executive Solutions
  • Minneapolis, MN

Job Description

Position Summary/Purpose:

This Chief Risk Officer/EVP is responsible to lead and oversee the Banks risk management function. This executive-level

role has overall accountability for safeguarding the Banks operations, reputation, and regulatory standing by developing

and executing a comprehensive risk strategy, establishing controls, and auditing and reporting on the principal areas of

risk in the company. The CRO will oversee key risk functions including regulatory compliance, anti-money laundering

(AML), vendor risk management, and information security, data security, BSA, Credit Review, IRR and all operational and

internal audit risks. This leadership position in conjunction with executive management will design policies and

frameworks to protect the organization from emerging risks as well as meet all regulatory requirements of the Bank.

Duties and Responsibilities:

1. Develop and execute a comprehensive risk management framework aligned with the Banks strategic goals and

risk appetite.

2. Develop structured processes to identify, assess and manage risks across the organization.

3. Identify and advise executive leadership and the audit committee on emerging risks and mitigation strategies.

4. Communicate key risk areas and mitigation plans to leadership and regulatory authorities.

5. Ensure the Bank is in compliance with all applicable federal and state banking regulations; and continuously

enhance compliance policies and procedures.

6. Oversee the BSA/AML program, including transaction monitoring, suspicious activity reporting, and customer

due diligence, with enhanced controls tailored to the Banks risk tolerance.

7. Provide strategic oversight of the Banks information security programs in collaboration with the Chief

Information Officer, IT department and Chief Security Officer.

8. Oversee cross-functional risk management teams spanning internal audit, compliance, security, Community

Reinvestment Act and fraud.

9. Promote a culture of risk awareness across all levels of the organization, ensuring risk considerations are

embedded into daily operations and decision-making.

10. Contribute to strategic planning for the risk function, represent the Bank before legislative and state entities,

and oversee the preparation of materials for all audit and regulatory requirements.

11. Serve as a member of the Executive leadership team, Funds Management Committee, Technology Steering

Committee and Audit Committee, sharing functional expertise and guidance on decision-making issues affecting

the bank.

12. Promote organization-wide understanding of risks and risk management strategies.

13. Performs other duties as assigned

Job Tags

Similar Jobs

Cambridge Security Services

Armed Security Officer Job at Cambridge Security Services

**Join Our Elite Team as a Security Officer with Cambridge Security Services** Are you ready to take your career in security to the next level? Become part of the team at Cambridge Security Services, Florida's most respected security firm. We protect some of the... 

Senior Lifestyle

Certified Medication Aide Assisted Living (AL)Caregiver Job at Senior Lifestyle

 ...Responsible for supervision of self-administered medication for the Assisted Living Department in compliance with Federal & State regulations and Senior Lifestyle Corporation guidelines as directed by the LPN/LVN/RN and/or the Assisted Living Director/Health and Wellness... 

TREO Staffing

Pipe Welders Job at TREO Staffing

 ...Join TREO Staffing LLC as a Full-Time Pipe Welder and immerse yourself in an exciting and rewarding career in Harvey LA. This onsite position allows you to work on diverse projects enhancing your skills in a professional and traditional work environment. The role offers... 

Little ViP Preschool and Childcare

Early Childhood Teacher Job at Little ViP Preschool and Childcare

 ...Summary We are looking for a compassionate, patient Early Childhood teacher to join our facility and help us provide a safe "home-...  ...resolve parent concerns. Duties *Coordinate and implement educational curriculum by developing classroom activities based on developmentally... 

Performance Academies

School Psychologist-AkroTech Job at Performance Academies

 ...Approved by Human Resources Effective date 5/14/2025 Job Purpose The School Psychologist provides comprehensive psychological services to support students' academic, social, emotional, and behavioral development. They work collaboratively with educators,...