Commercial Bank of California · 4 months ago
VP/Enterprise Risk Manager
California, CA, US
Full-time
Hybrid
Mid, Senior Level, Lead/Staff
$120K/yr - $150K/yr
10+ years expCommercial Bank of California (CBC) is the largest Latino-owned bank in California, focused on empowering entrepreneurs and advancing financial inclusion. The VP/Enterprise Risk Manager is responsible for directing and developing the company's Enterprise Risk Management programs, working closely with leadership to identify and mitigate organizational risks.
BankingFinancial ServicesInsurance
Responsibilities
Champion and implement the Bank’s ERM framework in alignment with the EVP’s vision, driving a comprehensive, enterprise-wide risk management program
Lead the development and integration of ERM tools, practices, and policies to support risk analysis, reporting, and data management across the organization
Consolidate and streamline risk documentation, assessments, and metric reporting to enhance risk visibility and control
Monitor key performance indicators and collaborate with management to identify emerging risks early
Partner with business units to conduct risk assessments for new products and services, ensuring alignment with regulatory requirements and industry best practices
Direct the completion of annual enterprise-wide risk assessments in accordance with regulatory expectations
Serve as a member of the Executive Leadership Team, contributing strategic insights and driving initiatives that enhance member value
Prepare and deliver risk reporting presentations to executive management, risk committees, and support CRO reporting to the Audit Committee and Board of Directors
Communicate complex risk concepts clearly and effectively through written reports, presentations, and stakeholder engagement
Independently review and approve models and User-Defined Applications (UDAs) for use in Bank operations, ensuring alignment with strategic and regulatory objectives
Manage model risk governance policies and audits, including the development and maintenance of model-related standards and documentation
Lead the design and implementation of a best-in-class model risk governance framework across the Bank
Provide regular reporting to senior management and Board committees on model risk matters
Serve as the primary liaison for regulatory interactions related to model governance
Maintain a comprehensive model inventory and ensure ongoing compliance with evolving regulatory requirements
Serve as a backup for Vendor Management activities as needed, maintaining a thorough understanding of the Vendor Management Program and associated risks
Ensure vendor relationships are managed within acceptable risk tolerances and in accordance with Bank policies
Perform other related responsibilities as assigned to support the Bank’s risk and compliance objectives
Qualification
Required
Bachelor's degree in risk management, Business Administration, or a related field
10+ years of experience in risk management, audit and banking
Minimum of five (5) years supervisory experience
Strong underlying knowledge of regulatory frameworks within federally insured depository institutions
Strong interpersonal, oral and written communication skills
Ability to partner with business owners as a risk and compliance subject matter expert for their business cases and/or other project related matters to Senior Management
Preferred
Advanced degrees (e.g. MBA)
Job-related certifications
Benefits
Competitive employer contribution to medical, dental and vision coverage
401k plan with employer match
Flexible Spending Accounts (FSA) and Dependent Care Accounts
Employee Assistance Program (EAP)
Employer provided Calm subscription
Employer provided mental health benefits through Teladoc
Life, AD&D and disability insurance
Minimum 15 Days of Vacation, 11 Paid Federal Holidays, Paid Time off to Volunteer
Online discount program
Tuition Reimbursement Program
Company
Commercial Bank of California
Commercial Bank of California is a full-service bank that offers traditional deposit, online and lending services. It is a sub-organization of CBC Bank.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Ash Patel
President & CEO
Recent News
2025-08-07
2025-06-23
2025-04-26
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