Cathay Bank · 3 hours ago
VP, Risk Appetite & Reporting Manager
El Monte, CA
Full-time
Onsite
Mid, Senior Level
$136K/yr - $150K/yr
5+ years expCathay Bank is a financial institution that values its team members and aims to foster growth and development. The VP, Risk Appetite & Reporting Manager will lead the design and execution of the Bank’s risk appetite program and enterprise-level risk reporting, ensuring effective risk management across the organization.
BankingFinanceFinancial Services
Responsibilities
Responsible for executing Risk Appetite across the Bank, guiding Risk Appetite Metric (RAM) and Key Risk Indicator (KRI) development, implementation, and reporting
Establish and maintain processes for Risk Appetite monitoring and escalation, leveraging appropriate systems and tools
Develop, manage, and enhance relevant policies and procedures in alignment with the Bank’s Risk Management Framework and Risk Appetite Statement
Own and enhance enterprise-level risk reporting to risk committees and develop and maintain board-level reports, analytics, and trends
Design comprehensive risk dashboards, heatmaps, and narrative analyses that provide actionable insights and reflect the Bank’s risk profile
Ensure reporting is forward-looking, risk-based, and connected to risk profile, strategic objectives, and Risk Appetite Metrics
Lead efforts to enhance automation and data quality in risk reporting through collaboration with the ERM GRC Integration team
Maintain Risk Appetite and Reporting that reflect regulatory guidance and industry best practices
Provide meaningful advice and solutions to the business on how to effectively operationalize Risk Appetite
Develop and enhance the Bank-wide Risk Identification program and effectively integrate the output into actionable decisions
Interface with functional and department leaders, providing clear direction on Bank-wide risk assessment processes, to include Risk ID
Communicate across all levels of the organization and produce comprehensive executive-level risk reports
Develop and lead training specific to main areas of focus, such as Risk Appetite, Risk ID, and the processes outlined in respective policies
Manages and provides guidance to the team including writing annual performance evaluations and providing balanced feedback. Hosts regular 1:1s to support their development and team meetings
Qualification
Required
Bachelor's or Master's degree in Finance, Business Administration, Risk Management, or related field
5 - 7 years of relevant Financial Sector experience with particular focus in Risk Management, preferably in mid to large size U.S. banking institutions
At least three years of experience in management
Experience with risk management programs, particularly in areas such as risk assessments, risk appetite and reporting, and general risk management
Knowledge of banking regulations and branch operations
Understanding of how banks function and the top risks that can directly impact bank operations, to include experience working with and developing bank risk taxonomies
Experience designing and developing risk reports for risk committees and the Board
Proven leadership with a strong focus on execution
Proven record of delivering high quality results within strict deadlines
Self-motivated with an analytical mindset and a drive to develop new programs
Strategic thinking and the ability to convert plans into action
Strong ability to operate in an environment of change
Strong interpersonal skills
Ability to present complex information clearly and concisely to diverse audiences
Ability to build and expand trusting relationships and partnerships
Ability to lead a small, high-performance team
Excellent verbal and written communication skills; ability to synthesize and present complex information clearly
Proficiency in Microsoft Office suite – Word, Excel, Outlook, SharePoint, Teams
Benefits
Coverage for medical insurance
Dental insurance
Vision insurance
Life insurance
Long-term disability insurance
Flexible spending accounts (FSAs)
Health saving account (HSA) with company contributions
Voluntary coverages
401(k)
Company
Cathay Bank
Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.
1001-5000 employees
H1B Sponsorship
Cathay Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (1)
Funding
Current Stage
Late StageLeadership Team
Chang Liu
President & Chief Operating Officer
Bob Romero
SVP/CIO
Recent News
Morningstar.com
2025-11-10
The Real Deal
2025-10-26
Company data provided by crunchbase