American Bank of Commerce · 2 days ago
Bank Risk Manager
Wolfforth, TX
Full-time
Onsite
Entry, Mid Level
2+ years expAmerican Bank of Commerce is a family-owned community bank seeking a Bank Risk Manager to lead risk assessments and champion fraud prevention. The role involves overseeing risk inventories, ensuring compliance, and supervising the fraud department to enhance risk management practices.
AccountingBankingFinanceFinancial ServicesInsurance
Responsibilities
Risk Assessments: Lead the execution of comprehensive risk assessments throughout all business units, identifying potential risks and evaluating their impact on the organization
Management of Risk Inventories: Develop and maintain detailed key risk indicators that document existing risks, mitigation strategies (controls), and their effectiveness
Data Analysis and Reporting: Analyze risk and fraud-related data to identify trends and patterns, providing insights and recommendations for enhanced risk management practices to senior management
Collaboration and Coordination: Collaborate closely with compliance, audit, and operational teams to foster a holistic risk management approach and ensure that all aspects of risk are appropriately addressed
Regulatory Compliance: Remain informed about changes in regulations and industry best practices to ensure the organization maintains compliance and adapts to emerging risks and threats
Validation of Reporting: Oversee the accuracy and reliability of independent validation processes, in accordance with regulatory and internal requirements for system and customer record changes
Leadership of the Fraud Department: Directly supervise the fraud department manager, provide guidance for the identification, investigation, and resolution of fraudulent activities, and the implementation of preventive measures
Continuous Improvement: Monitor and refine risk assessment and fraud management processes to ensure that they remain effective and efficient in a changing environment
Qualification
Required
A Bachelor's degree in Finance, Risk Management, Business Administration, or a related field; or relevant professional certifications (e.g., Certified Risk Management Professional, etc.)
A minimum of [2] years of experience in risk management (credit, operational, financial, etc.) within a financial institution
A strong understanding of risk management principles, regulatory requirements, and fraud prevention techniques
Excellent analytical skills with the ability to assess complex data and derive actionable insights
Strong leadership and communication skills, with the capacity to present findings and recommendations to various stakeholders effectively
Proficient organizational and project management abilities, with attention to detail and a commitment to accuracy
Familiarity with risk management software and tools, as well as proficiency in the Microsoft Office Suite
Benefits
Medical, Dental, Vision, Telemedicine
Paid Time off, Paid Volunteer Time, and Paid Holidays
Flexible Spending Account, Dependent Care FSA
Basic Life and AD&D Insurance, Voluntary Life and AD&D
Long-Term Disability
401k and Employee Stock Ownership (KSOP) Retirement Plan
Recruiting Referral Bonus
Lifestyle Spending Account Program
Company
American Bank of Commerce
American Bank of Commerce offers its users with personal and commercial banking services in the U.S.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Powell Thompson
CEO
Company data provided by crunchbase