Job Information
Enterprise Bank Risk Management Manager in Lowell, Massachusetts
Description
We are Hiring!
RISK MANAGEMENT MANAGER – LOWELL, MA
Enterprise Bank, is a growing and successful commercial bank where your talents will be recognized. Consistently being recognized both nationally and locally as a “Top Place to Work”, Enterprise Bank team members are as important to us as our core values. Join our dynamic team and experience a unique workplace culture where success is shared, and diversity is celebrated.
What You’ll Do:
ESSENTIAL FUNCTIONS & RESPONSIBILITIES:
Holds overall responsibility for the administration of the Bank’s automated ERM solution, including; creating user guides, setting parameters and definitions consistent with the Bank’s Risk Policy, educating users on the use of the program, and creating end-user reports.
Completes, or assists other departments with the completion of risk assessments relating to; products, projects, applications, processes or initiatives, and determines if the assessments are properly documented.
Develops the risk management budget and monitors budget-to-actual results throughout the year. Reports results to the Chief Risk Officer.
Responsible for the administration of the Bank’s Code of Business Conduct and Ethics, including tracking gifts received, annual training, and providing guidance to Team Members.
Working with Senior Management, develops and administers the Bank’s internal control framework over financial reporting and other internal controls. Reports quarterly to the CEO and CFO on the effectiveness of the controls.
Oversees the development and execution of the third-party risk management program. Reports to the Chief Risk Officer on the effectiveness of the program, the status of due diligence, critical vendors and vendor exceptions. Provides overall reporting to the Audit Committee. Duties will also include legal review of contracts and additional due diligence on critical vendors.
Manages the development and execution of the bank wide Business Continuity Program. Reports to the Chief Risk Officer on the effectiveness of the program, testing and training provided, and changes in the Plan. The Risk Management Manager plays a key role in identifying and responding to weather emergencies and interruptions in service.
Administers the Treasurer’s Check, wire and medallion guarantee authorization process; tracks authorized signers, recommends authorization dollar limits by reviewing loan, wire, and medallion guarantee authorization limits, prepares annual attestation letters, and trains authorized signers.
Administers the senior management policy review and approval process by ensuring that policies are updated and approved annually by the appropriate internal committee; adds and removes policies from the policy review matrix, as applicable.
Manages the Bank’s e-discovery solution for email, files, and other electronic data and pulls the data when subpoenaed to do so.
Provides responses to audit and examination findings related to risk management areas, and prepares and presents Board Committee reporting, as required.
Coordinates State and Federal safety and soundness examinations.
Performs all duties consistent with applicable Federal and State laws and regulations
Performs other related duties as assigned
Exceeds customer expectations by following the guidelines outlined in the Customer Experience Program
This position is Hybrid, or Onsite. Candidates from MA, NH, and ME only.
Requirements:
Bachelor’s degree (B.A.) in finance, accounting, or business administration from a four-year college or university;
Seven or more years of related experience;
Professional certification preferred (CPA, CIA); or
Equivalent combination of education and experience
Our DEI Value Statement: At Enterprise Bank, people and relationships come first. We encourage and foster a culture of diversity, equity, and inclusion, where everyone feels valued and respected. We are committed to a caring workplace that recognizes the importance of making a meaningful, positive difference in the lives of our team members, customers, and communities. Please click here (https://www.enterprisebanking.com/inclusion) to view our Inclusion website for more information and to learn more of our story and Core Values.
Benefits: We encourage every team member at Enterprise to lead a healthy and balanced life. We offer generous paid time-off programs, exceptional Tuition Assistance, College Loan Repayment, Wellness programs, Employee Resource Groups, opportunities to assist in your community as well as health, dental and life insurance coverage and a generous 401(k) match.
Enterprise Bank is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. EOE M/F/Disabled/Vet.
Qualifications
Behaviors
Preferred
Loyal: Shows firm and constant support to a cause
Team Player: Works well as a member of a group
Leader: Inspires teammates to follow them
Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
Dedicated: Devoted to a task or purpose with loyalty or integrity
Education
Required
- Bachelors or better in Finance
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)