Director of Enterprise Risk Mgmt-Harrisburg, PA/Mount Laurel, NJ

Position Overview

The Director of Enterprise Risk is responsible for supporting the Chief Risk Officer in all matters regarding the management and evolution of the Company's Second Line of Defense Enterprise Risk Management function. Areas of oversight include, but are not limited to: the development, execution and maintenance related to Enterprise Risk Management (ERM), Third Party Risk Management (TPRM), New Products and Services, Change Management and Model Risk Management Program(s), the Enterprise Risk Management Framework, Risk Policies, Governance, Risk Appetite and Management Projects. In addition, this position will provide insight and guidance to all Second Line functions will track/manage enterprise risk related initiatives including regulatory and audit/risk related issues management. The Director ERM will also serve as backup for the CRO, as called upon by Executive Management, when the CRO is unavailable.

Essential Duties and Responsibilities

• Manages daily functions of Enterprise Risk Management including staffing, performance management, problem resolution and other managerial functions customary to the Company's goals, practices and culture.
• Oversees the development and continued evolution of the Company's Enterprise Risk Management Program and associated processes, including the advancement of policies and procedures for risk identification/risk assessment, reporting and mitigation or acceptance.
• Presents to committees of Management and the Board of Directors as necessary regarding matters of risk identification, assessment, reporting, mitigation or acceptance.
• Drives and participates in continual improvement projects across various second line of defense workstreams to meet regulatory and management expectations.
• Trains, mentors and develops Enterprise Risk Management staff. Reviews (as appropriate) work prepared by staff ensuring quality and compliance with the Enterprise Risk Management Program.
• Remains current with industry topics including elements relating to accounting, auditing, compliance, regulation, operations, best practices, and emerging risks.
• Assists the Chief Risk Officer with implementing strategies and processes of limiting risk through appropriate risk identification, measurement, and control.
• Ensures compliance with the Company's Enterprise Risk Management Program
• Supports supervisory examination requests and responses to applicable enterprise risk regulatory examination requests.
• Provides review and comments on applicable regulatory submissions to ensure proper alignment with supervisory expectations.
• Oversees the Company's risk structure and governance.
• Oversees the Company's Model Risk governance processes.
• Assists the Chief Risk Officer to identify, measure, control, and monitor financial and operating risks through the compiling of information for quarterly meetings of the Management Risk Committee, and management of any Enterprise Risk Management systems used by the company.
• Oversees the development and update of the Company's Risk Appetite Statement (RAS) at least annually for Board of Directors approval. Ensure alignment of Risk Appetite Statement and Strategy. Develop processes to monitor and report alignment with the Risk Appetite Statement and mitigating activities by risk owners.

Education & Qualifications

• Bachelor's Degree in Finance, Business, Economics or related fieldrequired.
• Advanced degree or professional certifications in audit, risk, compliance, and/or credit/accounting preferred.
• Minimum of 10 years of Risk Management, Bank Regulatory, Policy Development, or Internal Audit including SOX Testing and Control Implementation. A combination of experience within these sectors will also be considered.

Skill(s)

Proficient reading, writing, grammar, and mathematics skills; proficient interpersonal relations, communicative, and presentation skills; proficient customer service orientation and ability to work with all levels of staff; strong organizational, analytical, and problem solving skills; basic knowledge of regulatory requirements related to financial services at the state and federal level; ability to proficiently use current technology and software applications related to the position; ability to analyze and interpret basic to moderately complex sets of data; ability to sit, stand, walk, bend, stoop, reach with hands or arms, use hands to manipulate objects, handle or feel, and lift items weighing 20 lbs. or less; visual, auditory and speaking skills; valid driver's license is required.

Pay Transparency

We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate's knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location. The annual salary for this position is $139,614 - 200,000.

Benefits

Mid Penn Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account, dental and vision insurance; life insurance; 401(k) program with employer match and employee stock purchase plan; paid time off, paid holidays; disability insurance coverage, parental leave; employee assistance program, and tuition reimbursement.

In addition, all employees are eligible to participate in mentorship programs, receive individualized development and career counseling, and participate in Mid Penn University courses and development programs.