ERM Risk Manager I

$98,408 - $123,010/Yr

Coastal Community Bank - Everett, WA

Full-time - Mid Level

Remote - Everett, WA

Credit Intermediation and Related Activities

About the position

As an ERM Risk Manager I at Coastal Community Bank, you will play a crucial role in the enterprise risk management framework by assisting in the creation of risk standards, conducting comprehensive risk assessments, and collaborating with various business units. This position is essential for identifying, evaluating, and mitigating risks to ensure the organization's risk management practices are robust and effective.

Responsibilities

• Conduct detailed risk assessments to identify potential risks and vulnerabilities within the organization.
• Work closely with first line business units to support and guide them through the risk and control self-assessment (RCSA) process.
• Identify emerging risks and trends that could impact the organization and develop strategies to mitigate these risks.
• Evaluate the effectiveness of existing controls and recommend enhancements where necessary.
• Provide effective challenge over First Line activities including risk assessment, control design, control effectiveness, strategic assumptions, risk analysis, and conclusions made during risk activities.
• Prepare and present risk reports, including visuals and dashboards, to senior management and relevant stakeholders.
• Provide training and support to First Line business units on risk management practices including RCSA process and other risk programs.
• Assist in the development and implementation of risk management policies and standards.
• Evolve workflow processes, develop job aids, deliver training and consultation as needed to improve process effectiveness and efficiency.
• Assist in the evaluation of, and consult on the remediation of, risk deficiencies and risk events including root cause analysis and process improvement recommendations; follow escalation protocol when required.
• Maintain compliance with all regulatory requirements.
• Develop and train FLOD and SLOD staff in Risk Assessment processes. Oversee successful execution of critical risk assessment work streams.

Requirements

• Bachelor's degree in Risk Management, Finance, Business Administration, or a related field and/or equivalent experience.
• Minimum of 5 years of experience in enterprise risk management, compliance, finance, or audit, preferably within a financial services or corporate environment.
• 1-3 years of supervisory, leadership or management experience.
• Strong analytical skills to identify potential risks from data provided.
• Ability to make informed decisions quickly, often under pressure, to mitigate risks effectively.
• Excellent communication and interpersonal skills across the company and various levels of management.
• Ability to work collaboratively with various business units.
• Ability to manage multiple tasks/projects and deadlines simultaneously.
• Ability to work independently and with a team.
• Proficiency with Microsoft Office suite of products to include Outlook, Excel, Word.

Nice-to-haves

• A relevant certification (e.g., CERP, CRMA, CISA) is a plus.
• Experience in technology, information security and/or data risk management field preferred.
• Fintech experience preferred.

Benefits

• Competitive salary range of $98,408.26 - $123,010.33 annually.
• Full-time remote work opportunity.
• Opportunities for professional development and training.