Senior Enterprise Risk Management Advisor

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Job description

About Working at Commerce

Wouldn't it be great to build your career at a bank that's known for helping people with their financial challenges? That's exactly what you'd be doing when you join the team at Commerce Bank. We're looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You'd be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions.

No wonder we've been an industry leader for over 150 years and have developed a reputation as a great place to work in the financial services world. If you'd like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We're always looking for the best and brightest.

About This Job

As a Senior Enterprise Risk Management Advisor, the main purpose of this job is to support the Enterprise Risk Management team with the development and execution of the Commerce Bancshares ERM program, including: identification, evaluation, mitigation, monitoring and reporting on the Company's risks; performing and facilitating risk assessments and using the assessment outputs to understand and advise on the relationship of risks across the Company; and assisting first line of defense leadership in prioritizing risk management efforts.

Essential Functions

• Represent the second line of defense, promote a risk aware culture and advise on a variety of corporate and department initiatives

• Advise on and support risk management activities in the first line of defense, serve as second line of defense liaison with lines of business and corporate functions

• Advise on and facilitate ERM risk assessment processes, analysis and reporting

• Coordinate, update and provide executive and board reporting on top risks and corporate level key risk indicators

• Work with other second-line of defense departments to develop and maintain an integrated risk and control assessment and reporting program

• Assist with updates to the Company's risk appetite statement

• Produce executive and board level reporting on supervisory activities

• Develop and implement a program to identify, assess, monitor and report on emerging industry and Company risks and their potential impacts

• Promote an effective program monitoring, evaluating, prioritizing mitigation efforts and reporting on activities to address regulatory and second and third line of defense issues and findings

• Lead and conduct specialty risk assessments

• Understand and support, on an as-needed basis, risk analysis and reporting tools and programs

• Keep abreast of risk management related regulations, guidance and industry developments

• Develop and maintain ongoing relationships with Company business and support unit partners

• Perform other duties as assigned

Knowledge Skills & Abilities Required

• Familiarity with and ability to interpret and apply regulatory requirements to Company functions

• Well-developed knowledge of risk management-related financial institution regulations and guidance

• Strong knowledge of risk identification, assessment and management frameworks

• Strong knowledge of control frameworks and the ability to design and evaluate effectiveness of controls embedded within business processes

• Previous direct and cross-functional team leadership or project management skills preferred

• Strong strategic and critical thinking skills

• Ability to independently identify, prioritize, monitor, communicate and/or resolve issues

• Willingness to lead and facilitate risk discussions and participate in critical conversations with both management and individual contributors

• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

• Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills

• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

• Advanced proficiency in a variety of standard and risk reporting software tools including Microsoft Word, Excel ,Outlook, Power Point, Visio, PowerBI and experience with Governance, Risk & Compliance systems/software

Education & Experience

• Bachelor's degree in Accounting, Finance or Business or equivalent combination of education and experience required

• 6+ years of risk management, legal, internal audit or compliance experience or equivalent technical knowledge

• 4 years of well-rounded and progressive banking or financial institution experience

• CPA, CERP (Certified Enterprise Risk Professional), Certified Bank Auditor, Certified Regulatory Compliance Manager (CRCM) preferred

Location: 922 Walnut St, Kansas City, Missouri 64106

Time Type:

Full time