Position Summary: As a Financial Risk Consultant, you will be responsible for overseeing and challenging risks related to asset and liability management and more specifically earnings at risk due to changes in interest rates. Your expertise and analysis will contribute to maintaining a robust risk management framework and supporting strategic decision-making.

Key Responsibilities and Accountabilities:

• Monitoring financial risk management practices, ensuring compliance with regulatory requirements and internal policies.

• Conduct thorough assessments of asset and liability management risks, identifying potential vulnerabilities and documenting risk mitigation strategies

• Collaborate with counterparts across the organization, including Treasury, Finance, Risk and Compliance, to provide risk oversight and ensure alignment with risk management objectives.

• Stay updated with industry best practices, regulatory developments, and emerging risks in financial risk management.

• Possess and maintain a strong understanding of financial risks associated with interest rates, liquidity, earnings, and regulatory reporting. Identifies regulatory risk within the supported Business Unit, utilizing established risk tools and available regulatory guidance.

• Assists the supported Business Unit with identifying and managing risk within established processes and workflows.

• Analyzes findings from self-identified issues, internal monitoring/testing, or external audits/exams to determine root cause of identified issues. Gathers additional information or supporting documentation as needed. Summarizes findings and develops risk recommendations for the Business Unit.

• Communicates identified findings, root causes, and recommendations to the Business Unit. Assists the Business Unit in understanding the identified risk and associated regulatory rules and guidance.

• Adds and tracks identified findings within the IRM risk software. Monitors progress and resolutions with Business Unit and completes status updates within the IRM risk software for reporting purposes.

• Provides input around policies, procedures, and new product/service implementation to the supported Business Unit.

• Communicates regulatory changes and provides guidance for rule implementation needed.

• Identifies opportunities and takes action to build relationships between own area and other teams/departments to help achieve business goals.

• Assists in the enhancement and effectiveness of the Banks IRM activities and provides support to Risk department teammates.

• Comply with all applicable policies and procedures as well as governing laws and regulations. This includes but is not limited to:

• Performing all assigned duties under the Bank’s compliance programs and related laws and regulations.

• Successfully completing all mandatory compliance training as assigned in a timely manner.

• Assists leadership with projects or other assignments as needed.

• Embraces the Banks culture and maintains a proactive vs reactive mindset.

  Knowledge, Skills and Abilities:

• Proficient bank policies and standards.

• Strong understanding of public accounting principles and practices.

• Understanding of financial controls, testing, and monitoring,

• Knowledge of risk control tools and techniques including conducting risk assessments.

• Ability to explain and apply understanding of business risks and effective systems of internal controls.

• Expertise of bank regulatory compliance and risk management.

• Strong organization, problem solving, project and time management skills.

• Collaboration ability and excellent communication to convey complex auditing information and business risks to non-technical audiences.

• Proficient in Microsoft office suite, including Teams.

• Ability to effectively develop and manage Business Unit relationships with an energetic and enthusiastic approach.

• Ability to work with employees at all levels of the bank

  Education and Experience:

  Associates or Bachelors Degree in finance or a related field plus 3+ years of risk management, audit, or compliance experience or an equivalent combination of education and experience. CRCM preferred.

  Mental and Physical Effort:

  Decision making normally involves the ability to apply rules, regulations, policies and procedures to the work. Guidance and direction may be available. Sits or stands for long periods of time working at a computer and typing. Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation. Regularly required to accurately perceive, distinguish and interpret information received visually and through audio; e.g., words, numbers and other data broadcasted or viewed on a screen, as well as print and other media. Lifting or use of equipment of 1-5 pounds on a regular basis.

  Working Conditions:

  Works in an office environment or home office with minimal workplace hazards and low to moderate levels of noise. Works during the day and during the week and as a salaried position may require working outside of normal business hours as the workload necessitates. Travel to branches, other work sites, meetings, trainings or occasional conferences may be required.

Qualifications