Executive Director- Enterprise Risk Programs (Remote)

ABOUT THE ORGANIZATION

SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals.

The anticipated salary range for this role is between $200,000.00 and $255,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers.
To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank.

Specialties:

Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services

JOB SUMMARY:

The SMBC MANUBANK Board of Directors and Senior Management are the key decision makers that drive the strategic direction of the bank. The 2nd Line of Defense (“2LoD”) Enterprise Risk Management (“ERM”) team is responsible for overseeing Strategic Risk at MANUBANK: and it does so by establishing and maintaining a robust Risk Governance Framework (“RGF”). MANUBANK’s RGF is the foundation of all risk governance and risk management activities that occur within the bank, to promote the safety and soundness of the organization.  

This individual will be responsible for owning and executing core ERM programs and activities that support the RGF across MANUBANK’s two business units: the commercial bank and the digital bank. The candidate will promote visibility and communication of MANUBANK’s risk profile to the Board and Senior Management, by leading the execution of key programs including risk appetite, top-down enterprise risk assessment, and stakeholder communications. Key responsibilities include:  

PRINCIPAL DUTIES & QUALIFICATIONS:

Stakeholder Communications and Reporting: 

• Coordinate across the various 2nd Line of Defense Risk Vertical teams within the Chief Risk Office to ensure appropriate engagement and ongoing oversight of core ERM programs (risk appetite, risk assessment, committee reporting).  
• Tracking, Monitoring, and Communicating progress against “March to $10Billion” assessment objectives to Senior Management and other key stakeholders. 
• Review existing committee reporting content to identify and recommend content enhancements to focus on key messaging, watch and action items, follow up from previous committee meetings, etc. – with the appropriate level of detail based on the committee audience.  
• Manage the development and compilation of Enterprise Risk Management Committee (“ERMC”) reporting and Directors’ Risk Committee (“DRC”) reporting; under the Direction of the CRO and Head of ERM: 
  • Publish annual calendar, timeline, and expectations 
  • Establish quarterly agenda including approval and discussion items  
  • Coordinate requests from various input providers 
  • Act as a “quality control” point for all materials that are submitted to ERMC and DRC. 
• Enhance committee reporting by engaging with other ERM leads to develop key risk indicators (“KRIs”) and key performance indicators (“KPIs”) for all strategic risk areas and programs overseen by ERM, including Risk Appetite, QRM, Policy Governance, New Activities, Business Change Management, Issue Management, Regulatory Exam Management.  
• Spearhead content development and compilation of other stakeholder reporting requests (e.g., SMBC Group AD, Tokyo Head Office, etc.) under the direction of the Chief Risk Officer and Head of ERM. 

Risk Appetite Program Execution:  

• Evaluate opportunities for program and process enhancement based on MANUBANK CRO, Head of ERM, and parent company stakeholders. 
• Develop and maintain program documentation for transparency and accountability 
• Manage ongoing calendar, timeline, and stakeholder engagement 
• Lead communications and program meetings (e.g., Annual Training, Review and Challenge sessions, Quarterly Metric Mon