Title: Vice President,Enterprise Risk ManagementJob Location: Livermore, CAHiring salary range: $214,700.00 - $250,000.00 annualFremont Bank founded in 1964, is one of the oldest independently owned banks in the Bay Area and is one of the top rated mid-tier banks in the nation.
Voted a Top Workplace for 2025 and for the past fifteen consecutive years, Fremont Bank has an immediate opening for a
Vice President, Enterprise Risk Management in Livermore, CA.Position OverviewThe
Vice President of Enterprise Risk Management (ERM) is responsible for leading the Bank's identification and awarenessof risk and improving the overall risk culture. The Vice President will manage the Bank'sERM Program while continuing to promote bank wide initiatives, including High Reliability Organization (HRO) and Doing It Right the First Time (DIRFT). The Vice President of ERM will report to thebank's EVP, Chief Risk Officer.
Role and Responsibilities- Lead the ERM Program by continuously assessing the Programs' effectiveness and making necessary improvements in support of the Bank's Strategic Plan whilst ensuring regulatory compliance.
- Experienced at balancing strategic thinking with tactical execution. Able to sort through ambiguously defined problems, identify big challenges, and develop a roadmap to address such challenges while adjusting to sudden and frequent changes.
- Establish policies and procedures, risk metrics, risk inventory management, risk reports and improvements in risk preparedness through effective communication, training and risk-based forecasting.
- Facilitate ERM Committees at both Senior Executives and Board of Director level meetings to ensure the Bank's risks are properly identified, measured, reported and mitigated.
- Report high-level risks to the Board of Directors and lead discussions to ensure awareness and proper monitoring.
- Relationship-builder at all levels of the enterprise, with proven ability to influence business level managers to improve risk management practices.
- Identify, monitor and investigate risks to the Bank, both internally and externally.
- Partner with Internal Audit and Compliance Departments to protect the Bank.
- Participate and actively contribute to various Bank committees at both Board and management levels, including GLBA, Strategic Planning, Audit and Compliance Committees.
- Improve the Bank's cultural of reliability by creating, promoting and educating all associates on HRO principles.
- Champion process improvement through promotion of DIRFT related principles, including controls identification, gap analysis and best practice sharing.
- Provide on demand risk management guidance to fellow associates
- Manage ERM Department, including development, managing workload, and performance management
- Continually monitor external risk landscape for potential new and emerging risks.
Minimum Qualifications- 15+ years of banking experience
- 10+ years of risk-related responsibilities, preference will be given to candidates with experience assessing and monitoring interest rate risk and credit risk.
- Demonstrated career progression
- Bachelor's degree in related field
- Strong leadership and people management
- Strong analytical skills
- Strong and effective verbal (including presenting) and written communication skills to bank professionals at all levels up to Board and Senior Executives.
- Ability to build consensus and relationships
- Strong organizational skills
- Self-motivated and ability to work autonomously
