**Essential Duties and Responsibilities** · Establishes and oversees the implementation of a risk management framework for the business unit, to include defining the business appetite for risk taking and establish appropriate controls. · Conducts and presents regular risk reviews in order to provide an independent perspective of the business and to keep pace with the changing business environment. + Continuously monitors and analyzes the businesses risk profile and tolerance to include daily risk monitoring across all relevant risk stripes including market, credit, liquidity and operational risks. · Identifies emerging risks and advises on risk mitigation strategies. · Leads the development and implementation of risk assessment and quantification models needed to risk manage the business · Oversees and evolves risk reporting processes to enhance the accuracy and effectiveness of risk information. · Ensures the business risk management practices comply with regulatory requirements and industry best practices. Also, engages with regulators to provide essential risk context. · Reports risk-related data including risk exposure, compliance to risk policies, and effectiveness of current risk management strategies to the Board of Directors, senior management and various risk committees. · Collaborates with the business and other key stakeholders to evaluate the risk associated with potential mergers and acquisitions, new product offerings, and other initiatives. · Performs other duties and responsibilities as assigned. **Qualifications:** **Knowledge, Skills, and Abilities** **Knowledge of:** · Advanced knowledge of risks and regulations in all aspects of the Private Client and Asset Management · Risk assessment methodologies. · Risk governance structure and design. · Risk policy and procedures. · Infrastructure design, risk controls and segregation of duties. · Relevant risk based regulatory schemes including Basel I and Basel II and current rules under review. · Sarbanes Oxley regulations. · Software development processes. · ISDA/CSA, and MBA documentation with the ability to provide advice on such documentation negotiation from the credit perspective. · Securities/Private Client and Asset Management products and an understanding of the market standard risk management practices. **Skill in:** · Risk operations, work processes, internal controls and banking regulations. · Excellent communication skills to clearly articulate matters while working with internal and external clients. · Planning and scheduling work to meet regulatory organizational and regulatory requirements. · Identifying and applying appropriate monitoring procedures. · Preparing oral and/or written reports. · Making rule-based and analytical decisions. · Project management skills and with experience to successfully complete long- and short-term projects. · Analytical thinking with demonstrated experience identifying and quantifying complex problems and providing effective resolutions. **Ability to:** · Author policies, procedures, and prepare risk reports for the Executive Committee, Board of Directors, and regulatory agencies as required. · Read, analyze, and interpret complex documents. · Respond effectively to the most sensitive inquiries or complaints. · Deliver persuasive speeches and presentations on controversial or complex topics to top management, public groups, and the Board of Directors. · Apply mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. · Apply concepts such as fractions, percentages, ratios, and proportions to practical situations. · Define problems, collect data, establish facts, and draw valid conclusions. · Effectively communicate verbally and in writing with management, customers, vendors and staff. · Perform human resource management activities. · Plan, assign, monitor, review, evaluate and lead the work of others. · Coach and mentor others. **Educational/Previous Experience Requirements** **Education/Previous Experience:** · Bachelor’s Degree (B.A.), preferably in Mathematics, with a minimum of fifteen (15) years of financial services experience required. · OR ~ · Any equivalent combination of experience, education, and/or training approved by Human Resources. **Licenses/Certifications** • None required.