VP/Risk Analytics Manager

Bell's Values:

As stewards, dedicated to the growth and reputation of this independently owned organization, we are committed to:

• Promoting and sustaining our family atmosphere.
• Providing unequaled personal service to each and every customer.
• “Paying it forward” by giving back to the communities we serve.

Our Bottom Line:

Happy Employees! Happy Customers!

Job Summary:

The Risk Analytics Manager is responsible for conducting in-depth analysis and validation of models used across the bank in compliance with the bank's model risk management framework, supporting the developing the bank's data governance program, and building and enhancing accurate risk reporting (including Key Risk Indicators/Key Performance Indicators).

Primary Duties:

• Model Risk Management
• Collaborate with stakeholders, including model developers and business owners, to ensure models adhere to best practices, governance standards, and regulatory requirements.
• Lead/participate in the ongoing monitoring and maintenance of models, ensuring they remain current and relevant to evolving business needs.
• Model Validation and Review
• Lead/participate in the validation process for various models used in risk management, pricing, liquidity, credit underwriting, stress testing, and other critical areas.
• Evaluate model assumptions, methodologies, and data sources to ensure compliance with internal policies and regulatory standards.
• Assesses model risk through pre-implementation validations, periodic validations and monitoring activities that independently challenge conceptual design/methodology, reference data, processes, and performance.
• Risk Reporting
• Lead/participate in the development and implementation of risk reporting frameworks and processes, including Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs).
• Collaborate with business units and risk functions to identify relevant risk metrics and design effective reporting dashboards.
• Provide regular reports and insights to senior management and key stakeholders, enabling informed decision-making and risk mitigation strategies.
• Data Governance
• Establish and maintain data governance policies and procedures to ensure the integrity, security, and quality of data used in risk analytics.
• Partner with data management teams to establish data standards, data lineage, and data controls to mitigate data-related risks.
• Stay updated with regulatory changes related to model risk management and ensure the bank's practices remain in compliance with applicable laws and guidelines.
• Foster a collaborative and innovative work environment, promoting continuous learning and professional growth.
• Set clear performance goals and provide regular feedback to team members to ensure they achieve their full potential.
• Know by name and face as many customers and employees as possible, calling them by name as often as possible.
• Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
• Know, understand, and live the company values and bottom line.
• Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable State and Federal laws and regulations.
• All employees are responsible for information security including compliance with policies and standards which protect sensitive information.
• Work flexible hours to support the needs of the company, to include after hours and weekends, as needed.
• Overnight travel may be required for training or site visits.
• Perform other duties as assigned.

Job Skills Required:

• Bachelor's degree in finance, economics, mathematics, statistics, or a related field.
• Advanced degree (Master's or Ph.D.) in a quantitative discipline is preferred.
• Minimum of 7 years of relevant experience in model risk management, quantitative finance, risk reporting, or a similar role within the banking or financial services industry.
• Strong knowledge of bank regulations.
• Strong organizational skills.
• Strong analytical and written and verbal communications skills.
• Detail oriented and able to complete and prioritize tasks with minimal supervision.
• Ability to work independently and as a member of a team.
• Strong problem-solving and research skills.
• Ability to collaborate effectively with cross-functional teams and manage multiple projects simultaneously.

Physical Requirements:

While performing the duties of this job, the employee is required to communicate effectively with others. The employee must be able to use a keyboard, mouse, telephone, and other office equipment. The employee is frequently required to walk, sit, and to reach with hands and arms. The employee must be able to review detailed documents and read computer screens.

Lifting Requirements:

• Sedentary work - Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Roles are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.