What are the responsibilities and job description for the Chief Risk Officer (Commercial Bank) position at Social Capital Resources?
Commercial Bank in Midtown, Manhattan is seeking a Chief Risk Officer!
Responsibilities :
- Responsible for leading corporate strategic and tactical legal and risk initiatives.
- Oversees and directs Risk Management, Compliance, Bank Secrecy Act, Vendor Management and Security business units and all related management reporting.
- Work directly with Current's bank partners on BSA / AML / OFAC matters
- Assumes ultimate responsibility for ensuring that the company conducts its business risk and
- compliance with applicable SEC, OCC et al. laws and regulations.
- Structures and manages the company’s internal compliance, BSA, Vendor Management and
- Security functions and staff.
- Conduct product and program risk assessments to identify and mitigate BSA / AML / OFAC risks
- Build and maintain an effective CDD / EDD risk rating and monitoring program to include initial and ongoing assessments and review and analysis of unusual / suspicious account activity
- Support our ongoing promotion of a strong culture of compliance
Qualifications :
