Compliance and Risk Manager

Yampa Valley Bank (YVB) is a full-service commercial bank that has been providing Genuine Hometown Banking for over two decades. As the only locally owned bank in the Yampa Valley, we bring value to our banking relationships by providing local decisions, local ownership and local investment to our communities. YVB is proud to power our communities by enabling our customers to succeed.

Yampa Valley Bank's Compliance & Risk Manager will perform a key risk management role to help ensure that Bank initiatives and business processes comply with applicable Federal and State banking laws and regulations. This position has the resources and executive level commitment to establish and maintain compliance excellence.

Location: Steamboat Springs, CO or Craig, CO or Remote. Position will require regular travel to Steamboat Springs, approximately once per month.

Compensation: Annual Base Salary of $85,000, depending on experience. Eligible for annual discretionary bonus with a target opportunity of 10% of base salary.

Benefits include: Paid Time Off of 30 days per year (Vacation, Sick, Holidays), Medical, Health Savings Account, Dental, Vision, Disability, Life Insurance, 401(k) with company match.

Summary of Responsibilities:

• Research federal and state banking laws and regulations and review YVB's policies and procedures to ensure that the Bank is in compliance with laws and regulations.
• Responsible for internal audits and compliance area monitoring/auditing and establishing a risk weighted annual risk assessment for both audit and compliance.
• Provide subject matter expertise by responding to inquiries from all YVB departments regarding the proper application of compliance laws, regulations, and related requirements.
• Manage YVB's audit functions with regard to timeliness, effectiveness of audit reports, findings and follow up.
• Provide regular and consistent reporting to Executive Management and the Audit Committee regarding the adequacy of management responses to audits and/or target dates for remedial action.
• Work with the Information Security Officer (ISO) to maintain information security policies, standards, guidelines, and training.
• Involvement in documenting security incidents and events to protect the bank’s assets, including intellectual property, regulated data, and the bank’s reputation.
• Participate in the IT Steering Committee that defines standards and processes and provide risk management expertise.
• Aid the ISO in the information security risk assessment process, including the reporting to the IT Steering Committee and the Board of Directors.
• Provide regular and consistent reporting on the current status of the information security program to Executive Management, the Enterprise Risk Management Committee (ERM), and the Board of Directors as part of the strategic enterprise risk management program.
• Build collaborative working relationships to understand core business activities and processes, as well as key risks, products, and transactions that pertain to the Bank’s compliance framework and risk assessment activities.
• Develop, conduct, and assist with relevant training for Bank employees on compliance responsibilities.

Qualifications:

• Bachelor’s degree in accounting, finance, law, economics, or a related business discipline, or commensurate work experience.
• Minimum of five (5) years of work experience in banking regulatory compliance or similar work experience in risk management and abatement.
• Current certification, or ability to receive certification, as a CRCM (Certified Regulatory Compliance Manager) and/or CRCP (Certified Regulatory and Compliance Professional).

We are an Equal Opportunity Employer and qualified applicants or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state or local laws.
YVB does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

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