Take the next step in your career and act on this opportunity to join the quality team of a major agricultural lending institution! FCS Financial is looking to hire an individual with a wide range of experience and capabilities who has a desire to serve in a cooperative structure. The Chief Risk Officer is part of the Leadership Team and directs the enterprise risk management function for FCS Financial including collateral and risk asset management loan portfolio monitoring and reporting, and analyzing and establishing risk thresholds for association operations. In addition, this position provides administrative oversight to the Internal Audit and Credit Review function. As the leader of the Risk Management department, this individual will provide strategic leadership by identifying, prioritizing and monitoring key association risks and working with Leadership to mitigate and address critical risk issues. The individual will engage with all departments to prioritize and establish risk-balanced process and thresholds, provide insight and guidance on the association’s risk tolerance and appetite, and serve as a key contact with our federal regulator and funding Bank. This position requires experience in enterprise risk management, credit administration, principles of internal controls, loan analysis, and credit underwriting standards.
This position is located in Jefferson City, Missouri.
This position is open until filled.
This position is classified as Exempt under the Fair Labor Standards Act.
Reports to: Chief Executive Officer
Supervises: Appraisal, Risk Management, Audit and Portfolio Management Functions
- Leads the appraisal, risk management and portfolio management functions and provides administrative supervision to internal audit and internal credit review
- Primarily through subordinate managers, selects, develops, motivates and evaluates a diverse team of professionals
- Assesses talent and determines the division of responsibilities and how the teams should be organized
- Establishes performance standards for direct reports, measures performance against standards, and recommends merit and incentive amounts
- Communicates business expectations and goals to teams and is responsible for department’s results
- Engages department leaders in prioritizing and establishing risk-balanced processes, thresholds and parameters for business operations
- Monitors key association risks and works with appropriate business leaders to mitigate and/or address critical risk issues
- Works with the Board, Audit Committee, CEO and Association management to establish adequate and appropriate reporting of key association risks
- Determines and implements the scope of risk monitoring and analysis activities
- Provides insight and guidance on the association’s risk tolerance and appetite
- Works closely with the Executive Committee and Board of Directors in developing, executing and communicating strategic plans
- Serves as a key contact with the regulator and funding Bank and coordinates association responses to inquiries and findings
Business Plan Analysis
- Identifies risks and business opportunities that impact the pursuit of business plan goals
- Utilizes audit results to discover cause of deficiencies
- Coordinates with business leaders to develop and implement corrective actions to resolve deficiencies
Other duties as assigned to meet the needs of the organization.
Scope of Responsibilities:
5-10 direct reports, 14-18 indirect
$3 - $5 Billion Owned and Managed Assets
- Bachelor’s degree in business, finance, economics or a related field
- 10 years of experience in enterprise risk management, auditing, high risk credit analysis, or a closely related function
- 7 years of supervisory experience
- Or an equivalent combination of education and experience sufficient to perform the essential functions of the job
Required Knowledge and Skills
- Working knowledge of the operations of a financial institution
- Working knowledge of FCA or commercial banking regulations
- Working knowledge of applicable state and federal regulations
- Working knowledge of the principles of credit administration
- Working knowledge of the principles of internal controls, audit and review
- Working knowledge of the principles and practices of appraisal and collateral valuation
- General knowledge of loan analysis and credit underwriting standards
- General knowledge of the agricultural industry
- Skill in exercising judgment within broadly defined practices and policies
- Skill in making sound decisions based on analysis, discussion, experience and judgment.
- Skill in selecting, evaluating, and engaging team members.
- Skill in anticipating emerging and future trends accurately based on broad knowledge and perspective.
- Strong written and verbal communication skills, with ability to communicate at all levels of the organization including with the board.
- Skill in communicating a vision and providing motivation and direction to team members.
- Skill in developing and maintaining interpersonal relationships.
- Skill in working collaboratively.
- Skill in balancing multiple priorities.
- Responsible to appropriately protect the confidentiality, security, and integrity of the Association’s systems and data and clients’ data
We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.
If you need a reasonable accommodation for any part of the employment process, please contact us by email at Human.Resources@myfcsfinancial.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address.
For more information about our commitment to equal employment opportunity, please click here.