Director of Enterprise Risk Management

Overview

We are a values driven organization putting Relationships FIRST. EagleBank is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our community. EagleBank (NASDAQ - EGBN) was founded to meet the financial needs of local business owners in Maryland, Washington DC, and Northern Virginia. With genuine connections, we provide custom financial solutions, local decision-making, and a deeply-rooted dedication to the community.

EagleBank is committed to being a workplace of inclusion, equity, respect, and acceptance. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience. We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing. Throughout your EagleBank career, our commitment is to provide you with a variety of competitive benefits, recognition, training and development, and the knowledge that your contribution adds value to the company and our community. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships.

We understand the need to be creative and flexible when it comes to telecommuting and other alternative work arrangements. This position is eligible for our hybrid remote work program which allows employees to work remotely two days a week. This position has flexibility in choosing which two days, in addition to Wednesday, will be worked in the Rockville, MD office.

Responsibilities

The Director of Enterprise Risk Management is responsible for developing, implementing, administering, training and maintaining all aspects of EagleBank’s Enterprise Risk Management (ERM) program. These responsibilities include supporting the identification, evaluation, prioritization, mitigation, and monitoring all relevant risks such strategic, operational, financial, credit, compliance, strategic, reputational, etc. This role will review policies and procedures, develop risk identification and assessment frameworks, measure and monitor risk, conduct training, report to senior management on prioritized risks and coach functional, and business unit leadership in the development of risk mitigation plans consistent with our enterprise risk management framework. The Director will work with senior management to define and document specific risk appetite, monitor the effectiveness of risk mitigation and management activities, and prepare quarterly enterprise risk reports. Working to enhance and operate a risk management system that meets regulators, BOD and senior management expectations is critical. Additionally, working closely with key Risk constituencies (First Line of Defense, Management level Committees, Board and Board Committees, and Internal Audit) to design and continuously recommend improvements to the process and mechanisms for discussing, reporting, and making decisions on risk by senior management and the Board of Directors are intergal to the success of this position.

Qualifications

REQUIRED:

• Bachelor’s Degree in information management, business management, finance or related field

• 12 years progressive experience directly related to risk governance and controls

• 5-10 years practical experience and exposure Operational, Technology, Market, Interest Rate or other Financial risk categories

• 5-10 years experience in building or operating Banking ERM programs or equivalent experience in Risk Management Consulting or similar roles

• Certifications relevant to ERM may vary; however, certifications that show candidate’s quest to expand their knowledge and proficiency which is essential to this position are welcome. (e.g. CERP, PRMIA etc)

• Ability to understand complex business processes and develop effective risk management and monitoring programs, including model risk validation and risk event tracking

• Strong executive presence and comfort presenting information to large groups across multiple levels

• Strong leadership skills including the ability to manage projects, build teams and lead change

• Ability to use MS Office tools for complex analysis, Board presentations, and report writing

• Ability to utilize technology and systems to advance ERM program initiatives .

PREFERRED:

• Master’s Degree in a related field
• 1-3 years Credit Risk Management experience is preferable
• 3 years of supervisory experience, supervision of a team or held a leadership role

Don't meet all the requirements? We encourage you to still apply if you think you are the right person to join our community. We are always interested connecting with people inspired by our mission and values. If you aren’t hired for this position, your resume will remain available for the next year and might be considered for future openings. Note: You can update your resume as often as needed.