Risk Management Officer – Lending

Are you passionate about ensuring financial stability and mitigating risks? Join our dedicated team at Phelps County Bank (PCB), where we are committed to serving our local community with integrity and excellence. We are seeking aRisk Management Officerin ourSpringfield, MOlending operations.

Under the direction of the Chief Risk Officer, you will be responsible for identifying, assessing, and managing risks associated with our lending activities, ensuring compliance with regulatory requirements, and implementing effective risk mitigation strategies. If you have a keen eye for detail and a proactive approach to risk management, we would love to hear from you! Apply today to help PCB make a meaningful impact in our community.

A successful candidate will have adequate knowledge of Home Mortgage Disclosure Act (HMDA) regulations and should hold or will obtain a Certified Regulatory Compliance Manager or Certified AML and Fraud Professional certification within 2 years.

OUTCOMES AND RESPONSIBILITIES (Other duties may be assigned)

– Supervise the area of regulatory and legal compliance for the bank, including but not limited to regulatory compliance, consumer protection, Bank Secrecy Act/Money Laundering and OFAC.
– Supervise internal quality control audit process, for loan and retail related operational functions.
– Coordinate vendor management due diligence.
– Supervise BSA and Fraud monitoring.
– Supervise Fraud and SAR investigations.
– Supervise Fraud Transaction processing.
– Coordinate the filing of HMDA, 1071 and other federal or state reporting requirements
– Coordinate the filing of police reports or other financial investigation reports.
– Coordinate external audit process, including, but not limited to preparing, gathering and compiling information for all audits and examinations.
– Meet with regulators and follow-up on examination and audit findings and concerns.
– Coordinate the design and implementation of regular training programs to upgrade compliance and reduce deficiencies for bank staff.
– Supervise the processes and procedures for some legal documentation request including, but not limited to Bankruptcy Notifications, Subpoenas, Garnishments, and Tax Levies.
– Maintain educational and professional expertise through attendance at job related seminars, conferences and workshops.
– Supervise the preparing, gathering and compiling information for meetings, including but not limited to Audit Committee Meeting, Loan Officer Meetings, and departmental meetings.
– Supervise compliance research and reviews of bank documents, advertising, and other compliance related issues.
– Assist Chief Legal Officer in preparing legal documentation, including, but not limited to foreclosure documentation.
– Assist the Chief Risk Officer in all compliance and legal responsibilities.
– Assist all bank departments with new and existing policies and procedures.
– Directly supervises risk management staff. Carries out supervisory responsibilities in accordance with the organizations policies and applicable laws.
– Responsibilities include interviewing, hiring and training employees; planning, assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

QUALIFICATIONS AND EDUCATION REQUIREMENTS

– High School Diploma and some college or preferably seven or more years related banking experience.
– Minimum of 1 years of experience in banking compliance or a related field, with a focus on lendingcompliance.
– Successfully complete courses of specialized education (paid for by the bank) selected by managementwithin one year of hire. Regular technical training and attendance at educational seminars will bemandatory for the successful applicant. Should hold a or will obtain a Certified Regulatory ComplianceManager or Certified AML and Fraud Professional certification w thin 2 years.
– Or equivalent combination of education and experience.

REQUIRED SKILLS

– Strong understanding of lending compliance regulations.
– Strong analytical and problem-solving abilities.
– Effective communication and interpersonal skills.
– Detail-oriented with strong organizational and time management abilities.
– Ability to handle sensitive and confidential information with discretion.
– Ability to adapt to fast-paced and evolving regulatory environment.
– Ability to learn new tools, software, and equipment at a fast pace.

ESSENTIAL FUNCTIONS

– While performing the duties of this job, the employee is regularly required to stand and talk or hear. The employee frequently is required to walk; use hands to finger, handle or feel; and reach with hands and arms. The employee is occasionally required to sit; climb or balance; and stoop, kneel, crouch or crawl. The employee must occasionally lift and/or move up to 50 pounds.
– Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

WORK ENVIRONMENT

– Indoor climate controlled.
– The noise level is typically moderate.
– Breaks are allowed throughout the day.
– Close proximity to other co-workers and customers may be occasionally required.

CORPORATE VALUES AND EXPECTATIONS – FIVE TO THRIVE

– Impressive Customer Experience- creating a positive and memorable experience for the customer that makes them feel valued and appreciated. building strong relationships with customers and demonstrating a genuine commitment to their satisfaction and success.
– World Class Employee Development- helping employees acquire new skills, knowledge, and competencies to succeed in their current role and prepare for future career opportunities.
– Uncommon Ownership- taking personal responsibility for ones work, actions, and outcomes, and treating the organizations goals and resources as if they were ones own.
– Community Champions- actively and passionately advocating for the needs and interests of a community and working to build stronger and more vibrant communities.
– Healthy Habits- regularly practicing behaviors that promote physical, mental, and emotional wellbeing.