The Risk Manager provides the overall leadership, vision, and direction for the association’s enterprise-wide risk management framework, by managing the association’s credit risk, operational risk, market risk, and risk funds. The Risk Manager works in concert with senior management and internal audit function to establish the association’s risk tolerance level relative to transaction risk, intrinsic risk, geographic and borrower concentration risk to stabilize long-term profitability and capital management practices, and maintain the safety and soundness of the portfolio.
Essential functions of the Risk Manager position include, but are not limited to, four primary responsibilities:
Portfolio Management and Credit Risk
- Identify the components of portfolio risk and facilitate the strategic planning necessary to mitigate the association exposure to these risks.
- Ensure appropriate risk management policies, including the quantification of management’s risk appetite through specific risk limits.
- Maintain a set of risk metrics and reports, including losses and incidents, key risk exposures, and early warning indicators of portfolio deterioration.
- Maintain the analytical systems and data management capabilities to support the risk management program.
- Ensure consistent and accurate reporting of transaction and concentration risk indicators to management, the Risk Management Committee and the Board.Use appropriate reporting techniques including, trend analysis, peer analysis, benchmarking, graphical presentations, and executive summaries.
- Prepare qualitative assessments and Board Reporting of factors critical to the financial performance of the ACA.
Operational Risk Management
- Identify the basic components of operational risk and ensure the appropriate controls are in place for controlling such risk.
- Ensure the association is actively managing inherent operational risk through the use of insurance coverage.
- Ensure operational risk event data is utilized in the determination of capital adequacy.
- Provide analysis for capital adequacy sufficient to withstand unexpected losses either from credit, financial, market or operational risk through sound methodological and justifiable analysis.
- Provide semi-annual risk analysis necessary for strategic planning. This analysis should address the capital necessary to facilitate well managed growth, while ensuring the association has the ability to weather unexpected adversity.
- Provide supporting analysis for the adequacy of allowance for loan loss as determined through sound methodological and justifiable analysis.
Internal Credit Review Oversight
- Serves as a primary contact and liaison with the association’s internal credit review function to facilitate credit reviews, assess appropriateness of their scope and compliance with approved audit plan.
- Bachelor’s degree in Economics, Agricultural Economics, or Finance with 3 years direct experience in portfolio management and reporting.
- Must be able to meet deadlines, work irregular hours and travel as necessary.
- Must be highly organized and have demonstrated time management skills.
- Must be a self-starter and problem solver. Must have the ability to work independently with minimum guidance.
- Must have superior written and oral communication skills with the ability to write and prepare reports, white papers, presentations, policies and briefings in a professional and organized manner.
- Must be thoroughly versed in and have working proficiency of Microsoft products including Excel, Word, Access, PowerPoint and Outlook with demonstrated skills in financial modeling and graphical presentations.
- Demonstrated superior written and oral communication skills, decision/problem-solving skills, and project management. Must be able to complete written management reports and presentations according to deadlines.
- Masters degree in Business Administration and/or Certified Risk Professional designation preferred.
- Two plus years banking experience including one year skills and knowledge of commercial banking practices and bank operations preferred.
- Knowledge of Microsoft SQL and SSRS, as well as Python preferred.
Southwest Georgia Farm Credit offers competitive compensation with a comprehensive benefits package which includes 401(k) with employer matching; medical, dental and vision insurance; paid holidays, vacation and sick leave; life and disability insurance, and more.