Enterprise Risk Management Advisor

About Working at Commerce

Wouldn't it be great to build your career at a bank that's known for helping people with their financial challenges? That's exactly what you'd be doing when you join the team at Commerce Bank. We're looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You'd be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions.

No wonder we've been an industry leader for over 155 years and have developed a reputation as a great place to work in the financial services world. If you'd like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We're always looking for the best and brightest.

Compensation Range

Annual Salary: $69,000.00 - $104,000.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to support the Enterprise Risk Management team will and assist with the development and execution of the ERM program.

Essential Functions

• Identify, evaluate, mitigate, monitor and report on the Company's risks
• Perform and facilitate risk assessments and use the assessment outputs to understand and advise on the relationship of risks across the Company
• Assist with first line of defense leadership in prioritizing risk management efforts
• Represent the second line of defense, promote a risk aware culture and advise on a variety of corporate and department initiatives
• Advise on and support risk management activities in the first line of defense, serve as second line of defense liaison with lines of business and corporate functions. Advise on and facilitate ERM risk assessment processes, analysis and reporting.
• Coordinate, update and provide executive and board reporting on top risks and corporate level key risk indicators. Work with other second-line of defense departments to develop and maintain an integrated risk and control assessment and reporting program.
• Assist with updates to the Company's risk appetite statement. Produce executive and board level reporting on supervisory activities.
• Develop and implement a program to identify, assess, monitor and report on emerging industry and Company risks and their potential impacts
• Create and promote an effective a program to monitoring, evaluating, prioritizing mitigation efforts and reporting on activities to address regulatory and second and third line of defense issues and findings
• Lead and conduct specialty risk assessments
• Understand and support, on an as-needed basis, risk analysis and reporting tools and programs
• Keep abreast of risk management related regulations, guidance and industry developments
• Develop and maintain ongoing relationships with Company business and support unit partners
• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Strong knowledge of risk management-related financial institution regulations and guidance
• Strong knowledge of risk identification, assessment and management frameworks
• Strong knowledge of control frameworks and the ability to design and evaluate effectiveness of controls embedded within business processes
• Ability to interpret and apply regulatory requirements to Company functions
• Strong strategic and critical thinking skills
• Ability to independently identify, prioritize, monitor, communicate and/or resolve issues
• Ability to lead and facilitate risk discussions and participate in critical conversations with both management and individual contributors
• Motivated and organized self starter with strong attention to detail, sound business and professional judgment, and the ability to trouble shoot, problem solve and successfully manage ambiguity
• Inquisitive, agile, collaborative and strong team player with excellent written, verbal and interpersonal communication skills
• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
• Advanced proficiency in a variety of standard and risk reporting software tools including Excel, Word, Power Point, Visio, PowerBI and experience with Governance, Risk & Compliance systems/software

Education & Experience

• Bachelor's degree in Accounting, Finance, Business or equivalent combination of education and experience required. Master's degree preferred.
• 6+ years of risk management, legal, internal audit or compliance experience or equivalent technical knowledge required
• 4+ years of well-rounded and progressive banking or financial institution experience
• Previous direct and cross-functional team leadership or project management skills preferred
• CPA, CERP (Certified Enterprise Risk Professional), Certified Bank Auditor, Certified Regulatory Compliance Manager (CRCM) designations preferred

***Level of role is determined by knowledge, experience, skills, abilities, and education

For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for this role. This compensation range is for the Enterprise Risk Management Advisor II, III & Senior job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Commerce, it is not typical for an individual to be hired at or near the top of the range for their role, and compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base salary range is $69,000 - $104,000. The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits. Click here to learn more.

Location: 922 Walnut St, Kansas City, Missouri 64106

Time Type:

Full time