Associate, Front Office Enterprise Risk

Office Status: Hybrid

Salary: $42,000 – $90,000

Responsibilities:

Risk and Compliance

• Perform credit risk related review and provide credible challenges to business teams
• Implement Bank’s post lending management requirements; communicate with Account Officers and New York Branch to ensure sufficient and standardized practice
• Serve as Vendor Service Manager(VSM) to manage branch’s 3rd party vendors onboard/off board and ongoing review
• Act as point of contact for Chicago Branch in communicating with New York Branch for maintaining the Policy and Procedure library content
• Assist in reviewing and updating P&P, as well as workflow periodically according to risk management requirement
• Support all aspects of the risk management related program, such as various risk assessments, control testing, risk inventory review, risk issue tracking and reporting
• Communicate with business teams regarding the input of periodic risk reports
• Design and perform periodic Quality Control Test and track the status of action plan related to findings
• Manage the customer files on behalf of the branch including, but not limit to the collateral document
• Perform the “Call Loan” management to ensure the liquidity position of the branch
• Perform liquidity reporting and short-term cash flow projection
• Responsible for implementing the bank’s ABAC program, and control ABAC risk from operational costs, customer, third party vendor etc.

Compliance

• Work with other departments to complete all projects and initiatives in accordance to regulatory standards
• Ensure CHB’s risk management is in line with Banks’ Risk Governance Framework
• Work closely with all departments in Chicago Branch to ensure data integrity in all uses
• Perform data validation for compliance risk assessment purpose