Director of Enterprise Risk Management
Location : Location
US-MD-Bethesda
| ID |
2025-2023
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Location : Address
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7500 Old Georgetown Road
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Position Type |
Full Time Regular
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Business Unit Description |
Risk and Compliance
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Overview
We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ - EGBN) 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 customers.
EagleBank is committed to inclusion, equity, and respect. 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. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including maternity and parental leaves, 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. The minimum and maximum projected annualized salary for this position is: $170,982.00 to $293,110.80. Additional compensation may be possible based on experience and skills. 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 and will work in the Bethesda, MD office four days per week.
Responsibilities
Reporting to the Chief Risk Officer, the SVP, Director of Enterprise Risk Management (ERM) is a senior leadership role responsible for overseeing the Bank's ERM Program. The incumbent will provide oversight of all aspects of an ERM program, including but not limited to, model risk management, third party risk management, operational risk management, operational resiliency, and physical security. This position ensures the identification, measurement, monitoring, reporting, and prioritization of risks faced by the Bank. The ERM Director serves as a trusted advisor to senior leadership, leveraging deep subject matter expertise to drive management, organizational, engineering, and business improvement efforts. This position requires a strong results-oriented approach. Essential Function
Develop, implement, and refine ERM frameworks, policies, procedures, and governance structures aligned with regulatory guidelines.
- Oversee risk assessments and RCSAs ensuring that all relevant risks are identified and assessed, and that appropriate controls are in place to mitigate them.
- Provide oversight of ERM programs related to model risk, third party risk, operational risk, business continuity/disaster recovery, policy management, and physical security.
- Establish key risk indicators (KRIs), risk appetite statements, and enterprise risk registers to enhance risk transparency and accountability Provide periodic updates to senior leadership and the board of directors on the Bank's risk profile across risk types, individually and in the aggregate, and on risk management activities.
- Provide insights and recommendations to senior leadership and the board of directors on risk-related matters, enabling informed decision-making and effective risk management strategies.
- Work with the Chief Risk Officer to set agendas for Enterprise Risk Management Committee meetings.
- Participate in governance committees and ensure responsiveness of ERMC packages to set agendas.
- Author and manage the Enterprise Risk Management Policy and Program, standards, and procedures.
- Foster a risk-aware culture by developing risk training programs, tools, and awareness initiatives across the organization as needed.
- Monitor emerging risks, regulatory changes, and industry trends to proactively adapt risk management strategies.
- Participate in, and prepare for, regulatory examinations and internal audits and assist in preparing responses to exams and audits.
- Provide support in in other risk management programs and responsibilities, as needed, including other duties as assigned.
- Performs other duties as assigned.
- Complies with all policies and standard.
Qualifications
Requirements:
- Bachelor's Degree in Arts/Sciences (BA/BS) Accounting, business management, finance, or related field
- 12 years in Enterprise Risk Management within the Financial Services industry
- 5 years as the senior leader of ERM in a $5 billion+ asset size publicly traded financial institution.
- Relevant industry certifications (CPA, CIA etc.)
- Ability to understand and manage complex business projects concurrently with a wide range of stakeholders
- Strong executive presence and comfort presenting information to large groups across multiple levels
- Excellent writing skills, oral communication and interpersonal skills with ability to put technical terms into business communication for non-technical professionals or to present recommendations to senior management. The position requires interaction with various levels of internal staff and management
- Strong leadership skills including the ability to manage projects, build teams and lead change
- Ability to use MS Office tools for analysis and report writing
- Ability to utilize technology and systems to advance program initiatives
Preferences:
- Master's degree in Arts/Sciences (MA/MS) in a related field
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.
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