Hiring: Manager, Financial Risk Company: Choice Bank Location: St Paul, MN Job Posted Time: 2026-09-11 13:05:45 Employment Type: Full-time Target Skills & Keywords : CFA, Portfolio Management, Risk Management About the job Experience: •8 to 10 years of relevant experience with requisite competencies. •10 years of relevant experience with requisite competencies. Required Skills: •Lead development and maturity of a comprehensive strategy for managing financial risk categories from a Second Line of Defense oversight perspective. •Establish and maintain governance frameworks for the Model Risk Management, Stress Testing Oversight, Loan Review, Financial Risk Management, Concentration Monitoring, and Risk Analytics programs to align to the Bank’s risk appetite. •Establish and manage ongoing Second Line of Defense monitoring processes for financial risk categories, model risk management and programs, including performance metrics, breach thresholds, and escalation procedures. •Oversee the performance of internal and external model validation activities. •Manage a process to ensure the integrity and reliability of models used in decision-making processes. •Manage and maintain an effective model identification process to ensure all new and existing models are captured on the Bank’s model inventory prior to implementation. This includes identifying end user calculators or tools and ensuring they are governed using in a risk-based approach. •Manage independent loan review processes on commercial loan portfolio in line with regulatory requirements and expectations. •Establish and manage a process to provide Second Line of Defense oversight for the overall credit portfolio, potential vulnerabilities, assessing the quality of loans, credit exposure, and compliance with internal lending standards Qualifications: •Minimum of 8 to 10 years of relevant experience with requisite competencies. •Bachelor’s degree in Business, Finance, Economics, Risk Management or related field. •Master’s degree or relevant certifications (FRM, CFA) preferred. •Proven ability to build, develop, implement, and mature risk programs, policies, processes, and controls associated with financial industry legal, regulatory, risk, and compliance obligations. •Proven ability to develop and support the establishment of key risk indicator metrics and ensuring the monitoring and reporting of them through a robust validated, consistent, and repeatable process. •Skilled in using analytic platforms like Power BI, Alteryx, etc. •In-depth knowledge of risk management principles, financial risk management frameworks, model governance, credit risk, loan reviews, stress testing, concentration monitoring, and regulatory requirements. •Demonstrated capacity to lead program components and provide subject matter expertise. •This position requires some travel to support business needs, including team collaboration, internal trainings, and cross-functional initiatives. The frequency and duration of travel will vary based on organizational priorities and team needs. •Choice is #PeopleFirst, banking second. Compensation: •Full-time employees are also eligible for a competitive bonus and benefits package Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!