Business Services Risk Officer

Position :

Business Services Risk Officer

Location : Beloit, WI

Job Id : 4217

# of Openings :

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e., bonus, incentives, and / or commission). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements.

Business Services Risk Officer

The Business Services Risk Officer is responsible for identifying, assessing, and mitigating risks within the Small Business Services and Treasury Services departments, with a primary focus on Treasury Services. This role involves conducting risk reviews, developing risk management strategies, and ensuring compliance with regulatory requirements to protect the financial health of the organization and bank's clients.

Responsibilities include, but are not limited to :

Risk Assessment & Management :

• Conduct timely, structured and comprehensive risk assessments (across all products) for Small Business Services and Treasury Services clients, identifying potential risks and vulnerabilities.
• Develop, recommend and implement risk management strategies to mitigate identified risks, in line with management guidance and parameters.
• Monitor and analyze economic / industry trends and market conditions that could affect risk levels, and make appropriate recommendations to management.
• Review and update risk management policies and protocols regularly.
• Ensure compliance with industry regulations and standards related to risk management.

Risk Reporting :

Project Management & Implementation :

Treasury Management Implementations and M&A :

Qualifications :

Education / Experience :

Skills :

Total Rewards

First Mid Bancshares, Inc. is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

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Pay Range : $49,000 - $61,300 per year

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