COMPANY SUMMARY:

CFG Bank, based in Baltimore, Maryland, is a leading financial institution serving the national healthcare and multifamily markets and the Mid-Atlantic region. As the 6th largest bank in Baltimore by deposits and the largest locally based, we've grown from $1 billion to over $5 billion in assets by 2023. With over 30 years of expertise, we rank among the top five healthcare bridge-to-HUD lenders in the country. At CFG Bank, we redefine banking by blending big bank capabilities with personalized boutique service. Recognized as "Best Place to Work" by the Baltimore Business Journal in 2022, 2023 and 2024, our primary goal is making each team member feel choosing CFG Bank was their best career decision. Join us for professional growth and a positive work environment that sets CFG Bank apart.

?

POSITION SUMMARY:

As the Chief Audit and Risk Officer, this role will provide crucial leadership in overseeing the audit/BSA/compliance functions of the bank. The person selected for this position will be responsible for maintaining the Bank?s enterprise risk management (ERM) program and framework.

?

Responsibilities include planning and staffing the risk management team, reviewing risk assessments, implementing the Bank's ERM program and coordinating regulatory internal audit exams. This role is essential in maintaining a strong control environment, managing risks, and ensuring regulatory compliance.

?

ESSENTIAL DUTIES AND RESPONSIBILITIES:

* Manage the development and implementation of the annual risk assessment methodology, internal audit risk assessment, and audit plan to ensure comprehensive audit coverage of internal controls and compliance with laws and regulations.

* Oversee internal audit staff or external partners engaged in conducting internal audits.

* Manage the follow-up process for previous audit and examination findings to ensure effective implementation of recommended actions.

* Collaborate with management to identify and evaluate risks impacting the organization.

* Provide executive level reporting to management and the board of directors.

* Manage the establishment and maintenance of an Enterprise Risk Management System for the Bank.

* Manage the review and evaluation of the Bank's policies and guidelines to ensure the integration of robust internal controls and effective risk management practices.

* Manage the preparation of reports for bi-monthly Audit Committee meetings.

* Manage the coordination of regulatory examinations, including the preparation of materials and timely responses to regulators.

* Fulfill additional responsibilities as assigned by the Audit Committee or Executive Management.

* Other duties as assigned.

?

QUALIFICATIONS AND REQUIREMENTS:

* Bachelor's degree in Accounting, Finance, Economics, or a related field.

* CPA, CIA certification is a plus.

* At least 15 years of banking experience, including 10 years of relevant experience in risk management.

* Experience at a $10 billion bank is preferred.

* Extensive knowledge of banking regulations and requirements applicable to financial institutions.

* Experience in building and supporting risk management programs.

* Be able to work effectively with all levels of management, the board of directors and the regulators.

* Thorough understanding of internal controls, principles of internal audit, and risk management concepts.

* Excellent written communication skills including the preparation of reports.

* Exceptional verbal and presentation skills

* Strong management and collaboration abilities.

* Exhibits a proactive, forward-looking view.

* Displays a strong executive presence.

* Capable of building partnerships and fostering collaborative relationships with department managers to enhance internal controls and risk management.

* Proficient in independently formulating and drafting well-reasoned recommendations.

* Ability to present recommendations to senior management persuasively.

* Must be willing to live in accordance with our company values.