Chief Risk Officer- Nelnet Bank

Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer professional services company consumer loan originator and servicer payments processor renewable energy solutions and K-12 and higher education expert. For over 40 years Nelnet has been serving its customers associates and communities.

The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team youre part of a community invested in the success of each individual. That support comes through in our work as we are united by our mission of creating opportunities for people where they live learn and work.

JOB RESPONSIBILITIES:
1. Collaborate with the CEO in setting and driving organizational excellence that results in a strong risk management profile that identifies and mitigates risk while delivering an exceptional customer experience best in class employee satisfaction and superior shareholder value.
2. Establish a strong risk culture at the bank and the enterprise that supports effective risk identification and mitigation.
3. Provide a credible challenge to strategies programs operations policies risk limits and all related risk assessments and metrics. Develop and continuously improve and mature the risk management program and all 2nd line of defense activities.
4. Support and provide guidance to the 1st line teams in developing plans activities and metrics that support a strong risk culture.
5. Identify and evaluate economic regulatory changes and other external factors as well as internal business strategies that could put the banks ability to succeed and meet its strategic plan at risk.
6. Develop and execute an appropriate Banks Secrecy Act and Anti-money Laundering Program with all its pillars that is commensurate with the size scope and complexity of the bank. Ensure the program incorporates oversight of the parent company who provides inputs and directly manages or supports any part of the banks compliance framework.
7. Collaborate with business technology security vendor and audit professionals to support risk assessments respond to audits remediate compliance and operational risks and ensure the proper implementation of any new or existing system changes or other significant initiatives.
8. Timely communicate escalate and report to the management and board Risk and Compliance Committees any risk or compliance concerns issues or trends that are identified.
9. Establish a program that monitors and validates adherence to internal controls and escalate as appropriate.
10. Maintain and continuously expand knowledge of industry related regulatory requirements contract requirements compliance and risk management best practices.
11. Evaluate first line practices and make recommendations to improve policies standards guidelines and procedures.
12. Prepare monitor and oversee the budget in accordance with established formats and guidelines.
13. Manage multiple conflicting priorities & consistently meet deadlines
14. Analyze both short and long-term impacts of business changes and plans accordingly.
15. Provide feedback to operational teams compliance teams and others as appropriate regarding performance.
16. Provide coaching and mentoring and an effective performance management process

Note: This role is onsite in our Draper Utah office.

EDUCATION:
1. Bachelors Degree in Business Finance or Accounting required. Advanced degree and related certifications a plus.

EXPERIENCE:
1. 20 years in risk management finance banking regulatory governance or compliance related field. Experience in holding executive leadership positions.

COMPETENCIES SKILLS/KNOWLEDGE/ABILITIES:
1. In-depth knowledge of designing and executing risk programs that include enhancements and remediation.
2. Extensive banking and regulatory relations experience.
3. Technical and working knowledge of BSA/AML program requirements.
4. Excellent interpersonal communication and presentation skills.
5. Demonstrated ability to manage multiple priorities while leading team members and working across the organization with colleagues to achieve results.
6. Strong analytical and problem solving skills with ability to achieve goals.
7. Demonstrated aptitude for learning new technologies.
8. Ability to prioritize and manage multiple concurrent projects and work within critical timelines.
9. Strong leadership ability and personnel development skills.

Our benefits package includes medical dental vision HSA and FSA generous earned time off 401K/student loan repayment life insurance & AD&D insurance employee assistance program employee stock purchase program tuition reimbursement performance-based incentive pay short- and long-term disability and a robust wellness program. Click here to learn more about our benefits: LINK.

Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race color religion/creed national origin gender sex marital status age disability use of a guide dog or service animal sexual orientation military/veteran status or any other status protected by federal state or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.

Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at or.

Nelnet is a Drug Free and Tobacco Free Workplace.