Rockland Trust is seeking a Chief Risk Officer (CRO) to lead the continued development and successful execution of the bank’s maturing risk management strategy. This senior executive role holds responsibility for overseeing all risk management functions, ensuring effective management of risks across financial, operational, regulatory, strategic, and reputational areas. The CRO will align the bank’s risk profile with its strategic goals and risk appetite, safeguarding the bank’s assets and fostering sustainable growth. The CRO collaborates closely with senior leadership and the Board of Directors (and the Risk Committee) to embed a strong risk-aware culture across the organization. Responsibilities include but are not limited to: Overseeing risk management activities and implementing and administering the Bank’s Risk Assessment Framework, Enterprise Risk Assessment Program, and Enterprise Risk Assessment Program; Reviewing business and operational unit information, reports, risk remediation plans, and risk acceptance requests; Performing second line of defense responsibilities, including discussing and assessing the aggregate risk being taken by the Company and reviewing and effectively challenging business and operational unit strategies, initiatives, risk assessments, and risk mitigation activities; Reviewing and making recommendations to the Board of Directors and Board Risk Committee regarding the Company’s risk appetite on a quarterly basis (or more frequently if warranted); Providing informed recommendations and strategic advice to executive leadership on risk matters to facilitate well-informed decision-making. Working collaboratively with other members of senior management across the first, second and third lines. Engaging employees at all levels to cultivate a shared understanding of the bank’s risk objectives, ensuring that all teams work in alignment with the bank’s risk framework. Driving continuous improvement within risk management by adopting new technologies, advanced analytics, and innovative methodologies to enhance risk oversight and forecasting capabilities. Encouraging adaptive thinking within the risk management team, fostering innovative solutions to address evolving and complex risks. The CRO’s objectives include: Provide effective challenge and risk guidance and advice, in a sustainable, repeatable, and efficient manner in support of our growth and strategic objectives. Effectively communicating the Company’s risk appetite and levels to the Board of Directors, Management, colleagues, and stakeholders. Meet regulatory expectations. CRO internal responsibilities include 2nd line oversight over the following: Model Risk Management Loan/Credit Review Compliance Information Security/Cyber Security
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