Executive Vice President, Chief Risk Officer - Cayman.

This position sits on the Group Executive of N.T. Butterfield Son Ltd. with a reporting line to the Chairman & CEO. The job holder is responsible for management and oversight of all risk functions, including Market Risk, Credit Risk, Operational Risk, Compliance Risk and Cyber Risk functions in the Cayman Islands.

Your responsibilities will include:

Credit Risk
• Oversight of the Cayman Islands credit risk assessment process, ensuring that credit facilities are within Group policies and are suitable risks for the Bank to underwrite.
• Ongoing monitoring and review of credit fundamentals for credit facilities to ensure that the overall quality of the loan book is maintained to the highest standards, escalating any potential or active issues that could affect a credit facility to the Group Chief Risk Officer
• Assist with the monitoring of security provided, reviewing security as necessary to pre-empt any problems with security cover
• Oversee the compliance with regulation and ensuring all credit facilities meet regulations
• Responsibility for the Cayman Bank's Large Exposure Policy.

Operational Risk and Compliance Risk
• Act as the primary point of contact for CIMA
• Manage the completion of the Entity Level Risk Assessment process, quality assuring the completeness and accuracy of required inputs into the capital modelling process
• Oversee the completion of detailed evaluations of the effectiveness of the internal controls that are brought to bear at all levels of the organisation in the delivery of the Bank's products and services in the Cayman Islands
• Evaluate the risks associated with all change initiatives proposed, making recommendations relating to their strategic "fit" and the management processes that should be applied during their implementation to the sponsor and Executive Management.

Cyber Risk and Market Risk
• Manage all Cayman Islands risk policies and liaise with Group Risk functions to align Cyber and Market Risk frameworks to local requirements
• Manage and Lead the Cayman Islands teams as required.

General Responsibilities
• Design, seek approval for, maintain and keep up to date the Bank’s risk management framework, including applicable policies, guidelines, data and systems. This mandate runs across all the main financial and non-financial risk areas of the Bank, including the capital adequacy framework, the asset and liability management framework, the internal control, operational risk and enterprise risk frameworks and risk policies and guidelines pertaining to management of environmental, social and governance dimensions in Bank operations
• Provide periodic risk management updates and presentations to the Board of Directors and Regulators.

Your qualifications and skills include:
• 15+ years of financial services experience (preferably in banking)
• Professional designation such as a CA, CFA, CIA, CPA preferred
• Practical experience in the various risk management disciplines
• Previous Executive level experience in a risk or 3rd line role
• The ability to work effectively under pressure and adhere to strict deadlines
• Excellent communication, interpersonal and time management skills
• Work effectively with business units and Managing Director to identify, analyse and mitigate risk factors to support business growth objectives.