Overview

Description: At First Resource Bank, we believe strong risk leadership is about more than controls and compliance-it's about judgment, trust, and building a workplace where people are empowered to do the right thing, every time. As a proud "Best Place to Work" and a thriving $800 million+ asset community bank headquartered in Exton, PA, we are excited to welcome a strategic and forward-thinking Executive Vice President & Chief Risk Officer (CRO) to our executive team. Reporting to the President & CEO, the CRO is a key member of the executive management team and a trusted advisor to the Board of Directors, with direct access to the Board and its committees on material risk matters. This role provides independent, enterprise-wide leadership of the Bank's risk management, and regulatory compliance establishing a practical, forward-looking risk framework that supports safe, sustainable growth and a strong culture of accountability. This is more than a traditional risk role. It's an opportunity to shape the risk and compliance foundation of a growing organization, serve as a trusted strategic partner to the President & CEO, and ensure the Bank's risk capabilities scale alongside its growth, technology, and evolving regulatory landscape. We're looking for a leader who brings both regulatory credibility and a passion for cultivating a culture where credible challenges are welcomed and issues are resolved with integrity. If you're energized by complexity, motivated by protecting what matters most, and ready to lead through influence, we invite you to explore this exciting opportunity with us. Requirements: Enterprise Risk Management, Risk Appetite & Governance Lead the design, implementation and continuous improvement of the Bank's enterprise risk management framework, including clear governance, risk taxonomy, policies, standards, methodologies, escalation protocols and documentation. Maintain a forward-looking process to identify, assess, measure, monitor and report material risks, including credit, concentration, capital, liquidity, interest-rate, market, operational, compliance, legal, strategic, reputation, cyber, information security, technology, data, model, fraud, third-party and emerging risks. Lead the annual Enterprise Risk Assessment in collaboration with executives, business-line leaders and control functions; ensure conclusions are supported, challenged, documented and translated into action plans. Develop and maintain the enterprise risk appetite framework and support business-line risk appetite limits, tolerances and escalation thresholds aligned with the Bank's strategic plan, capital position and operating capacity. Provide executive leadership to the Enterprise Risk Committee; prepare quarterly committee materials and coordinate complete, accurate and decision-useful reporting from risk owners. Develop an integrated inventory of key risk indicators, limits, watch items, exceptions, losses, near misses, control deficiencies and remediation commitments; escalate material matters promptly. Provide independent risk review and constructive challenge of strategic plans, budgets, new markets, acquisitions, significant capital actions, new products, major technology decisions, outsourcing arrangements and other material initiatives. Promote clear ownership through a three-lines model: business lines own risk and controls; Risk and Compliance provide oversight and challenge; Internal Audit provides independent assurance. Board, Executive & Regulatory Leadership Serve as the principal executive advisor on the Bank's aggregate risk profile and the risk implications of strategic and operational decisions. Report regularly to the Board of Directors and appropriate Board committees on risk appetite, trend analysis, concentrations, emerging risks, significant exceptions, examination matters, audit results and remediation status. Maintain direct and unrestricted access to the President & CEO, the Board Chair and the chairs of the A