Deputy Chief Risk Officer

The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted financial partner across the South and beyond - we are known for combining personal relationships with forward-thinking solutions.

We are committed to helping our team members find their success while maintaining the integrity of our values: building trust, fostering lasting relationships and pursuing excellence. At SouthState, individual contributions are recognized, potential is cultivated and team members are inspired to achieve their greater purpose. Your future begins here!

SUMMARY/OBJECTIVES

It is the responsibility of the Deputy Chief Risk Officer to be responsible for supporting the Chief Risk Officer in overseeing the enterprise risk functions at the Company so that the Company is appropriately managed in a risk-controlled manner. The Deputy Chief Risk Officer (DCRO) plays a critical leadership role in supporting the Chief Risk Officer in managing the bank's enterprise-wide risk management framework. This position ensures that all material risks-credit, market, operational, liquidity, compliance, BSA, fair lending, IT and strategic-are identified, assessed, monitored, and mitigated in alignment with the Company's Board approved risk appetite and framework, regulatory expectations and the Bank's strategic objectives.

ESSENTIAL FUNCTIONS

• Responsible for assisting the CRO in the appropriate design, implementation and maintenance of the enterprise risk management program of the Company through an integrated framework for ongoing identification, analysis, monitoring, and reporting of key business risks and associated measurements and controls in alignment with corporate strategy. Understanding of the top and emerging risks facing the enterprise and incorporating those top and emerging risks into the overall program on an ongoing basis.
• Partners with business lines to monitor the company's risk appetite, anticipate trends, and alert management of emerging risks and ensure effective challenge to promote a strong risk culture throughout the organization.
• Manages and supports various enterprise risk programs, including the Model Risk Management Program, the Third Party Risk Management Program, the Business Continuity/Disaster Recovery program, the Issues Management program, so that each reflects the appropriate oversight, governance as well as the quantitative aspects to meet regulatory guidance and management's expectations and the risks associated with each program are appropriate managed.
• Oversee the maintenance of the BSA/AML/OFAC program, the Enterprise Compliance Program, including fair lending and community development, a conduct risk program for the Company to mitigate the risk of unlawful activities and minimize fraud and unethical behavior.
• Oversee the information security and cyber security program maintained by the Company to reduce cyber risk across the enterprise.
• Ensure issues management is aligned with other key stakeholders including Compliance, Credit Risk Review and Internal Audit.
• Oversees and manages the development and implementation of a Data Governance Program, providing leadership/oversight to ensure acceptance within the organization.
• Oversee and manage the development of an AI Governance Program, providing leadership/oversight to ensure AI risks are appropriately managed.
• Provide for a framework and appropriate leadership/oversight to support the review, approval, distribution, and maintenance of policies and procedures throughout the organization.
• Establish informal and formal communications channels with all levels in the organization to gather risk data, obtain confirmation of effectiveness of controls, and help disseminate a risk culture.
• Advocate and educate personnel as to the 3 lines approach as defined by the Committee of Sponsoring Organizations (COSO) and the bank regulatory agencies.
• Integrate consideration of risk and risk management into business decision-making throughout the company by participating in key initiatives such as new products and services, vendor selection, etc.
• Participate with the first line in the risk identification and assessment processes across all banking functions, including retail, commercial, treasury, and investment operations, development and reporting and testing of key risk indicators (KRIs) and stress testing scenarios.
• Monitor regulatory developments (e.g., OCC, FDIC, Federal Reserve, CFPB) and ensure compliance with applicable risk-related regulations.
• Collaborate with business units to embed risk awareness and controls into daily operations.
• Support business lines in understanding and developing the various areas of enterprise and operational risk management and provide assistance as needed to continue the development of the organization.
• Participate in resolution planning and capital and liquidity stress testing programs as well as liquidity and capital planning programs for institutions over $100 billion
• Provide appropriate leadership and participate in internal management risk committees including ALCO, Credit Risk, Capital, Compliance, Fair Lending and Management Risk Committee.
• Support the CRO in preparing the materials and reports for the Board Risk Committee and provide the desired oversight of the areas of responsibilities and ensure that the materials and reporting meets regulatory requirements and are appropriate to provide insight to Management and the Board.
• Manage and mentor risk management teams, including credit risk, operational risk, cyber risk, IT risk and model risk functions.
• Coordinate with internal audit, compliance, and legal teams to ensure a cohesive risk governance structure.
• Support the CRO in responding to requests with regulatory exams and external audits related to risk management.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

COMPETENCIES

• Enterprise Risk Management
• Regulatory Compliance & Governance
• Credit & Market Risk Analysis
• Strategic Thinking & Decision-Making
• Leadership & Team Development
• Communication & Stakeholder Engagement
• Risk Reporting & Dashboarding

Qualifications, Education, and Certification Requirements

• Education: Bachelor's degree or higher.
• Experience: Minimum of 15 years of progressive experience in risk management within the banking or financial services industry.
• Certifications/Specific Knowledge: Strong leadership, clear communication, and analytical and negotiation skills. Proven ability to assess risk and reward in a practical sense, and influence senior stakeholders and drive risk culture across the organization.
• MBA or other professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), or CRCM (Certified Regulatory Compliance Manager) are encouraged.
  
• TRAINING REQUIREMENTS/CLASSES

Required annual compliance training, New Employee Orientation; Ongoing professional education and annual conferences in risk management or regulatory/legal developments.

PHYSICAL DEMANDS

Must be able to effectively access and interpret information on computer screens, documents, reports, and cash denominations, and identify customers. This position requires a large amount of time in front of a computer. This can be done sitting or standing with use of the right desk. This position may require bending and reaching.

WORK ENVIRONMENT

For bank office: This position is in an open lobby area with an individual work station. This position is located in a cubicle environment that may be loud throughout the day. This position is located in a private office.

For telecommuters or hybrid: Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred. Requirements are subject to change, as new systems and technology is delivered.

TRAVEL

Travel is required for meetings and conferences.

Equal Opportunity Employer, including disabled/veterans.