Model Risk Management Jobs in Santa Clara, CA (NOW HIRING)

Avidbank is a $2.6 billion commercial bank based in Silicon Valley serving the San Francisco Bay area and beyond. We are a highly responsive business bank, providing tailored financial solutions. We are advocates for our clients and specialize in providing innovative banking products and supportive services that exceed our clients' expectations.

Founded in 2003, we specialize in commercial & industrial lending, technology and asset-based lending, specialty finance, real estate construction, and commercial real estate lending. We have one branch in San Jose along with loan production offices in Redwood City and San Francisco.

Title of position: SVP, Enterprise Risk Management Officer

Position type: Full-time

Pay range: $180,000 - $240,000

Division: Risk and Compliance

Work Location Type: Hybrid

Location: San Jose, California

The Role

Avidbank is seeking a seasoned, strategic risk leader to serve as Senior Vice President, Enterprise Risk Management Officer. Reporting to the Chief Operating Officer, this role leads the continued development and execution of the Bank's enterprise risk management program and provides independent, forward-looking oversight of the Bank's aggregate risk profile.

The Enterprise Risk Management Officer is responsible for strengthening the Bank's risk governance framework, risk appetite framework, enterprise risk reporting, and second-line oversight capabilities. This leader will ensure material risks are identified, assessed, monitored, controlled, and escalated in a timely and practical manner across the organization.

This is a high-impact leadership role with regular interaction with Executive Management, the Risk Oversight Committee, the Audit Committee, and the Board of Directors. The ideal candidate will bring strong commercial banking judgment, regulatory credibility, executive presence, and the ability to provide independent challenge while partnering constructively with business and functional leaders.

Why This Role Matters:

The Enterprise Risk Management Officer will help shape and elevate Avidbank's risk function during a period of continued growth, increasing complexity, and evolving regulatory expectations. Success in this role will be measured by stronger enterprise risk governance, clearer Board-level reporting, timely escalation of emerging risks, disciplined issue management, and practical partnership with leaders across the Bank.

Key Responsibilities

• Lead the Bank's enterprise risk management framework, governance structure, policies, methodologies, and reporting practices to align with strategy, growth, complexity, and regulatory expectations.
• Own and mature the risk appetite framework, including metrics, thresholds, escalation protocols, breach reporting, management actions, and periodic refreshes for Board and committee review.
• Strengthen enterprise risk governance through effective committee structures, clear escalation practices, disciplined issue management, and documentation of key risk decisions and accountabilities.
• Prepare and coordinate Risk Oversight Committee materials, including agendas, enterprise risk reporting packages, supporting analysis, meeting minutes, and follow-up action tracking.
• Deliver concise, actionable enterprise risk reporting to Executive Management, the Risk Oversight Committee, the Audit Committee, and the Board, including risk trends, concentrations, emerging risks, appetite breaches, and remediation progress.
• Develop and oversee the Bank's risk and control self-assessment program to support consistent identification, evaluation, monitoring, and reporting of key risks and control effectiveness across the organization.
• Provide second-line oversight of core risk disciplines, including operational risk, model risk, third-party risk, new product and change risk, compliance risk, and other enterprise risk areas in partnership with functional leaders.
• Provide independent risk review and effective challenge for strategic initiatives, business plans, product proposals, outsourcing arrangements, technology changes, and other material management decisions.
• Partner with regulators, internal audit, executive leadership, and business owners to support examinations, audits, remediation efforts, control enhancements, and continuous improvement of the risk and control environment.
• Promote a strong risk culture and lead, develop, and retain a high-performing risk team capable of supporting the Bank's strategic priorities and increasing complexity.

This position description is not intended to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Duties, responsibilities, and activities may change, or new ones may be assigned at any time, with or without notice.

Qualifications

• Bachelor's degree in finance, accounting, business, economics, risk management, or a related field.
• Progressive leadership experience in commercial banking or another regulated financial institution, with direct responsibility for enterprise risk management, operational risk, compliance risk oversight, or related second-line risk disciplines.
• Strong knowledge of banking risk management, governance, internal controls, risk appetite, issue management, and regulatory expectations applicable to growing financial institutions.
• Experience working with executive management, Board committees, regulators, internal audit, and cross-functional business leaders.
• Demonstrated ability to translate complex risk and control matters into clear priorities, practical recommendations, and executive-level reporting.
• Strong leadership, communication, analytical, and influencing skills, with the ability to lead teams and drive high-quality execution in a growing organization.

Preferred Qualifications:

• Advanced degree or relevant professional certification in risk management, audit, compliance, finance, accounting, or related disciplines.
• Experience with FDICIA, SOX readiness, regulatory examinations, internal audit coordination, Board and committee reporting, and remediation governance.
• Experience designing or enhancing ERM frameworks, risk appetite metrics, KRIs, RCSA programs, issue management programs, model risk oversight, third-party risk oversight, or new product risk governance.
• Experience supporting a growing commercial bank or financial institution with increasing organizational, regulatory, operational, and technology complexity.

Leadership Competencies:

• Strategic, forward-looking risk leader with sound judgment and the ability to identify emerging risks, assess enterprise impact, and translate insights into action.
• Credible executive communicator with the confidence to provide independent challenge and the judgment to do so in a practical, constructive, and business-aligned manner.
• Collaborative leader who can build trusted relationships across business, finance, compliance, technology, operations, and audit while preserving second-line independence.
• Process-oriented change leader with a track record of improving governance, strengthening reporting, clarifying accountability, and scaling risk management practices.
• People leader who develops talent, sets clear expectations, encourages accountability, and builds a high-performing, service-oriented risk function.

Benefits

Avidbank offers full-time employees' competitive compensation, medical, dental, vision, life insurance, long term disability insurance, 401k with matching, paid holidays and a competitive paid time off policy.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. It is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

Avidbank is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

We are an AA/EEO/Veterans/Disabled employer.