Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead risk management and compliance for a progressive financial institution.
- Company: Join BankFive, a reputable bank with $1.9 billion in assets and a commitment to community.
- Benefits: Enjoy a collaborative environment, strong leadership, and recognition as a top workplace.
- Why this job: Be part of a team that values diversity, equity, and inclusion while making a social impact.
- Qualifications: Proven experience in financial services risk management and compliance is essential.
- Other info: Regular access to the Board and opportunities for professional growth.
The predicted salary is between 72000 - 108000 £ per year.
We are delighted to share with you the exciting retained search we are leading for our long-time Client, BankFive (www.bankfive.com). Based in Fall River, MA, BankFive is a growing, progressive financial institution with $1.9 billion in assets and an excellent reputation. The Bank has thirteen locations, from Fairhaven to Swansea to Bristol, RI. The Bank also has Loan Production Offices in Cranston, RI; Hyannis, MA; and Westport, MA; as well as a Mortgage office in Wrentham. The Board’s vision is to remain an independent full-service bank, provide premier financial services, and deliver a superior level of “high touch” customer service. This is a collaborative environment with a strong leadership team that values employees. The Bank’s many community accolades include being named one of the Top Places to Work and a Diversity, Equity, and Inclusion Champion (2024 - Boston Globe) and a Best Places to Work in Rhode Island (2023, 2024, and 2025 - Providence Business News).
As an integral member of Senior Management, the SVP will have regular access to the Board.
Key Responsibilities:- Serve as the principal Risk Management Officer and Compliance Officer, overseeing BSA, Vendor Management, Customer Information Security, Complaint Management, CRA, and Fair Lending.
- Provide for an effective organization-wide “Enterprise Risk Management and Compliance” plan.
- Chair the Risk Management Committee and the Compliance & CRA Committee.
- Serve as liaison with auditors and regulators for all audits, compliance reviews, and examinations.
- Successful track record managing/leading a financial services risk management function that includes operational risk and compliance (or equivalent).
- Strong knowledge of risk management practices and assessment techniques.
- Experience with data analytics, risk assessments, project management, program development, and/or policy reviews.
- Excellent leadership, management, communication, and project management skills.
- Knowledge of relevant state, federal, and governmental laws/regulations.
- Certified Regulatory Compliance Manager (CRCM) certification (or equivalent).
SVP Risk & Compliance employer: KLR Executive Search Group LLC
Contact Detail:
KLR Executive Search Group LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SVP Risk & Compliance
✨Tip Number 1
Network with professionals in the financial services sector, especially those who have experience in risk management and compliance. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with BankFive's values and community involvement. Understanding their commitment to diversity, equity, and inclusion will help you align your approach and demonstrate how you can contribute to their culture during interviews.
✨Tip Number 3
Prepare to discuss specific examples from your past experiences that showcase your leadership and project management skills. Highlight instances where you've successfully implemented risk management strategies or navigated compliance challenges.
✨Tip Number 4
Stay updated on relevant state and federal regulations that impact the banking sector. Being knowledgeable about current laws will not only prepare you for discussions but also demonstrate your commitment to compliance and risk management.
We think you need these skills to ace SVP Risk & Compliance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in risk management and compliance, particularly in financial services. Use specific examples that demonstrate your leadership skills and knowledge of relevant regulations.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role at BankFive. Mention their commitment to community and diversity, and how your values align with theirs.
Highlight Relevant Certifications: If you have certifications like the Certified Regulatory Compliance Manager (CRCM), be sure to mention them prominently. This shows your commitment to the field and enhances your credibility.
Showcase Leadership Experience: In your application, emphasise any previous roles where you led teams or projects related to risk management. Provide concrete examples of how you improved processes or compliance within your organisation.
How to prepare for a job interview at KLR Executive Search Group LLC
✨Understand the Bank's Values
Before your interview, take some time to research BankFive's values and mission. Understanding their commitment to community service and customer care will help you align your answers with what they prioritise.
✨Showcase Your Leadership Experience
As a Senior Vice President, you'll need to demonstrate strong leadership skills. Prepare examples from your past roles where you've successfully led teams or projects, particularly in risk management and compliance.
✨Prepare for Technical Questions
Expect questions that assess your knowledge of risk management practices and compliance regulations. Brush up on relevant laws and be ready to discuss how you've applied these in previous positions.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions prepared. Inquire about the Bank's future goals in risk management or how they measure success in compliance. This shows your genuine interest in the role and the organisation.
