Banking Service; BaaS) Risk Officer

Cape Girardeau, MO | Full-Time | Monday–Friday, 8AM–5PM | onsite

MRV Banks is looking for an experienced Risk Officer to join our growing Banking as a Service (BaaS) team
.
This is a high-impact role for someone who enjoys digging into financials, identifying risk, spotting trends, and helping leadership make informed decisions.
As the MRV Connect Risk Officer
, you’ll take a big-picture look at the financial and operational health of our BaaS programs and relationships.
You’ll analyze performance, evaluate third-party risk, support capital and forecasting decisions, work with legal counsel on agreements, and turn complex information into meaningful insights for senior leadership.
If you’re analytical, naturally curious, comfortable asking tough questions, and enjoy figuring out “What is the data telling us—and what should we do about it?”, this could be a great fit.

• Analyze the financial performance and overall risk of MRV Connect relationships, including revenue, expenses, profitability, KPIs, and emerging trends
• Support forecasting, budgeting, capital allocation, and reserve calculations
• Identify financial, operational, third-party, and regulatory risks and recommend practical ways to mitigate them
• Prepare and present risk and performance reporting to senior leadership
• Partner with our Data Analyst to conduct transaction testing against underwriting and risk guidelines
• Develop and maintain model risk management processes and tracking
• Coordinate relationship risk assessments, quarterly reviews, and follow-up reporting
• Review contracts and amendments and coordinate with external legal counsel and Bank leadership
• Partner across Finance, Compliance, Operations, Legal, and MRV Connect to strengthen controls and processes
• Maintain relationship-specific contingency and business continuity plans
• Stay current on evolving BaaS, banking, regulatory, and third-party risk trends

• Bachelor’s degree in Business, Finance, Risk Management, or a related field
  , or equivalent relevant experience
• 5+ years of experience in risk management, financial analysis, compliance, banking, or financial services
• Strong financial and analytical skills with the ability to interpret data, identify trends, and communicate what matters
• Understanding of operational, third-party, regulatory, and financial risk
• Strong Excel skills and comfort working with reporting tools, dashboards, and data
• Ability to evaluate complex situations and turn findings into practical, solution-oriented recommendations
• Strong communication skills and confidence working with senior leadership, external partners, and legal counsel
• Experience with Banking as a Service (BaaS), third-party financial services relationships, or partner oversight is a plus

We invest in our people because we know our people make the difference.

• 11 Paid Holidays
• PTO-22days of accrued paid time off
• Comprehensive Health, Dental, Vision Insurance & More (100% of employee premium paid for Health & Dental by bank).
• 401(k) with Employer Match
• Positive, team-oriented culture that values growth and fun
• Professional development opportunities and exposure to emerging fintech practices

About MRV Banks

Founded in 2007 in Ste. Genevieve, MRV Banks has grown through a
get-it-done, relationship-focused approach
to banking. With locations in Cape Girardeau, Festus, and St. Charles, we’re proud to be a community bank with a
growth mindset
and
solution-oriented team
that goes the extra mile for our customers and each other.

We empower people to accelerate their financial goals through
imaginative, long-term banking relationships
—and we believe that
happy, talented employees
are the foundation of that mission.

Our employees appreciate that we promote internally and are involved in our communities.

Equal Opportunity Employer

MRV Banks provides equal opportunity and advancement to all qualified employees and applicants, without regard to race, color, ancestry, national origin, sex, gender (including pregnancy), gender identity, sexual orientation, religion, disability, military or veteran status, or any other legally protected status.

Applicants must successfully pass a background, credit, drug, and reference check.
No external recruiters or agencies, please.

We love hiring great people from our communities! To be considered, you’ll need to be authorized to work in the U.S. without the need for visa sponsorship now or in the future. You will also want to live in our community.