Vice President - Enterprise Risk Management
randolph brooks federal credit unionGranite Heights, WI
Vice President - Enterprise Risk Management
randolph brooks federal credit unionGranite Heights, WI
yesterday
Industries
Commercial BankingCredit UnionsSavings Institutions and Other Depository Credit IntermediationAbout the role
The Vice President - Enterprise Risk Management will provide key leadership in identifying, assessing, and managing risk across the Credit Union to ensure the risk exposure is aligned to strategic objectives, risk profile and regulator expectations. This position will collaborate with senior management, business units, and regulators to develop and implement effective risk management frameworks, policies and practices. Essential Functions and Responsibilities: Build and execute on strategy to mature the enterprise risk management program to align with the size, complexity and risk profile of the credit union Coordinate processes that identify, assess, and prioritize enterprise risks that may affect the credit union's performance Prepare and present risk reports to senior leadership, risk committees, and the Board of Directors, including the timely communication of emerging risks, mitigation strategies, and overall risk exposure Responsible for risk related matters in relation to NCUA exams (with CRO) Monitor industry trends and emerging risks to inform ERM program and reporting Lead the processes that maintain the risk appetite framework, ensuring risks are managed within acceptable limits (risk appetite and tolerance) Maintain strong relationships with leaders through the credit union as well as key business units (e.g. legal, regulatory compliance, IT, finance, operations) to ensure a cohesive approach to risk management practices Serve as liaison and support for risk committees Promote a strong risk culture throughout the credit union by developing risk training, participating in risk committees and key risk related initiatives Design and enhance second line oversight and monitoring programs Direct staff and initiatives that support risk management programs including risk governance, third party risk management, model risk management, operational, credit risk management, and financial risk management Monitor operational performance, analyze loan portfolio performance, etc. and engage in discussions with leadership and/or recommend actions in response to identified risks or emerging risk trends Responsible for coordination and management of insurance program Provide coaching, mentoring, and professional development opportunities to direct reports All other duties as assigned (note: essential functions and responsibilities may change, or new ones may be assigned at any time with or without notice)
Requirements:
- Bachelor's Degree
- Minimum of 5 years job-related experienceOR10+ years of job-related experience in lieu of degree
- Minimum 5 years of job-related management experience
- Financial institution industry knowledge
- Strong knowledge of credit risk, credit underwriting, portfolio management, and credit analytics
- Strong analytical skills, excellent communication skillsStrong organizational and time management skillsStrong leadership, staff management, and project management skillsStrong relationship building and problem solving skills
Comprehensive knowledge of regulatory safety and soundness principles for financial institutions larger than $10 billion in assets to include corporate risk governance, credit risk management, model risk management, new products and services management, capital markets, stress testing and capital planning
Financial Risk Manager (FRM, Certified Risk Manager (CRM) or Certified Enterprise Risk Manager (CERP) professional designation is a plusAll qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.
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JOB OVERVIEW
Experience level
Manager
Location
Granite Heights, WI
Occupation
Financial Risk Specialists
Industry
Commercial Banking
Posted
yesterday
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