Manager, Enterprise Risk Management

Description

At Allegacy, there’s a common thread that runs through all of us. It’s our commitment to doing right and our promise to members to always do the right thing for their wellbeing. Every employee in our organization is accountable to living out our brand in meaningful ways as our promise motivates our beliefs, our behaviors, and the benefits we share together.

This position reports directly to the SVP of Risk, Compliance. It is responsible for the analysis, assessment, and communication of enterprise risks. Based on this analysis, with institutional, industry and market intelligence, the position is responsible for making recommendations to senior management and the board of directors regarding risk assessments, risk management, and risk/reward strategies. This position will work together with other business units focusing on supporting risk management, mitigation efforts, risk analytics, and reporting.

Specific Accountabilities

• Deliver outstanding service to both internal and external stakeholders that meets or exceeds our Service Promises.
• We promise to treat you with the respect deserving of a team member.
• We promise to find ways to offer simplicity and convenience.
• We promise to recognize your needs and recommend innovative solutions.
• We promise to ensure the security of financial information.
• We promise to take ownership of your request.
• We promise to express our appreciation for the opportunity to serve you.
• Lead execution of the Enterprise Risk Management (ERM) program to support the Credit Union’s achievement of its strategic initiatives.
• Develop, administrate, and ensure education on the use of ERM software to all end-users, including senior management.
• Provide on-going management and support of ERM software.
• Serve as consultant to departmental business units to identify and collaborate on risks in their areas.
• Work with appropriate business units to develop risk plans for their areas designed to address identified risks, take advantage of opportunities, and deploy risk mitigation strategies.
• Work with the appropriate business units to educate and create risk culture and awareness of risk management in conjunction with the ERM program.
• Provide leadership in existing and emerging risk management activities, including but not limited to the Credit Union’s suite of insurance products, business continuity/disaster recovery, vendor management, and others.
• Develop and maintain risk policies, procedures, and methodology.
• Work closely with Internal Audit to identify organizational risks.
• Analyze and verify information obtained from business units for risk reporting.
• Monitor concentration risk and provide reports to senior management, reporting to management identified/growing risks.
• Maintain Enterprise Risk Reporting with an emphasis on continuous improvement and a focus on business intelligence.
• Provide information to management by assembling and summarizing data, preparing reports/assessments, making presentations of findings, analyses, and recommendations.
• Apply data mining techniques to unstructured data as needed.
• Meet or exceed established service goals.
• Manage special project assignments as requested.

Requirements

Knowledge, Skills, and Abilities:

Strong problem solving, analytical and quantitative skills.

Background in risk and understanding of risk management.

Background in vendor management and the facilitation of a vendor management program.

Strategic view, with strong knowledge of credit union businesses and organization.

Must possess the ability to make quick decisions, strong attention to detail, and commitment to tight deadlines.

Must be a self-starter who can work with minimal supervision, with the expectation of working as a motivated and cooperative team member.

Must possess a high sense of urgency, judgement, and work ethic.

Excellent oral and written communication and report preparation skills required.

Strong team orientation and ability to collaborate effectively in department and cross-departmental efforts.

Demonstrated analytical and financial modeling skills with ability to prepare materials, and presentations that communicate meaningful data and analysis.

Excellent PC skills with a thorough knowledge of MS Excel, MS Access, MS PowerPoint and MS Word with the ability to learn new software products.

Willingness and ability to learn new skills and take on additional responsibilities.

Ability to work overtime, as needed.

Eligibility to be bonded.

Education and Experience:

Bachelor’s degree in Economics, Finance, Accounting, Business or related field

Risk Certification preferable

Minimum 3 years in one or a combination of the following areas: risk management, internal audit, project management, business process improvement, compliance, or accounting/finance

Risk Management experience preferred

Financial institution experience a plus