VP of Risk Management

POSITION SUMMARY

The Vice President of Risk Management is responsible for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor Verve, a Credit Union's operational and strategic risk. The VP will lead multiple teams including Compliance, Fraud, Collections, Information Security and Internal Audit.

The VP will also serve as the Information Security Officer (ISO) and is responsible for overseeing and reporting on the management and mitigation of information security risks across the credit union.

They convey a strategic risk management vision and effect long-term, strategic change. They work in close coordination with executive management, the Board and Enterprise Risk Management Committee.

POSITION RESPONSIBILITIES

• Provide leadership in alignment with the organizational values and a strong focus on servant leadership.
• Navigate conflict and mediate conversations to agreeable and appropriate outcomes with executives, examiners, and other stakeholders.
• Develop and oversee a comprehensive risk program that operates within the credit union's risk appetite and regulatory requirements and supports the strategic direction of the credit union.
• Ensure our Enterprise Risk Management (ERM) framework and organizational compliance with all applicable laws and regulations (including but not limited to, Bank Secrecy, Anti-Money Laundering, Office of foreign Assets Control regulations, Office of Credit Unions and NCUA regulations) and related credit union policies.
• Prepare and bring forward, data, knowledge, and analysis to support and execute recommended actions.
• Responsible to assess the current state, analyze future risks and opportunities, make recommendations for remediating risk-related issues in the context of strategic objectives, the regulatory landscape, information security and the broader economy.
• Responsible for ongoing monitoring, reviewing, and reporting of multiple project risk assessments and risk management process cycles (board policy/policy governance, insurance reviews, in-house risk assessments, vendor risk management, etc.) as well as regulatory exam cycles.
• Provides counsel to business unit managers on risk management issues.
• Develop, recommend, and maintain risk management-related vendor relationships that deliver service, and products to meet financial institution and customer objectives.
• Provide coaching and training to staff on risk management functions and tools.
• Manage member complaints filed with the DFI.
• Manage member lawsuits.
• Other duties as assigned.

EDUCATION AND EXPERIENCE

• Bachelor's degree (B.A.) in related field required.
• Master's degree in related field preferred.
• Five to ten years of similar or related experience
• A combination of education and experience will be considered.
• Five years of experience working directly with examiners in a credit union environment

KEY COMPETENCIES

• Substantial knowledge of business accounting functions.
• Possess the skills of a capable project manager.
• Exceptional communication skills are required.
• Ability to manage multiple projects and tasks with efficiency.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

• Work Environment: Business office, the noise level in the work environment is usually quiet to moderate.
• Physical Requirements: Ability to sit or stand at a desk much of the workday; talk or hear; stand or walk occasionally. While performing the duties of this job, the team member typically utilizes a computer, keyboard and phone. May occasionally reach with hands and arms; stoop, kneel, and crouch. The team member may occasionally lift and move up to 30 pounds.

Verve, a Credit Union is an Equal Opportunity employer. Minorities, women, veterans and individuals with disabilities are encouraged to apply.

Bachelors (required)

5 - 10 years: * Bachelor's degree (B.A.) in related field required. * Master's degree in related field preferred. * Five to ten years of similar or related experience * A combination of education and experience will be considered. * Five years of experience working directly with examiners in a credit union environment (required)