Director, Enterprise Risk Management
About The Position
The Director of Enterprise Risk Management (ERM) is a senior leadership role responsible for overseeing First Command’s ERM risk management function. Reporting directly to the Senior Vice President, Chief Risk Officer (CRO), this position plays a critical role in establishing strategy, governance, and enterprise-wide integration of risk management best practices. The ERM team also serves as the primary champion of risk management at strategic levels and will be responsible for building a risk-aware culture that improves decision-making, enhances resilience and the ability to respond to uncertainty, strengthens governance and stakeholder confidence and optimizes operational efficiency. The Director leads a team of professionals and collaborates closely with senior leadership and control functions to ensure the organization operates within its defined risk appetite. This role requires strategic vision, deep regulatory expertise, and strong leadership capabilities to drive effective risk governance and continuous improvement.
Requirements
- Bachelor’s degree in finance, Economics, Business Administration, or related field required.
- 7+ years or more of experience in enterprise risk, compliance risk, operational risk, or a related quantitative discipline within financial services required.
- Extensive knowledge of risk management principles and practices, and regulatory requirements.
- Strong analytical, decision-making, and communication skills, with the ability to translate complex risk concepts into actionable insights.
- Highly effective in building relationships with senior business leaders and in leading a team in a collaborative and value-added approach.
- Deep understanding of financial markets, regulatory frameworks, and enterprise risk management methodologies.
- Must be a self-starter capable of using sound logic and analytical abilities to accurately complete all required job functions.
- Must have effective project management skills.
- High level of integrity and professional ethics.
- Must use sound judgment in handling confidential and/or sensitive information.
- Extensive knowledge of Microsoft Office365, risk management software and other related IT systems.
Nice To Haves
- Master's degree preferred.
- Professional certifications in Risk Management are preferred.
Responsibilities
- Develop, implement, and maintain the ERM framework, policies, and procedures.
- Identify, assess, and monitor enterprise risks, including strategic, operational, financial, and regulatory risks.
- Collaborate with business units to align risk management strategies with business objectives and risk appetite.
- Provide risk management advice and training to business units to promote a risk-aware culture.
- Prepare and deliver regular reports to the CRO and senior leadership on compliance and operational risk matters.
- Monitor and report on the effectiveness of risk management activities and make recommendations for improvement.
- Ensure compliance with regulatory requirements related to risk management.
- Lead risk assessment and scenario analysis exercises.
- Assist the CRO with external stakeholders, including regulators and auditors, on risk management matters.
- Serve as a key advisor to the CRO on trend spotting, emerging enterprise risks, regulatory changes, and mitigation strategies.
- Support the CRO in maintaining a strong risk governance structure, including representing risk management on various committees and working groups.
- Support the CRO with the development and delivery of training programs to promote a strong risk and compliance culture across the organization to ensure employees understand their role in managing compliance and operational risk.
- Provide subject matter expertise during product development, process changes, and strategic initiatives.
- Lead, mentor, and develop a high-performing team of enterprise risk professionals by setting clear objectives, providing continuous feedback, supporting professional growth, and fostering collaboration across risk and control functions.
- Supervise all job activities of the ERM Analytics Lead
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What This Job Offers
Job Type
Full-time
Career Level
Senior
