Director - Enterprise Risk Management

Golden 1 Credit Union•Sacramento, CA

3d•Hybrid

About The Position

Golden 1 Credit Union is seeking a strategic and collaborative risk leader with deep expertise in Enterprise Risk Management, risk governance, and regulatory compliance. The ideal candidate will excel at identifying and managing enterprise and emerging risks, building strong risk frameworks, and translating complex risk information into actionable insights for executives and boards. This role involves fostering a strong risk-aware culture, driving continuous improvement, and partnering across the organization to integrate risk management into business strategy and decision-making.

Requirements

Bachelor’s Degree in Risk Management, Finance, Business Administration, or related field required
10+ years relevant experience in enterprise risk management in a financial institution or comparable experience required

Nice To Haves

Experience developing and managing a enterprise risk management program is strongly preferred

Responsibilities

Develop and maintain the Enterprise Risk Management framework, ensuring alignment with organizational objectives and regulatory requirements.
Continuously improve enterprise risk management processes and methodologies.
Establish and monitor the risk appetite framework, ensuring it is integrated into strategic planning and decision-making processes.
Execute activities supporting the risk appetite framework, including monitoring risk levels, assessing risk exposures, and implementing risk mitigation strategies to ensure alignment with board-approved risk appetite.
Lead the identification, assessment, and prioritization of enterprise risks.
Develop and implement risk mitigation strategies and action plans.
Oversee risk identification activities and processes that continuously identify threats and vulnerabilities, to determine the Credit Union’s enterprise risk profile.
Develop and maintain a detailed enterprise-wide risk taxonomy.
Identify and monitor top and emerging risks that could impact the organization.
Work with internal stakeholders to develop strategies to address these risks and ensure they are communicated to senior leadership and the board.
Continuously improve the Credit Union’s ability to identify, assess, prioritize, and mitigate risk throughout the organization and create recommendations on how to integrate controls as part of daily operations.
Develop risk management tools, practices, and policies to analyze and report enterprise risks, and to manage risks according to an enterprise risk management framework.
Establish and maintain appropriate policies, standards, and procedures to support the enterprise risk management program.
Promote a culture of risk awareness through effective training, communication, and engagement with all levels of the organization.
Lead initiatives to embed risk management principles into the organization’s culture, ensuring employees understand and embrace risk considerations in their daily activities.
Tactfully yet assertively challenge assumptions and perspectives on risks throughout the organization.
Recommend improvements to policies, procedures, and practices to reduce costs, improve internal controls and/or drive efficiencies.
Engage with senior leadership and provide actionable insights and recommendations based on risk analysis.
Provide key inputs to risk oversight committees, including creating and updating risk management reports and presentations on the evaluation of the enterprise risk management program effectiveness, level and direction of risks, key and emerging risks, and status of previously identified risk and control issues.
Participate in board, management, and committee meetings, as required.
Develop standardized metrics and reporting to enable continuous monitoring against program goals.
Identify and implement improvements which support the overall maturity and growth of the enterprise risk management program.
Prepare and deliver executive-level presentations.
Coordinate and collaborate with line of business and support functions (e.g., Operational Risk, Information Technology, Information Security, Legal, Compliance, Privacy, Physical Security, and Finance, Enterprise Project Management Office, among others), to integrate the enterprise risk management operating framework across all areas of the credit union.
Maintain current knowledge of enterprise risk management industry trends, best practices and techniques that can be practically applied at Golden 1.
Partner with external agencies and peer companies to coordinate information exchange and leverage best practices.
Perform other duties as required to support the enterprise risk management program and the business, such as developing ad-hoc analysis, performing deep dive investigations, or driving specific risk initiatives.