Enterprise Risk Analyst

Hudson Valley Credit Union•Poughkeepsie, NY

13h

About The Position

Hudson Valley Credit Union is currently recruiting for the position of Enterprise Risk Analyst. The primary function of this role is to monitor and maintain effective enterprise risk processes, including vendor management, insurance coverage and claims, and business continuity resilience testing and program effectiveness. The analyst will be responsible for analyzing vendor management and business continuity processes, actively making recommendations for efficiencies, and utilizing data and reporting functions to summarize and provide purposeful output from the Enterprise Risk Management (ERM) system and program. Additionally, the role involves monitoring the ERM system for proper performance, coordinating system upgrades/changes when necessary, and communicating trending data to management on an ongoing basis.

Requirements

Associate’s Degree or at least 2 years equivalent experience for each undergraduate year not completed; undergraduate degree cannot substitute for minimum number of years of experience in Business, Management, or related field required.
Minimum 2 years experience providing internal and/or external customer support and service required.
Minimum 2 years experience vendor management, business continuity or related experience required.
Minimum 2 years experience demonstrated experience communicating to large groups, internal and external customers, and various levels of management required.

Nice To Haves

Bachelor’s Degree or at least 2 years equivalent experience for each undergraduate year not completed; undergraduate degree cannot substitute for minimum number of years of experience in Business, Management, or related field preferred.
Certified Regulatory Vendor Program Manager (CRVPM) or other related professional certification preferred.

Responsibilities

Manage, monitor and analyze vendor management and business continuity processes, while making recommendations or considerations for improving overall program, workflows and enhancing collaboration with other HVCU departments and external third-parties.
Provide ongoing, effective communication to other departments advocating for a strong risk culture, including peers, management and members of EMC.
Oversee vendor files, contract dates, due diligence tasks, proper onboarding and ongoing monitoring to ensure compliance and mitigate risks to the institution.
Utilize data and reporting functions to summarize and provide purposeful output from the ERM system and our ERM program. Monitor ERM system for proper performance and coordinates system upgrades/changes when necessary.
Review vendor list and vendor documentation to ensure consistency with HVCU Vendor Management procedures while analyzing process, identifying gaps and providing considerations for improvements.
Provide ongoing reports to VP, Director BCP and Third-Party Management, VP, Director of Enterprise Risk, and EVP, Chief Risk Officer/General Counsel, Risk or Compliance Committees which are further utilized for Board reporting, and others as requested.
Ensure all vendor contracts comply with the Credit Union’s procedures, standards for performance and contain appropriate confidentiality and security provisions to protect and safeguard sensitive member information, including evidence of an effective information security program and other related documentation, if applicable.
Manage insurance claim process for accuracy and efficiency.
Responsible for managing and analyzing ongoing Business Continuity tests, and if applicable, initiating the notification system in instances of a real Business Continuity event.
When necessary, conduct or support training on the ERM system.
Support the completion of periodic risk assessments as required by the Credit Union’s ERM system.
Responsible for on-the-job training of Enterprise Risk Administrator. Support Enterprise Risk Administrator in ensuring all tasks are completed effectively in a timely manner.
Adhere to all Credit Union policies, procedures, and regulatory agency requirements.
Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA) and demonstrate attained knowledge.
Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises.
Perform additional duties and special projects as assigned.
Embrace and apply HVCU’s guiding principles to all activities and responsibilities. This includes the Credit Union’s Mission, Vision, Core Values, Employee and Member Value Propositions, Sales and Service Model, and commitment to Lean Six Sigma practices. Support the Credit Union’s initiatives by demonstrating teamwork and professionalism.
Responsible for regular and predictable attendance including punctuality.