Manager of Enterprise Risk Management - FT
About The Position
The Manager of Enterprise Risk Management (ERM) oversees Veridian Credit Union’s enterprise-wide risk management program, third-party/vendor management framework, and business continuity/disaster recovery (BCP/DR) program. The position ensures risks across business units are identified, assessed, monitored, and reported, and manages the vendor lifecycle process. This is a hybrid position requiring work at the Northeast, Iowa location two days per week. The job operates in a professional office environment and routinely uses standard office equipment. Limited travel is expected. The role also leads and mentors a team supporting ERM, vendor management, and BCP/DR activities; attends Audit and Risk and Governance, Risk, Compliance and Management (GRCM) Committee meetings; and provides coaching, sets expectations, and supports team members’ development. The position participates in hiring and onboarding and makes decisions that support members, the department, and the organization financially and strategically.
Requirements
- Bachelor’s degree in business or another relevant field.
- At least 5 years of work experience with a financial institution or equivalent.
- Fluent computer skills in a Microsoft Windows environment.
- Oral and written communication skills.
- Member service focus.
- Attention to detail and accuracy.
- Positive attitude that supports a team environment.
- Dependable and punctual, with flexibility during peak times.
- High level of confidentiality.
- Organizational skills.
- Self-motivation and ability to work without close supervision.
- Problem-solving and analytical skills.
Nice To Haves
- Risk and/or vendor management experience.
- Management experience.
Responsibilities
- Lead the ongoing development, implementation, and maintenance of the ERM framework, policies, and procedures in alignment with the VCU strategic plan and regulatory guidance.
- Facilitate the identification, assessment, and prioritization of risks across business units, including compliance, credit, interest rate, liquidity, non-public data, operational, reputation, strategic, and transaction risks.
- Partner with senior leadership, business units, and the Board to annually assess and enhance risk appetite statements as needed.
- Assess and recommend actions to mitigate and manage identified risks.
- Prepare quarterly ERM reports and monitor and enhance key performance indicators as needed.
- Support internal audits, regulatory examinations, and external assessments by providing risk-related documentation and responses.
- Promote staff risk awareness through training, workshops, and communication strategies.
- Oversee the VCU third-party/vendor management program to ensure compliance with regulatory guidance and internal policies.
- Manage the vendor lifecycle, including due diligence, contract negotiation review, performance monitoring, and renewal or termination processes.
- Conduct risk assessments on new and existing vendors and outsourced activities, ensuring appropriate controls and oversight.
- Monitor vendor performance against service level agreements (SLAs) and escalate issues as needed.
- Lead and coordinate BCP/DR programs, including risk assessments, testing, documentation, and updates, to support organizational resilience and readiness for disruptions.
- Lead and mentor a team supporting ERM, vendor management, and BCP/DR activities.
- Attend Audit and Risk and GRCM Committee meetings.
- Provide ongoing coaching to team members, encourage personal, professional, and career development, and clearly define expectations.
- Interview and hire qualified applicants for position openings; provide initial orientation and ongoing support on the organization’s mission, vision, values, and leadership culture.
- Plan and prepare for the future by being open-minded, perceptive, and proactive, and make decisions that support members, the department, and the organization financially and strategically.
- Ensure security measures are in place and followed regarding PCI and other highly secure data compliance requirements.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
