Manager, Risk Management

SchoolsFirst Federal Credit Union•Tustin, CA

About The Position

We’re always looking for diverse, talented, service-oriented people to join our exceptional team. Manager, Risk Management The pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity. Pay Range: $129,880.00 - $214,303.00 Scheduled Weekly Hours: 40 What You’ll Be Doing Responsible for the management of the organization's Enterprise Risk Management program in which risks (e.g., Operations, Compliance, Information Technology, Vendor) and controls within business units are identified and documented and recommendations of enhancement to improve the effectiveness of risk management efforts across the organization are communicated. Oversees and provides direction to departments regarding risk exposure by participating in risk assessments, analysis of process work flows, procedure review, monitoring risk measures to identify potential gaps and weaknesses in order to submit recommendations for change. Follows up with business units to ensure resolution or escalation of identified risk gaps occurred. Conducts risk analysis throughout the organization to ensure risk data is captured, risk mitigation strategies and controls are developed, and appropriate reporting mechanisms are in place for each business unit. Oversees the implementation and administration of the risk management software system and program to implement a qualitative and quantitative risk analysis approach, identify potential issues and recommend changes to senior management in support of organizational goals and objectives. Interprets findings and assists with the creation of individualized action plans for gaps or issues of concern or exposure. Produce summaries reflecting relative risk rakings, background and status. Manages the communication of the Risk Management program mission and value proposition to business units and establish productive working relationships with business unit leadership team responsible for risk related activities. Oversees the development /processes and procedures by which risks can be identified, assessed, tracked and communicated to all appropriate stakeholders on a recurring basis. Responsible for the development of an operational model validation process to ensure alignment with the Capital Plan. Responsible for the annual Risk Management schedule in collaboration with Internal Audit and Compliance to avoid any duplication of efforts and provide clear direction to management and leadership of scope for the year. Develops and implements key performance metrics to measure and monitor risk levels and trends and ensure that documentation and design controls are appropriate for business unit. Partners with audit and compliance to review and record credit union practices and the development of policies and procedures for loss prevention and risk controls. Additional Job Functions Provides daily support to staff, including answering questions and problem resolution, communicating job expectations; planning, monitoring, and appraising job results; training, coaching, counseling, and disciplining employees; developing, coordinating, and enforcing systems, policies, procedures, and productivity standards. Accomplishes financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures and analyzing variances. Contributes to organizational goals and priorities as a member of Management team. Establishes and implements plans that have short-term (1-2 year) impact on business results in alignment with organization objectives. Evaluates operating procedures and policies, ensuring the highest levels of Member service, productivity and internal control. Initiates, researches, coordinates and implements department or division projects intended to benefit Members, internal teammembers or department operations. Ensures compliance with state and federal laws as well as any other applicable regulations. Understands the credit union organizational goals and key performance indicators and takes the necessary actions to achieve desired results. Performs other duties as assigned Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions

Requirements

High School Diploma or GED required
Bachelor's Degree or equivalent years of experience preferred
5-7 years of previous related experience required
1-3 years previous management experience required
Experience in enterprise risk management, audit, financial services compliance, credit union / bank operations, process engineering or risk management within the financial services industry.
In-depth knowledge of risk management tools.
Knowledge and familiarity with Information Security and other IT applications.
Project management experience.
Strong quantitative research and analysis skills combined with analytical inquisitiveness and problem solving ability.
Ability to review large data sets and identify key data issues clearly and draw meaningful conclusions.
Communicate effectively verbally and in writing.

Responsibilities

Responsible for the management of the organization's Enterprise Risk Management program in which risks (e.g., Operations, Compliance, Information Technology, Vendor) and controls within business units are identified and documented and recommendations of enhancement to improve the effectiveness of risk management efforts across the organization are communicated.
Oversees and provides direction to departments regarding risk exposure by participating in risk assessments, analysis of process work flows, procedure review, monitoring risk measures to identify potential gaps and weaknesses in order to submit recommendations for change.
Follows up with business units to ensure resolution or escalation of identified risk gaps occurred.
Conducts risk analysis throughout the organization to ensure risk data is captured, risk mitigation strategies and controls are developed, and appropriate reporting mechanisms are in place for each business unit.
Oversees the implementation and administration of the risk management software system and program to implement a qualitative and quantitative risk analysis approach, identify potential issues and recommend changes to senior management in support of organizational goals and objectives.
Interprets findings and assists with the creation of individualized action plans for gaps or issues of concern or exposure.
Produce summaries reflecting relative risk rakings, background and status.
Manages the communication of the Risk Management program mission and value proposition to business units and establish productive working relationships with business unit leadership team responsible for risk related activities.
Oversees the development /processes and procedures by which risks can be identified, assessed, tracked and communicated to all appropriate stakeholders on a recurring basis.
Responsible for the development of an operational model validation process to ensure alignment with the Capital Plan.
Responsible for the annual Risk Management schedule in collaboration with Internal Audit and Compliance to avoid any duplication of efforts and provide clear direction to management and leadership of scope for the year.
Develops and implements key performance metrics to measure and monitor risk levels and trends and ensure that documentation and design controls are appropriate for business unit.
Partners with audit and compliance to review and record credit union practices and the development of policies and procedures for loss prevention and risk controls.
Provides daily support to staff, including answering questions and problem resolution, communicating job expectations; planning, monitoring, and appraising job results; training, coaching, counseling, and disciplining employees; developing, coordinating, and enforcing systems, policies, procedures, and productivity standards.
Accomplishes financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures and analyzing variances.
Contributes to organizational goals and priorities as a member of Management team.
Establishes and implements plans that have short-term (1-2 year) impact on business results in alignment with organization objectives.
Evaluates operating procedures and policies, ensuring the highest levels of Member service, productivity and internal control.
Initiates, researches, coordinates and implements department or division projects intended to benefit Members, internal teammembers or department operations.
Ensures compliance with state and federal laws as well as any other applicable regulations.
Understands the credit union organizational goals and key performance indicators and takes the necessary actions to achieve desired results.
Performs other duties as assigned
Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions