Risk Management Specialist

Capital Credit Union•De Pere, WI

3d•Hybrid

About The Position

Upholds the Credit Union’s mission of “We do the right thing one member, one employee, and one experience at a time to strengthen the communities we serve” by assisting with the Credit Union’s Vendor Management, Business Continuity, and Internal Audit Programs. This includes assisting with the credit union’s overall compliance with applicable state and federal rules, regulations and statutory requirements. The Risk Management Specialist will assist with the primary duties and responsibilities listed below. The Risk Management Specialist should be conscious of streamlining efforts, cost effectiveness, safety and soundness, and proper maintenance of the internal control structure. Service Standards Exhibit member advocacy by practicing an open-door policy for employee/member requests, questions or situations. Listen to requests and show concern for inquiries. Answer inquiries in a timely manner and ensure they are fully resolved. Keep information confidential at all times. Reporting Relationship The Risk Management Specialist position will report to the Security Assurance Officer. The Risk Management Specialist position will be of sufficient rank/level and authority to carry out the duties assigned and provide for proper reporting of matters requiring management’s attention and to ensure that agreed upon appropriate corrective action is implemented. Access to Records, Personnel, and Facilities The Risk Management Specialist shall have reasonable access to all credit union activities, records, property and personnel necessary to fulfill the duties and responsibilities of the position.

Requirements

Associate or Bachelor’s Degree in Business Administration or related field preferred and/or two+ years previous experience in a financial position preferred with a high level of knowledge of products, services and procedures in a financial environment.
Must have completed, or agree to complete, ongoing risk management training. This training may include certification programs in Vendor Management and Business Continuity Planning.
Understanding of the laws, regulations, and regulatory process of credit unions is helpful.
Broad knowledge of, and practical experience with, Credit Union or other financial institution operating areas, functions, products and services.
Proficient in Microsoft Office Products such as Word, Excel, and Outlook.
Well organized, efficient, self-starter able to work independently.
Ability to focus on a task and be detail oriented to generate accurate and precise work.
Excellent analytical skills and the ability to conduct thorough research and to interpret and understand laws and regulations.
Provide workable recommendations and solutions to problems.
Ability to simultaneously handle multiple tasks and changing priorities in an efficient and effective manner.
Excellent oral and written communications skills.
Ability to work with all levels of management and credit union staff, as well as members.
Possess valid Driver’s License for occasional travel to branches, meetings, seminars, etc.
Prolonged sitting or standing
Frequent mental and visual concentration
Minimal lifting of up to 25 pounds

Responsibilities

Assist in managing the credit union’s Vendor Management Program including third party vendor due diligence, risk assessments, contract reviews, ongoing monitoring, and reporting.
Work with vendors to collect annual due diligence packages.
Assist with due diligence and contract reviews of potential new vendors.
Assist in managing the credit union’s Business Continuity Program and coordinating annual business continuity plan updates for all departments.
Assist with triage communication for emergency situations, system outages, etc.
Assist with updating and maintaining the Vendor Management, Internal Audit, and Business Continuity software programs Nvendor, Nfindings, and Ncontinuity.
Conduct system user reviews, enforce user access standards, and track exceptions.
Conduct regular review and monitoring procedures and activities for credit union functions as assigned.
Update the Security Assurance Procedures Manual as changes are made to processes and procedures.
Assist with validating resolutions to recommendations from auditors, regulators, and examiners.
Assist the Security Assurance Officer, external auditors and regulatory examiners during audits/exams as necessary.
Actively attend training sessions assigned by the Security Assurance Officer.
Complete special projects, research, analysis and other duties as assigned.
Assists with the development, review and recommendations of risk-based changes, to credit union policies and procedures for compliance with applicable regulatory laws, rules and regulations.
Participate in new product development and project meetings to provide input regarding risk concerns relevant to proposed and current products and services offered by the credit union.