Risk Manager

American 1 Credit Union•Jackson, MI

3d•Onsite

About The Position

The Risk Manager is responsible for all operational activities of the Risk Management department. Responsible for administering and managing the risk management program of the credit union. Includes identifying, assessing, monitoring, and controlling all risks faced by the credit union in its daily operations. Ensures that the credit union complies with all relevant regulatory requirements and industry best practices. Also responsible for training and guiding the credit union's staff on risk management and compliance practices. The Risk Manager helps sustain a culture filled with people who are Focused, Engaged, Trustworthy, Humbly Confident, and driven to Achieve. The Risk Manager collaborates with the VP of Finance, CFO, and other teams to ensure that the credit union's processes for monitoring and controlling enterprise risk are managed, and that policies and procedures are effectively implemented and followed.

Requirements

Bachelor’s degree preferred
Minimum 5 years progressive credit union experience with at least 2 years of relevant risk management function experience, including performing risk assessments and statistical data analysis, and demonstrated strong leadership and communication skills
Strong knowledge of the regulatory environment of financial institutions
Compliance certifications preferred

Nice To Haves

Experience managing successful teams that deliver high-quality results and excellent service
Excellent verbal and written communication skills
Strong analytical, problem-solving, and decision-making skills
Ability to develop and deliver training programs
Working knowledge of PC applications such as Microsoft Office
Ability to work independently or as a collaborative member of a team
Ability to direct other team members and coach others
Knowledge of credit union products, services, policies, core processes, and procedures
Strong knowledge of industry regulations and best practices.
Demonstrated creativity and ability to achieve goals
Ability to provide supervisory leadership of intermediate-level staff
Demonstrated employee-focused strategy skills
Demonstrated skill in gathering, reporting, and summarizing complex data
Ability to make decisions and take initiative in problem resolution
Ability to exercise tact and responsibility in handling confidential information

Responsibilities

Administering and managing the risk management program of the credit union
Identifying, assessing, monitoring, and controlling all risks faced by the credit union in its daily operations
Ensuring that the credit union complies with all relevant regulatory requirements and industry best practices
Training and guiding the credit union's staff on risk management and compliance practices
Collaborating with the VP of Finance, CFO, and other teams to ensure that the credit union's processes for monitoring and controlling enterprise risk are managed, and that policies and procedures are effectively implemented and followed
Managing the risk and compliance operations of the credit union
Managing the monitoring and reviewing of organizational compliance with AML/BSA regulations via systems, reports, and data to identify and report suspicious activity
Managing and maintaining the credit union’s compliance and auditing programs, ensuring adherence to policies and procedures, and updating programs based on regulatory changes
Managing the credit union’s vendor management program
Conducting regular assessments of the credit union's risks and provides recommendations to mitigate or manage those risks
Supporting the Risk team in assessment, reporting, coaching, training, accountability and improvement plan recommendations for the department and individuals as needed
Monitoring the credit union's safety and soundness through loss mitigation, fraud monitoring, and ensuring compliance with all policies and procedures and federal and state laws, rules, regulations, and industry best practices
Preparing and presenting regular risk management reports to Executive Management