VP Enterprise Risk Management

FourLeaf Career • Bethpage, NY

1d • $155,333 - $194,168

About The Position

The Vice President (VP) Enterprise Risk Management serves as business leader responsible for building, enhancing, and scaling the organization’s enterprise‑wide risk program. This role partners supports the FVP Enterprise & Third-Party Risk Management to advance the maturity of the risk framework, strengthen governance, and ensure alignment with strategic objectives and regulatory expectations. The VP leads a growing team charged with building an integrated, forward looking risk discipline that drives transparency, proactive risk identification, and strong oversight across financial, operational, technology, information security, vendor, and strategic risk domains.

Requirements

• Bachelor's degree in risk management, finance, or related field preferred.
• 15+ years of progressive experience in the banking, with deep exposure to risk‑related, control‑focused, or governance‑driven functions.
• 5–7 years of direct risk management leadership experience, overseeing or partnering with multiple risk disciplines such as operational, financial, technology, information security, or third‑party risk.
• Proven success building, maturing, or transforming enterprise risk programs, frameworks, or governance structures in the financial industry.
• Strong understanding of risk governance frameworks, regulatory expectations and industry best practices in the financial industry.
• Deep knowledge of risk management frameworks (e.g., BASEL, COSO ERM, ISO 31000).
• Proficient in Microsoft Office, GRC platforms (e.g., Archer, MetricStream) and other Risk Reporting software required.

Nice To Haves

• Relevant certifications (e.g. CERP, IRM, CERM) are advantageous.

Responsibilities

• Serve as the business leader responsible for the build‑out, maturity, and integration of all enterprise risk programs and GRC ensuring cohesive oversight across financial, operational, technology, and third‑party risk domains.
• Lead, develop and mentor the ERM Team, fostering a collaborative, accountable, and high‑performing culture.
• Act as a trusted advisor to the business units, providing strategic insights, effective challenge, and forward‑looking risk perspectives.
• Support monthly Board and Committee reporting ensuring clarity, accuracy, and executive‑level presentation quality.
• Oversee the enterprise‑wide risk governance framework, including the Enterprise and Third Party Risk Assessments, Risk Appetite, and core governance components such as policies, standards, taxonomies, and risk methodologies.
• Ensure all risk programs and frameworks remain aligned with regulatory expectations, industry standards, and organizational strategy, embedding consistent practices across business units and risk owners.
• Maintain and enhance enterprise‑level visibility through KRIs, dashboards, and thematic reporting to support informed decision‑making.
• Provide oversight for key risk programs including but not limited to the Enterprise, Program and Process-level Operational risk assessments, Technology and Insurance risk.
• Provide oversight of financial risk disciplines, including credit, liquidity, interest rate, and capital risk, ensuring alignment with the organization’s risk appetite and strategic objectives.
• Oversee the development, implementation, and ongoing enhancement of stress testing frameworks, ensuring methodologies are robust, well-governed, and aligned with regulatory expectations and industry best practices.
• Establish and maintain effective model risk management practices, including model validation, performance monitoring, and governance across all material models.
• Provide credible challenge and independent oversight ensuring risk programs effectively identify, assess, monitor and remediate risks across the enterprise.
• Drive integrated monitoring and reporting across all risk domains to ensure timely identification of emerging risks and alignment with the Credit Union’s risk appetite.
• Monitor changes to industry standards, examination findings or regulatory expectations (e.g., Basel, COSO, NCUA, NYDFS, CFPB, OCC) and ensure appropriate implementation and alignment across the Risk Framework and governance documentation.
• Support attestations, internal audits, regulatory submissions, and examinations to ensure compliance and continuous improvement of risk management practices.
• Provide enterprise‑wide oversight to ensure operational, financial, technology, and information security risk functions maintain regulatory readiness and control alignment.
• Oversee enterprise responses to audit and regulatory findings, ensuring timely remediation, sustainability, and cross‑functional accountability.
• Collaborate with the Reportable Events program management on the Credit Union’s Incident, Issue & Losses Program (Reportable Events) ensuring control deficiencies and key risk issues are properly identified, documented, escalated, and remediated.
• Assists in driving cross‑functional collaboration to ensure business areas conduct thorough impact assessments, root‑cause analysis, and corrective action planning.
• Ensure enterprise‑level trend analysis, thematic reporting, and systemic risk insights are developed and shared with senior leadership and relevant committees.
• Maintain governance standards for issue classification, severity rating, escalation protocols, and Board‑level transparency.
• Strengthen operational resilience through continuous refinement of incident response, loss data collection, and post‑incident review processes.

Benefits

• medical, dental, and vision coverage
• life and disability insurance
• voluntary benefit programs
• a 401(k) plan with employer match
• reimbursement and wellness programs
• an annual performance-based bonus
• Competitive 401(k)
• Tuition and fitness reimbursement programs
• Flexible work options
• Volunteer opportunities
• Executive “Water Cooler Chats”
• Clubs, sports, and social events
• Food truck days

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 251-500 employees