Chief Risk Officer Jobs

About The Position

Requirements

• Master’s degree (MS, MBA, etc.) or equivalent.
• Awareness and understanding of financial and investment markets.
• 10–15 years of enterprise risk management experience, with a heavy concentration in investment credit risk management and/or fixed income risk analysis.
• Experience at a rating agency, broker/dealer, regional or multinational bank, or comparable organization, with demonstrated progression in managerial responsibilities.
• Experience creating loan and investment credit analysis protocols, interest rate risk algorithms, and advanced analytics for assessing cybersecurity and other operational risks.

Nice To Haves

• 15–20 years of risk management experience at senior management level, preferably in the enterprise risk management function of a large regional bank or bankers’ bank.
• Strong written and presentation skills.
• Very strong mathematics and statistics skills.
• Extensive knowledge of taxable fixed income investments and consumer loans.
• PhD with a concentration in risk, finance, mathematics, or statistics.
• CFA designation.
• Prior experience with statistical packages.
• Prior experience with credit and interest rate risk models such as Empyrean, QRM, KRM, Bancware, INTEX, KRIS, and/or KVM software.
• Working knowledge of Bloomberg, Word, Excel, and Access.

Responsibilities

• Oversee identification and measurement of risk throughout the corporate credit union, including cybersecurity, operational, strategic, interest rate, investment credit, liquidity, and compliance/legal risk.
• Serve as liaison to the NCUA and coordinate annual examinations.
• Direct the Credit and Balance Sheet Risk Analysis, Enterprise Risk Management, Anti-Money Laundering Compliance, and Facilities departments.
• Oversee investment reviews before purchase, internal credit ratings, and monthly monitoring of investment holdings.
• Oversee measurement and reporting of liquidity, interest rate, and investment credit risk, including model development, risk-to-capital estimates, and limit setting.
• Oversee ERM, enterprise resilience, operations compliance, vendor management, and legal contract and vital records retention programs.
• Ensure enterprise risks, controls, and mitigation plans are documented, including risks associated with third-party vendor relationships.
• Oversee resilience planning and work with business units and IT to update business impact analyses, test plans, strategies, and risk assessments.
• Measure cybersecurity-related risks and participate in the Vulnerability Management Committee; direct outside penetration-testing firms and liaise with internal IT during testing.
• Oversee BSA and OFAC compliance programs, related detection and reporting operations, and policies and procedures supporting FinCEN requirements.
• Oversee headquarters facilities and administrative services, including security, document services, space planning, construction, mail, purchasing, supplies and equipment, shipping and receiving, and lease relationships.
• Participate in the Board-appointed Enterprise Risk Management Committee, Asset/Liability Management Committee (ALCO), and Technology Steering Committee.
• Chair the management-level Operations Risk Management Committee and participate in the Vulnerability Management Committee, Management Investment Credit Committee, Enterprise Resiliency Committee, and 401(k) Advisory Committee as a fiduciary member.

Benefits

• Federal holidays, vacation, sick time, parental leave, and time off for volunteering.
• 401(k) retirement savings plan with matching and company contributions.
• Flexible health and insurance options, including medical, dental, and vision insurance.
• Long- and short-term disability insurance, life insurance, supplemental life and AD&D insurance, and a flexible spending account.
• Family-friendly policies and practices; named “Best Place for Working Parents” since 2021.
• Credit union membership.
• Casual work environment.
• Paid covered parking.
• Onsite fitness facility with showers.
• Access to onsite services including a massage therapist and personal trainer, car wash and detail service, vehicle refueling service, and food delivery service.