Risk Manager
: Job Details :

Company Description

STCU is a growing regional credit union that is consistently rated one of the top-performing credit unions in the nation, and we have been named as one of Fortune Magazine's Great Places to Work. We look for employees who have a strong desire to serve others, are lifelong learners, are committed to working hard, have a fun-loving attitude, and who want to make a difference in our members' lives. We love people who share our passion for integrity, service, innovation, education, people, and celebration.

* Paid time off-plus 11 paid holidays!

* Medical, dental, vision and life insurance

* Flexible schedules and remote-work opportunities

* Training and career development

* Success sharing plan

* 401(k) matching contributions

* Tuition reimbursement

An overview of the benefits can be found here.

Salary range: $8,229.33 - $11,521.08 per month

Job Description

The Risk Manager oversees STCU's Enterprise Risk Management, Vendor Management, and Incident Response and Business Continuity programs, managing risk identification, mitigation, and reporting through the GRC system. This position quantifies risk exposures, develops organization-wide risk processes, and delivers reporting. Partnering with leaders, the Risk Manager addresses emerging risks, implements mitigation strategies, and identifies opportunities within the credit union's risk appetite.

Core Job Requirements/Outcomes

* Lead and mentor the Risk Management team by providing training, feedback, recognition and career development.

* Implement robust and structured risk management practices anchored around a centrally established ERM framework, and embed existing, new, or updated ERM principles and capabilities across the company to support a culture of risk by leading the enterprise-wide risk management governance framework, managing policy, risk appetite statements, the identification and reporting of key risks, threshold tolerances and risk capacity.

* Develop, maintain, and train business unit partners on a comprehensive understanding of potential risks, both internal and external, and play a key role in collaborating with business unit partners and risk owners by assessing specific risks and developing mitigation strategies through highly collaborative risk-based assessments and decisions.

* Manage the Vendor Management program by leading a vendor due diligence process and identifying and reporting vendor risks and criticality in line with regulatory requirements and STCU's risk appetite. Engage with vendor owners to provide necessary vendor due diligence information, and conducting and reviewing risk assessments while leveraging software solutions to assess risk and track compliance

Core Leadership Principles

* Lead by example by aligning actions with shared values.

* Embrace and communicate organizational direction by enlisting others in a common vision in support of organization values, goals and decisions.

* Effectively lead organizational change by demonstrating and fostering a growth mindset by inspiring your team to do things differently, seizing opportunities, working through challenges and persevering toward a better future.

* Lead performance by providing direction and delegation to create a climate where people are motivated to do their best.

* Encourage the heart by exhibiting empathy, actively listening and celebrating to cultivate team engagement.

Other Essential Functions

* In partnership with senior leadership, develop, implement, and evolve the ERM framework including effective governance, independence, culture, risk appetite, risk identification, controls, and quantification.

* Manage the full life cycle of a Governance Risk and Compliance software for ERM, vendor management, and business continuity program management, including establishing strategy and partnering with cross-functional users of the GRC software.

* Support business lines in the awareness and ownership of their risk position by providing education of risks, controls, and effective mitigation techniques, while also seeking areas of opportunity and efficiency within the risk appetite.

* Manage effective Incident Response and Business Continuity Programs by designing and leading simulations, leading the Business Impact Analysis, evaluating plan updates and test results, and ensuring identified changes resulting from testing are complete.

* Manage property and casualty and workers compensation policies and the credit union's bond coverage by coordinating the application and renewal process, recommending quality coverage for premium paid, and managing claims.

* Prepare and deliver risk management reports to the Enterprise Risk Management Committee, senior credit union leadership team, and Finance and Risk Committee, incorporating key risk and key performance indicators where available.

* Foster relationships and collaborate with teams across the organization; actively consult on committees and cross functional working groups.

Qualifications

Education: Bachelor's degree in risk management, business administration, management information system, mathematics, finance, economics or a related area preferred. An equivalent combination of experience and education may be considered in lieu of the degree preference.

Certifications: CUERME certification and CRVPM required or must be willing to obtain. ARM, CRM, CRMA or equivalent preferred.

Job Experience: Minimum five years of experience in risk management, audit, compliance, or related roles required, with a strong understanding of regulatory, policy, operational, and internal controls required and in the financial industry preferred. Minimum three years of successful leadership in directing, problem-solving, coaching, and driving change required. Proven experience developing risk programs, policies and procedures, critical thinking and analyzing risks, controls, and data for risk-based decision-making.

Software Skills: Working knowledge of MS Office Software Suite (Word, Excel, PPT, Teams, Sharepoint). Experience with a Governance, Risk Compliance software strongly preferred.

Other Skills: Strong business and financial acumen with exceptional critical thinking and analytical/reasoning skills in identifying the strengths and weaknesses of alternative solutions, conclusions, or approaches to risk issues. Skilled in building relationships across all levels, understanding management objectives, and balancing risk impacts within risk appetite and risk tolerance thresholds. Thrives in hybrid team environments, influencing change through proactive, clear communication and strong organizational and time management abilities. Comfortable working independently or collaboratively to address complex risk issues.

Physical Demands: Must be able to regularly talk, hear and operate a computer, keyboard and mouse and occasionally lift, pull/push and carry up to 10 pounds with accommodations.

Work Conditions: Exposure to constant or intermittent sounds at a low or moderate level consistent with an office setting. Exposure to high-stress, fast-paced, deadline-oriented environment. This position may have the option to work in a hybrid home/office environment.

Other: Perform additional duties as assigned for the efficient operation of the department and the organization. This includes the possibility of being assigned temporarily to other locations.

Additional Information

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