Vice President - Enterprise Risk Management

Amplify Federal Credit Union Austin, TX
THE ROLE

Responsible for developing, implementing, and maintaining an enterprise risk management program in order to support the strategic initiatives of the Credit Union. This includes monitoring, measuring and mitigating operational and strategic risk throughout the organization.

Works with Amplify Executive Leadership to develop strategic and tactical plans to advance the mission and strategic plans of Amplify Credit Union.

THE RESPONSIBILITIES

Achieves a deep understanding of the credit union strategy; aligns risk assessments with business units and functional objectives to promote thinking about risk from both an operating and strategic perspective

Manages the identification and assessment of enterprise risks, including strategic, operational, and key initiative risks, and works with the appropriate functional risk units and project teams to balance these risks with rewards; develops action plans to enhance the probability that desired objectives will be achieved

Drives the risk assessment process associated with emerging risks and strategic decisions across the enterprise to ensure enterprise risks are monitored as conditions change

Establishes collaborative relationships with key business owners to assist in the development, assessment, and monitoring of mitigation plans for enterprise risks to ensure all risks are managed to an acceptable level

Leads all risk assessment sessions related to key credit union products and projects to identify any project risks early in the process, minimizing surprises and increasing project efficiency

Enhances Enterprise Risk Management policies, practices, and tools to analyze and report enterprise risks and to manage risks according to the enterprise risk management framework

Develops risk profile reports for each risk unit, analyzes risk information, and issues the official risk summary report on a regular basis

Maintains ERM documents and policy changes, periodic core data updates (financial data, external factors, policy, vendors, etc.), risk matrix audits, etc.

Educates Board, Management and Audit Committee on risk and risk management concepts

Upholds credit union policies and procedures and champions organizational culture both internally and externally

Supervisory Responsibilities

Manages subordinate levels of management employees and individual contributors within all facets of Enterprise Risk Management. Carries out supervisory responsibilities in accordance with the credit union's policies and applicable laws. This position is responsible for the overall direction, staffing levels, evaluations, training and development of these departments.

Responsibilities include interviewing, hiring, and training employees; maintaining attendance records in automated timekeeping system; leading monthly departmental meetings; scheduling, planning, assigning, and directing work; appraising performance; completing annual salary reviews; updating job descriptions as needed; creating and administering performance plans; tracking individual incentives; rewarding, motivating and disciplining employees; addressing complaints and resolving member and departmental issues.

Maintains ongoing communication with Executive Vice President, informing him/her of all pertinent problems, irregularities, new developments, changes, and other important information within area of responsibility. Holds departmental meetings and one-on-one meetings with team members on a regularly scheduled basis.

Job Requirements

THE QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

Bachelor's degree in Finance, Accounting, Math, Statistics or related field from a four-year college or university (or equivalent related experience); minimum of 5 years working in financial services and minimum of 10 years in risk management, including direct supervision and management of risk management, compliance and audit teams.

Certificates, Licenses, Registrations

Must be bondable by a credit union. The following certifications are preferred: CMA – Certified Management Accountant, CPA – Certified Public Accountant, CIA – Certified Internal Auditor, CRMA – Certification in Risk Management Assurance

Software & Equipment Requirements

To perform this job successfully, an individual must have knowledge and be proficient in the use of a personal computer and MS Office software.

Other Qualifications

Must possess strong knowledge of NCUA and Texas Credit Union Department rules and regulations, as well as other laws and regulations relevant to financial services.

Should be proficient in drafting Standard Operating Procedures, Practices, Guidelines and other forms of professional correspondence that deal with complex regulatory, or compliance issues.

Must be able to communicate complex issues in a clear and concise manner; must be fully proficient in creating reports and charts related to risk management.

Location

This position is located in our offices at Parmer Lane and MoPac Expressway (Loop 1). Click here to view the location.

Starting Pay

Starting pay is commensurate with experience. This position is eligible for an annual bonus.

Benefits

Amplify offers employees many benefits, including: medical/dental/vision insurance, flexible spending accounts for medical and dependent care, company-provided life and disability insurance, 401(k) plan with matching contributions, fully funded pension plan, profit sharing, paid time off, paid time off to volunteer in the community, paid holidays, discounted gym membership, tuition reimbursement, dry cleaning concierge service, on-site workout room, food truck Fridays, and a friendly, open work environment. To learn more about our benefits, click here or on the Benefits link in our career site.

Team Member Testimonials

Click here to read about some of your potential coworkers and why they enjoy working at Amplify, or check out these videos:

Longevity @ Amplify

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Equal Employment Opportunity

AMPLIFY is committed to providing equal employment opportunities (EEO) to all applicants without regard to race, color, religion, gender, genetics, sexual orientation, national origin, age, disability, or status as a covered veteran in accordance with applicable federal, state and local laws.