If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!

Purpose

Management function which independently leads organizational resources to ensure that risk is being managed and mitigated across the organization and in alignment with strategic objectives. The Chief Risk Officer must maintain a thorough understanding and high-level knowledge of all aspects of risk management along with a general understanding of the governance, legal, public policy, legislative, regulatory and political matters impacting credit unions and the financial services industry. The Chief Risk Officer must also be collaborative, with strong leadership and people management skills. An authentic leader, the individual filling this role must put service to the membership and organization before their own self-interest. Position is responsible for the reasonable assurance that the organization is designing and implementing practices to effectively control and address risk throughout the organization, as defined by state credit union regulators and federal insurance examiners. Position also assures consistency with sound and current risk management best practices.

Duties

Lead the development, implementation and assurance of prudent risk management. Build a culture of risk awareness and work with senior management and the Board Risk Committee to develop strategic goals for SECU, especially in the areas of Enterprise Risk Management, Compliance, and Operational Risk Management.

Provide the organization with the resources, programs and tools necessary to identify risk, develop appropriate response and mitigation strategies, and monitor and communicate the status of critical risks. Develop a Risk Management framework to identify, analyze, respond to and monitor internal and external business risks and opportunities that assist SECU in achieving its 1) mission to provide quality service and to maintain fiscal soundness and 2) strategic goals and objectives.

Lead and provide direct oversight of the Risk Management department, which is composed of the following areas:

Enterprise Risk Management Operational Risk Management, including Issues Management, Risk Control Self-Assessment, Vendor Management, and Business Continuity Compliance Financial Risk Management Model Risk Management Enterprise Fraud

Develop and maintain risk reporting for the Board and Senior Management.

Assist the CEO, Executive Management Team and the Board in monitoring adherence to SECU’s risk appetite and critical risks.

Oversee the resolution of employee investigations, ethics violations, and conflicts of interest issues.

Maintain active working relationships and communications with the NC Credit Union Division (NCCUD), National Credit Union Administration (NCUA) and the Consumer Financial Protection Bureau (CFPB) for all matters pertaining to risk management.

Provide knowledge and resources to the organization to aid in the development of all Board Policies and identification of inherent risks.

Assist the Board and Risk Committee in fulfilling their Risk Management oversight responsibility by implementing regular reporting on risk management activities to the appropriate Board Committees as denoted in Board policies.

Develop and maintain the Model Risk Management function supporting the Capital Planning activity that provides for independent challenge and validations of model development and forecasting.

Coordinate the Risk Management Committee (RMCO) meeting agenda topics and risk discussions.

Accept other duties and responsibilities that are assigned.

Requirements

Must have four-year degree (advanced degree preferred) and at minimum of 10 years of progressive experience in Risk Management with at least 5 consecutive years of experience managing a risk management program for a financial institution.

Professional designation demonstrating competencies in related areas of risk management preferred.

Must be willing to relocate to work in the office in Raleigh, North Carolina; no remote option available.

Thorough knowledge of operational concepts in a credit union.

Highest level of integrity and objectivity to preserve independence.

Must possess strong organization skills and analytical ability.

Dedication to Credit Union philosophy and work ethic.

Excellent communication skills, both written and verbal

Ability to travel when necessary.

Must be able to speak English fluently.

Must be able to cooperate and collaborate with all levels within the organization.

Must be cordial in all interactions with members and co-workers.

Must adhere to the work schedule and attendance policy established by manager.

Job Environment

Office setting with physical proximity to other employees. Some background noise from other employees, copy machine, and telephone.

Physical Demands

Must be able to comprehend and carry out verbal and written instructions.

Job requires a substantial amount of sitting.

Use hands and fingers to press keys on a computer keyboard to enter or retrieve information.

Use hands and fingers to press telephone keypad and lift telephone receiver.

Must be able to comprehend phone calls.

Must be able to lift 5 pounds.

SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.

Disclaimer

State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.