Director of Corporate Risk Management

Close Date: January 31st, 2012 or as soon as a qualified candidate is found

Oregon Community Credit Union has an opening for a Director of Corporate Risk Management in our Eugene Corporate Offices. A Director of Corporate Risk Management provides strategic enterprise risk management leadership to the organization to ensure the Credit Union is managing risk in relation to long term goals and is taking proper precautions to mitigate risk and meet regulatory and compliance requirements. Leads risk minimization programs to protect long-term profitability and financial success of the Credit Union. Provides development opportunities to direct staff and supports a stable Credit Union risk management culture. Is a member of the Senior Management Team.

Location: Eugene

Pay: $70,000 to $105,000 Annually, commensurate with experience

Responsibilities:

  1. Risk Assessment. Assist business units throughout the organization with risk evaluation/analysis pertaining to new and existing products, services, technology, and operational infrastructure. Address current and emerging risks and ensures suitable and timely risk remediation. Prepare formal risk assessments to be submitted to the Senior Management Team. Coordinate risk mitigation implementation efforts with affected departments as necessary.
  2. Risk Management. Responsible for hiring, leading, scheduling, developing, coaching, and assessing team members, including managers and/or supervisors. Insure that workload is distributed appropriately so that work is completed on time and that appropriate checks and balances are in place. Maintain cross-training to achieve strong back up of duties. Have a strong understanding of risk management responsibilities and able to guide employees to correct procedures and to achieve results. Provide performance feedback that helps employees achieve success.
  3. Compliance Management. Oversee the Compliance management function and ensure all areas of the Credit Union receive sufficient regulatory compliance education, training, testing, monitoring and resources/support. Report compliance related status/results to the Senior Management Team. Maintain an understanding of regulations issued by the NCUA , the State of Oregon, and federal agencies.
  4. Audits and Exams. Ensure the development and implementation of Internal Audit programs with a focus on Risk Management to mitigate future losses and limit areas of exposure in all Credit Union business units. Formulate and complete an annual internal audit plan. Work in partnership with Senior Management Team in responding to internal or external audit firms.
  5. Metrics and Reporting. Analyze, prepare, validate and oversee all of the risk management reporting responsibilities, including reporting within the Department, to the Senior Management Team, the Supervisory Committee and the Board of Directors.  Collaborate with leaders/managers and supervisors throughout the organization to assist the business to maintain effective programs for risk detection/prevention and provide education regarding operational control weaknesses. Assist the business unit leaders to implement effective corrective action and minimize operating losses and legal costs. Provide education in fraud prevention and incident escalation for operations personnel. Recommend operational processes with infrastructure improvements designed to improve member service, increase efficiency and/or curtail staffing/servicing costs while maintaining appropriate internal controls.
  6. Business Continuity. Lead the business continuity planning effort. Organize the Crisis Management Team and support Administrative leadership teams, and department/branch managers and supervisors. Coordinate the written BCP documentation effort and ensure the entire Credit Union has up-to-date and comprehensive policies/plans for business resumption. Ensure that BCP deployment, training, testing and response readiness activities are effective. Coordinate with the IT disaster recovery program.
  7. Vendor Management. Manage the vendor and contract management program across all business units and maintain a regular program of review, including risk-based analysis and response to reports of third party review/examination (SAS70/SSAE16 Review). Conduct vendor analysis and negotiate contracts within areas of responsibility.
  8. Policies and Procedures. Assist in the development of Board and Credit Union policy. Ensure that written documentation and procedures sufficiently describe the complete infrastructure of significant internal controls designed to prudently run the business and comply with applicable laws, rules and regulations.
  9. Budget. Prepare and manage staffing and operating budgets within areas of responsibility.
  10. Other duties as assigned.

Expectations:

  1. Work with Credit Union Senior Management to determine organizational level of risk tolerance.
  2. Optimally manage risk and loss prevention across the organization, deploying effective risk management and loss prevention strategies.
  3. Maintain up-to-date knowledge of general economic conditions or changing trends that may affect the Credit Union and remain abreast of changes and trends in the industry.
  4. Provide timely feedback that allows the Credit Union to react competitively.
  5. Be an effective communicator and maintain strong and effective relationships throughout all levels of the organization including colleagues and the Board of Directors.
  6. Effectively lead staff and build a solid team with integrity and professionalism.
  7. Develop and maintain professional relationships with key contacts in the community such as other financial institution risk personnel, vendors and industry experts.

Experience:

  • Ten or more years of senior risk management experience in financial services.
  • Strong working knowledge of organizational risk management, audit, project management or related experience.
  • Working knowledge of information technology, particularly how systems and applications integrate with business processes and operations (e.g., information technology risks, major system conversions) preferred.
  • Excellent communication skills, including reports; presentations; group facilitation skills; ability to develop professional relationships; and networks internally and externally.
  • Proven ability to partner effectively across all levels of the organization and develop positive working relationships.
  • Demonstrated conceptual thinking and analytical skills.

Education:

Equivalent to a BS in Business Administration, Finance, Accounting or other relevant field of study. Certifications preferred: CERA, CRM, CPA, CIA, CFA, CISA.
 
To see a full job description and to apply online, please visit us at https://www.oregoncommunitycu.org/about-us/careers/director-corporate-risk-management.

Posted in Advocacy News, Around the NW.