Director of Risk

Job Description

Job Description

The Director of Risk oversees enterprise risk management (ERM) at the Credit Union. Reporting to the SVP of Administration / Risk, this role is responsible for identifying, assessing, measuring, monitoring, and mitigating risks. In collaboration with management and the board of directors, ensures that the Credit Union's risk management program promotes a culture of risk awareness and compliance with laws, regulations, and regulatory guidance.

Responsibilities :

• Oversees the Credit Union's enterprise risk management program pursuant to National Credit Union Administration and other financial regulatory guidance, with a focus on credit risk, interest rate risk, liquidity risk, transaction risk, compliance risk, strategic risk, and reputational risk.
• Leads risk identification and assessments, compilation of risk registers and key risk indicators, and monitoring of the Credit Union's risk profile.
• In collaboration with Credit Union leadership, develops risk tolerances, monitoring, and mitigation that are in alignment with the Credit Union's strategic plan.
• Recommends and / or initiates appropriate techniques to minimize loss such as avoidance, mitigation, transfer and acceptance.
• Creates and presents level-trend-peer risk reports to Credit Union leadership, committees, and the board of directors.
• Serves as a key contact for audits, consultants' reviews, and regulatory examinations. In collaboration with the audit function, monitors Credit Union responses to related findings and recommendations.
• Fosters a risk-aware culture, including functioning as department liaison and consultant on risk management education, effective risk-taking, change risk management, and project risk management.
• Participates in researching and responding to member inquiries, complaints, and situations.

Requirements :

Schedule : Full Time, 40 hours / week.

RFCU offers a comprehensive benefits package, including Cigna medical benefits, dental benefits, vision benefits, a 401(k) plan with company match and profit-sharing potential, flexible health and dependent care plans, and life, AD&D, and LTD insurance. We also provide a generous and flexible tuition reimbursement program, along with a PTO package designed to help employees recharge and enjoy time with family and friends.

Rockland Federal Credit Union is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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