Associate Vice President of Risk Management

Title: Associate Vice President of Risk Management

Department: Risk Management

Reports to: Chief Financial Officer

FLSA: Exempt (Starting salary $136,732.13- $151,124.61 plus Stakeholders Annual Incentive Reward)

Job Grade: 16

Job Purpose: The Associate Vice President of Risk Management role exists to cultivate and manage the credit union's Enterprise Risk Management, Compliance, BSA/AML, Information Security, Business Continuity, Physical Facilities and Security programs. The role is responsible for providing strategic direction on recognizing and mitigating risks in order to ensure the financial stability of the credit union.

Essential Job Results:

JOB SPECIFIC RESULTS

1. Manage the credit union's Enterprise Risk Management program, including identifying risks, establishing structures to evaluate risks, and creating risk response plans in order to maximize opportunities for the credit union in a responsible manner.
2. Oversee the BSA/AML program for the credit union. Ensure that all activities related to BSA, AML, OFAC and the USA Patriot Act are implemented effectively in order to identify suspicious and/or fraudulent activity.
3. Ensure that all required training related to BSA, AML, OFAC, the USA Patriot Act and other compliance topics is completed on an annual basis for all employees and Board members.
4. Provide strategic leadership for the Compliance function of the credit union, including departmental compliance issues, adherence to policies and procedures, and communication with the Supervisory Committee as needed.
5. Provide strategic leadership for the vendor management function, including due diligence and contract reviews.
6. Provide strategic leadership for the Quality Assurance department, analyzing trends in errors and communicating with departmental leaders regarding additional training or skills that may be required.
7. Develops effective relationships with all Directors of the credit union in order to provide guidance, regulatory updates, interpretation of applicable laws and regulations, and training as needed to ensure compliance with policies, procedures, laws and regulations.
8. Provide strategic leadership for the Information Security function and the Business Continuity plan. Regularly meet with the Senior Leadership team and departmental leaders to ensure that proper controls are in place to protect member and employee data and that the Business Continuity plan is complete and current.
9. Oversee the Physical Security function for the credit union, ensuring that all buildings are secure for employees and members.
10. Establish and monitor progress toward annual budget for the Risk Management area, including capital expenses, ongoing employee development, operational expenses and projects.
11. Oversee the Internal and External Audit functions for the credit union, ensuring that all areas are audited appropriately. Provide leadership to the Internal Audit team and communicate findings to the Supervisory Committee. Provide guidance to departmental leaders on appropriate responses and corrections to Internal and External audit findings.

GENERAL MANAGEMENT RESULTS

1. Maintains staff by recruiting, selecting, orienting and training employees, maintaining a safe and secure work environment, and developing personal growth opportunities.
2. Mentors staff by providing individual guidance and technical expertise.
3. Supervises the risk management department to conduct random audits of employees' work.
4. Accomplishes staff job results and departmental goals by coaching, counseling and disciplining employees; communicating job expectations; effectively scheduling staff to meet the credit union's needs; planning, monitoring and appraising job results; conducting training; initiating, coordinating, implementing and enforcing systems, policies and procedures; and keeping supervisor updated on issues on a regular basis.
5. Completes operations by developing schedules; assigning and monitoring work; gathering resources; implementing productivity standards; resolving operations problems; maintaining reference manuals; implementing new procedures; keeping supervisor informed of problems and solutions.
6. Maintains department policies and procedures by assessing practices, identifying strengths and weaknesses, and recommending changes to the supervisor.
7. Maintains operations by initiating, recommending, coordinating and enforcing operational and personnel policies and procedures; and coordinating, developing and maintaining comprehensive procedures for each position in the operational area of responsibility.
8. Manages diversity in the workplace by understanding, supporting and practicing equal employment opportunity regulations and participating in all mandatory training regarding this and related topics.

GENERAL STAFF RESULTS

1. Maintains member and employee confidence and protects operations by keeping information confidential and sharing on a business-related as-needed basis only.
2. Engages in problem resolution by clarifying the member's and/or employee's complaint; determining the cause of the problem; selecting and explaining the best solution to solve the problem; expediting correction or adjustment; following up to ensure resolution; and keeping the supervisor informed of problems and solutions.
3. Complies with UKFCU policies and procedures by enforcing and adhering to internal UKFCU procedures and board-established policies.
4. Complies with federal, state and local regulations and legal requirements by enforcing and adhering to requirements.
5. Maintains professional and technical knowledge by maintaining an awareness of competitors' rates and terms, industry trends and technology; attending staff meetings; identifying opportunities to attend seminars that enhance skills and maintain knowledge of new products that could assist in improving operational effectiveness; reviewing professional publications; establishing personal networks; benchmarking state-of-the-art practices; and participating in professional societies.
6. Contributes to a team effort by accomplishing corporate and individual goals and other related results as needed.

KEY COMPETENCIES

• Professionalism in all communications.
• Commitment to the Credit Union movement and philosophy.
• Integrity in all actions.
• Ability to identify the needs of the member and provide services to meet those needs.
• Accountability to established metrics and performance goals.
• Demonstrate the following key leadership attributes: Collaboration and Teamwork, Professional Responsibility, Courage and Respect, Development of the Team, and Planning for the Future.

MINIMUM REQUIREMENTS

• Five to ten years of similar or related experience, including financial data processing systems.
• Bachelor's degree in Business, Accounting, Finance, or related field.
• Experience in Internal Audit and compliance preferred.
• Ability to establish, communicate and monitor performance expectations clearly.
• Ability to collaborate with employees at all levels of the organization in order to identify and implement effective risk management practices.
• Strong understanding of ERM strategies and objectives.
• Strong understanding of BSA/AML/OFAC and USA Patriot Act.
• Ability to interpret laws and regulations in order to clearly communicate the meaning and expectations to others.
• Advanced PC accounting and spreadsheet proficiency, as well as general word processing and computer keyboarding experience.
• Ability to communicate with others one-on-one and in groups, fielding questions and responding to complaints.
• Ability to motivate and influence others, foster sound relationships, present a trustworthy and diplomatic image, and deal effectively with others concerning topics of a personal or sensitive nature.
• Ability to define problems, collect data, establish facts and draw conclusions while dealing with a variety of abstract and concrete variables.
• Ability to write reports, correspondence, policies and procedures.
• Ability to work independently.

PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and stand; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms; and talk or hear. The employee frequently is required to walk and stand. The employee is occasionally required to stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.

WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee will be required to work indoors in a climate controlled office setting. The noise level in the work environment is usually moderate.

MENTAL DEMANDS:

The mental characteristics necessary to competently perform this job include the occasional need to be persuasive, use good judgment; and, the continuous need to use auditory perception, memory, and reasoning ability.

*The intent of this job description is to provide a representative summary of the types of results that will be required of the positions given this title, and shall not be construed as a declaration of the specific responsibilities of any particular position. Employees may be requested to perform job-related tasks other than those specifically outlined in this description.

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UKFCU is an equal employment opportunity employer and is committed to providing employment opportunities to minorities, females, veterans, and disabled individuals. UKFCU invites you to review the current "EEO Is the Law" poster as part of the application process. A link to the most current posters ishere. Please also see the 2015 Supplemental EEO Posterhere.

Applications are only accepted through our online application system. However, if you need assistance with any part of the application process or are unable to apply online because of a medical condition or disability and need an accommodation, please contactrecruiting@ukfcu.orgto let us know the nature of your request. Please note, UKFCU accepts only employment applications that are complete and received by the Office of Human Resources by the specified deadline for each opening.

The Credit Union leadership recognizes that to achieve its vision and mission, it must embed the values of Diversity, Equity, and Inclusion (DEI) in all aspects of the Credit Union's work. Together, the staff, membership and communities are diverse and as such, the Credit Union must reflect and respect that diversity. The Credit Union's leadership recognizes and believes when an organization's leadership and staff are representative of the people that it serves, it can better meet its vision and mission. Further, the Credit Union leadership believes that it benefits when diverse perspectives are represented, respected and included among the discourse and decision-making that takes place at the Credit Union, and with and among its staff, membership and communities.

This position allows for an optional hybrid work arrangement which includes a combination of both in-office and remote work arrangements. To be eligible for the program, employees must complete a minimum of 90 days of continuous, regular employment, be in good standing, and submit a formal hybrid work application prior to being eligible for hybrid work, pending supervisor approval. Work schedules will be established by the employee's supervisor according to business needs. Working locations and schedules may be altered at management discretion.