Chief Risk Officer

Lebanon Federal Credit Union; Lebanon (Lebanon County); On-site; USD 150,000 - 280,000; Full time

Benefits offered by this job

Paid holidays

Paid time off

Health insurance

Dental insurance

Vision insurance

Short-term disability insurance

Long-term disability insurance

Life insurance

401k with employer match

Employee loan discount

Job summary

Lebanon Federal Credit Union is seeking an experienced Chief Risk Officer to lead risk management, compliance, internal controls, and audit coordination. The CRO will partner with executives and boards to promote sound decision-making and responsible growth.

The role reports to the CEO and is a key member of the executive leadership team, driving risk strategy across the organization and working closely with department leaders to protect member information and maintain regulatory compliance.

Qualifications

• Bachelor's degree or equivalent in business, finance, accounting or risk management.
• Significant progressive experience in financial services risk management with leadership responsibility.
• Working knowledge of financial institution operations and regulatory environment.
• Strong analytical, organizational and problem-solving skills; ability to exercise sound judgment.

Responsibilities

• Develop and maintain an enterprise risk management program aligned with operations and strategy.
• Lead periodic risk assessments, evaluate controls, identify exposures and prioritize improvements.
• Recommend risk policies, acceptable risk levels, and reporting measures for the Board.
• Partner with departments on business continuity and third-party risk management.
• Review policies and controls to strengthen compliance and operational effectiveness.
• Coach and develop assigned employees and foster strong relationships.
• Adhere to all policies and procedures set forth by LFCU.

Skills

Analytical skills

Organizational skills

Problem solving

Communication skills

Judgment

Leadership

Integrity

Education

Bachelor's degree in business administration, finance, accounting, risk management or related field

Professional certification in risk management, compliance, accounting or internal audit (preferred)

Job description

Company Overview

Lebanon Federal Credit Unionis a financial cooperative driven to enrich the lives of our members and the communities we serve. We are dedicated to our community, committed to excellence in member service, and focused on maintaining a strong, responsible, and forward-thinking organization.

Job Summary

Lebanon Federal Credit Union (LFCU) is seeking an experienced and collaborative executive leader to join our team as Chief Risk Officer (CRO). Reporting directly to the Chief Executive Officer and serving as a member of LFCU's executive leadership team, the Chief Risk Officer will provide strategic leadership and oversight of the Credit Union's risk management, compliance, internal control, and audit coordination activities. The CRO will partner closely with the executive leadership, department leaders, and appropriate governing bodies to identify and evaluate risk, strengthen internal controls, support regulatory compliance, and provide practical recommendations that promote sound decision-making and responsible growth.

Responsibilities and Duties

• Develop and maintain an enterprise risk management program that aligns with LFCU's operations, strategic objectives, and overall risk profile.
• Lead periodic risk assessments across the organization, evaluate controls, identify significant exposures, and recommend priorities for improvement.
• Recommend risk policies, acceptable risk levels, and reporting measures for management and Board consideration.
• Partner with departments on business continuity, incident response, third- party risk, and the protection of member information.
• Review policies, procedures, complaints, operational errors, and control exceptions to identify opportunities to strengthen compliance and operational effectiveness.
• Coach and develop assigned employees while fostering strong working relationships throughout the organization.
• Adhere to all policy and procedures set forth by LFCU.

Qualifications and Skills

• Bachelor's degree in business administration, finance, accounting, risk management, or a related field, or an equivalent combination of education and relevant experience.
• Significant progressive experience in financial services risk management, compliance, audit, or a related discipline, including leadership responsibility, Credit Union experience preferred.
• Working knowledge of financial institution operations and the regulatory environment, with the ability to identify when specialized advice is needed.
• Strong analytical, organizational, and problem- solving skills. Ability to prioritize competing demands and exercise sound, independent judgment.
• Excellent written and verbal communication skills, including the ability to explain complex matters clearly to employees, executives, and governing bodies.
• Demonstrated integrity, discretion, and ability to challenge decisions constructively while maintaining productive working relationships.
• Relevant professional certification in risk management, compliance, accounting, or internal audit preferred.

Benefits and Perks

• Benefits for full-time employees at LFCU include paid holidays, paid time off, health insurance, dental insurance, vision insurance, paid short-term and long-term disability insurance, paid life insurance, 401k program with employer match, and an employee loan discount.