Director of Enterprise Risk Management

Suncoast Credit Union; Tampa (FL); Remote; USD 120,000 - 180,000; Full time

Job summary

Join a leading financial institution as the Director of Enterprise Risk Management, where you will provide strategic direction for risk management practices. You'll oversee a talented team, ensure compliance with ERM standards, and drive initiatives that align with the credit union's strategic goals. This role offers competitive compensation and the chance to work in a collaborative environment that promotes professional growth.

Benefits

Bonus Program up to 12%

401K Matching up to 8%

Medical Coverage

Dental and Vision Coverage

11 Paid Holidays

3 weeks of Paid Time Off

Degree Assistance up to $5,000 per year

Qualifications

• 7+ years of experience in risk management at a financial institution.
• A minimum of 5 years of management experience.
• Credit Union Enterprise Risk Management Expert (CUERME) or other industry-recognized certifications.

Responsibilities

• Direct the overall operation of the ERM business unit and manage workflows.
• Oversee the completion of enterprise-level ERM Risk Assessments.
• Coach and develop direct reports while setting departmental goals.

Skills

Analytical skills

Organizational skills

Interpersonal communication

Problem-solving

Education

Bachelor’s degree in finance, economics, management, or a related field

Job description

Overview

Compensation: $120,000-$180,000 based on experience and credentials

Location Type:Remote

Time Type: Full-Time

The Director of Enterprise Risk Management (ERM) provides strategic direction, leads, oversees, and effectively manages the ERM Team, including the ERM Program Manager and ERM Analysts. The Director will work closely with the Vice President of ERM, First and Second Line Vice Presidents, Senior Leadership, and key stakeholders to continue enhancing and strategically integrating the ERM Program across the organization. Key responsibilities include providing oversight to ensure adequate governance and credible challenge is provided on enterprise initiatives impacting strategic credit union goals, driving strategy to refine the department’s development further, and managing ERM staff members. The Director will ensure the timely completion of the Team’s assigned workflows, including Risk and Control Self Assessments, project risk assessments, Review and Challenge requests, Risk Acceptance requests and reporting provided to the Chief Risk Officer (CRO), the Governance, Risk, and Compliance Committee (GRC) and the ERM Committee.

Responsibilities

• Direct the overall operation of the ERM business unit and the completion of key workflows, including Business Unit Risk and Control Self-Assessments (RCSAs), Enterprise Project Risk Assessments, Review and Challenge requests, and Risk Acceptance requests
• Oversee the completion and coordination of all enterprise-level ERM Risk Assessments for the organization, including the Suncoast@Work and Waterfall initiatives
• Execute on the implementation and contribute to the strategic direction for the Credit Union’s Enterprise Risk Management Program, including Risk Governance
• Oversee the creation and review of monthly and quarterly reporting submitted to the CRO, GRC, and ERM Committees, ensuring timely and accurate completion of reporting by assigned staff members
• Manage within the 2nd Line while supporting education and awareness efforts on the 3 Lines Model
• Direct and oversee the continued integration of the Model Risk Management program and consultant functions managed by the ERM Program Manager, and drive future strategy in this area
• Establish and maintain ERM Program Training throughout the organization
• Collaborate with internal managers and supervisors to ensure achievement of departmental and organizational goals
• Seek solutions that anticipate long-term and future needs of the department and organization and are compatible with organizational goals and objectives
• Coach and develop direct reports, and conduct monthly Connections meetings and annual reviews
• Interview, hire, and coordinate training plans for new teammates
• Review and recommend new methods or procedures to make daily operations more efficient
• Perform considerable short-term planning, scheduling, and coordinating to develop and implement business objectives
• Set goals for assigned teams to achieve operational and strategic results
• Provide guidance, mentoring, and development opportunities for directly reporting staff
• Cultivate strong working relationships, build trust among team members, and respond appropriately to employees' concerns
• Assist with the development, monitoring, and maintenance of the annual budget
• Maintain knowledge and understanding of current trends, laws, and issues affecting area of expertise
• Attend educational events to increase professional knowledge
• Complete annual compliance and info security training to understand employees' role in maintaining effective compliance and security programs

Qualifications

• Bachelor’s degree in finance, economics, management, or a related field
• 7+ years of experience in risk management at a financial institution
• A minimum of 5 years of management experience
• Credit Union Enterprise Risk Management Expert (CUERME), and/or other industry-recognized risk management certifications or designations
• Advanced understanding and proven application of Enterprise Risk Management principles
• Advanced understanding of credit union processes and strategic initiatives
• Ability to maintain a high level of confidentiality
• Excellent organization, prioritization and analytical skills to effectively manage areas of responsibility and attain organizational goals
• Excellent written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
• Ability to analyze and resolve complex problems or situations
• Strong knowledge and understanding of credit union products, services, policies, and procedures
• Strong knowledge and understanding of regulatory compliance
• Strong knowledge and understanding of credit union computer systems and software applications required to perform job duties

Benefits

• Financial Well-Being: Bonus Program up to 12%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
• Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
• Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
• Community Involvement: Paid Volunteer Hours
• Growth: Degree Assistance up to $5,000 per year

For more information, including additional benefits, please visit our benefits website at https://careers.suncoastcreditunion.com/benefits

Company Overview

Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. Chartered in 1934.

For more information, please visit our careers site at https://careers.suncoastcreditunion.com/

• Bachelor’s degree in finance, economics, management, or a related field
• 7+ years of experience in risk management at a financial institution
• A minimum of 5 years of management experience
• Credit Union Enterprise Risk Management Expert (CUERME), and/or other industry-recognized risk management certifications or designations
• Advanced understanding and proven application of Enterprise Risk Management principles
• Advanced understanding of credit union processes and strategic initiatives
• Ability to maintain a high level of confidentiality
• Excellent organization, prioritization and analytical skills to effectively manage areas of responsibility and attain organizational goals
• Excellent written, verbal, and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
• Ability to analyze and resolve complex problems or situations
• Strong knowledge and understanding of credit union products, services, policies, and procedures
• Strong knowledge and understanding of regulatory compliance
• Strong knowledge and understanding of credit union computer systems and software applications required to perform job duties

Benefits

• Financial Well-Being: Bonus Program up to 12%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
• Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
• Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
• Community Involvement: Paid Volunteer Hours
• Growth: Degree Assistance up to $5,000 per year

For more information, including additional benefits, please visit our benefits website at https://careers.suncoastcreditunion.com/benefits

Company Overview

Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. Chartered in 1934.

For more information, please visit our careers site at https://careers.suncoastcreditunion.com/

• Direct the overall operation of the ERM business unit and the completion of key workflows, including Business Unit Risk and Control Self-Assessments (RCSAs), Enterprise Project Risk Assessments, Review and Challenge requests, and Risk Acceptance requests
• Oversee the completion and coordination of all enterprise-level ERM Risk Assessments for the organization, including the Suncoast@Work and Waterfall initiatives
• Execute on the implementation and contribute to the strategic direction for the Credit Union’s Enterprise Risk Management Program, including Risk Governance
• Oversee the creation and review of monthly and quarterly reporting submitted to the CRO, GRC, and ERM Committees, ensuring timely and accurate completion of reporting by assigned staff members
• Manage within the 2nd Line while supporting education and awareness efforts on the 3 Lines Model
• Direct and oversee the continued integration of the Model Risk Management program and consultant functions managed by the ERM Program Manager, and drive future strategy in this area
• Establish and maintain ERM Program Training throughout the organization
• Collaborate with internal managers and supervisors to ensure achievement of departmental and organizational goals
• Seek solutions that anticipate long-term and future needs of the department and organization and are compatible with organizational goals and objectives
• Coach and develop direct reports, and conduct monthly Connections meetings and annual reviews
• Interview, hire, and coordinate training plans for new teammates
• Review and recommend new methods or procedures to make daily operations more efficient
• Perform considerable short-term planning, scheduling, and coordinating to develop and implement business objectives
• Set goals for assigned teams to achieve operational and strategic results
• Provide guidance, mentoring, and development opportunities for directly reporting staff
• Cultivate strong working relationships, build trust among team members, and respond appropriately to employees' concerns
• Assist with the development, monitoring, and maintenance of the annual budget
• Maintain knowledge and understanding of current trends, laws, and issues affecting area of expertise
• Attend educational events to increase professional knowledge
• Complete annual compliance and info security training to understand employees' role in maintaining effective compliance and security programs