Enterprise Risk Management Analyst

Suncoast Credit Union; Tampa (FL); Remote; USD 85,000 - 125,000; Full time

Job summary

An established industry player is seeking an Enterprise Risk Management Analyst to enhance their risk framework. This role involves identifying and assessing risks, collaborating with various business units, and developing action plans to mitigate potential issues. The ideal candidate will have a strong background in risk management, excellent communication skills, and the ability to influence policy decisions. With a focus on professional growth, this position offers a supportive environment where employees can thrive. Join a company that prioritizes its community and fosters a culture of inclusivity and development.

Benefits

Bonus Program up to 9%

401K Matching up to 8%

Medical Coverage

Dental and Vision Coverage

Paid Time Off

Paid Volunteer Hours

Degree Assistance up to $5,000 per year

Qualifications

• 7+ years of experience in risk management or compliance.
• Bachelor’s degree in a related field required.

Responsibilities

• Manage identification and assessment of enterprise risks.
• Collaborate with teams to develop risk mitigation plans.
• Monitor compliance with risk policies.

Skills

Risk Management

Auditing

Compliance

Communication Skills

Problem Solving

Education

Bachelor’s degree in business administration

Professional certifications (CIA, CRMA, CPA)

Job description

Overview

Compensation: 85,000 - $125,000 based on experience and credentials

Location Type: Remote

Time type: Full-Time

The Enterprise Risk Management Analyst assists with the design of Suncoast Credit Union's enterprise risk management framework. This individual is a key driver in the implementation of the ERM framework by identifying key operational, compliance, technology and credit risks within business units or enterprise initiatives. Key responsibilities include documenting risks, providing credible challenge to controls and ratings, monitoring risk ratings against approved risk appetites, discussing mitigation strategies with management and reporting results to executive leadership and the board of directors.

Responsibilities

• Align risk assessments with business units and functional objectives
• Promote a global culture focused on risk from both an operating and strategic perspective
• Manage identification and assessment of enterprise risks, including strategic, operational, and key initiative risks
• Collaborate with appropriate business units and project teams to develop action plans to mitigate risk
• Monitor mitigation plans to ensure all risks are maintained at an acceptable level
• Ensure enterprise risks are monitored as business conditions change
• Lead risk assessment sessions related to the credit union projects to identify risks early in the process, minimize surprises, and increase product and project efficiency
• Develop risk profile reports for each business unit, analyze risk information, and issue the official risk summary report
• Develop and revise Enterprise Risk Management (ERM) policies, practices, and tools used to manage risk according to the ERM framework
• Maintain ERM documents and policy changes, periodic core data updates (financial data, external factors, policy, vendors, etc.), risk matrix audits, etc.
• Monitor compliance with risk policies by collaborating with business units and project teams to ensure self-testing of key controls is in place
• Identify gaps and deficiencies, monitor response strategies for corrective action
• Conduct independent testing and validation of controls
• Monitor and facilitate necessary business process changes to meet regulatory changes and mitigate operational risk exposure to the credit union, taking into consideration peer practices related to risk management
• Assess business line policies and procedures to ensure they are consistent with current rules, regulations, and laws to effectively mitigate risks
• Escalate materials that breach applicable laws, rules, policies or standards creating potential risk impact to senior management or risk committee
• Participate in periodic assignments related to the constantly changing risk management environment
• Develop and provide organizational ERM training
• Create awareness through ERM training material updates and integration with existing learning and development programs
• Train ERM liaisons to focus on identifying the most significant risks impacting business strategy and objectives
• Provide individual training sessions as necessary
• Assist with personnel activities of staff such as performance appraisals, training, and coaching
• Cultivate strong working relationships and build trust among team members
• Maintain knowledge and understanding of current trends, laws, policies, procedures, and regulations
• Attend educational events to increase professional knowledge and benefit the organization

Qualifications

• Bachelor’s degree in business administration, finance, accounting, or a related field (A comparable combination of work experience and training may be substituted for education requirements)
• 7+ years of progressively responsible experience in risk management, auditing, or compliance, including previous experience in the financial services industry
• Professional certifications such as CIA, CRMA, CPA, CUERME, NCRM desired
• Broad knowledge and understanding of risks and controls
• Ability to prioritize tasks by effectively managing competing and changing priorities to meet required deadlines
• Accurate, detail-oriented, and organized with task management
• Ability to resolve difficult and complex problems
• Excellent written, verbal and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
• Ability to influence others regarding policies, practices, and procedures

Benefits

• Financial Well-Being: Bonus Program up to 9%, 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, Suncoast has never furloughed any employees.
For more information, please visit our careers site at https://careers.suncoastcreditunion.com/

• Bachelor’s degree in business administration, finance, accounting, or a related field (A comparable combination of work experience and training may be substituted for education requirements)
• 7+ years of progressively responsible experience in risk management, auditing, or compliance, including previous experience in the financial services industry
• Professional certifications such as CIA, CRMA, CPA, CUERME, NCRM desired
• Broad knowledge and understanding of risks and controls
• Ability to prioritize tasks by effectively managing competing and changing priorities to meet required deadlines
• Accurate, detail-oriented, and organized with task management
• Ability to resolve difficult and complex problems
• Excellent written, verbal and interpersonal communication skills to interact effectively with members, staff, vendors, and government regulators
• Ability to influence others regarding policies, practices, and procedures

Benefits

• Financial Well-Being: Bonus Program up to 9%, 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, Suncoast has never furloughed any employees.
For more information, please visit our careers site at https://careers.suncoastcreditunion.com/

• Align risk assessments with business units and functional objectives
• Promote a global culture focused on risk from both an operating and strategic perspective
• Manage identification and assessment of enterprise risks, including strategic, operational, and key initiative risks
• Collaborate with appropriate business units and project teams to develop action plans to mitigate risk
• Monitor mitigation plans to ensure all risks are maintained at an acceptable level
• Ensure enterprise risks are monitored as business conditions change
• Lead risk assessment sessions related to the credit union projects to identify risks early in the process, minimize surprises, and increase product and project efficiency
• Develop risk profile reports for each business unit, analyze risk information, and issue the official risk summary report
• Develop and revise Enterprise Risk Management (ERM) policies, practices, and tools used to manage risk according to the ERM framework
• Maintain ERM documents and policy changes, periodic core data updates (financial data, external factors, policy, vendors, etc.), risk matrix audits, etc.
• Monitor compliance with risk policies by collaborating with business units and project teams to ensure self-testing of key controls is in place
• Identify gaps and deficiencies, monitor response strategies for corrective action
• Conduct independent testing and validation of controls
• Monitor and facilitate necessary business process changes to meet regulatory changes and mitigate operational risk exposure to the credit union, taking into consideration peer practices related to risk management
• Assess business line policies and procedures to ensure they are consistent with current rules, regulations, and laws to effectively mitigate risks
• Escalate materials that breach applicable laws, rules, policies or standards creating potential risk impact to senior management or risk committee
• Participate in periodic assignments related to the constantly changing risk management environment
• Develop and provide organizational ERM training
• Create awareness through ERM training material updates and integration with existing learning and development programs
• Train ERM liaisons to focus on identifying the most significant risks impacting business strategy and objectives
• Provide individual training sessions as necessary
• Assist with personnel activities of staff such as performance appraisals, training, and coaching
• Cultivate strong working relationships and build trust among team members
• Maintain knowledge and understanding of current trends, laws, policies, procedures, and regulations
• Attend educational events to increase professional knowledge and benefit the organization