Risk and Assurance Manager

Scott Credit Union; Edwardsville (IL); On-site; USD 97,000 - 122,000; Full time

Benefits offered by this job

Paid holidays

PTO

401(k) match

Health insurance

Short-Term Disability

Job summary

Scott Credit Union in Edwardsville, IL seeks a Risk and Assurance Manager to lead enterprise risk management, vendor management, and oversight of internal audit and insurance programs.

You will work closely with the Chief Risk Officer to implement controls and partner with regulators to safeguard the organization and its members in a service‑driven environment.

Qualifications

• Bachelor’s degree in accounting, auditing, finance, management or related field.
• Minimum three years of experience in risk management or Enterprise Risk Management.
• Minimum two years prior management experience.
• Proficiency with Microsoft Office products.

Responsibilities

• Develop risk standards and best practices documentation required to support the risk program.
• Plan, manage, facilitate, and monitor operational risk and control assessments, as needed.
• Develop and maintain a risk and compliance repository for SCU which includes prioritized risks, controls, appropriate risk response, defined risk mitigation processes, and monitor effectiveness.
• Act as the credit union’s liaison with local, state, and federal regulators and enforcement agencies.
• Participate in project management and change management activities where regulatory controls may be impacted and exposure increased.
• Facilitate mitigation action where improvements are needed.
• Assist in implementation of ERM and compliance software and programing. Facilitate completion of risk assessments for ERM.
• Own and administer the credit union’s Vendor Management program, including vendor due diligence, contract risk review, and ongoing monitoring.
• Own execution of the ERM framework, including periodic risk assessments, key risk indicators, and risk reporting.
• Serve as management’s primary liaison and coordinator for the outsourced internal audit function, facilitating scheduling, information flow, and remediation tracking, at the direction of the Supervisory Committee, which retains responsibility for selection and oversight of the internal audit provider.
• Manage the credit union’s insurance program, including bond and other coverage, and administer the coverage and claims processes through the insurance broker.

Skills

Risk management experience

Management experience

Attention to detail

Communication skills

Education

Bachelor’s degree in accounting/auditing/finance/management or related field

Tools

Microsoft Office

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Risk and Assurance Manager

Active - Regular Full-Time Management Edwardsville, IL, US

Salary Range: $97,394.00 To $121,742.00 Annually

Risk and Assurance Manager — Risk Management Department; Home Office Branch

Scott Credit Union is hiring a Risk and Assurance Manager in Edwardsville, IL to lead our efforts in safeguarding the credit union and its members. If you’re analytical, detail-oriented, and passionate about protecting financial integrity in a collaborative, service-driven environment – we’d be excited to welcome you to our award-winning team.

Schedule:Full-time| Monday-Friday

Work Location Status:Fully on-site at the Home Office in Edwardsville, IL.

About the Role

The Risk and Assurance Manager is responsible for implementing processes and controls to identify, manage, and mitigate risk throughout the credit union, with primary responsibility for Enterprise Risk Management, Vendor Management, coordination of the outsourced Internal Audit function, and Insurance Management. This will include assessing control structures within the credit union to determine where potential gaps and weaknesses exist, which expose the credit union to litigation and regulatory punishment.

This position works closely with the Chief Risk Officer to identify and assess current and emerging risks and implement oversight in the key risk areas of policies and procedures. The Risk and Assurance Manager will conduct periodic risk assessments and other special projects to identify and quantify control weaknesses, and recommend changes in policies, procedures, training, and other internal controls to mitigate risk. The position assists the Chief Risk Officer in implementing a comprehensive system, including software, policies, and procedures, for Enterprise Risk Management (ERM) and oversees the quality assurance program.

Why Join Scott Credit Union?

Scott Credit Union has been designated a TopWorkplacebytheSt.LouisPost-Dispatch and USA Today for our people-first culture and strong employee engagement.

Benefits include:

• 11paidholidaysandcompetitivePTO
• 401(k)withemployermatch
• Medical,dental,vision,andlifeinsurance
• Short-Term Disability, including maternity leave
• “Dressforyourday”policy
• Supportive, team-oriented culture

What You’ll Do

• Develop risk standards and best practices documentation required to support the risk program.
• Plan, manage, facilitate, and monitor operational risk and control assessments, as needed.
• Develop and maintain a risk and compliance repository for SCU which includes prioritized risks, controls, appropriate risk response, defined risk mitigation processes, and monitor effectiveness.
• Act as the credit union’s liaison with local, state, and federal regulators and enforcement agencies.
• Participate in project management and change management activities where regulatory controls may be impacted and exposure increased.
• Facilitate mitigation action where improvements are needed.
• Assist in implementation of ERM and compliance software and programing. Facilitate completion of risk assessments for ERM.
• Own and administer the credit union’s Vendor Management program, including vendor due diligence, contract risk review, and ongoing monitoring.
• Own execution of the ERM framework, including periodic risk assessments, key risk indicators, and risk reporting.
• Serve as management’s primary liaison and coordinator for the outsourced internal audit function, facilitating scheduling, information flow, and remediation tracking, at the direction of the Supervisory Committee, which retains responsibility for selection and oversight of the internal audit provider. Provide administrative and logistical support to Supervisory Committee meetings, and coordinate regulatory and third-party examinations as appropriate.
• Manage the credit union’s insurance program, including bond and other coverage, and administer the coverage and claims processes through the insurance broker.

What You Bring

• Bachelor’s degree in accounting, auditing, finance, management or related field.
• Minimum three years of experience in risk management or Enterprise Risk Management.
• Minimum two years prior management experience.
• Personal Computer experience to include Microsoft Office products.

Is This You?

• You’re energized by creating meaningful connections and delivering strategic solutions
• You stay focused under pressure and prioritize precision in your work
• You take initiative, own your projects, and consistently aim for high-quality results
• You’re looking to build a long-term career where your skills can grow and evolve

Our Commitment

At Scott Credit Union, our purpose is to support members through every phase of their financial journey. We believe in accountability, integrity, diversity, service excellence, and continuous growth—for both our members and our employees.