Risk and Assurance Manager

Socket.dev; Edwardsville (IL); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Paid holidays

Competitive PTO

401(k) employer match

Medical insurance

Dental insurance

Vision insurance

Life insurance

Short-Term Disability

Maternity leave

Tuition reimbursement

Dress for your day

Career advancement

Job summary

Scott Credit Union in Edwardsville, IL seeks a Risk and Assurance Manager to lead Enterprise Risk Management, vendor oversight, and the coordination of outsourced internal audits at our Home Office in Edwardsville. You will collaborate with the Chief Risk Officer to identify risks and implement comprehensive risk controls in a service-driven environment.

The role requires deep analytical ability, strong governance mindset, and the ability to manage regulatory interactions while improving the

Qualifications

• Bachelor's degree and professionals with risk management or Enterprise Risk Management experience.
• Minimum three years of experience in risk management or ERM.
• Minimum two years prior management experience.
• Proficient in 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 including prioritized risks, controls, and risk responses.
• Act as the credit union’s liaison with regulators and enforcement agencies.
• Participate in project management and change management activities where regulatory controls may be impacted.
• Facilitate mitigation actions where improvements are needed.
• Assist in implementation of ERM and compliance software and programming; complete risk assessments for ERM.
• Own and administer the Vendor Management program including vendor due diligence and contract risk review.
• Own execution of the ERM framework including risk assessments, KRIs, and risk reporting.
• Serve as liaison and coordinator for outsourced internal audit function and coordinate regulatory examinations.
• Manage the credit union’s insurance program including bond coverage and broker-managed claims.

Skills

Risk management

Education

Bachelor's degree in accounting, auditing, finance, management or related field

Job description

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

Banking•Full-Time•Risk Management

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. We invest in our diverse team with competitive benefits, meaningful work, and clear paths for growth.

Benefits include:

• 11paidholidaysandcompetitivePTO
• 401(k)withemployermatch
• Medical,dental,vision,andlifeinsurance
• Short-Term Disability, including maternity leave
• Tuitionreimbursementprogram
• "Dressforyourday"policy
• Careeradvancementopportunities
• 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.