Description
Are you an experienced risk management professional with a knack for strategic thinking and leadership? This role involves overseeing the Enterprise Risk Management program while working closely with the CEO, Board of Directors, and senior leadership to manage the organization’s risk tolerance and appetite in alignment with strategic objectives. You will play a pivotal role in predicting and analyzing risks in both internal and external environments. The ideal candidate will possess strong communication skills, strategic vision, and a solid understanding of business operations.
Company Culture
Our mission is to create lasting value for our employees, members, and communities. We believe in empowering our team to seize opportunities that positively impact our members and strengthen our communities.
Location
100% Onsite in North Liberty, IA
Essential Duties And Responsibilities
- Uphold and exemplify the organization's core values and service standards.
- Foster teamwork and collaboration in all interactions and responsibilities.
- Maintain confidentiality of sensitive member and staff information.
- Contribute to community enrichment by participating in service organizations, speaking engagements, and events.
- Comply with legal requirements and internal policies.
- Develop and oversee the Enterprise Risk Management (ERM) framework, including the three lines of defense model, and manage risk identification, measurement, reporting, and governance.
- Protect and uphold the ethical integrity of the organization internally and externally.
- Promote a "culture of compliance" with a focus on internal controls and encourage self-reporting.
- Conduct credit analysis and reporting, including ongoing review of the loan portfolio to anticipate and manage risk.
- Recommend lending policies that balance growth goals with appropriate risk tolerance, considering economic and regulatory factors.
- Align risk management strategies with organizational objectives and develop strategies to meet those goals.
- Monitor loan portfolio delinquency and charge-off rates to manage risk effectively.
- Oversee compliance activities and ensure quality assurance meets regulatory and organizational requirements.
- Ensure loan and deposit products comply with policies, guidelines, and regulations.
- Manage collections activities and ensure they align with internal policies and industry regulations.
- Build a comprehensive risk data governance model and advocate informed risk-taking through training and coaching.
- Partner with the Chief Financial Officer and Lending product leaders to establish financial metrics and pricing strategies.
- Collaborate with the Chief Information Officer on cybersecurity, data privacy, and third-party risks.
- Work with the SVP/Corporate Oversight to align with internal and external audits and the Audit/Risk Management Committee.
- Stay updated on changes in laws and regulations, advising departments and ensuring timely implementation.
- Respond to inquiries from regulatory agencies, members, and the business community.
Job Requirements
- Bachelor's Degree in a related field (Master's degree preferred).
- Extensive experience in Enterprise Risk Management (ERM).
- Previous senior compliance/risk officer experience, ideally with financial institutions over $10B in assets.
- Minimum of 15 years in credit risk management, loan portfolio analysis, and forecasting.
- Advanced knowledge of regulatory compliance and operational requirements, including depository and mortgage lending regulations.
- Strong operations and management skills with experience in vendor relationship management.
- Experience working with Boards of Directors and Committees, including presenting information and facilitating discussions.
- Excellent networking and interpersonal communication skills.
- Ability to prioritize workload, manage multiple projects, and streamline processes for efficiency and compliance.
- Bondable.
Reporting Relationship
Reports to the Audit and Risk Management Committee (A/RM) and internally to the President and Chief Executive Officer.
Supervisory Responsibilities
Manages the SVP/Compliance and Risk, EVP/Credit Officer, Security and Safety Officer, SVP/Account Resolutions, and other positions as the ERM program expands.
Equal Opportunity Employment Statement
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status, and will not be discriminated against based on disability.
Employment Type: Full-Time