Risk Management Specialist - job 1 of 2

Redwood Credit Union is a not-for-profit financial institution that believes in people over profits. Our mission is to passionately serve the best interests of our Members, team members, and communities. Sticking to that vision has made us one of the most loved financial partners in the many communities we serve. In fact, RCU is the 8th largest credit union in California—and growing. Due to this growth, we recently completed construction on our new, 8-acre campus in Napa and are ready to welcome more than 500 valued team members!

Since 1950, Redwood Credit Union has been helping people reach their financial goals and dreams with a focus on helping others. That people-first approach holds true for our employees, too. Our work environment is built on service and trust. It's all possible with a leadership team committed to hiring talented people and helping them develop their careers.

If this sounds like a place you’d like to be, we’re eager to meet you!

The Risk Management Specialist will serve as the support in the implementation, promotion, and facilitation of enterprise risk management (ERM) activities for RCU, and as a subject matter expert in areas relating to ERM. This individual will perform risk and control assessments and work with team members to help identify risk exposure and mitigation options within various business processes and products while ensuring risk appetite is consistent with RCU policies, procedures, and applicable regulations.

• Facilitate risk and control assessments in partnership with business areas
• Identify opportunities to improve risk awareness within the organization
• Work with Audit Manager and SVP/Risk Management to execute ERM plan
• Support in creating and updating of organization’s risk register
• Gain expertise in ERM software system to act as resource and train business line stakeholders, answer questions, and maximize the functionality of ERM
• Participate in development of risk management KPIs and KRIs
• Work with Audit Manager and SVP/Risk Management on applicable, informative risk-reporting for Executives, Board, Audit and Enterprise Risk Committee
• Participate in projects to provide a risk-focused perspective
• Provide superior service to Members, internal clients, and service providers
• Monitor and report on risk remediation efforts
• Vendor Management – Work with Business Continuity Planning (BCP) & Vendor Management Specialist and vendor owners to create and maintain vendor data and assessments, including working within vendor management system
• Business Continuity – Work with BCP & Vendor Management Specialist and business line partners to update and maintain business continuity plans, including utilization of BCP system

• Knowledge of risk management core principles
• Experience in establishing an ERM program, risk and control frameworks, and risk reporting to management
• Knowledge and experience in implementing or enhancing risk management functions and culture within a financial institution
• Experience creating and/or using data to identify risk trends and make risk-based decisions or recommendations
• Experience communicating with business line partners to effectively glean risk level and control effectiveness
• Ability to produce and comprehend complex Excel reports capable of tracking trends, variances, and exceptions
• Knowledge of using the applications within the Microsoft office Suite
• Strong analytical/problem solving, communication, organizational and interpersonal skills
• Ability to communicate effectively both verbally and in writing

• Ability to perform physical job requirements, including ability to move objects of up to 15 pounds
• Ability to use a computer keyboard and calculator
• Ability to work sedentary that primarily involves sitting/standing

• A combination of education and experience equivalent to a bachelor’s degree, plus a minimum of three (3) years’ experience working in a financial institution within audit and/or risk management, with knowledge and experience of ERM best practices.

Compensation: Base starting range: $35.00 to $43.00 per hour commensurate with experience.

Our base salary starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.

Redwood Credit Union offers a robust benefits package to our eligible employees including:

•  Competitive medical, dental, and vision insurance, mental health offerings

•  Employee performance incentive plan

• Salary Advancement– Merit increase based on performance

• 401(k) program with employer match

• Time Off- Competitive PTO accrual plus 11 paid company holidays and your birthday off!

  RCU Discounts and Perks-

•  RCU employees are eligible for a .75% discount off RCU standard collateral auto loans

•  RCU employees are eligible for a 1% discount on all recreational or boat loan products

• 2% discount off Visas and LOC Loans through RCU

• 0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1,000.

• 0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15,000.

• 0% interest on garment, fitness, or home office equipment loan of up to $500

• 100% financing for employee purchased homes!

Why work for Redwood Credit Union?

•   Local financial institution, providing unparalleled service since 1950

• Recognized by Newsweek as one of "America's Best Credit Unions 2024"

• Top 5 Healthiest Credit Union in the USA, rated by Glatt Consulting

•  Voted Best Places to Work in the North Bay 19 years in a row

•   World-class employee engagement scores

•  Rated Superior in Service by more than 90% of Members, surveyed by SF Gate

•   Recognized by Forbes as one of “America’s Best Small Employers 2023"

Internal Team Members

If you are a current Team Member, please apply through the internal careers page located in RCUNET.

                                        We are an Equal Opportunity Employer