POSITION PURPOSE
This position is responsible for supporting SAFE's Enterprise Risk Management framework. This position will be responsible for supporting the development, implementation, and management of enterprise-wide risk management strategies. This role plays a pivotal role in ensuring that the organization’s risk management framework is robust, proactive, and aligned with business objectives, regulatory requirements, and industry best practices. This role works with all levels of the organization in facilitating the implementation and integration of the enterprise risk management activities. The role includes collaborating with business partners to determine gaps, identify risks, and supports risk assessment. Executes continuous monitoring reviews, as assigned, and seeks to improve the quality of the ERM program.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
Enterprise Risk Management
- Support the development and execution of a comprehensive Enterprise Risk Management (ERM) program aligned with SAFE’s goals and risk appetite.
- Assist in developing and refining ERM frameworks, methodologies, and tools to identify, assess, and mitigate risks across the enterprise.
- Provide support in establishing and monitoring the risk appetite framework, ensuring its integration into strategic planning and decision-making processes. Execute activities related to the risk appetite framework, including tracking risk levels, assessing exposures, and implementing risk mitigation strategies.
- Collaborate with line-of-business teams and support functions to integrate the ERM operating framework throughout the organization.
- Help develop ERM education materials to promote a risk-aware culture, educating SAFE employees about the importance of risk management and their roles in the process.
- Assist in developing standardized metrics and reporting systems to enable continuous monitoring of program goals.
- Support the implementation of a comprehensive Key Risk Indicator (KRI) framework, including identifying and defining critical indicators to monitor and assess organizational risks.
Enterprise Risk Identification & Assessment
- Assist in identifying and assessing potential risks across the organization, ensuring that all relevant departments contribute to the risk discovery process.
- Support the establishment and refinement of methodologies and frameworks for assessing the impact and likelihood of identified risks.
- Contribute to the continuous improvement of risk identification and assessment processes by incorporating lessons learned and best practices from the industry.
- Collaborate with leadership to support the development of mitigation strategies for the most critical risks identified.
- Help monitor and refine the risk assessment framework to ensure it captures emerging risks and provides a comprehensive view of enterprise risk.
Business Continuity Management
- Assist in the coordination of annual vendor management review process.
- Complete other duties and special projects, as assigned.
- Assist in maintaining an effective business continuity program and assess the maturity levels of the program against goals.
- Facilitate and coordinate the completion of the Business Impact Analysis review process.
- Participate in developing and providing business continuity management awareness education to business partners.
- Participate in the creation, coordination, facilitation, and communication of business continuity exercises, including but not limited to table-top exercises, simulation testing, and full-scale exercises.
- Assist in evaluating the effectiveness of the disaster recovery planning and testing.
- Manage and Control SAFE’s business continuity software.
QUALIFICATIONS
Experience Required:
Candidates should possess 3-5 years of relevant experience, or alternatively, equivalent education or risk management certification may be considered in lieu of experience.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Knowledge:
At least one year in a financial institution environment preferred.
Skills/Abilities:
- Excellent verbal and written communication skills.
- Excellent interpersonal, communication, and leadership skills, as success in this position depends on building rapport and credibility with multiple stakeholders across the organization.
- Superior critical thinking and analytical skills.
- Ability to research and interpret a variety of professional standards and regulatory guidelines for enterprise risk management areas.
- Knowledgeable in major areas of credit union operations, and of the three lines of defense model, risk management principles, and Enterprise Risk Management (ERM) frameworks.
- Ability to work independently, as well as part of department and project teams.
- Must have strong prioritization skills and be able to multitask.
- Proficient Excel skills.
WORK ENVIRONMENT/PHYSICAL DEMANDS SUMMARY
LANGUAGE SKILLS
- Excellent communication skills (verbal, written, listening skills, and empathy).
- Expert ability to build relationships with other leaders, business partners, and stakeholders.
- Ability to write reports, business correspondence, and procedure manuals.
- Ability to effectively present information and respond to questions from groups of managers.
MATHEMATICAL SKILLS AND REASONING ABILITY
- Ability to interpret a variety of instructions furnished in written, oral, or schedule form.
- Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
- While performing the duties of this job, the employee is regularly required to sit and talk or hear, and use hands to finger, handle, or feel objects, tools, or controls.
- The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, kneel, crouch, or crawl.
- The employee must occasionally lift and/or move up to 10 pounds.
- Specific vision abilities required by this job include close vision.
- The noise level in the work environment is usually moderate.
INTENT AND FUNCTION OF JOB DESCRIPTIONS
This is not necessarily an all-inclusive list of job-related responsibilities, duties, skills, efforts, requirements or working conditions. All descriptions have been reviewed to ensure that only essential functions and basic duties have been included. Peripheral tasks, only incidentally related to each position, have been excluded. Requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.
In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.
Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.