8945 Cal Center Dr, Sacramento, CA 95826, USA Req #6075
Thursday, February 13, 2025
TITLE: DIRECTOR - ENTERPRISE RISK MANAGEMENT
STATUS: EXEMPT
REPORTS TO: VP - ENTERPRISE RISK OFFICER
DEPARTMENT: ENTERPRISE RISK MANAGEMENT
JOB CODE: 11811
PAY RANGE: $ - $ ANNUALLY
GENERAL DESCRIPTION:
The Director, Enterprise Risk Management (ERM) will be responsible for developing, implementing, and maintaining the enterprise risk management framework. This role will ensure effective risk governance processes are in place, establish and monitor the risk appetite framework, oversee risk identification processes, and provide insightful risk reporting to senior leadership. Additionally, the role will focus on identifying and managing top and emerging risks.
This role requires a strong, dynamic leader with sound knowledge of business management, and deep knowledge of risk management and best practices. This role will play a pivotal role in shaping the organization's risk management strategy, ensuring that risk considerations are integrated into business planning and decision-making processes. By providing strategic insights and recommendations, the Director will help drive the organization's risk management agenda, contributing to the achievement of business objectives and enhancing the overall risk culture.
The Director will collaborate with various stakeholders and multidisciplinary teams to evaluate, recommend, and drive improvements to enterprise risk management practices and processes across the Credit Union.
TASKS, DUTIES, FUNCTIONS:
Develop and maintain the Enterprise Risk Management framework, ensuring alignment with organizational objectives and regulatory requirements.
Establish and monitor the risk appetite framework, ensuring it is integrated into strategic planning and decision-making processes.
Lead the identification, assessment, and prioritization of enterprise risks.
Identify and monitor top and emerging risks that could impact the organization.
Continuously improve the Credit Union’s ability to identify, assess, prioritize, and mitigate risk throughout the organization.
Develop risk management tools, practices, and policies to analyze and report enterprise risks.
Promote a culture of risk awareness through effective training, communication, and engagement with all levels of the organization.
Engage with senior leadership and provide actionable insights and recommendations based on risk analysis.
Provide key inputs to risk oversight committees, including creating and updating risk management reports.
Develop standardized metrics and reporting to enable continuous monitoring against program goals.
Coordinate and collaborate with line of business and support functions to integrate the enterprise risk management operating framework.
Maintain current knowledge of enterprise risk management industry trends, best practices and techniques.
Perform other duties as required to support the enterprise risk management program.
Develop and maintain an understanding of the pertinent regulatory requirements and risks inherent to job responsibilities.
PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:
Effective oral and written communication skills required to interact with credit union staff, management, and all member channels.
Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment.
ORGANIZATIONAL CONTACTS & RELATIONSHIPS:
INTERNAL: All levels of staff and management.
EXTERNAL: Volunteers, external auditors, regulators/examiners, professional and community organizations.
QUALIFICATIONS:
EDUCATION: Bachelor’s degree in Risk Management, Finance, Business Administration, or related field.
EXPERIENCE: At least 10 years of relevant experience in enterprise risk management in a financial institution or comparable experience.
KNOWLEDGE/SKILLS:
• Strong knowledge of enterprise risk management frameworks and governance models.
• Demonstrated experience with regulatory agencies and requirements.
• Ability to promote a culture of risk awareness through effective training and communication.
• Strong analytical, problem-solving and workflow analysis skills.
• Excellent communication (verbal, written and presentation) skills.
• Strong organizational skills, with a high degree of initiative.
• Highly proficient in Microsoft Office Suite and experience with Governance, Risk, and Compliance (GRC) systems.
PHYSICAL REQUIREMENTS:
Prolonged sitting throughout the workday with occasional mobility required.
Corrected vision within the normal range.
Hearing within normal range.
Ability to lift 15 lbs. as may be required.
LICENSES/CERTIFICATIONS:
Professional certification in enterprise risk management preferred.
THIS JOB DESCRIPTION IN NO WAY STATES OR IMPLIES THAT THESE ARE THE ONLY DUTIES TO BE PERFORMED BY THIS EMPLOYEE.
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