Risk Manager

We are looking for a Risk Manager!

• Do you have knowledge of banking regulations?
• Do you have managerial experience with a Risk team?
• Do you know how to recognize all types of fraud?

If so, we would like to invite you to consider a career at American 1 Credit Union. Below are more details before you decide to apply:

• Position: Risk Manager
• Location: On-site in Jackson, Michigan
• Salary: $85,691 annually
• Benefits start on day one: Health, Dental, Vision, Responsible Time Off
• All offers of employment are contingent upon background screens.

The Risk Manager is responsible for all operational activities of the Risk Management department.  Responsible for developing, implementing, and managing the risk management program of the credit union.  Includes identifying, assessing, monitoring, and controlling all risks faced by the credit union in its daily operations. Ensures that the credit union complies with all relevant regulatory requirements and industry best practices. Also responsible for training and guiding the credit union's staff on risk management practices.  The Risk Manager helps sustain a culture filled with people who are Focused, Engaged, Trustworthy, Humbly Confident, and driven to Achieve. The Risk Manager works collaboratively with the CFO and various other teams to ensure that processes by which the credit union monitors and controls enterprise risk are being managed, and that policies, procedures, and core processes are effectively being managed and followed. 

 Essential Job Functions:

• Lead, Manage, and Accountability: Committed to leading and managing in a way that creates an environment in which accountable employees thrive and non-accountable people choose to leave. Effectively uses the people analyzer to find the right people, right seats. 
• Focus on Purpose: Focused on the credit union's purpose of creating financial wellness in our community through everyday banking with an emphasis on our internal team development. 
• Risk Management Department Support: Manages the risk and compliance operations of the credit union.  Manages the monitoring and reviewing of organizational compliance with AML/BSA regulations via systems, reports, and data to identify and report suspicious activity.  Manages and maintains the credit union’s compliance and auditing programs, creating and maintaining policies and procedures, and updating programs based on regulatory changes Manages the credit union’s vendor management and incident response programs. Conduct regular assessments of the credit union's risks and provide recommendations to mitigate or manage those risks.
• Team Collaboration: Collaborate with the CFO and all other necessary teams in all discussions relevant to the management of the risk and compliance processes. Participate in developing and evaluating short term and long-term risk management goals and objectives and recommend such goals and objectives to the CFO.  
• Safety and Soundness: Monitor the credit union's safety and soundness through loss mitigation, fraud monitoring, and ensuring compliance with all policies and procedures and federal and state laws, rules, regulations and industry best practices.  Participate in industry groups and associations to stay up-to-date on risk management practices and trends. Prepare and present regular risk management reports to Executive Management.
• Leadership Growth Support: Supports the Risk team in assessment, reporting, coaching, training, and improvement plan recommendations for the organization, departments, and individuals as needed. 
• Core Process, Policy, and Procedure Review and Recommendations: Responsible for all risk and compliance processes, policies, and procedures, including policies and procedures for customer identification and all BSA requirements. 

 Competencies Required:

• Leadership, Management, and Accountability: Demonstrate institutional responsibility, administrative skill, as well as a commitment to and a vision for public service; ability to achieve positive outcomes by encouraging, supporting, coaching, developing, and mentoring others. Committed to leading the company by strategically thinking about the business and managing effectively by working in the business.
• People-focused and Strong Communication: Empathetically seek understanding of what employees require and expect and use available resources, policies, and opportunities in their best interest without compromising institutional core values and core focus.
• Engaged, Collaborative, and Strategic Thinking: The capacity to create an achievable vision for the future by engaging and collaborating with the VP of Risk & IT and all employees, to foresee longer-term developments, to envision options (and their probable consequences), to select sound courses of action, to rise above the day-to-day detail, to challenge the status quo.
• Achiever, Initiative and, Goal Driven:  The employee drives for results and success, is committed to their job, sets high standards of performance, pursues aggressive goals, and works hard to achieve them, displays a high level of effort and commitment to work, and takes ownership. Apply new ways of thinking; create new ideas.  Plans work and carry out tasks without detailed instructions; makes constructive suggestions; prepares for problems or opportunities in advance; undertakes additional responsibilities; responds to situations as they arise with minimal supervision; creates novel solutions to problems. Strong analytical capabilities and exceptional communication/presentation skills will be essential.
• Focused, Decision-making and Problem-Solving: Has a strong sense of urgency about proactively solving problems and getting work done; gains support by collaborating effectively for ideas, proposals, projects, and solutions; takes initiative; makes and/or facilitates decisions considering the impact on others and/or the credit union; reach sound decisions and exercises good judgment based on a balanced consideration of facts, priorities, and alternatives; make decisions in agreed upon time frame; take the initiative to identify and resolve problems; demonstrate ability to examine existing problems/issues in new ways.
• Trustworthy, Reliability and, Confidentiality: Personally responsible; completes work in a timely, consistent manner; works hours necessary to complete assigned work; is regularly present and punctual; arrives prepared for work; is committed to doing the best job possible; keeps commitments.   Able to keep all information obtained confidential including member, employee and credit union information. Ensures core process, policies and procedures are followed.

 Key Accountability Items: 

• Lead, Manage and Accountability
• Vendor Management Due Diligence Processes
• AML/BSA Monitoring & Reporting Processes
• Compliance Program Processes
• Internal Audit Processes

Requirements:

• Bachelor’s degree preferred
• Minimum 5 years progressive credit union experience with at least 2 years of relevant risk management function experience, including performing risk assessments, and statistical data analysis and demonstrated strong leadership and communication skills
• Strong knowledge of the regulatory environment of financial institutions
• Compliance certifications preferred

 The Ideal Candidate:

• Experience managing successful people teams that deliver high quality results and excellent service
• Excellent verbal and written communication skills
• Strong analytical, problem solving and decision-making skills
• Ability to develop and deliver training programs
• Working knowledge of PC applications such as Microsoft Office
• Ability to work independently or as a collaborative member of a team
• Ability to direct other team members and coach others 
• Knowledge of credit union products, services, policies, core processes and procedures
• Strong knowledge of industry regulations and best practices.
• Demonstrated creativity and ability to achieve goals
• Ability to provide supervisory leadership of intermediate-level staff
• Demonstrated employee-focused strategy skills
• Demonstrated skill in gathering, reporting, and summarizing complex data
• Ability to make decisions and take initiative in problem resolution
• Ability to exercise tact and responsibility with handling confidential information

 NOTE:  The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.