Director of Risk Management

We are currently seeking a Director of Risk Management to be responsible for evaluating the credit union strategies and operational processes to ensure oversight and management objectives are being met and in line with regulatory guidance. Overseeing the credit union's risk management department and ensuring that all procedures, protocols, and strategies are fully implemented to protect the company and its assets.

Location: 1509 Baltimore Drive, Ames, IA 50010 - Hybrid work availability

Hours: Monday - Friday 8am-5pm and occasion evenings for board meetings as needed.

Essential Functions & Responsibilities

• Performing a risk assessment and evaluations: Analyzing current risks while keeping in mind the company's previous handling of risks and identifying/comparing potential risks that are affecting the company while following criteria set out by the risk committee such as costs and legal requirements.
• Works closely with the Senior Leadership Team, as well as management and team leaders, to ensure open lines of communication at all times, and they may also be responsible for performing regular risk-assessments and presenting results and recommendations to the risk committee for improvement.
• Lead and Manage Company risk management programs by designing and implementing an overall risk management process for the organization, which includes an analysis of the financial impact on the company when risks occur.
• Perform evaluations of internal control systems by maintenance of permanent files incorporating narrative descriptions, flowcharts, memos, etc.; reports findings and recommendations.
• Develops and oversee the implementation of new strategies to effectively reduce risks taken by the credit union while developing and enforce the policies and procedures to assist in effective monitoring. Review and maintain business continuity plans to limit risks.
• Leading regulatory exams, non-exam regulatory meetings and audits for the Credit Union as a whole.
• Responsible for the Credit Union compliance in all applicable regulations.
• Promote a culture of risk awareness and accountability through training. Educating the organization about the most significant risks to the business; ensuring department heads understand the risks that might affect area of responsibility; ensuring individuals understand their own accountability for individual risks.
• Other job duties as assigned.
  
  

Knowledge And Skills

Experience: Eight to ten years of similar or related experience.

Education: (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).

Interpersonal Skills

Work frequently involves exercising advanced conflict resolution, giving material presentations, and resolving issues impacting multiple departments or divisions. Role also requires the ability to motivate or influence others as a material part of the role, with a significant level of diplomacy and trust. Obtaining cooperation (internally and/or externally) is an important part of the role and a high level of interpersonal skills is critical to the success of this position.

Physical Requirements

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. Reasonable accommodations maybe made to enable individuals with disabilities to perform the essential functions.

While performing duties of this job, the employee is regularly required to sit. The employee is frequently required to stand, walk, bend, reach, kneel, push and pull. The employee must occasionally lift and/or move up to 30 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.

Work Environment

Work is performed in an office environment with a quiet to moderate noise level. Will travel to other branches as needed. This position is identified as a Hybrid work environment position. May have the ability to work remotely if meeting work requirements. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations maybe made to enable individuals with disabilities to perform the essential functions.