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Golden 1 Credit Union

Manager - Risk Management

Golden 1 Credit Union, Sacramento, California, United States, 95828


JOB TITLE:

Manager - Risk ManagementDEPARTMENT:

Risk ManagementSTATUS:

EXEMPTJOB CODE:

11149PAY SCALE:

$119,300.00 - $140,000.00 AnnuallyGENERAL DESCRIPTION:The Manager, Risk Management is responsible for utilizing the Credit Union’s risk management framework to identify, assess, monitor and help mitigate the financial, reputational, regulatory and operational risks associated within Golden 1’s operations, products and services. The Manager, Risk Management plays an instrumental role in the oversight of the Credit Union’s operational risk.Work with various internal stakeholders, including operations, technology, product, finance, human resources, compliance and legal to identify and assess enterprise risks and implement controls and processes as well as monitor ongoing risks and mitigation efforts.Shape, implement, and facilitate various risk management tools, practices, and policies used to analyze and report enterprise risks, and to manage risks in alignment with an enterprise risk management framework. Provides key inputs into the company's risk management or other committees that oversee key risk management processes and ensures alignment with organizational objectives.Lead a team of risk management specialists and manage the execution of established risk management processes (i.e., risk and control assessments, KRIs/KPIs reporting, etc.) including the people, processes, and infrastructure.TASKS, DUTIES, FUNCTIONS:Responsible for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor Golden 1's operational risk in accordance with the established risk management framework.Assist the VP/Enterprise Risk Officer in the development of an enterprise risk management roadmap strategy for organizational growth.Develop risk management tools, practices, and policies to analyze and report enterprise risks, and to manage risks according to an enterprise risk management framework.Manage the risk and control self-assessment (RCSA) program and cycle. Perform root cause analysis, assess risks, document incidents, and provide recommendations for resolution.Manage the new product/service risk assessment process to ensure risks associated with new activities are effectively measured, monitored, and controlled.Oversee issues management processes and reporting for operational risk issues identified through operational risk methods (i.e., RCSAs, process risk assessments, etc.).Facilitate development of business or process risk assessments, in conjunction with the business unit owners, as needed. Supports business unit risk identification, assessment, and reporting.Collaborate with internal business partners to identify, mature and track business and corporate area specific quantitative and qualitative key risk and performance indicators.Oversee the reporting of event-driven operational loss data and in performing root cause analysis to recommend process and control improvements to prevent risk events and losses from occurring in the future.Provide ERM advisory services, education and training to leaders and business units across the organization.Engage with leadership and provide detailed insights into areas of risk for the organization.Coordinate with credit union leadership to maintain risk assessments, operational loss events, issues and other relevant risk information for management reporting and record keeping.Develop standardized reporting to enable continuous monitoring against enterprise risk management goals.Build productive partnerships and trust with cross-functional subject matter experts (e.g., Legal, Compliance, Information Technology, Information Security, and Finance, among others), leadership and business functions across the enterprise.Manage a team of individual contributors, including balance workloads, monitor timeliness of deliverables, and manage efficiency of the department and staff.Foster an environment where team members can grow in relevant knowledge and experience.Recruit and develop talent; manage an organization that keeps resources productively engaged in moving the business forward.Maintain an ever-growing knowledge of ERM, operational risk and industry trends, best practices and techniques that can be practically applied at Golden 1.Perform other duties as required to support Enterprise Risk Management and the business.Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.QUALIFICATIONS:EDUCATION:

Bachelor’s or Master’s degree in business, finance, accounting, risk management, or a related discipline.EXPERIENCE:

Minimum of 7 years of enterprise and/or operational risk management or internal audit experience in a financial institution, with at least 3 years direct supervisory or management level experience, is required.KNOWLEDGE/SKILLS:Demonstrated/strong knowledge of risk management programs, practices, and processes inclusive of risk identification, analysis, mitigation/control, communication, monitoring, reporting and escalation.Strong leadership skills and ability to organize and motivate others.Strong analytical, problem-solving and workflow analysis skills, including demonstrated ability to quickly synthesize information from various sources, identifying key points and issues.Excellent communication (verbal, written and presentation) skills, including ability to convey complex situations and relationships concisely to management and executive level audiences.Strong organizational skills, with a high degree of initiative and ability to self-start and self-prioritize assignments and make timely and effective decisions.Highly proficient in Microsoft Office (Word, Excel, Visio, Outlook, PowerPoint).PHYSICAL REQUIREMENTS:Prolonged sitting throughout the workday with occasional mobility required.Corrected vision within the normal range.Hearing within normal range. A device to enhance hearing will be provided if needed.Ability to lift 15 lbs. as may be required.Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.Unusually long or inconsistent hours may be required to accomplish tasks.Travel may be needed to accomplish tasks. Overnight travel is sometimes necessary.

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