Requisition Number: INTER003650
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- Posted: October 9, 2024
- Full-Time
- On-site
Locations
Showing 1 location
Pass Road Hqtrs
2602 Pass Road
Biloxi, MS 39531, USA
Description
Keesler Federal Credit Union team members enjoy competitive salaries and a wide range of benefits, some of which include:
- Medical, dental, and vision insurance
- Section 125 Flexible Spending Accounts for Health Care and Dependent Care expenses
- Employee and Dependent Life Insurance
- 401(k) Retirement Plan with 100% match on the first 5% contributed by you
- Tuition Reimbursement and Competitive Scholarships
- Short Term & Long-Term Disability Benefits
- Employee Assistance Program
WE CURRENTLY DO NOT SPONSOR WORK RELATED VISAS
Reports to: Director of Enterprise Risk Management
FLSA: Exempt Grade: 13
Summary: The Enterprise Risk Officer will be responsible for identifying, evaluating, measuring, and monitoring enterprise risk functions. This position will oversee and manage risk exposure to the organization to ensure the overall success of the credit union, and requires significant independent judgement and the ability to work effectively without supervision.
Supervisory Responsibilities:
Directly supervises the Enterprise Risk Team to include assigning and directing work, overseeing testing, training, coaching, and assisting in evaluations. Acts as the first point of contact for escalated risk issues.
Essential Functions:
- Develop thoughtful, well-organized analytics of enterprise risk issues.
- Oversee the effectiveness of the risk assessment process and risk framework.
- Leads risk review schedule to ensure all assessments and reviews are completed in accordance with the established schedule set by the Enterprise Risk Governance Manager.
- Lead the build-out and implementation of new risk management procedures, processes, and methodologies.
- Attend project management/business process improvement meetings as the Enterprise Risk Management liaison and carry out risk assessments as necessary.
- Lead the risk management team, maintain adequate training, oversight, and coaching to ensure procedures are properly performed.
- Conduct execution of the COSO risk framework including independent monitoring and testing of controls and risk management processes.
- Coordinates with key stakeholders for logistics and committee meeting preparation.
- Partner with front line business units to ensure appropriate escalation of risks in accordance with the organization’s risk governance framework and regulatory requirements.
- Extracts data from various sources and utilize data to build moderately complex financial models that predict risk exposure.
- Identifies, monitors, and reports on areas of concentration within the lending department that represent an inordinate risk and loss exposure.
- Conduct root-cause analysis of risk events that are trending towards surpassing KFCU risk tolerance levels.
- Reassess the Credit Union’s risk tolerance towards the NCUA seven risk categories to ensure there is an accurate prioritization of remediation efforts.
- Understand the credit union’s assets, liabilities, and financial objectives.
- Review the delinquent and charged-off loan portfolio, analyzes trends in loan portfolios and potential areas of concern.
- Responsible for analyzing quarterly credit reviews.
- Makes recommendations to improve the credit risk analytical process.
- Works closely with the lending department and Default Operations for data validation.
- Provide effective leadership to the Risk Management team and assisting in building team cohesiveness and engagement.
- Facilitate the incorporation of risk ownership and independent oversight across the lines of defense.
Other Duties and Responsibilities:
- Maintains current on any changes and/or additions that may impact the Credit Union’s risk rating.
- Perform other duties as assigned by the Enterprise Risk Governance Manager.
- Continues professional development through self-training (books, periodicals, membership in professional groups, etc.), seminars, and in-house training sessions.
Knowledge and Skills:
- Analytical Thinking
- Coaching
- Issue Management
Education:
- Bachelor’s Degree in Business
Experience and Other Requirements:
- Four to Six years financial institution experience required.
- Two to Four years risk management experience required.
- Two to Five years management experience preferred.
- Proficient knowledge of risk analysis techniques and theories, with a strong understanding of regulatory environments affecting the financial industry.
- High level of accuracy and attention to detail.
- Ability to handle multiple complex deadlines.
Interpersonal Skills:
The ability to motivate or influence others is a material part of the job, requiring a significant level of diplomacy and trust. Obtaining cooperation (internally and/or externally) is an important part of the job and a high level of interpersonal skills is critical to the success of this position. Work frequently involves contacts requiring considerable discussion of problems, material presentations, and resolving issues impacting departments or divisions.
Computer Skills:
- Knowledge of information technology capabilities and procedures. Must be proficient in the use of a personal PC or laptop, including proficiency with word processing, spreadsheet, and presentation software.
- Intermediate mathematical and accounting skills required.
- Experience with e-mail software and use of the Internet required.
- Experience with Symitar financial institution software a plus.
- Experience with GRC software a plus.
- Experience with nCino data analytics software.
Certificates, Licenses, and Registrations:
Displays a willingness to obtain certification from America’s Credit Unions.
Physical Demands:
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 may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit, use hands to finger, handle or feel, reach with hands and arms, talk, and hear. The employee is frequently required to stand and walk. The employee is occasionally required to lift, carry, and/or move up to 20 pounds.
The work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The human resources department retains the sole rights and discretion to make changes to this job description.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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