AVP, Enterprise and Operational Risk Management

About the role

The AVP, Enterprise and Operational Risk Management will need to come into our Linthicum, Maryland headquarters 1-2 days per week.

Responsibilities

• Support the VP, EORM with the daily operation and administration of the SECU enterprise risk management program.
• Provide support to the organization on all matters relating to EORM policies, procedures, processes, and reporting.
• Maintain awareness and knowledge required to perform the duties of the position, including all aspects of the Bank Secrecy Act and related regulations, such as OFAC, and the USA Patriot Act, Fair Lending, and Information Security.
• Identify and discuss risk mitigation with appropriate business units regarding key emerging risks.
• Ensure SECU’s various planning processes consider the risks of key products, processes, and strategies.
• Develop and maintain organizational EORM playbooks, policies, procedures, process-flows and reference material to ensure all processes are documented, organized, and scaled to current and future state.
• Develop comprehensive risk analytics, reporting, and presentations for all EORM program areas, including risk appetite metrics development.
• Coordinate and facilitate training to all levels of the organization on the EORM program, ensuring program documentation is accurate and up to date.
• Support remediation efforts of audit, exam, compliance, and issues management findings.
• Evaluate and recommend various business continuity strategies, plans, and programs.
• Ensure business continuity planning processes consider the risks of key products, processes, and strategies.
• Coordinate and facilitate business continuity meetings and tabletop exercises.
• Present tabletop exercise and risk assessment results to senior leadership.
• Lead updates to business continuity risk assessments.
• Coordinate and facilitate annual training, program reviews, and ensure program documentation is accurate and up to date.
• Develop and maintain a comprehensive Third-Party Risk Management (TPRM) framework.
• Ensure third-party compliance with legal, regulatory, and internal policy requirements.
• Establish governance models, policies, and procedures for vendor oversight.
• Support initial and ongoing vendor due diligence reviews, document collection/retention, and risk rating of vendors.
• Implement and monitor controls and testing programs to validate vendor compliance and performance, drive continuous improvement.
• Identify and mitigate third-party risks, establish enhanced oversight for critical and high-risk vendors.
• Lead Third-Party Risk Management Reporting.
• Establish and maintain a framework to manage and evaluate corporate insurance programs.
• Oversee end-to-end insurance claims management, serving as a central liaison between insurers, brokers, and SECU.
• Lead all aspects of annual corporate insurance renewal cycles.
• Assess emerging risks and coverage needs, monitor and evaluate performance and recommendations to risk transfer strategies.

Requirements

• Bachelor’s degree required.
• Advanced Degree in Business Administration, Banking, Finance, and/or Law preferred.
• 6-9 years’ experience in governance, risk, or compliance roles in a financial institution or regulatory oversight, bank examiner roles within a regulatory agency.
• Experience with risk analytics and reporting platforms preferred, developing and running reports, incorporating them into dashboards and executive-level reporting.
• Seasoned experience with Microsoft programs including Word, Excel, Powerpoint, and Outlook.
• Experienced in financial institution risk management practices, preferably in a credit union.
• Prioritizes tasks effectively to support team goals and organizational timelines.
• Applies critical thinking to troubleshoot issues and escalate concerns when appropriate.
• Understands the importance of confidentiality, compliance, and ethical behavior in daily responsibilities.
• Takes personal responsibility for decisions, actions, failures and overall deliverable.
• Utilizes oral and written communication to enhance relationships across the organization.
• Maintains composure and effectiveness when experiencing major changes in work tasks or the work environment.
• Adjusts effectively to work within new work structures, processes, requirements, or cultures.
• Maintains professionalism in communication, behavior, and representation of SECU.
• Demonstrates an understanding of SECU’s culture, core values, mission and strategic priorities as it relates to one’s work and overall performance.

Qualifications

• Must be able to remain in a stationary position, often standing or sitting for prolonged periods.
• Must be able to lift up to 25 pounds.

Benefits

We provide comprehensive benefits, with a focus on total well-being: Medical, vision, dental benefits, 401k plan with company matching, generous sick, vacation and personal leave, and more...

Pay

Salary: Min. $142,000– Max. $200,000

Schedule

Will need to come into our Linthicum, Maryland headquarters 1-2 days per week.