Job Title: Enterprise Risk Management Analyst

Position Location: Raleigh, NC. Hybrid Position, must live locally.

Your impact:

The ERM Analyst will be responsible for implementing and maintaining Coastal's Enterprise Risk Management framework, including continuously updating the organization's risk appetite statement and ensuring that new and emerging risks are captured in Coastal's master risk register. In this role, you will be responsible for meeting with internal stakeholders to identify and assess internal processes and controls. By building strong partnerships with business units, you will enable the completion and update of risk assessments that accurately measure the credit union's residual risks. You will also develop quarterly ERM reports and updates for the Enterprise Risk Management Committee.

As a key contributor to the Coastal team, your responsibilities will be:

• Collaborate with business units to develop risk registers: research, identify, and ensure the timely assessment of new and emerging risk (internal and external) that impact credit unions or financial institutions and feed into our master risk register (20%).

• Update and provide periodic reports on the status of Coastal's ERM program, enterprise-wide risk assessments and recommendations, emerging risks under consideration that can be shared with stakeholders as appropriate, the Enterprise Risk Management Committee, and the Board of Directors (20%)

• Work with Project Office and stakeholders to analyze risk and control mitigants of new corporate projects and ensure that regulatory changes and necessary controls are incorporated into the ERM framework (15%)

• Make recommendations regarding Coastal's Risk Appetite Statement annually, considering organizational and external changes that could impact risk tolerances; prepare updates that will be submitted to Risk Management leadership for review and approval (15%)

• Coordinate and conduct ad hoc (risk-based) risk assessments as well as compile and produce quarterly updates on the Credit Union's highest residual risks and report on any risk tolerance exceptions (20%)

• Review risk policies annually and propose changes to Risk Management leadership to ensure consistency across the organization and paper updates and recommendations for review (10%)

Interested? Here are the qualifications we need to see on your resume:

Experience:

• Five years' experience in:
  • ERM, including experience in Quantitative and Data Analytics
  • Building and conducting risk assessments as part of an Enterprise Risk Management program
  • Utilizing pivot tables, formulae to build stress tests, and regression analyses
• Three years' experience in:
  • Drafting executive-level reports

• Reading and interpreting laws and regulations affecting financial institutions

Education:

• Required:
  • High school diploma or equivalent.
• Preferred:
  • Related bachelor's degree in business, finance, economics, or mathematics preferred
  • Current certification or actively pursuing a certification in Enterprise Risk Management preferred
  • Regulatory compliance certifications (CRCM, NCCO, CUCE)

For consideration visit https://coastal24.applicantpool.com/jobs/ . You can also scroll back up to the top of this page to the "Apply Now" section.

Deadline for Application: All resumes must be received on or before 12/21/2024

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Coastal Federal Credit Union is committed to providing reasonable accommodations to applicants who may have disabilities. If you need special assistance or an accommodation in applying for employment, please contact our HR department at slepanto@coastal24.com. Request for reasonable accommodation will be considered on a case by case basis.

"It's our duty to create a workplace and company culture where everyone feels heard and valued, and is appreciated for their unique backgrounds, experiences, and perspectives. At the end of the day, what truly matters is that every person who walks through our doors believes that they are an integral part of our team and can bring their best, true self to work each day. Building a culture of inclusivity means creating an environment where everyone thrives and succeeds together."

-Tyler Grodi, CEO

VEVRAA Federal Contractor

Equal Opportunity/Affirmative Action Employer

Minority/Female/Disability/Veterans