Regulatory Enterprise Risk Manager - BluPeak Credit Union

The Regulatory Enterprise Risk Manager plays a key role in supporting BluPeak Credit Union enterprise-wide operational risk and control assessment and monitoring programs performed by both the first and second lines of defense. These programs are maintained to ensure the identification, assessment and control of regulatory compliance requirements, as well as operational risks inherent in all material products, activities, processes, and systems across the organization. The primary scope of the role includes identifying, monitoring, and analyzing Key Risk and Key Performance Indicators (KRI/KPIs), facilitating Risk Control Self Assessments (RCSAs) to ensure processes are performed safely and soundly, in compliance with regulatory requirements, and in support of credit union goal attainment.

The role will administer tracking of action plans to mitigate risk and the risk acceptance processes. This role help BluPeak Credit Union assess its exposure to potential risks and make informed decisions to mitigate and manage them 

This role will perform all of the listed items with suitable supervision and will exhibit solid independent judgement and effective problem-solving skills.

• Facilitates validation, mapping to controls, remediation planning, tracking and reporting of key business metrics.
• Analyzes the Key Risk Indicators (KRIs), Key Performance Indicators (KPIs) which helps management drive effective business strategies and ensure compliance with rules, regulations, policies and procedures.
• Assist in the design and execution of RCSAs to effectively identify existing risks and controls, and potential gaps.
• Supports business units in developing information metrics and reporting pathways.
• Liaises with functional business units in producing metric data submission and managing any applicable dependencies.
• Performs quality control and analyzes documentation for evidence that KRIs and KPIs are effectively measuring the intended process/outcome. Assists business units in establishing metric measures to assess completeness, accuracy and timeliness of the intended process/outcome.
• Monitors metric performance and helps identify and measure trends.
• Collaborates with business units to facilitate the collection of metric data and performs an initial analysis of metric data as directed by management.
• Performs first line of defense data analysis, report preparation and trend analysis, utilizing business intelligence tools.
• Identifies and recommends opportunities for improvement that will strengthen the overall control environment.
• Supports management in translating control deficiencies into action plans.
• Participates in initiatives and recommends opportunities for improved efficiency, effectiveness and/or risk reduction.
• Helps facilitate the risk acceptance process including analysis, documentation and approvals routing.
• Assists in conducting periodic risk and control assessments of operational areas to identify areas of risk, according to our established ERM Risk Framework and regulatory requirements, including the documentation of risks, identification of risk owners, measurement of risks, and facilitation of appropriate risk treatment plans.
• Performs ongoing monitoring of established business controls and applies maturing knowledge to evaluate the effectiveness of established business controls.
• Contributes to the enhancement of governance practices in alignment with risk and compliance frameworks.
• Supports management in the gathering and delivery of documents for regulatory examinations or related processes.

•Once fully implemented, manage daily operations of the RCSAs and KPI/KRIs with minimal supervision

•Other duties as assigned.

EDUCATION and/or EXPERIENCE

• Bachelor's degree or equivalent work experience
• Three (3) to five (5) or more years of related experience in a financial institution or the financial industry with relevant experience working with performance metrics, KRI/KPI reporting, quality assurance, gap/risk analysis and/or control testing.
o Strong computer skills and willingness to learn ERM specific software programs.
o Effective written and verbal communications, analytical, and interpersonal skills
o Strong problem solving and critical thinking skills.
o Professional and service focused communication etiquette
o Organized, efficient, and able to prioritize work to meet deadlines.
o Manage and administer processes with appropriate direction from management.
o Detail oriented to generate accurate and precise results.
o Ability to work effectively with all levels of management and staff.

Must be organized, self-disciplined and detail-oriented with the ability to manage and juggle multiple projects. Persistent and dependable, especially in meeting deadlines; able to manage multiple competing priorities. This position may request occasional scheduling flexibility or afterhours.

Supervisory Responsibilities
This job does not supervise other staff but will act in a lead capacity for various projects, initiatives, processes, and situations.

Technology Proficiency
To perform this job, the employee must possess applicable technology skills and demonstrated expertise. Ability to use Word for Windows, Excel, Power Point and other Microsoft Office applications, as well as the ability to learn new applications quickly; requires general knowledge of network and database use. Experience with the Keystone account software and the Logicgate software a plus.

Certificates, Licenses, Registrations
Must have or be willing to obtain job related certifications.

BluPeak Credit Union is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

Employment may be contingent upon BluPeak Credit Union’s receipt of an acceptable and job-related background check, drug screen, credit check and vaccine verification, as applicable and permissible by law. BluPeak Credit Union is committed to the safety and wellbeing of our employees and their families; our members and visitors; and the community at large. In accordance with our duty to provide and maintain a workplace that is free of known hazards, we are requiring that employees must have received or be willing to receive the COVID-19 vaccine. BluPeak Credit Union continues to monitor the pandemic following CDC guidelines, federal state and local laws. Policies continue to be adjusted as new information emerges.

BluPeak Credit Union is committed to working and provide reasonable accommodation to applicants with physical, mental disabilities and sincerely held religious beliefs. For more information, contact Human Resources.

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