Third Party Relationship & Enterprise Risk Manager

Job Description

Job Description

Our Core Values

The credit union is a values-driven organization. Our Core Values are at the center of everything we do and are the driving force behind our mission : We help people and communities prosper.

1. Everyone Counts - We promote a diverse and fair workplace to better serve our Members, Team Members and Communities, fostering an environment of transparency, trust, and respect.

2. Innovate Boldly – We dream big, challenge the status quo, move with agility, and embrace data-driven decisions. We listen and continuously make the impossible possible.

3. Embrace the Fun! – We take joy in our work by welcoming kindness, integrity, and authenticity.

4. Own It – Valley Strong is ours to grow. We hold ourselves accountable to doing our best work every day and are empowered to do what’s right.

Position Summary

Department

Enterprise Risk and Compliance

The Enterprise Risk and Third-Party Risk Manager is responsible for the oversight, administration, and ongoing effectiveness of the Credit Union’s enterprise risk management and third-party risk management programs. This position operates as a second line of defense role within the Enterprise Risk and Compliance department and provides independent risk identification, assessment, monitoring, and reporting across operational, compliance, strategic, and third-party risk areas.

This role does not own or administer BSA AML or OFAC programs. The position is responsible for ensuring that relevant regulatory and risk considerations including financial crime, data protection, and privacy requirements are appropriately identified, assessed, documented, and monitored within third party relationships.

The role provides objective risk analysis, reporting, and documentation to inform management and governance decision making. The position does not negotiate contracts or manage vendors operationally and maintains independence from first line business activities.

Essential Duties

• Enterprise Risk Management

Manage the enterprise risk management framework, including administration, maintenance, and periodic enhancement

Supervisory Responsibilities

Supervisory Responsibilities

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required.

Education

Min / Preferred

Education Level

Description

Minimum

4 Year / Bachelor's Degree

In business, finance, accounting, risk management, or a related field

Preferred

Graduate Degree

Experience

Minimum Years of Experience

Comments

Five to eight years of progressively responsible experience in enterprise risk management, third party risk management, internal audit, compliance, or related areas

Experience performing independent risk assessments, oversight activities, or control evaluations

Experience working in a regulated or complex operating environment preferred

Language Skills

Ability to read and comprehend instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to Members and other Team Members at the organization.

Mathematical Skills

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute dividends and interest.

Reasoning Ability

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written or oral form.

Physical Demands

The physical demands described here are representative of those that must be met by a Team Member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Other Skills and Abilities

Must be able to process transactions in an efficient manner. Must be able to communicate policies and procedures to Members in an easily understood and professional manner.

Must comply with all Bank Secrecy Act (BSA) and other Anti-Money Laundering (AML) laws and regulations, as they pertain to federal guidelines and internal policies and procedures.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills, or working conditions.