Director of Risk Operations and Analytics

Ent Credit Union exists to improve the financial quality of life of the people we serve. This mission drives us every day, but we are more than our mission. We're also individuals using our unique abilities to make our organization, and the communities we serve, better than they were yesterday. We're a not-for-profit that puts people above profits and actively invests in our community. Our rapidly growing team is expanding our reach to serve more people throughout Colorado. To spread our mission far and wide, we need people like you. If you're interested in a paycheck with a purpose, apply with us today. Our people make the difference, and we truly believe you are our greatest asset.

We're a fast-growing credit union with over $10 billion in assets, working hard to stay ahead in a regulatory environment that's evolving at warp speed. Our Risk Management team is laser-focused on building programs that drive strategic growth, while enabling innovation across all business units. We're looking for a passionate, forward-thinking leader to join us as Director of Risk Operations and Analytics, a critical role that blends strategy, data, and collaboration. If you have a knack for both the big-picture vision and the operational details, and you love turning complexity into clarity, this role could be for you! As Director of Risk Operations and Analytics, you'll lead efforts in designing, implementing, and enhancing key risk programs, ensuring that they align with both our business strategy and regulatory requirements. You'll collaborate with business units, focusing on both program development and embedding an educational approach to risk management. You'll be a key player in areas ranging from concentration risk to model risk management, to governance of our core system.

Essential Functions

• Leadership and Oversight of the following: Under the strategic guidance of the Vice President of Risk, the Director will focus on leading a team tasked with designing, building, and scaling key risk programs, ensuring they align with business goals and regulatory requirements. Key programs will be the followin. Issues Management (Enhancing and Sustaining the Program) - Spearhead the Issues Management program by identifying, tracking, and resolving risks across the credit union. Partner with business units to ensure that risk mitigation efforts are proactive and ingrained into everyday operations. Risk & Regulatory Reporting (Developing and Sustaining the Program) - Drive the development of a cutting-edge risk and regulatory reporting framework. Ensure all reporting is accurate, timely, and actionable for internal leadership and external regulatory bodies. Collaborate with business units to produce meaningful risk insights that align with business objectives. Concentration Risk (Developing and Sustaining the Program) - Oversee the development of our Concentration Risk program. Establish key metrics, thresholds, and reporting structures that will help identify, assess, and mitigate concentrations of risk across credit portfolios, vendor relationships, and operational activities. Model Risk Management (Developing and Sustaining the Program) - Take the reins on overseeing the building of a scalable Model Risk Management framework. Partner with analytics teams to ensure that financial, operational, and strategic models are rigorously governed, validated, and monitored for ongoing accuracy and relevance. Core Systems Governance & User Control (Enhancing and Sustaining the Program) - Oversee and enhance the governance of our core systems, ensuring that user access controls, policies, and governance mechanisms align with security protocols and regulatory requirements. Drive continuous improvements to safeguard our systems and data integrity. Corporate Insurance Program (Sustaining the Program) - Assist the VP of Risk with managing the Corporate Insurance Program, ensuring we maintain comprehensive, efficient coverage for all critical operations. Leverage the maturity of this program to anticipate and mitigate emerging risks as the organization grows.
• Reporting and Analytics: Under the strategic guidance of the Vice President of Risk, the Director will take ownership of creating data-driven reports and insights to inform decision-making at all levels. Key elements of the reporting and analytics program will be Risk Reporting & Analytics, Develop and maintain a dynamic risk reporting and analytics framework. Translate complex data into actionable insights that drive informed decision-making at both strategic and operational levels. Focus on data-driven decision-making, Utilize analytics to provide clear, insightful reports to senior leadership. Ensure risk data is used effectively to inform business decisions, identify trends, and predict future risk exposures. Regulatory Reporting, Oversee the development of regulatory reporting processes, ensuring timely and accurate submissions. Collaborate with compliance and legal teams to ensure all reports meet regulatory requirements and reflect the credit union's risk posture.
• Staff Development and Training: Independently focus on cultivating a high-performing team and fostering an educational approach to risk management throughout the organization. Lead, mentor, and develop a team of risk professionals, creating growth and professional development opportunities. Foster a collaborative, high-performance culture that encourages innovation, continuous learning, and accountability. Take an educational approach to risk management, champion a proactive, and work closely with business units to increase their understanding of risk principles. Equip teams with the knowledge and tools they need to make risk-aware decisions and drive strategic growth. Collaborate across departments to embed risk management into business operations. Act as a key resource for educating and guiding business units on risk management best practices, ensuring alignment with the credit union's strategic objectives. Conduct performance reviews, and establish goals. Approve PTO requests, hiring, performance improvement/development plans, and terminations as needed.
• Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Minimum Formal Qualifications for this Position

• Bachelor's Degree in Accounting, Business, Finance, Information Systems Related focus or other related discipline.
• 8+ Years of relevant experience related to risk management, program development, and system management.
• 3+ Years team leadership or management experience.
• Master's Degree in Accounting, Business, Finance, Risk Management or other related discipline preferred
• 5+ Years financial industry experience preferred

Each year of relevant work experience may be exchanged for a year in a relevant degree program or vice versa. For example, a requirement of a bachelor's degree in accounting and 2+ years of account experience could be substituted for a high school diploma and 6 years of relevant accounting work experience or a master's degree in accounting and 0 years of work experience.

Technical or Specialized Knowledge/Skills:

• Ability to foster open communications, listen effectively and build strong partnership networks.
• Ability to analyze trends and suggest solutions to challenges.
• Ability to manage change and effectively influence and consistently build strong lasting working relationships with stakeholders across all levels.
• Written and verbal communication skills.
• Ability to express complex ideas using simple terminology.
• Work ethic, accountability, integrity, high degree of autonomy and personal drive.
• Excel and PowerPoint skills.
• Aptitude for leadership, mentoring staff, and initiative.
• Understanding of what makes an effective risk management framework and how the underlying components are connected, as well as understanding effective governance.

Certifications Required:

• None

Environmental, Physical and Psychological Requirements

• Standing - Occasionally
• Walking - Occasionally
• Sitting - Frequently
• Lifting - Rarely (40 Lbs)
• Carrying - Rarely
• Pushing - Rarely
• Pulling - Rarely
• Balancing - Rarely
• Stooping - Rarely
• Kneeling - Rarely
• Crouching - Rarely
• Crawling - Rarely
• Reaching - Occasionally
• Handling - Occasionally
• Grasping - Occasionally
• Feeling - Occasionally
• Talking - Frequently
• Hearing - Frequently
• Repetitive Motions - Frequently
• Eye/Hand/Foot Coordination - Occasionally
• Noises louder than normal speaking volume - Occasionally
• Temperature Changes - Rarely
• Atmospheric Conditions - Rarely

The pay range for this position is: $125,819 to $165,131 per Year (S19)

Final compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, and internal pay equity.

We anticipate this position to close on 10/21/2024. Please submit your application at your earliest convenience to be considered.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.

Benefits Summary Sheet - 2024

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)