Description
Founded in 1948, Arsenal Credit Union is a $413M federally insured, state-chartered credit union focused on providing great service to our members through our branch network and digital banking channels. It’s our goal to equip members with tools and technology that put them in control so they can crush their financial goals with confidence.
As a 2024 Top Workplace award recipient by the St. Louis Post Dispatch, we're proud of our culture of unity and commitment to our employees. We firmly believe that our employees are our most valuable resource and are dedicated to providing them with a positive and supportive work environment. We strive to foster fair treatment, open communication, personal accountability, trust, and mutual respect. By doing so, we aim to empower our employees to advocate for our members, provide the best possible service, and be their ally for good.
We have an opening for an AVP Risk Management at our corporate office in Arnold, MO.
The AVP Risk Management is responsible for developing and maintaining a comprehensive Enterprise Risk Management program. Accomplishing this will include leading the design and implementation of our business continuity plans and third-party vendor management, developing and implementing comprehensive risk management strategies to safeguard the financial integrity and reputation of the credit union, and fostering a risk-aware culture by promoting communication and understanding of risk management across the organization.
The ideal candidate will be in the St. Louis/Arnold area and commute to our corporate office.
What will you be responsible for:
- Establish and maintain the credit union’s Enterprise Risk Management (ERM) framework.
- Identify, assess, and prioritize strategic, operational, financial, and compliance risks.
- Analyze a multitude of scoreboards/performance management tools to mitigate exposures to risk.
- Implement risk mitigation strategies and monitor the effectiveness of risk controls.
- Develop and maintain a robust compliance program, including policies, procedures, and training initiatives.
- Provide regular updates to senior management and the Board on the status of risk management initiatives and make recommendations for areas that need further development or change.
- Develop and oversee a comprehensive vendor management program to assess, monitor, and manage third-party risk.
- Oversee the internal audit function, ensuring that audits are conducted effectively and efficiently.
- Provide guidance on risk mitigation strategies based on internal audit findings.
Requirements
What skills does this position require?
- Bachelor’s degree or experience in Business Administration, Accounting, Finance, or a related field
- Seven to ten years of experience in related regulatory compliance position, audit, or loss prevention
- A minimum of five years of management experience
- Thorough knowledge of applicable federal and state financial regulations
- Outstanding verbal and written communication and influencing skills through all levels of the Credit Union and with external partners and vendors.
- Ability to clearly and effectively communicate, including the ability to summarize and explain complex findings and issues to a wide range of audiences.
What does Arsenal Credit Union offer?
- Working at Arsenal is more than a job – You are part of a mission that puts helping people above all else. With up to eight hours of paid volunteer time each year, we reach out to the communities we serve!
- On-the-job training and Career Growth Opportunities – Our goal is to provide all the training necessary for our new team members to feel secure and confident in their roles and learn and advance their careers with Arsenal Credit Union.
Benefits include:
- 401k Retirement Plan with up to 5% company match
- Paid Time Off
- 11 Paid Holidays each year
- Health, Dental, and Vision Insurance options
- FREE Group Term Life Insurance
- FREE AD&D Insurance
- FREE Long/Short-Term Disability
Arsenal Credit Union is an EOE/M/F/Disability/Veteran
