Current job opportunities are posted here as they become available.
Department: | Risk Management |
Location: | Linthicum, MD |
Who we are:
At SECU, we put our employees first, recognizing that their well-being and professional development are vital to our success. By fostering a supportive and empowering work environment, our employees are committed to helping members achieve long-term financial security. They are also inspired to give back to the communities we serve by volunteering and spreading kindness, which reflects our core values and who we are as an organization.
Every employee at SECU contributes to our member’s financial well-being, and we’ll always do what’s right for our members, employees, and communities.
Feel good about what you do. Belong to a place where you matter and can make a difference.
What you will do:
Leads the ongoing development and implementation of the credit union’s enterprise risk management program and supporting functions including: Business Continuity, Vendor Management, Member Complaints, Legal, and Compliance. Aims to proactively identify, assess, mitigate, monitor and report risks, potential threats, and losses to the organization. Responsible for driving a robust risk culture as part of a transformation effort towards SECU’s one-page strategy.
The VP, Enterprise Risk Management adheres to regulations and organizational policies, maintaining awareness and knowledge required to perform the duties of the position, including all aspects of the Bank Secrecy Act and related regulations, such as OFAC, and the USA Patriot Act, Fair Lending and Information Security.
A day in your life might include:
Enterprise Risk Management Program
• Designs, develops, evaluates, and recommends various risk management strategies, plans, and programs; suggests changes as needed and coordinates implementation.
• Leads the credit union in continually assessing its risk exposures throughout the organization.
• Identifies key emerging risks, assesses their potential impact on SECU, and discusses risk mitigation with appropriate business units.
• Ensures that SECU’s various planning processes consider the risks of key products, processes and strategies.
• Coordinates and facilitates Governance Risk & Compliance Committee (GRC) meetings to discuss key risk issues, identify emerging risks, and identify plans to address such risks.
• Presents ERM risk assessment results to executive leadership and Board.
• Leads updates to ERM risk assessments and annual risk assessments.
• Reviews and approves risk assessments prior to their submission to ELT.
• Participates in the annual assessment of SECU’s capital adequacy in light of SECU’s overall risk levels, making suggestions to increase capital or reduce risk to move toward a desired level of capital adequacy, and presenting results of that study to executive leadership and the Board.
• Provides ongoing training to staff on the ERM program, as needed.
• Manages the member complaint program and provides reports to executive leadership, supervisory committee, and the board.
• Provides executive leadership and the board with information as risk profile changes.
• Reviews SECU’s fidelity bond and insurance is current; assesses coverage and makes recommendations for adjusting limits to appropriately cover risk.
Business Continuity Program
• Designs, develops, evaluates, and recommends various business continuity strategies, plans, and programs.
• Leads the credit union in continually assessing its business continuity throughout the organization.
• Identifies key emerging risks, assesses their potential impact on SECU, and discusses risk mitigation with appropriate business units.
• Ensures that SECU’s various business continuity planning processes consider the risks of key products, processes and strategies.
• Coordinates and facilitates business continuity meetings and tabletop exercises.
• Presents table top exercise and risk assessment results to executive leadership and the Board.
• Leads updates to business continuity risk assessments.
• Coordinates and facilitates annual training, program reviews and ensures program documentation is accurate and up to date.
Operational Risk Support
• Conducts operational risk assessments. Oversees annual review and updates of risk assessments.
• Identifies, tracks, and monitors operational risks. Supports remediation efforts. Maintains Risk Tracker.
• Supports the Vendor Management program; provides daily support to initial and ongoing vendor due diligence reviews, documents collection/retention and risk rating of vendors.
• Develops comprehensive reporting and presentations for all program areas.
• Coordinates annual training requirements for responsible program areas.
• Supports SECU projects and initiatives.
• Fosters a culture of compliance and legal awareness organizationally; remains aware of the risks facing SECU and the industry.
• Serves on various projects and performs other duties as assigned.
What we need from you:
Education Requirements
• Degree in Business Administration, Banking, Finance or Law preferred.
Experience Requirements
• 7 to 10 years’ experience in a financial institution environment or as bank examiner with a regulatory agency.
• Must have seasoned experience with Microsoft programs including Word, Excel and Outlook.
• Must be experienced in financial institution practices, preferably in a credit union.
• Takes personal responsibility for decisions, actions, failures and overall deliverables
• Utilizes oral and written communication to enhance relationships across the organization
• Clearly communicates information, thoughts and ideas in a clear, concise and organized manner
• Relates comfortably with people across levels, functions, culture, and geography
• Possesses a clear understanding of strengths, limitations, emotions, beliefs, and motivations of self and others
• Maintains composure and effectiveness when experiencing major changes in work tasks or the work environment
• Adjusts effectively to work within new work structures, processes, requirements, or cultures
• Demonstrates an understanding of SECU’s culture, core values, mission and strategic priorities as it relates to one’s work and overall performance
Compensation Information: Offers will be commensurate with experience and education. Please Note, the full salary range for Grade L is listed below, but we typically hire at or below mid-point, which is $238,600 for this role.
• Grade L Salary Range: Min. $170,400 – Max. $306,800
Other Compensation Includes:
• Annual corporate-wide incentive
We provide comprehensive benefits, with a focus on total well-being:
• Medical, vision, dental benefits
• 401k plan with company matching
• Generous sick, vacation and personal leave
• And more...2025SECUBenefitsGuide.pdf
SECU is committed to fostering a diverse, equitable, and inclusive workforce where all individuals are valued and respected. We take pride in providing equal opportunities for all qualified applicants regardless of race, ethnicity, national origin, gender, sexual orientation, gender identity or expression, religion, military or veteran status, or any other characteristics protected by law.