AVP, Enterprise and Operational Risk Management

SECU Credit Union

$142K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; advanced degree preferred in business, banking, finance, or law.
  • 6-9 years of experience in governance, risk, or compliance roles; exposure to financial institutions required.
  • Familiarity with risk analytics and reporting platforms preferred, with strong Microsoft Office skills.
  • In-depth understanding of financial institution risk management, especially within credit unions.
  • Proven ability to effectively prioritize tasks and troubleshoot issues in a high-stakes environment.

Responsibilities

  • Support the daily operations of the Enterprise Risk Management program, focusing on key operational risk functions.
  • Develop and maintain EORM documentation, policies, and training materials to ensure compliance and clarity.
  • Identify and assess emerging operational risks and collaborate with business units on mitigation strategies.
  • Manage the Business Continuity Program, including strategy evaluations and table-top exercises.
  • Maintain a comprehensive framework for Third-Party Risk Management, ensuring compliance across vendors.
  • Oversee corporate insurance programs, managing claims and evaluating coverage needs for risk transfer.
  • Engage with credit union partners and on various special projects as assigned.

Benefits

  • Comprehensive medical, vision, and dental coverage.
  • 401k plan with company matching contributions.
  • Generous allocations for sick, vacation, and personal leave.
  • Focus on total well-being with additional benefits.
Full Job Description
The AVP, Enterprise and Operational Risk Management will need to come into our Linthicum, Maryland headquarters 1-2 days per week.

What you will do:

The Assistant Vice President (AVP), Enterprise and Operational Risk Management (EORM) will support the VP, EORM with the daily operation and administration of the SECU enterprise risk management program. This includes responsibilities for key operational risk functions such as Business Continuity, Third-Party Risk Management, and Corporate Insurance. This position, through specialized knowledge and skill, provides support to the organization on all matters relating to EORM policies, procedures, processes, and reporting.

The AVP 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
• 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.
• Develops and maintains organizational EORM playbooks, policies, procedures, process-flows and reference material to ensure all processes are documented, organized, and scaled to current and future state.
• Develops comprehensive risk analytics, reporting, and presentations for all EORM program areas, including risk appetite metrics development.
• Coordinates and facilitates training to all levels of the organization on the EORM program, ensures program documentation is accurate and up to date.
• Supports remediation efforts of audit, exam, compliance, and issues management findings.

Business Continuity Program
• Evaluates and recommends various business continuity strategies, plans, and programs.
• 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 tabletop exercise and risk assessment results to senior leadership.
• Leads updates to business continuity risk assessments.
• Coordinates and facilitates annual training, program reviews and ensures program documentation is accurate and up to date.

Third-Party Risk Management
• Develop and maintain a comprehensive Third-Party Risk Management (TPRM) framework.
• Ensure third-party compliance with legal, regulatory, and internal policy requirements.
• Establish governance models, policies, and procedures for vendor oversight.
• Provides support to initial and ongoing vendor due diligence reviews, documents collection/retention and risk rating of vendors.
• Implement and monitor controls and testing programs to validate vendor compliance and performance, drive continuous improvement.
• Identify and mitigate third-party risks, establish enhanced oversight for critical and high-risk vendors.
• Lead Third-Party Risk Management Reporting.

Corporate Insurance
• Establish and maintain a framework to manage and evaluate corporate insurance programs.
• Oversee end-to-end insurance claims management, serving a central liaison between insurers, brokers and SECU.
• Lead all aspects of annual corporate insurance renewal cycles.
• Assess emerging risks and coverage needs, monitor and evaluate performance and recommendations to risk transfer strategies.

Additional Responsibilities may include:
• Interact and support CUSO partners and credit union partners
• Serves on various projects and performs other duties as assigned

Education Requirements
• Bachelor's degree required.
• Advanced Degree in Business Administration, Banking, Finance, and/or Law preferred.

Experience and Business Acumen Requirements
• 6-9 years' experience in governance, risk, or compliance roles in a financial institution or regulatory oversight, bank examiner roles within a regulatory agency.
• Experience with risk analytics and reporting platforms preferred, developing and running reports, incorporating them into dashboards and executive-level reporting.
• Must have seasoned experience with Microsoft programs including Word, Excel, Powerpoint, and Outlook.
• Must be experienced in financial institution risk management practices, preferably in a credit union.
• Prioritizes tasks effectively to support team goals and organizational timelines.
• Applies critical thinking to troubleshoot issues and escalate concerns when appropriate.
• Understands the importance of confidentiality, compliance, and ethical behavior in daily responsibilities.
• Takes personal responsibility for decisions, actions, failures and overall deliverable.
• 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.
• Maintains professionalism in communication, behavior, and representation of SECU.
• Demonstrates an understanding of SECU's culture, core values, mission and strategic priorities as it relates to one's work and overall performance.

Physical Requirements
• Must be able to remain in a stationary position, often standing or sitting for prolonged periods
• Must be able to lift up to 25 pounds

Compensation Information: Offers will be commensurate with experience and education.
• Salary: Min. $142,000- Max. $200,000

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...2026 SECU Benefits Guide

Similar Jobs

More Jobs at SECU Credit Union

More Finance & Insurance Jobs

Find similar AVP, Enterprise and Operational Risk Management jobs: