Broad knowledge of federal and state laws, rules, and regulations
Understanding of banking/financial industry trends and products
Expertise in debit and/or credit card fraud issues and processes
Experience leading analytics operations in a large financial institution
Proven ability to manage multiple priorities in team settings
Strong analytical skills to identify operational risk red flags
Experience supervising and collaborating with diverse teams
Bachelor's Degree in Business Administration, Auditing, or related field
Responsibilities
Conceptualize and implement tools to identify and mitigate operational and regulatory risks
Oversee functional reviews and root cause analysis of business risks
Develop and implement Key Risk Indicators (KRI) for monitoring risk exposure
Identify and remediate control deficiencies and conduct quality control reviews
Communicate quality assurance procedures and effective controls
Evaluate corrective actions from past reviews and report on recommendations
Partner with management to investigate operational risk issues and develop solutions
Ensure implementation of new operational risk policies and procedures
Benefits
Monday - Friday work schedule from 8:00 AM to 4:30 PM
Multiple locations available in Virginia and Florida
Opportunity to work in a collaborative environment
Engagement in cross-functional committees focusing on risk management
Potential for professional growth in a large financial institution
Full Job Description
Job Description
Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
Manages, directs, and supervises staff and implements policies and tactical plans relative to risk management for an assigned areas of risk. Manages one or more processes relative to the identification, analysis, control or management of the assigned risk areas and may apply specific direct expertise personally. Provides support to peer operational management on detailed treatment of cases or specific areas of risk. May participate in various cross-functional committees having a focus on specific risks. Manages professionals and/or leaders and is accountable for the performance and results of a team. Decisions are guided by policies, resources and business plan. Develop, manage and guide execution of operational initiatives to achieve tactical objectives.
Responsibilities
Conceptualize and implement tools, methods, and programs to identify and mitigate operational and regulatory risks, manage risk exposure, and ensure best practices and compliance with regulations and policies
Oversee functional and operational reviews, root cause analysis, analysis of existing business risk and the design and implementation of internal controls
Develop and implement Key Risk Indicators (KRI) to detect and monitor risk exposure
Oversee the identification and remediation of control deficiencies, conduct quality control reviews, develop solutions to strengthen controls, and oversee corrective actions to aid management decisions and mitigate operational and regulatory risks
Communicate quality assurance procedures, existing protocols, and effective controls
Evaluate the adequacy of corrective action taken on past reviews and reports on the status of approved recommendations
Partner with management and key staff from other business units to identify processes, study and investigate operational risk issues, and develop solutions
Ensure understanding and implementation of new operational risk policies and procedures
Develop and translate strategy and goals into branch objectives, plans, and actions
Qualifications
Broad knowledge of applicable federal and state laws, rules and regulations
Broad knowledge of banking/financial industry trends, products and services
Broad knowledge of debit and/or credit card fraud issues, patterns and processes
Experience leading and managing an analytics operation, preferably in a large financial institution, including operational and regulatory risk controls
Experience demonstrating thought-leadership, initiative-taking, decision making and creativity solving business problems
Experience managing multiple priorities independently and/or in a team environment to achieve goals
Broad knowledge of regulatory and industry standards impacting financial and debit/credit card products debit/credit card fraud detection, analytics, trends, programs and industry regulations
Experience analyzing data to identify red flags for operational risks
Experience supervising and leading employees
Experience working with all levels of staff, management, stakeholders, vendors
Bachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience
Desired Qualifications
Master's Degree in related field or equivalent combination of training, education and experience
Additional Information
Hours:
Monday - Friday, 8:00AM - 4:30PM
Location:
820 Follin Lane, Vienna, VA 22180
5510 Heritage Oaks Drive, Pensacola, FL 32526
141 Security Drive, Winchester, VA 22602
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
About Navy Federal Credit Union
Navy Federal Credit Union is a credit union that serves members of the military and their families. The credit union offers a range of financial products and services, including checking and savings accounts, loans, and credit cards. Navy Federal Credit Union was founded in 1933 and is headquartered in Vienna, Virginia. The credit union has more than 9 million members and operates more than 300 branches across the United States and around the world.
