Executive Head of Enterprise Risk Management

Why should you join our team?

American AgCredit offers a unique opportunity to be a part of a national financial system supporting those who feed, clothe and fuel the world. We are a growing organization embracing collaboration and innovation while delivering transformative solutions. American AgCredit provides a cultivating environment where you truly make a difference for our customers and teams.

Benefits offered by American AgCredit:

• Commitment to agriculture and the communities we serve
• Family friendly work environment
• Investment in employee development
• Medical, Dental and Vision coverage
• Outstanding 401k – automatic 3% employer contribution, plus match up to 6%
• Generous Paid Time Off (Vacation accrued at 26 days annually, Sick Days accrued at 15 days annually, 12 paid holidays, plus 16 hours of volunteer time)
• Competitive Incentive Compensation Plan
• Disability & Life Insurance
• Employee mental, physical, and financial wellness programs
• The position is bonus eligible based on association and personal performance

Position will be posted until filled.

OVERVIEW:

The Executive Head of Enterprise Risk Management (ERM) is a senior leadership role responsible for developing, implementing, overseeing and continuously improving the Association’s comprehensive Enterprise Risk Management program. This involves identifying, assessing, mitigating and monitoring a wide range of risks that could impact the Association’s strategic objectives, operations, reputation, and financial stability. This role is also responsible for building and managing the ERM department itself, establishing its structure, policies, and procedures.  This position will work closely with the Association’s senior leaders to identify, assess, respond to, measure, monitor and communicate key business risks and opportunities.
 

KEY RESPONSIBILITIES:

Strategic Risk Leadership:

• Design and maintain the Association’s risk management strategy, ensuring alignment with business objectives and regulatory expectations.

• Drive second line strategy for risk assessment and alignment.

• Serve as a trusted advisor to the Executive Team and Board on risk exposures, trends, and mitigation strategies.

• Work directly and cooperatively with all three lines of responsibility to ensure that the scope and frequency of risk assurance reviews are appropriate to the Association’s risk profile.

• Ensure integration of risk appetite and risk culture into strategic planning, operations and performance monitoring and support leadership across the Association with the appropriate articulation of the risk appetite.

• Drive continuous improvement of the Association’s risk management practices, commensurate with its size and complexity.

• Collaborate with leaders at other Farm Credit organizations to evaluate emerging risks, new initiatives and material changes, as well as assist with System initiatives as needed.

• Champion a strong risk culture across the organization, embedding risk awareness into decision-making and performance management.

• Partner with Strategy, Finance and Capital Planning Teams to integrate risk insights into strategic decision making, capital adequacy assessments and enterprise stress testing.

Building & Managing the ERM Department:

• Build, lead and mentor a high performing risk management team with deep expertise across risk domains.

• Provide support to all business functions as it pertains to their specific risk management efforts, including model risk, third party risk, cybersecurity risk, ESG risk initiatives and other risk initiatives that make up the broader ERM portfolio.

• Oversee the Association’s crisis management and business continuity frameworks to ensure preparedness for operational disruptions and systemic events

• Communicate with Senior Leaders, the Executive Team and Board of Directors.

ERM Risk Identification, Assessment & Quantification:

• Develop and mature the operational risk management framework, capabilities and activities.

• Design and conduct comprehensive risk assessments to ensure that all existing and emerging risks are appropriately identified, prioritized, and managed.

• Monitor and leverage the Association’s GRC tool to ensure its framework remains appropriate to drive strategic risk management and ensure overall resilience.

• Actively collaborate with cross-