Senior ERM Analyst

At VyStar, we offer competitive pay, an excellent benefit package that includes a 401(k) Plan, an extensive paid technical and on-the-job training program, and tuition reimbursement--available to all full and part time employees.  Part time positions start at a minimum of 30 hours per week.

We encourage you to become a part of VyStar Credit Union's family of employees.

Senior ERM Analyst

ACCOUNTABILITY STATEMENT: The Enterprise Risk Management department is tasked with maintaining the Enterprise Risk framework of the Company with oversight responsibility and reporting to the Enterprise Risk Management (ERM) committee of the Board. Enterprise Risk provides guidance and input to Business Units on their risk profiles and risk reporting and develops risk assessments and metrics to keep the Board informed of the Company's adherence to established risk appetite statement. This position works on complex issues with wide range of stakeholders across VyStar.

Responsibilities:

• Lead quantitative and qualitative risk assessments for complex enterprise risks
• Assists with top risk, high or critical targeted risk assessments which may include leading components of such risk assessments the development and maintenance of the enterprise and operational risk methodology policy(s) through data gathering, risk review and benchmarking analysis.
• Work within the company's Governance/Risk/Compliance (GRC) software by managing ERM’s Risk ID process
• Support other areas of the Enterprise Risk Management (ERM) team including the development and reporting of risk appetite and KPIs reports
• Perform Quality Check Reviews of ERM owned Issues and draft action plans for reasonableness and feasibility
• Partner with business stakeholders to timely review and challenge the quality of the documentation and deliverables created for each remediation milestone
• Lead and design the Risk and Control Self-Assessment (RCSA) process which rates and highlights the key risks and controls within each business unit.
• Review RCSA work conducted by Junior Analysts for accuracy and leverage inputs to maintain and enhance RCSA reporting.
• Assist business units with the development of risk metrics, limits, and tolerances for key risks
• Lead ERM Issue Management aggregation process and reporting
• Manage ERM’s self-testing process. Includes: consultation, coordination, and communication with business areas to kick-off testing, communicate/ receive status update, and discuss testing results.
• Produces management reporting on the enterprise issues inventory to highlight business risk exposure, past due items, and trends in deficiency root cause. Coordinates daily with business partners on issue progress and status update commentary.
• Enhances tool capabilities associated with risk management programs to ensure appropriate workflow controls, refine data quality/completeness, and improve end user experience.
• Supports the broader Risk organization in evolving the risk framework across all business units, ensuring alignment with the Enterprise Risk Management framework (ERM).
• All other duties as assigned (note: essential functions and responsibilities may change, or new ones may be assigned at any time with or without notice).
• All employees and business units, as first line of defense, are expected to proactively help identify, assess, manage, and report risks within their domain of work. To enhance a healthy risk culture and support our growth for good pillar, employees will maintain vigilance in safeguarding our operations while ensuring compliance with regulatory mandates. The Risk team serves as the second line of defense by providing risk oversight and credible challenge whereas the Audit team serves as the third line of defense by providing risk assurance.

Incumbent is expected to demonstrate each of the following VyStar Excellence behaviors in performing the duties and responsibilities of their job:

• Focus - Focus your full attention by carefully listening to and observing client or member.
• Connect - Consistently be friendly and approachable.  Demonstrate your care.
• Understand - Listen empathetically and ask questions.
• Counsel - Recommend solutions based on your member’s needs and objectives.
• Advance - Ensure that member’s expectations were exceeded.
• Verify necessary follow-up actions.

EDUCATION and/or EXPERIENCE:

• 5 years of risk management, regulatory, or operations experience in a relevant functional area to include banking, insurance, financial services, audit, project management, public accounting, or other related operational area.
• Bachelor’s degree with emphasis on Business and/or manag