Reference #: RISKM003386
Description
About Us
We're in the business of people helping people and you can help us change lives just by working here. Whether it's helping a member make a transaction, buy their first home, or improve their financial wellness one step at a time - you have an impact on their lives just by working here, no matter what your position may be.
Work with us - and be part of something bigger than banking.
In exchange for your time and talents, we offer generous benefits. After all, you make us awesome, so we take care of you with things like...
Pension Plan, 401k Plan with company match
Excellent health benefits
Flexible Paid Time Off (PTO), Volunteer Time Off (VTO), and Wellness Time Off (WTO)
10+ paid holidays per year
Lifestyle Spending Account stipend for wellness, caregiving, or personal expenses such student loans and tuition reimbursement
Employee recognition program
...and more!
Title of Position: Risk Mitigation Manager
Position Type: Full-Time (40 hours/week). Regular shifts include Monday to Friday 8:00AM - 5:00PM
Compensation Range: $ 95,000/yr. -$125,000/yr. Hiring rates may be dependent on a number of factors, including years of directly related work experience, education, geographic location or special skills
Location: Position is On-site in Endwell, NY, , Saddle Brook, NJ , or Muhlenberg, PA . Travel is expected to our Endwell, NY location up to 2 - 3 times per week.
At this time, Visions Federal Credit Union will not sponsor a new applicant for employment authorization or offer any immigration related support for this position (i.e., H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, or another @type of work authorization).
If you need sponsorship now or in the future, look for this statement in the job description before you apply: Visions Federal Credit Union will consider sponsoring a new, qualified applicant for employment authorization for this position.
If this is not listed in the job description, Visions Federal Credit Union will not provide sponsorship for the candidate to work in the United States.
Responsibilities/Duties:
Manage the operations and strategic management of the BSA, Fraud and Mitigation functions.
Lead the Risk Mitigation team in executing BSA/AML/OFAC and Fraud prevention programs and reporting.
Develop and maintain strong relationships with regulatory agencies, auditors, and other external stakeholders for each area managed.
Develop personalized growth and succession plans for team members.
Maintain professional knowledge through conference/workshop attendance and publication.
Build and maintain effective partnerships with first line of defense managers to successfully influence business outcomes and manage conflict in support of strategic objectives.
Serve as the assistant BSA/AML/OFAC Compliance Officer and point of contact for FinCEN.
Oversee compliance policies and programs, quality control reviews, and monitoring for BSA, USA PATRIOT Act, AML, OFAC, and Customer Identification Program.
Advise personnel on emerging compliance issues and establish controls to mitigate risks.
Administer monitoring systems to identify suspicious/fraudulent activity.
Conduct risk assessments and ensure timely regulatory reporting (CTRs, SARs, FinCEN 314(a)/(b)).
Prepare policy updates and monthly reports for the Fraud, Compliance and ERM Committees.
Facilitate the development of compliance training designed for the enterprise at job specific levels.
Maintain and enhance enterprise fraud risk management program inclusive of supporting policies, procedures, reporting, and governance.
Evaluate and spearhead implementation of enterprise or multi-channel cost beneficial solutions to minimize fraud loss to the credit union.
Liaise with law enforcement and prepare monthly reports on fraud trends, losses, and recoveries.
Serve as a subject matter expert and partner with other departments on complex cases.
Represent the credit union in hearings and trials related to fraud.
Manage ongoing risk assessments across the enterprise to identify inherent and residual risks, emerging trends, vulnerabilities, and potential impacts on the credit union.
Manage the reporting of key performance indicators and metrics to monitor the effectiveness of Risk Mitigation, prevention strategies, and initiatives.
Drive continuous improvement initiatives to enhance the efficiency and effectiveness of Risk Mitigation prevention processes and systems.
Stay knowledgeable in all relevant compliance areas and recommend updates.
Adapt to changes, manage competing demands, and foster a supportive work environment.
Perform other job-related duties as assigned.
Respond effectively to changing ideas, responsibilities, expectations, trends, strategies, and other processes.
Demonstrate a commitment to diversity, equity, inclusion, and belonging through continuous development, modeling inclusive behaviors, and proactively managing bias.
Perform other duties needed to help fulfil our mission, drive our strategy, and support our organization's values.
Minimum Qualifications & Experience:
Bachelor's degree with 3-5 years of related Risk Management experience; 4-8 years of Risk Management experience may be considered in lieu of degree
ACAMS/BSA Certification and 3+ years related experience in anti-money laundering function.
Previous supervisory experience as team leader, coordinator, assistant manager, or manager.
Extensive knowledge of fraud and risk mitigation techniques, policy and procedure, knowledge in all financial areas, and customer service.
Proficient with automated FRAML programs, mitigation programs.
Proficient with standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines, PCs, etc.
Visions remains committed to the aspects of diversity and inclusion and will consider alternative education and experience.
Preferred Qualifications & Experience:
5+ years of Risk Management experience.
We're more than banking. You can be, too. #ClaimYourSeat
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the notice from the Department of Labor.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
