ERM Specialist

ERM Specialist

This position focuses on ensuring all third-party vendors are within compliance according to regulatory guidelines. If you have worked with Venminder it's a huge plus!

Position Status – Full Time – non-exempt (Hourly)

Reports To: SVP Enterprise Risk Management

Pay information: $21.10 - $26.37 per hour

The listed pay information includes the minimum rate of pay to the mid-point rate of pay for the posted position. The actual compensation for this position may vary based upon, but not limited to, licenses or certifications, education or equivalent work experience, market data, qualifications, relevant experience, prior work and performance history, geographic location, and business sector.

We believe great work is to be rewarded with great benefits. Our benefits include, but aren't limited to, medical coverage with generous company contributions, dental with employee only coverage paid by the company, vision with employee only coverage paid by the company, paid time-off, 401k plan with a defined company match, company paid long-term disability, short term disability, and company paid holidays.

The primary purpose of this position is to assist Atlanta Postal Credit Union to live out our Mission, "To help our members achieve financial success by providing exceptional products and service."

The Enterprise Risk Management Specialist is responsible for overseeing the risk management framework within the credit union, with a strong focus on vendor management, compliance with regulatory guidelines, and ensuring effective business continuity. This role will require collaboration with internal teams, external vendors, and regulatory examiners to mitigate risks and support the credit union's overall risk management strategy.

Essential duties and responsibilities include:

1. Adhere to and deliver on APCU Center Parc's core values:

• Serve Exceptionally
• Commit to Better
• Find the Fun
• Invest in Integrity
• Follow the Numbers
• Go Forth and Conquer
• Protect with Passion

• As assigned, identify and analyze risks associated with credit union operations and report findings to SVP.
• Stay updated on interagency guidance and regulations, ensuring that the credit union's policies align with best practices and legal requirements.
• As needed, work closely with regulatory examiners, providing requested documentation and clarifications to ensure smooth examination processes.
• Periodically review the capabilities and effectiveness of the vendor management software, ensuring it meets the credit union's needs and compliance requirements, and recommending changes or enhancements when appropriate.
• Follow established protocol and procedures to conduct assessments for potential and existing vendors to evaluate their impact on credit union operations and compliance.
• Utilize vendor management software to track and manage vendor documents and ensure receipt of timely updated documents as required; Remind internal stakeholders when contract end dates, automatic renewals, or contract decisions need to be reviewed.
• Maintain a record of up-to-date vendor contacts for active vendors and a record of the internal stakeholder who manages the vender relationship for a specific department.
• As required of the role, foster strong relationships with vendors to ensure a mutual understanding of risk management practices and compliance expectations.
• Update and maintain the credit union's risk management policies and procedures manual to ensure relevance and compliance.
• Administer updates and modifications to the business continuity program, ensuring it remains effective and applicable to current business needs.
• Execute ongoing monitoring and compliance activities related to BSA/AML, Patriot Act, and OFAC regulations using BSA software applications.
• Ensure proper documentation of BSA/AML compliance efforts and collaborate with compliance officers to report findings to relevant stakeholders.
• As needed, serve on project committees as the departmental liaison or serve as the departmental resource for ERM projects; Assist with implementation and ongoing support of software of applications that the department deploys to improve the risk management capabilities of the credit union.
• As needed, work in collaboration with the training and development area to ensure the accuracy of compliance related training.
• Maintain positive and productive working relationships with all internal and external stakeholders.
• Demonstrate effective written and oral communication skills in all work activities.
• Demonstrate effective time management and prioritizes daily work to meet deadlines and goals
• Attend ongoing training as needed, including on and off-site workshops and webinars to maintain a high level of knowledge related to the position.
• Comply with all aspects of BSA/AML and OFAC regulations as they relate to this position.
• The ability to travel overnight or to other business locations less than 5%.
• Other duties as assigned

Supervisory Responsibilities: No direct reports. May manage day-to-day tasks through indirect reporting relationships or through a matrixed management approach and the ability to collaboratively interact with internal and external partners.

Qualification Requirements: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

REQUIRED Education and/or Experience:

• An associate degree in business management, Business Administration, or related field of study or 2 years of additional specific work experience in lieu of degree
• 2 plus years of transactional work experience in banking, financial services, or a credit union
• Prior work experience where an understanding of risk was required
• 10-Key calculator, typing and keying skills, and working knowledge of Microsoft Office software

PREFFERED Education and/or Experience:

• A bachelor's degree in business management, Business Administration, or related field of study
• 3 years of specific enterprise risk management experience in bank or credit union
• Working knowledge of vendor management software (such as Venminder, Gatekeeper, Vanta, etc.)
• Prior experience completing transactions in Symitar, and Meridian Link
• Working knowledge fraud prevention processes

Physical Job Requirements: Must be physically able to operate a variety of automated office machines such as calculator, computer, printer, facsimile, telephone, copier, etc. Must be able to stand, bend and stoop as needed. Must be able to lift and/or carry weights of 5 to 25 pounds.

Center Parc Credit Union is an equal opportunity employer committed to providing equal opportunities to applicants and our policy is not to discriminate against any applicant or employee based on race, color, sex, religion, national origin, disability status or veteran status or any other basis protected by applicable federal, state, or local laws. Center Parc Credit Union prohibits harassment based on the same protected classes and criteria.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

The requirements for the position listed are general and are not all inclusive. If you have any questions concerning this position, please contact Human Resources.

Please note that an employment offer, and your continued employment are contingent upon acceptable results of a background and credit check, and satisfactory proof of your right to work in the U.S.