First Vice President, Enterprise Risk Managem

Job Description

Job Description

Position Title: First VP of Enterprise Risk Management

Reports to: Chief Performance Officer

Grade Level: 17E

Full Salary Range: $128,528.40 - $214,214.00

Hiring Salary Range: $128,528.40 - $171,371.20

Position Summary:

The First Vice President, Enterprise Risk Management (FVP, ERM) is responsible for establishing, maintaining, and overseeing the Credit Union’s enterprise‑wide risk management framework. This role owns the Enterprise Risk Management (ERM) program and provides independent second‑line oversight of compliance, BSA/AML, and fraud risk. The FVP, ERM ensures risks are consistently identified, assessed, monitored, and reported across the organization and are escalated appropriately to executive leadership and the Board. Duties must be accomplished in compliance with federal and state laws and in accordance with the credit union’s policies and procedures and with constant attention to Alero’s creed, vision, mission and goals.

Duties and Responsibilities:

• Own and administer the Enterprise Risk Management (ERM) framework , including risk taxonomy, methodology, and governance.
• Maintain the enterprise risk assessment and enterprise risk register.
• Develop, implement, and monitor the risk appetite statement and associated metrics.
• Aggregate enterprise risk inputs from Risk and Compliance, BSA/AML, Fraud Risk, IT, Vendor Management, and Operations.
• Oversee issue management , including regulatory exam findings, audit issues, and remediation tracking.
• Identify, assess, and escalate strategic, emerging, and cross‑functional risks .
• Prepare and present consolidated enterprise risk reports to executive leadership and the Board Risk Committee.
• Provide leadership and oversight to the Vice President, Risk and Compliance; BSA/AML Officer; and Fraud Risk Director.
• Serve as the primary executive liaison with regulators on enterprise risk matters.
• Ensure consistent use of the Three Lines of Defense model across the organization.
• Promote and reinforce a strong risk‑aware culture throughout the Credit Union.
• Perform all other duties as assigned

Qualifications:

Education and Experience

• Bachelor’s degree required; Master’s degree or professional certifications preferred (CRCMP, CRMA, CAMS, or similar).
• 8–12 years of progressive experience in enterprise risk management, compliance, audit, or financial services governance.

Skills and Competencies

• Strong knowledge of NCUA regulations, FFIEC guidance, and enterprise risk best practices.
• Demonstrated experience presenting risk information to executive leadership and Boards.

Benefits

• Health, Vision, Dental Insurance
• Long-term Disability Insurance
• Critical Illness
• Life Insurance
• 401(k) match
• Profit sharing
• PTO
• Flexible Spending Account
• Tuition Reimbursement
• Pet Insurance
• Commuter Benefit

While performing the duties of this job, the employee is frequently required to sit, view information on a computer screen, and talk or hear. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Telephone conversations may be monitored or recorded for the purposes of training, coaching, feedback and quality assurance on an unannounced basis.