Scott Credit Union
Are We the Place For You?
Scott Credit Union ($1.7B in Assets, Edwardsville, IL) is seeking our next Vice President of Risk Management. Headquartered in Edwardsville, Illinois (a St. Louis, MO, suburb), Scott CU has 26 branches and serves over 150,000 members. This position is located on-site in Edwardsville and oversees a team of 12 direct reports.
We are committed to being with our members through every phase of their financial journeys, providing solutions that support them, their families, and their communities. As an employer, we are a top workplace dedicated to empowering each of our 350 employees to deliver on our mission. We provide our employees an inclusive environment where they can contribute at their highest level. We encourage Diversity and believe in Equity and Inclusion for all, promoting personal and professional growth for every employee. Scott Credit Union maintains the highest ethical standards and our VP-Risk Management will play an important role in modeling contributing to a trustworthy, transparent environment dedicated to our employees, our members, and our financial soundness.
Is This the Career For You?
The VP-Risk Management is responsible for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor Scott Credit Union’s operational and strategic risk. Exceptional communication skills will help the VP-Risk Management convey a strategic risk management vision, effecting long-term, strategic change. These sophisticated communication skills may also include navigating conflict and mediating conversations to agreeable outcomes with executives, examiners, and other stakeholders.
Working in close coordination with executive management, the Board and Supervisory Committee, the VP-Risk Management will develop and oversee a comprehensive risk program that operates within the credit union’s risk appetite and regulatory requirements and supports the strategic direction of the credit union. This includes our Enterprise Risk Management (ERM) framework and organizational compliance with all applicable laws and regulations (such as Bank Secrecy, Anti-Money Laundering, Office of foreign Assets Control regulations, NCUA regulations) and related credit union policies. Significant experience working alongside examiners and with credit union exam cycles is important. Being effective in these areas requires preparation and persistence, bringing forward data, knowledge, and analysis that instills urgency and importance in taking recommended actions.
A capable project manager, the VP-Risk Management oversees multiple teams and priorities, including Risk, Compliance, and Loss Prevention. In each of these areas, the leader will scan the environment, assess the current state, and analyze future risks and opportunities, making recommendations for remediating risk-related issues in the context of strategic objectives, the regulatory landscape, and the broader economy. This involves ongoing monitoring, reviewing, and reporting of multiple project risk assessments and risk management process cycles (board policy/policy governance, insurance reviews, in-house risk assessments, vendor risk management, etc.) as well as regulatory exam cycles.
You will love this role if you aspire to grow your Risk Management career. This is a high-profile role with influence and exposure to the credit union’s top leaders, opportunity for continued growth and development of skills, including enrollment in a formal leadership development program.
Help Us Get to Know You
Ready to make an immediate impact? Introduce yourself by describing why Scott CU is where you want to build your career. Include a resume or link to your LinkedIn profile that demonstrates your education (degree and certifications such as CRCM, BSA/AML, PMP, or Risk Management certifications) and experience that has prepared you to lead multiple departments. Experience reporting to a governing body, working with a senior leadership team, and interacting with regulators or auditors should be indicated.