Analyst, Enterprise Risk Management

It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
Position Summary
The role of the Enterprise Risk is pivotal in safeguarding the financial and operational well-being of the credit union by identifying, assessing, monitoring and mitigating risks that could negatively impact the credit union's operations, financial stability, and reputation. This role will be responsible for conducting comprehensive risk and control assessments, analyzing data trends, and developing strategies to enhance our Risk Management framework. Collaborating with cross-functional teams, contribute to the creation and implementation of risk mitigation plans, ensuring alignment with organizational objectives and regulatory compliance.
Principle Duties and Responsibilities

• Willingness and ability to exhibit Wellby's Core Values every day.
• Works with purpose and is driven to provide the best team member experience.
• Performs other related duties as assigned.
• Fosters a culture of risk intelligence and awareness throughout the Credit Union by conducting training sessions and workshops to increase awareness of Risk Management principles, best practices, and internal policies.
• Monitors communication channels and ensures business unit inquiries are resolved in alignment with established guidelines and Service Level Agreements (SLAs).
• Executes with excellence to contribute to high-level team performance by ensuring work product and related activities meet established performance measures such as departmental goals and objectives, Key Performance Indicators (KPIs), and SLAs.
• Assists in the development and maintenance of policies, procedures and departmental job aids.
• Ensure continuous alignment between technological solutions settings, departmental processes, policies, procedures, and other governing documents.
• Works collaboratively with business units to conduct comprehensive risk and control assessments that identify, evaluate, and quantify potential risks, threats, and vulnerabilities. Analyzes data and proposes tactics to increase risk mitigation effectiveness.

• Monitors and assesses the effectiveness of existing risk controls and provides recommendations for improvement and enhancement of risk mitigation measures.

• Develops risk registers, risk and control assessments, heat maps, Key Risk Indicators (KRIs) and other risk measures to support effective risk mitigation.
• Prepares comprehensive risk reports and analyzes data and trends to identify emerging risks and provide insights for strategic decision-making.
• Supports enterprise incident response and remediation processes by monitoring, reporting, and tracking related data.
• Supports Risk Management of third-party providers in accordance with the principles of vendor management.
• Works closely with internal audit, legal, and compliance teams to ensure a holistic Risk Management approach.
• Stays abreast of industry regulations and ensures compliance with relevant laws and guidelines.
• Maintains all business affairs of both internal and external members confidentially.
• Maintains the highest levels of integrity and professionalism.

• Performs related duties and special requests as assigned, including representation on Credit Union project teams.

Knowledge, Skills, and Abilities (KSA)

• Knowledge of risk assessment methodologies, risk modeling, and risk mitigation strategies.
• Knowledge of the regulations and compliance standards that govern financial institutions.
• Knowledge of Wellby's organizational functions and general operating policies and procedures.
• Knowledge of secretarial practices and procedures, business English, spelling, and punctuation.
• Knowledge of personal computer, utilizing Microsoft Office Suite and other software's.
• Skilled in operating computer equipment and general office machines such as personal computers, copiers, projection equipment, audio/video, Microsoft Teams, and adding machines.
• Skilled in numeracy and analytical concepts.
• Skilled in monitoring industry trends, regulatory changes and emerging risks affecting the credit union.
• Ability to communicate clearly and concisely, orally and in writing.
• Ability to execute complex analyses, deep dives, and special projects in a timely manner.
• Ability to multi-task, maintain accuracy, and meet deadlines in a fast-paced, high-volume environment.
• Ability to think strategically and make sound decisions in complex situations.
• Ability to efficiently understand and follow oral and written instructions, perform routine duties without close supervision, and establish and maintain effective working relationships with other team members.
• Ability to efficiently understand and follow oral and written instructions, perform routine duties without close supervision, and establish and maintain effective working relationships with other team members.
• Ability to explain information in understandable language so that others will understand. Must be able to exchange accurate information in these situations.
• Ability to communicate clearly and concisely, orally and in writing.
• Ability to coordinate several concurrent activities simultaneously.
• Ability to exercise independent judgment.

Supervisory Responsibilities
This role does not have supervisory responsibilities.
Complexity & Scope of Work

• The team member will ensure policies, procedures, and programs are consistently administered, aligned with organizational goals, and compliant with professional standards.
• The team member performs routine and generally related tasks without supervisory direction.
• Tasks may occasionally have to be coordinated, integrated, and/or prioritized.
• Courses of action are determined by established procedures and/or the Manager or Vice President of, Enterprise Risk Management.
• The team member's work is reviewed periodically for accuracy, completion, and compliance with the policies and procedures.
• The team member uses independent judgment in making decisions.

Physical Demands & Work Environment

• The physical demands and work environment characteristics described here represent those that must be met by a team member to successfully perform the essential functions of this position. Reasonable accommodations may enable individuals with disabilities to perform essential functions.
• To perform this job successfully, the team member is frequently required to remain in a stationary position 50% of the time. Daily movements include sitting, standing, reaching, and grasping; operating computers and other office equipment; moving about the office; and attending possible onsite and offsite meetings.
• The team member must be able to exchange information, in person, in writing, and via telephone. Some degree of stress results from contact with management and other team members.
• The ability to observe details at close range (within a few feet of the observer).
• Must be able to occasionally lift items weighing up to 25 pounds across the office and load them onto shelves for various needs.
• The noise level in the work environment is usually moderate.
• Work involves the typical risks and discomforts associated with an office environment but is usually in an adequately cooled, heated, lighted, and ventilated area.

Minimum Qualifications

• Bachelor's degree in Risk Management, Finance, Business Administration, or a related field from an accredited college or university is required.
• Minimum two (2) to three (3) years of relevant work experience in Enterprise Risk Management, preferably in a similar industry. One year of relevant work experience may be substituted for one year of required education.
• Relevant certifications (e.g., Credit Union Enterprise Risk Management Expert Certification (CUERME), or Chartered Enterprise Risk Analyst (CERA) preferred.
• Familiarity with the regulations which govern financial institutions, preferably credit unions.

For All Candidates
This is a Full-Time, Salary (exempt) role.
Wellby is an equal opportunity and affirmative action employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, veteran status or any other legally protected characteristic. If you'd like more information about your EEO rights as an applicant under the law, please contact Human Resources.
Wellby provides equal opportunity to qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation, please email careers@wellbyfinancial.com or call 281-226-1696 for assistance.
Disclaimer
The statements herein are intended to describe the general nature and level of work being performed by team members and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the Company.