CREDIT RISK MANAGER jobs in South Dakota

Description

Who We Are

We have the fundamental belief that we, as an organization, can and will improve lives. Rooted in the centuries-old credit union philosophy of people helping people, we maintain a simple premise. Those we interact with will receive equal and just treatment, devoid of intolerance, false judgment, racism, or discrimination of any kind. We must not accept less if we are to fulfill our mission, "We Improve Lives." This mission empowers us to serve the greater good and to make a difference in our world. Our cooperative structure creates a cycle of mutual assistance towards the common goal of the financial well-being of members.

At BHFCU, we’re committed to improving the lives of our members every day, and we look for people who share that passion. Don’t have a ton of financial industry experience? No problem. Our onboarding includes an orientation program with ongoing training to help staff further their career at BHFCU by building on their existing strengths.

General Purpose: The Risk Specialist performs the necessary functions to support and maintain BHFCU’s policies and procedures pertaining to various areas of risk.

Essential Duties/Responsibilities

1. Assist the Vendor Management / Enterprise Risk Administrator with the maintenance of the Vendor Management Program, including, but not limited to ongoing monitoring, risk evaluation, due diligence, and audit assistance.
2. Act as a resource to BHFCU personnel for questions and information regarding the Vendor Management Program and other areas of Risk.
3. Perform the activities and administrative responsibilities of the Risk Specialist function.
4. Assist the Vendor Management / Enterprise Risk Administrator with assembling and analyzing materials across all areas of the Credit Union to assess and identify pertinent risks to BHFCU and its members.
5. Act as a resource to BHFCU personnel for questions and information regarding various areas of risk.
6. Assist the Vendor Management / Enterprise Risk Administrator in supporting the Chief Risk Officer, Legal Counsel and Compliance Manager with legal research on various topics relevant to the Credit Union including, but not limited to, legal affairs, compliance/regulatory research and assembly of information as needed, potential new product offerings, industry approaches/best practices, as well as writings, drafting and transcription of various legal, compliance and operational correspondence and other documents.
7. Assist with the assembly and production of documents for various audits.
8. Maintain/update procedures as directed by the Vendor Management / Enterprise Risk Administrator.
9. Assist with the maintenance of BHFCU's Record Retention Schedule.
10. Provide support to the Vendor Management / Enterprise Risk Administrator as needed to include project implementation.

Other Duties/Responsibilities

1. Establish and maintain effective working relationships with co-workers and management.
2. Keep abreast of legal and risk trends and changes in the financial services industry by reading pertinent materials, attending webinars, joining forums, etc.
3. Perform other duties as may be assigned by the Chief Risk Officer, In-House Counsel or Compliance Manager.
4. Must be able to work in a highly confidential environment.

Job Knowledge

1. Working knowledge of laws and regulations related to the credit union.
2. Working knowledge of organization's policies/procedures and credit union's service philosophy.
3. Working knowledge of the credit union's in-house computer system and internet.
4. Basic understanding of legal research, legal terminology, and judicial system helpful.

Job Qualifications (Skills)

Black Hills FCU is committed to working with its employees to reasonably accommodate them with the physical aspects of the position. The following list outlines the physical considerations that are normally encountered in this job.

1. Vision: A sighted person to handle cash transactions and verify financial transactions. Ability to complete necessary paperwork.
2. Speech/Hearing: Ability to communicate verbally and in writing with staff, members, and vendors.
3. Manual Dexterity: Ability to perform necessary computer-related input.
4. Physical Mobility: Limited mobility required.

Job Qualifications (Ability)

1. Ability to understand and follow complex written and oral instructions.
2. Ability to comprehend complex rules and analysis and be able to disseminate that knowledge in a clear and understandable format to others.
3. Ability to express oneself, clearly and concisely, both orally and in writing.
4. Ability to prepare and maintain confidential records and reports.
5. Ability to compose and/or prepare business correspondence and legal documents.
6. Ability to conduct basic legal research and convey findings.
7. Ability to interact with more than one department daily.
8. Ability to use a rational and organized approach to completing tasks including follow-up through to completion.
9. Ability to provide friendly, professional, and accurate service and support to all staff, members, and external contacts.

Job Qualifications (Education/Experience)

Job requires a two-year college level or equivalent of communication (verbal and written), math and reasoning skills. Formal training should be supplemented with continuing education. One year in alternate BHFCU department or one year’s experience in financial services or related field is acceptable.

Working Conditions

Material and Equipment Involved

• Personal Computer
• Presentation Aids
• Webex
• Scanners
• PowerPoint
• Excel
• Word
• Photocopy Machine
• Various Software Applications
• Salesforce

Work Environment/Physical Activities

Occasional travel to one of BHFCU’s branch locations or attendance at community events may be required.

Job requires limited physical effort. It is primarily a desk assignment. Work within a highly structured and closely supervised environment. Ability to function in a fast-paced area. Ability to handle multiple tasks simultaneously. Work creates normal fatigue daily. Work creates moderate stress during certain periods during daily routine. The job calls for a high degree of mental concentration to interpret and act upon a wide range of situations. The job requires a degree of attention to detail.

Notice: This job description is not intended to be, nor should it be construed as, a contract or guarantee for employment. BHFCU adheres to all federal and state labor laws regarding termination and probationary periods. This position is also subject to all the personnel policies of the Black Hills Federal Credit Union. Changes may be made to this job description at any time by the President. Black Hills Federal Credit Union is an equal opportunity employer.

Black Hills Federal Credit Union is an equal opportunity employer. All applicants will receive consideration without regard to age, race, color, sex, sexual orientation, genetic information, religion, national origin, disability, veteran status, or any other status or condition protected by state or federal law. BHFCU will provide reasonable accommodation to qualified persons with a disability but who are otherwise able to perform the essential functions of the job.

Qualifications