Verve, a Credit Union
VP of Risk Management (50724)
Verve, a Credit Union, Oshkosh, Wisconsin, United States, 54901
Overview
Join to apply for the
VP of Risk Management (50724)
role at
Verve, a Credit Union . The Vice President of Risk Management is responsible for the leadership, governance, and management necessary to identify, evaluate, monitor, and respond to Verve, a Credit Union’s operational, strategic and reputational risk. The VP will lead multiple teams including Compliance, Fraud, Information Security and Audit, ensuring a strategic, proactive and integrated approach to risk management. The VP will also serve as the Information Security Officer (ISO) overseeing and reporting on the management and mitigation of information security risks across the credit union. This role is critical in shaping a forward-looking risk culture that supports innovation while safeguarding member trust and institutional integrity. The VP will work closely with senior leadership, the Board, and the Enterprise Risk Management Committee to align risk strategies with long-term organizational goals.
Position Responsibilities
Provide leadership in alignment with the organizational values and strategic plan, displaying a strong focus on servant leadership and fostering a culture of accountability and continuous improvement.
Navigate conflict and mediate conversations to agreeable and appropriate outcomes with executives, examiners, and other stakeholders.
Develop and oversee a comprehensive and integrated risk program that operates within the credit union’s risk appetite and regulatory requirements and supports the strategic direction of the credit union.
Ensure the Enterprise Risk Management (ERM) framework is robust, forward-looking, and adaptable to emerging trends.
Coordinate and participate in the credit union’s Enterprise Risk Management Committee.
Oversee the development and implementation of fraud prevention strategies, leveraging data analytics and cross-functional collaboration to detect and respond to fraud in real time.
Prepare and bring forward data, knowledge, and analysis to support and execute recommended actions, ensuring decisions are evidence-based and future-focused.
Assess the current state, analyze future risks and opportunities, and make recommendations for responding to risk-related issues in the context of strategic objectives, the regulatory landscape, information security and the broader economy.
Oversee the integration of risk management practices into business planning and product development to ensure sustainable growth and innovation.
Responsible for ongoing monitoring, reviewing, and reporting of multiple project risk assessments and risk management process cycles (board policy/governance, risk appetite, insurance reviews, in-house risk assessments, vendor risk management, regulatory exam cycles, etc.).
Provide counsel to business unit leaders on risk management issues and foster a risk-aware culture across all levels of the credit union.
Develop, recommend, and maintain risk-management-related vendor relationships that deliver services and products to meet financial institution and member objectives.
Lead and inspire a high-performing team by cultivating a culture of trust, accountability, and continuous development. Guide team members across all risk functions to deliver impactful solutions that support organizational growth and team member success.
Manage member complaints filed with the DFI and oversee resolution strategies that protect the credit union’s reputation.
Manage member lawsuits in coordination with legal counsel and ensure timely responses.
Other duties as assigned.
Qualifications Education and Experience
Bachelor's degree (B.A.) in finance, business administration, or related field required.
Eight years of relevant experience, including direct interaction with credit union examiners.
A combination of education and experience will be considered.
Key Competencies
Comprehensive understanding of risk management principles, including fraud detection, cybersecurity, regulatory compliance, and operational risk.
Proven ability to lead cross-functional teams, foster a culture of accountability, and mentor future leaders in risk and compliance disciplines.
Demonstrated expertise in managing complex, multi-stakeholder projects with competing priorities, using agile and traditional methodologies.
Strong analytical skills with the ability to interpret complex data sets, identify trends, and make informed decisions that are aligned with organizational goals.
Exceptional written and verbal communication skills, with the ability to present complex risk concepts to senior leadership, the Board, regulators, and the credit union.
Skilled in leading organizational change initiatives, particularly in response to evolving regulatory landscape and emerging trends.
Strong interpersonal skills capable of building strong, trusting relationships with business unit managers and leadership to break down silos, gather meaningful risk and strategy information, and drive informed decision-making.
Willingness and ability to ask good questions to gain a better understanding of organizational uncertainties.
Familiarity with risk management systems, fraud detection tools, and cybersecurity frameworks; ability to evaluate and implement technology solutions.
Knowledge of credit union regulations, including NCUA, BSA/AML, OFAC and state-level compliance requirements.
Physical Demands and Work Environment
Work Environment: Business office; the noise level in the work environment is usually quiet to moderate.
Physical Requirements: Ability to sit or stand at a desk most of the workday; talk or hear; stand or walk occasionally. May occasionally lift and move up to 30 pounds.
Benefits
Medical, dental and vision insurances
Supplemental insurances
Pre-tax and Roth 401(k) Safe Harbor options
Flexible spending accounts
Health Savings Account (HSA)
Paid time off (PTO)
Paid holidays, including birthday
Bereavement and pet leave
Basic Life/AD&D, short-term and long-term disability coverage at no cost
Voluntary Life/AD&D
Employee Assistance Program
The above information has been designed to indicate the general nature and level of work performed by persons within this job classification. It is not designed to contain or be interpreted as a comprehensive inventory of all the duties, responsibilities, and qualifications required of persons assigned to this job. Additional duties may be required to perform the job effectively.
Senioriy level
Executive
Employment type
Full-time
Job function
Finance and Sales
#J-18808-Ljbffr
Join to apply for the
VP of Risk Management (50724)
role at
Verve, a Credit Union . The Vice President of Risk Management is responsible for the leadership, governance, and management necessary to identify, evaluate, monitor, and respond to Verve, a Credit Union’s operational, strategic and reputational risk. The VP will lead multiple teams including Compliance, Fraud, Information Security and Audit, ensuring a strategic, proactive and integrated approach to risk management. The VP will also serve as the Information Security Officer (ISO) overseeing and reporting on the management and mitigation of information security risks across the credit union. This role is critical in shaping a forward-looking risk culture that supports innovation while safeguarding member trust and institutional integrity. The VP will work closely with senior leadership, the Board, and the Enterprise Risk Management Committee to align risk strategies with long-term organizational goals.
Position Responsibilities
Provide leadership in alignment with the organizational values and strategic plan, displaying a strong focus on servant leadership and fostering a culture of accountability and continuous improvement.
Navigate conflict and mediate conversations to agreeable and appropriate outcomes with executives, examiners, and other stakeholders.
Develop and oversee a comprehensive and integrated risk program that operates within the credit union’s risk appetite and regulatory requirements and supports the strategic direction of the credit union.
Ensure the Enterprise Risk Management (ERM) framework is robust, forward-looking, and adaptable to emerging trends.
Coordinate and participate in the credit union’s Enterprise Risk Management Committee.
Oversee the development and implementation of fraud prevention strategies, leveraging data analytics and cross-functional collaboration to detect and respond to fraud in real time.
Prepare and bring forward data, knowledge, and analysis to support and execute recommended actions, ensuring decisions are evidence-based and future-focused.
Assess the current state, analyze future risks and opportunities, and make recommendations for responding to risk-related issues in the context of strategic objectives, the regulatory landscape, information security and the broader economy.
Oversee the integration of risk management practices into business planning and product development to ensure sustainable growth and innovation.
Responsible for ongoing monitoring, reviewing, and reporting of multiple project risk assessments and risk management process cycles (board policy/governance, risk appetite, insurance reviews, in-house risk assessments, vendor risk management, regulatory exam cycles, etc.).
Provide counsel to business unit leaders on risk management issues and foster a risk-aware culture across all levels of the credit union.
Develop, recommend, and maintain risk-management-related vendor relationships that deliver services and products to meet financial institution and member objectives.
Lead and inspire a high-performing team by cultivating a culture of trust, accountability, and continuous development. Guide team members across all risk functions to deliver impactful solutions that support organizational growth and team member success.
Manage member complaints filed with the DFI and oversee resolution strategies that protect the credit union’s reputation.
Manage member lawsuits in coordination with legal counsel and ensure timely responses.
Other duties as assigned.
Qualifications Education and Experience
Bachelor's degree (B.A.) in finance, business administration, or related field required.
Eight years of relevant experience, including direct interaction with credit union examiners.
A combination of education and experience will be considered.
Key Competencies
Comprehensive understanding of risk management principles, including fraud detection, cybersecurity, regulatory compliance, and operational risk.
Proven ability to lead cross-functional teams, foster a culture of accountability, and mentor future leaders in risk and compliance disciplines.
Demonstrated expertise in managing complex, multi-stakeholder projects with competing priorities, using agile and traditional methodologies.
Strong analytical skills with the ability to interpret complex data sets, identify trends, and make informed decisions that are aligned with organizational goals.
Exceptional written and verbal communication skills, with the ability to present complex risk concepts to senior leadership, the Board, regulators, and the credit union.
Skilled in leading organizational change initiatives, particularly in response to evolving regulatory landscape and emerging trends.
Strong interpersonal skills capable of building strong, trusting relationships with business unit managers and leadership to break down silos, gather meaningful risk and strategy information, and drive informed decision-making.
Willingness and ability to ask good questions to gain a better understanding of organizational uncertainties.
Familiarity with risk management systems, fraud detection tools, and cybersecurity frameworks; ability to evaluate and implement technology solutions.
Knowledge of credit union regulations, including NCUA, BSA/AML, OFAC and state-level compliance requirements.
Physical Demands and Work Environment
Work Environment: Business office; the noise level in the work environment is usually quiet to moderate.
Physical Requirements: Ability to sit or stand at a desk most of the workday; talk or hear; stand or walk occasionally. May occasionally lift and move up to 30 pounds.
Benefits
Medical, dental and vision insurances
Supplemental insurances
Pre-tax and Roth 401(k) Safe Harbor options
Flexible spending accounts
Health Savings Account (HSA)
Paid time off (PTO)
Paid holidays, including birthday
Bereavement and pet leave
Basic Life/AD&D, short-term and long-term disability coverage at no cost
Voluntary Life/AD&D
Employee Assistance Program
The above information has been designed to indicate the general nature and level of work performed by persons within this job classification. It is not designed to contain or be interpreted as a comprehensive inventory of all the duties, responsibilities, and qualifications required of persons assigned to this job. Additional duties may be required to perform the job effectively.
Senioriy level
Executive
Employment type
Full-time
Job function
Finance and Sales
#J-18808-Ljbffr