Empower Federal Credit Union
Enterprise Risk Management (ERM) Analyst (Hybrid in Syracuse, NY)
Empower Federal Credit Union, Syracuse, New York, United States
Enterprise Risk Management (ERM) Analyst (Hybrid in Syracuse, NY)
1 Member Way, 1 Member Way, Syracuse, New York, United States of America
Job Description Posted Monday, December 22, 2025 at 5:00 AM
Empower FCU Purpose:
At every stage of life, positively impact members by providing affordable financial services.
Empower FCU Core Values:
Fairness, Integrity & Honesty
Empower FCU Strategic Pillars:
World-Class Employee Experience
Best-In-Class Member Experience
Growth for Impact
Shared Value in the Community
Empower Federal Credit Union offers excellent benefits including... Medical and Dental Insurance, 401K with Employer Match, Holiday Pay, Paid Time Off and more!
A World-Class Employee Experience : We are at our best when we are developing genuine relationships, looking out for one another, freely and honestly sharing information, and working together. We succeed when we rise above our departments, roles, and individual interests to come together, to move forward together. Each of us plays a crucial role in creating a positive work environment and we encourage all our employees to actively contribute to embracing Empower’s values and supporting those around you.
Be Yourself, Belong with Empower : The strength of Empower is in the unique backgrounds, voices, talents & experiences of each person. With a culture of belonging, we enable teamwork, spark innovation, and fuel success.
Please note:
All candidates will be subject to a background check to determine employment eligibility. For roles that require an NMLS you may be subject to a credit check.
Role:
The Enterprise Risk Management (ERM) Analyst supports Empower FCU's Enterprise Risk Management program by helping identify, assess, monitor, and report risks across the credit union. This role works closely with business units to document processes, evaluate controls, and maintain risk records in alignment with NCUA guidance, internal policies, and industry best practices.
The ERM Analyst strengthens risk awareness across the organization, supports regulatory readiness, and provides analytical insights that help leadership make informed, risk aware decisions.
The annual salary range for this position is: $75,699.51-$113,549.27.
Location:
Our headquarters are based in Syracuse, NY. We work in a Hybrid Model requiring a minimum of 5 days in office per month.
Essential Functions & Responsibilities:
Assist in identifying emerging risks across Empower FCU and its CUSO relationships.
Support annual and ongoing risk assessments, including operational, strategic, financial, compliance, cybersecurity, and third‑party risks.
Evaluate risks in accordance with NCUA, CFPB, and other applicable regulatory expectations.
Gather and analyze risk information from business units and CUSO partners.
Maintain and update the enterprise risk register, including CUSO related risks and third party oversight documentation.
Prepare risk dashboards, heat maps, and reports for senior leadership, Board committees, and regulatory examinations.
Track remediation activities and follow up with business units to ensure timely completion.
Support reporting aligned with NCUA’s supervisory priorities and internal governance requirements.
20% Process & Control Documentation: Document business processes, internal controls, and risk mitigation strategies across credit union operations.
Review and validate control effectiveness, identifying gaps or improvement opportunities.
Support internal audits, NCUA examinations, and compliance reviews.
Assist in documenting and monitoring CUSO oversight processes, including due diligence and ongoing monitoring.
15% ERM Program Support: Assist in developing and enhancing ERM policies, procedures, and frameworks tailored to credit union operations.
Participate in ERM initiatives such as scenario analysis, business continuity planning, and risk workshops.
Support risk culture development and training across Empower FCU and relevant CUSO partners.
Contribute to the enhancement of third‑party risk management practices.
10% Data Analysis & Systems Management: Analyze risk data to identify trends, patterns, and emerging issues.
Maintain ERM systems of record and ensure data accuracy and completeness.
Support enhancements to risk dashboards, reporting tools, and automated risk workflows.
Perform all other duties as assigned.
Performance Measurements:
See Dayforce (HRIS) for performance goals upon hire & annually.
Knowledge and Skills:
Experience:
3 to 5 years of experience in risk management, compliance, audit, financial services, or a related analytical role.
Experience in a credit union, bank, CUSO, or other regulated financial institution strongly preferred.
Familiarity with NCUA regulations, credit union operations, and third‑party/CUSO oversight is beneficial.
Education:
Bachelor's degree in Business, Finance, Risk Management, Accounting, Economics, or a related field preferred.
Advanced degree or relevant certifications (e.g., CRMA, CRM, CUERME, CIA, CISA, CUCO) are a plus.
Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first‑level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills:
• Strong analytical and critical thinking abilities.
• Excellent written and verbal communication skills.
• High attention to detail and strong organizational skills.
• Ability to collaborate effectively with cross‑functional teams.
• Proficiency with Microsoft Excel, PowerPoint, and data analysis tools.
• Familiarity with risk frameworks (COSO, ISO 31000) and NCUA guidance.
• Understanding of credit union operations, products, and regulatory environment.
• Ability to manage multiple priorities and meet deadlines.
• Professionalism, discretion, and the ability to handle sensitive information.
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to sit for long periods at a time, use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
Empower Federal Credit Union (EFCU) and its affiliated companies know employees are our greatest asset. We take pride in our commitment to member service, teamwork, and excellence. We offer employees a work environment designed to encourage personal and professional development. Empower Federal Credit Union is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic including race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Our equal employment opportunity policy statement, the EEO is the Law Poster and Supplement, and Pay Transparency Nondiscrimination Provision reaffirm our commitment.
Empower Federal Credit Union is committed to equal opportunity to qualified persons without regard to basis of race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Empower Federal Credit Union will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business. If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the ADA, please contact us through one of the methods listed below.
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Job Description Posted Monday, December 22, 2025 at 5:00 AM
Empower FCU Purpose:
At every stage of life, positively impact members by providing affordable financial services.
Empower FCU Core Values:
Fairness, Integrity & Honesty
Empower FCU Strategic Pillars:
World-Class Employee Experience
Best-In-Class Member Experience
Growth for Impact
Shared Value in the Community
Empower Federal Credit Union offers excellent benefits including... Medical and Dental Insurance, 401K with Employer Match, Holiday Pay, Paid Time Off and more!
A World-Class Employee Experience : We are at our best when we are developing genuine relationships, looking out for one another, freely and honestly sharing information, and working together. We succeed when we rise above our departments, roles, and individual interests to come together, to move forward together. Each of us plays a crucial role in creating a positive work environment and we encourage all our employees to actively contribute to embracing Empower’s values and supporting those around you.
Be Yourself, Belong with Empower : The strength of Empower is in the unique backgrounds, voices, talents & experiences of each person. With a culture of belonging, we enable teamwork, spark innovation, and fuel success.
Please note:
All candidates will be subject to a background check to determine employment eligibility. For roles that require an NMLS you may be subject to a credit check.
Role:
The Enterprise Risk Management (ERM) Analyst supports Empower FCU's Enterprise Risk Management program by helping identify, assess, monitor, and report risks across the credit union. This role works closely with business units to document processes, evaluate controls, and maintain risk records in alignment with NCUA guidance, internal policies, and industry best practices.
The ERM Analyst strengthens risk awareness across the organization, supports regulatory readiness, and provides analytical insights that help leadership make informed, risk aware decisions.
The annual salary range for this position is: $75,699.51-$113,549.27.
Location:
Our headquarters are based in Syracuse, NY. We work in a Hybrid Model requiring a minimum of 5 days in office per month.
Essential Functions & Responsibilities:
Assist in identifying emerging risks across Empower FCU and its CUSO relationships.
Support annual and ongoing risk assessments, including operational, strategic, financial, compliance, cybersecurity, and third‑party risks.
Evaluate risks in accordance with NCUA, CFPB, and other applicable regulatory expectations.
Gather and analyze risk information from business units and CUSO partners.
Maintain and update the enterprise risk register, including CUSO related risks and third party oversight documentation.
Prepare risk dashboards, heat maps, and reports for senior leadership, Board committees, and regulatory examinations.
Track remediation activities and follow up with business units to ensure timely completion.
Support reporting aligned with NCUA’s supervisory priorities and internal governance requirements.
20% Process & Control Documentation: Document business processes, internal controls, and risk mitigation strategies across credit union operations.
Review and validate control effectiveness, identifying gaps or improvement opportunities.
Support internal audits, NCUA examinations, and compliance reviews.
Assist in documenting and monitoring CUSO oversight processes, including due diligence and ongoing monitoring.
15% ERM Program Support: Assist in developing and enhancing ERM policies, procedures, and frameworks tailored to credit union operations.
Participate in ERM initiatives such as scenario analysis, business continuity planning, and risk workshops.
Support risk culture development and training across Empower FCU and relevant CUSO partners.
Contribute to the enhancement of third‑party risk management practices.
10% Data Analysis & Systems Management: Analyze risk data to identify trends, patterns, and emerging issues.
Maintain ERM systems of record and ensure data accuracy and completeness.
Support enhancements to risk dashboards, reporting tools, and automated risk workflows.
Perform all other duties as assigned.
Performance Measurements:
See Dayforce (HRIS) for performance goals upon hire & annually.
Knowledge and Skills:
Experience:
3 to 5 years of experience in risk management, compliance, audit, financial services, or a related analytical role.
Experience in a credit union, bank, CUSO, or other regulated financial institution strongly preferred.
Familiarity with NCUA regulations, credit union operations, and third‑party/CUSO oversight is beneficial.
Education:
Bachelor's degree in Business, Finance, Risk Management, Accounting, Economics, or a related field preferred.
Advanced degree or relevant certifications (e.g., CRMA, CRM, CUERME, CIA, CISA, CUCO) are a plus.
Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first‑level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills:
• Strong analytical and critical thinking abilities.
• Excellent written and verbal communication skills.
• High attention to detail and strong organizational skills.
• Ability to collaborate effectively with cross‑functional teams.
• Proficiency with Microsoft Excel, PowerPoint, and data analysis tools.
• Familiarity with risk frameworks (COSO, ISO 31000) and NCUA guidance.
• Understanding of credit union operations, products, and regulatory environment.
• Ability to manage multiple priorities and meet deadlines.
• Professionalism, discretion, and the ability to handle sensitive information.
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to sit for long periods at a time, use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
Empower Federal Credit Union (EFCU) and its affiliated companies know employees are our greatest asset. We take pride in our commitment to member service, teamwork, and excellence. We offer employees a work environment designed to encourage personal and professional development. Empower Federal Credit Union is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic including race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Our equal employment opportunity policy statement, the EEO is the Law Poster and Supplement, and Pay Transparency Nondiscrimination Provision reaffirm our commitment.
Empower Federal Credit Union is committed to equal opportunity to qualified persons without regard to basis of race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law. Empower Federal Credit Union will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business. If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the ADA, please contact us through one of the methods listed below.
#J-18808-Ljbffr