Position Type: Full-Time
Work Environment: Hybrid
Location: Wackerly – Midland, MI 48640, USA (+2 more locations)
Position: Risk Manager I
Employment Status: Non-Exempt
Reports to: VP of Risk Management
Position Overview
Are you experienced in and passionate about Enterprise Risk Management? Do you thrive on analyzing, monitoring, and mitigating risk across an organization? Members First Credit Union is seeking a Risk Manager I that has potential for hybrid or remote work in Midland, Michigan. This role supports our teams, leaders, and Board while strengthening our enterprise risk management efforts. Apply today!
We strive to create an atmosphere of belonging with no judgment, just opportunity. We are interconnected to each other, and when we embrace our true authentic selves, we are stronger. We will empower you to be the best version of yourself while helping you to flourish in work and life. Come join us to help create thriving communities!
The primary purpose of this position is to assist Members First Credit Union to deliver on its mission, vision, and brand promise. You will do this by living out our core values in every service contact to both internal and external members. At the heart of our Employee Value Proposition lies the belief in purpose, belonging, and joy, fostering a culture where every team member feels invested and encouraged to make a meaningful impact in the lives of others.
Essential Duties
- Oversee and administer the credit union’s Enterprise Risk Management (ERM) and Compliance Risk Assessment framework
- Lead enterprise-wide and compliance risk assessments
- Evaluate inherent and residual risk and maintain key risk indicators (KRIs)
- Analyze risk data and trends and provide reporting to senior leadership and the Board
- Promote a risk-aware culture throughout the organization
- Monitor overall risk profile and emerging risks
- Ensure alignment with regulatory requirements, internal policies, and risk appetite
- Oversee issue management and corrective action efforts
- Support leadership engagement, communication, and risk management training initiatives
- Travel for training and meetings as needed
- Hybrid position with expectation of 3 days in office and flexibility for changing work locations
- Obtain the following certifications within required timeframes:
- Credit Union Enterprise Risk Certification (CUERC) within first two years
- Certified Credit Union Compliance Officer (CUCO) within first year
- Certified Credit Union Financial Counselor (CCUFC) within first year
Duties and Responsibilities
- Execute and maintain enterprise and compliance risk assessments
- Evaluate design and effectiveness of enterprise-level and regulatory controls
- Maintain dashboards, KRIs, risk appetite statements, and risk reports
- Prepare and present periodic reporting to senior management and the Board
- Escalate significant risks and regulatory concerns appropriately
- Partner with business line leadership on strategic initiatives and remediation efforts
- Monitor regulatory changes, industry trends, and emerging risks
- Support organizational change management and risk integration efforts
- Develop and deliver enterprise risk management training and awareness initiatives
- Perform other duties assigned to support business needs
Qualifications and Expectations
- Strive to exceed credit union, department, and personal goals
- Ability to work autonomously
- Strong analytical and problem-solving skills
- Strong project and change management abilities
- Ability to manage multiple complex initiatives
- Excellent attention to detail
- Strong written and verbal communication skills
- Proficiency with Office 365, spreadsheet applications, and contemporary software
- Experience with Ncontracts, Arkalytics, and Symitar preferred
- Ability to use standard office equipment
- Apply financial counseling concepts gained through FiCEP training
Physical Requirements
- Ability to move, transport, or lift up to 50 pounds
- Able to remain stationary for 2–4 hours at a time
Work Environment
- Maintain a neat and orderly work area
- Routinely clean and disinfect work areas
- Protect confidentiality of staff and member information
Education and Experience
- Bachelor’s degree in Business Administration or related field
- 3–5 years of related experience in enterprise risk management, risk assessment development, or regulatory compliance, preferably within a financial institution
- Knowledge of relevant regulations and industry standards
- Experience developing risk assessments
Qualifications
Education
Required:
- Bachelors or better in Business Administration or related field
Experience
Required:
- Experience with developing risk assessments
- Knowledge of relevant regulations and industry standards
- 3–5 years of experience in enterprise risk management, risk assessment development, or regulatory compliance, preferably within a financial institution
