Overview To advise senior leadership and lead on-going risk strategy that supports and aligns with corporate and departmental strategic goals and initiatives, mitigates risk, and enhances operating procedures. Assist developing action plans for process improvements, managing resources, project management, and operations to achieve organizational, strategic, financial, and member service goals and objectives. Execute ad hoc and additional risk initiatives that promote operational efficiency and service excellence. Serve as subject matter expert to support, coach, and mentor junior level team members. May oversee team assignments such as risk reporting, risk assessments, controls testing, and issues management.Responsibilities
Lead risk team members in efficient execution of the risk management program within the department, identify areas of risk, evaluate effectiveness, present mitigation opportunities and business solutions, and ensure alignment with enterprise frameworks and with industry best practices
Responsible for development and leadership of comprehensive risk initiatives in line with the enterprise goals and regulatory expectations
Partner with business unit stakeholders to translate control deficiencies into action plans and provide recommendations to enhance governance practices
Proactive oversight of Security Standards impactful to Digital to ensure proper alignment to Digital Business Unit
Promote collaborative process improvement between Security and Digital with respect to early detection of potential security vulnerabilities
Develop and oversee project plans, teams, and roadmaps that outline preventative and corrective actions necessary to remediate control deficiencies, maximizing effectiveness, and mitigating future exposure
Challenge and influence Security to ensure assessments are strategically and operationally aligned to the Digital Business Unit
Leverage individual research, internal and external papers to drive process improvement
Responsible for risk reporting metrics enhancement to identify performance, risk trends, and best practices to cultivate a best-in-class emerging industry risk program
Serve as subject matter expert regarding risk, business functions, systems, policies and/or procedures as it relates to Security
Advise and assist in facilitating risk reporting with senior leadership and key risk stakeholders, drive meaningful conversation, identify outcomes and actions, and ensure follow-up for those actions with risk decision makers and performers
Collaborate by actively working across business lines, communicating knowledge and business processes to other business units
Build and maintain mutually beneficial relationships across digital and security, facilitates timely communication and coordination of activities to streamline impactful security processes
Develop program enhancements to identify critical areas to monitor and escalate issues and findings to appropriate stakeholders and governance committees
Build and maintain relationships with team members, management, key stakeholders, and external contacts/vendors
Stay abreast of and ensure compliance with applicable laws, regulations and guidelines
Mentor junior team members and oversee key responsibilities
Perform other duties as assigned
Qualifications
Experience leading risk and/or compliance related activities in financial services or other relevant industry
Advanced knowledge of operational and regulatory risks and controls, including risk management techniques, methodologies, and systems
Experience assimilating technical, complex financial, and economic data; proficient in data analysis, reporting, auditing, and operations research
Working knowledge of state and Federal laws, industry regulations, principles, and practices
Experience leading and/or supervising professional employees
Working knowledge of organizational change management principles and practices
Ability to develop conclusions and formulate course of action to include forecasting and cost-benefit analysis
Expert analytical/quantitative, reconciliation, and deductive reasoning skills
Effective skill in building strategic and execution-focused plans and alliances with stakeholders and leaders
Advanced skill in project management to include establishing and leading project teams; managing timelines/deadlines/resources; and ensuring successful project implementation
Advanced communication and presentation skills; ability to persuade and influence; communicate complex information in an easily understandable manner
Strong problem solving and decision-making skills and the ability to work independently
Advanced skill exercising initiative and using good judgment to make sound decisions
Advanced word processing and spreadsheet software skills
Advanced database and presentation software skills
Bachelor's degree in Business Administration, Finance, or the equivalent combination of education, training, and experience
Desired Qualifications
Experience with credit union financials and/or NCUA regulations
Advanced knowledge of Navy Federal's functions, philosophy, operations and organizational objectives
Master's degree in Business Administration, Finance, or the equivalent combination of education, training, and experience
Hours: Monday - Friday, 8:00AM - 4:30PMLocations: 820 Follin Ln, Vienna, VA 22180 | 141 Security Dr Winchester, VA 22602 | 5550 Heritage Oaks Dr, Pensacola, FL 32526About Us You have goals, dreams, hobbies, and things you're passionate about—what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family, and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it: Military Times 2022 Best for Vets Employers WayUp Top 100 Internship Programs Forbes® 2022 The Best Employers for New Grads Fortune Best Workplaces for Women Fortune 100 Best Companies to Work For® Computerworld® Best Places to Work in IT Ripplematch Campus Forward Award - Excellence in Early Career Hiring Fortune Best Place to Work for Financial and Insurance ServicesEqual Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/DisabilityDisclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market positionBank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.REQNUMBER: 16771