24 Oct
|
Community Savings Credit Union
|
Surrey
24 Oct
Community Savings Credit Union
Surrey
Community Savings Credit Union | Full time "We exist to unite working people to build a just world" Community Savings Credit Union is a member-owned financial cooperative with a long-standing commitment to people, communities, and positive social impact. For over 80 years, we've helped members achieve financial well-being while supporting initiatives that create stronger, more inclusive communities. Our team is united by a shared belief that business can be a force for good, and we are passionate about putting our Social Purpose into action every day.
Different perspectives, experiences, and backgrounds make us stronger. We welcome applications from people of all backgrounds and are committed to ensuring every candidate is treated fairly and respectfully throughout the recruitment process.
Community Savings Credit Union acknowledges the Indigenous Peoples on whose traditional territories we live and work. THE ROLE:
TheVice President, Enterprise Risk provides leadership and oversight for theCredit Union's Enterprise Risk Management (ERM) framework, supporting theachievement of organizational objectives by ensuring risks are appropriatelyidentified, assessed, monitored, managed and reported. The role providesindependent second-line oversight across material risk categories, promotes apractical and accountable risk culture, leads the Anti-Money Laundering (AML)function, oversees adequate QRM of any high-risk business activities; overseescorporate insurance policies and provides the Board and Executive LeadershipTeam with transparent insight into the Credit Union's overall risk profile.
Thisrole directly manages or performs the function of Chief Anti Money LaunderingCompliance Officer and Privacy Officer; The role supports strategic andoperational decision-making by providing risk advice,
credible challenges andpractical recommendations. The Vice President monitors emerging risks andregulatory developments, supports enterprise stress testing and resilienceplanning, and helps ensure that risk appetite considerations are reflected inbusiness planning, key initiatives and governance reporting. The role isaccountable for ERM, AML, regulatory risk oversight, Board reporting and riskculture, while contributing to strategic planning and emerging risk monitoringin a scaled, practical manner. Core Outcomes:
Enterprise Risk Management and Governance
Lead the maintenance and continuous improvement of the ERMframework, including risk taxonomy, risk assessment methodology, risk appetitealignment, escalation protocols, reporting standards and governance practices. Oversee enterprise-level risk identification, assessment,monitoring and mitigation activities, ensuring risk information is clear,timely and useful for management and Board decision-making. Provide independent review and constructive challenge on materialinitiatives, operational changes, new products or services, process changes andsignificant third-party arrangements. Coordinate enterprise risk reporting for the Board, BoardCommittees and Executive Leadership Team, including material risk exposures,key risk indicators, risk appetite performance, emerging issues and mitigationprogress. Ensure risk policies,
standards and procedures are current,practical, appropriately approved and understood by risk owners across theorganization. Act as a liaison for Credit Union regarding processes andprocedures for branches and organizational controls, compliance and privacy Second-Line Oversight and Risk Advisory
Provide objective second-line oversight while respectingfirst-line ownership of day-to-day risk management. Partner with business leaders to build practical controls, clarifyaccountability and support informed risk-based decision-making. Monitor the effectiveness of risk management practices across keyfunctions and escalate concerns, gaps or trends as appropriate. Advise on operational, compliance, technology, cyber, outsourcing,fraud prevention, business continuity, data governance and member-impact risks. Promote consistent risk assessment and issue management practices,including root-cause analysis and sustainable remediation planning. AML, Financial Crime and Compliance Oversight
Lead the AML function and ensure the program has appropriategovernance, monitoring, training, reporting, investigation, escalation andrecord-keeping practices. Oversee financial crime risk considerations, including suspiciousactivity escalation, sanctions-related considerations, fraud risk trends andhigher-risk member or transaction typologies. Ensure AML-related roles, responsibilities and oversightmechanisms are clearly understood by accountable leaders and operational teams. Provide timely reporting to Executive and Board-level stakeholderson AML risk, program effectiveness, issues, trends and remediation activity. Support readiness for independent reviews, audits, examinationsand regulatory inquiries related to AML and financial
📌 Vice President, Enterprise Risk (Surrey)
🏢 Community Savings Credit Union
📍 Surrey