Senior Director Enterprise Risk

Job Description

JOB INFORMATION

Title:

Senior Director Enterprise Risk

Officer Title:

Senior VP

Grade:

34

FLSA Classification:

Exempt

Date Last Edited:

8/3/2026

Reports To:

Chief Risk Officer

Department:

Experience Activation

URL Link

https://hvfcu.jdxpert.com/ShowJob.aspx?EntityID=2&jobcode=1294

PRIMARY FUNCTION

Serve as the enterprise leader responsible for the design, administration, coordination, and continuous enhancement of the Enterprise Risk Management (ERM) Program. The role provides independent second-line oversight and effective challenge while partnering with executive management to ensure material risks are appropriately identified, assessed, monitored, escalated, and reported consistent with the credit union's strategic objectives, risk appetite, and regulatory expectations.

This position serves as steward of the enterprise risk universe—the organization's inventory of material risks—and is responsible for aggregating risk information, facilitating enterprise-wide risk assessments, promoting effective risk governance, and providing decision-useful reporting to executive management and the Board. The role reports to the Chief Risk Officer & General Counsel and serves as a trusted advisor to executive leadership, management committees, and the Board Risk Committee.

•

Lead the ERM Program and ensure alignment with strategic objectives, risk appetite, governance practices, and regulatory expectations.

•

Maintain and enhance the ERM framework, risk taxonomy, policies, standards, methodologies, and governance routines.

•

Serve as steward of the enterprise risk universe by maintaining the inventory of material risks and ensuring significant business activities, products, services, technologies, strategic initiatives, and third-party relationships are appropriately represented within the ERM framework.

•

Coordinate and facilitate enterprise-wide risk assessments and risk identification activities performed by business and risk owners, ensuring consistent methodology, aggregation, reporting, and oversight.

•

Promote clear risk ownership, accountability, escalation, and governance practices across the first and second lines of defense.

•

Facilitate management risk committee activities and support effective communication of enterprise risks to executive leadership and the Board.

•

Develop and maintain audience-appropriate reporting that provides a concise, meaningful view of enterprise risk exposures, emerging risks, key trends, and risk appetite performance.

•

Aggregate risk information from across the organization to provide an integrated view of the overall risk profile.

•

Develop dashboards, key risk indicators (KRIs), trend analyses, and other reporting tools that support governance and strategic decision-making.

•

Escalate material risk exposures, control concerns, risk appetite exceptions, and significant emerging risks through appropriate governance channels.

•

Translate complex risk information into practical and actionable business insights.

•

Coordinate the development and maintenance of enterprise risk appetite statements, thresholds, tolerances, and escalation protocols.

•

Facilitate oversight of enterprise KRIs and other metrics used to monitor risk exposures, concentrations, control concerns, and emerging trends.

•

Support governance processes for risk acceptance, risk mitigation, issue tracking, remediation oversight, and closure validation.

•

Provide independent challenge regarding risk assessments, residual risk determinations, remediation plans, due dates, and risk acceptance decisions.

•

Monitor the status of significant risk issues and ensure appropriate escalation and governance attention when necessary.

•

Provide second-line oversight, governance, and challenge across key enterprise risk disciplines, including operational risk, third-party risk, business continuity, operational resilience, model risk, fraud risk, information security risk, and emerging risks.

•

Assess the effectiveness of risk management practices and governance processes implemented by business and functional owners.

•

Coordinate risk information across risk programs to identify themes, concentrations, interdependencies, and emerging concerns.

•

Support continued maturation of risk and control self-assessments, risk inventories, issue management practices, and governance reporting.

•

Partner with Compliance, Bank Secrecy Act/Anti-Money Laundering (BSA/AML), Legal, Information Security, Finance, Internal Audit, Operations, Lending, and Technology leadership to promote consistent risk management practices.

•

Evaluate risks associated with new products, services, strategic initiatives, significant third-party relationships, business transformation efforts, and emerging technologies.

•

Monitor emerging risks associated with artificial intelligence (AI), automation, advanced analytics, digital transformation, and other evolving technologies.

•

Partner with business, technology, legal, compliance, and information security stakeholders to support appropriate AI governance, risk assessment, and responsible adoption.

•

Ensure emerging technology risks are incorporated into enterprise risk assessments, reporting, and governance processes.

•

Monitor industry developments and evolving regulatory expectations regarding AI, automation, analytics, and digital innovation.

•

Serve as a key ERM liaison during National Credit Union Administration (NCUA) examinations, independent reviews, audits, and other oversight activities.

•

Coordinate risk-related responses and remediation efforts arising from examinations, audits, independent reviews, and governance reviews.

•

Monitor industry developments, supervisory expectations, and emerging trends affecting ERM and financial services governance.

•

Maintain examiner-ready documentation demonstrating the design, operation, monitoring, and continuous improvement of the ERM Program.

•

Lead, coach, and develop enterprise risk personnel and build scalable practices, templates, reporting routines, and governance tools appropriate to the organization's size and complexity.

•

Promote a strong risk culture by reinforcing that business units own risk while ERM provides independent oversight, challenge, expertise, and governance support.

•

Provide ERM education and risk awareness support to executives, management, and staff as appropriate.

•

Model sound judgment, executive presence, ethical leadership, confidentiality, and sound governance practices.

Model sound judgment, executive presence, ethical leadership, confidentiality, and sound governance practices.

Model sound judgment, executive presence, ethical leadership, confidentiality, and sound governance practices.

•

Adhere to all Credit Union policies, procedures, and regulatory agency requirements. Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA) and demonstrate attained knowledge. Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises. Perform additional duties and special projects as assigned.

•

Embrace and apply HVCU’s guiding principles to all activities and responsibilities. This includes the Credit Union’s Mission, Vision, Core Values, Employee and Member Value Propositions, Sales and Service Model, and commitment to Lean Six Sigma practices. Support the Credit Union’s initiatives by demonstrating teamwork and professionalism.

•

Responsible for regular and predictable attendance including punctuality.

Bachelor’s Degree

Risk Management, Finance, Business Administration, Accounting, Economics, Law, Public Administration, or a related discipline

X

Master’s Degree

Advanced degree such as MBA, MS in Risk Management, JD, or equivalent graduate-level education.

X

Professional certification such as Certification in Risk Management Assurance (CRMA), Certified Internal Auditor (CIA), Certified Regulatory Compliance Manager (CRCM), Certified Enterprise Risk Professional (CERP), Financial Risk Manager (FRM), Professional Risk Manager (PRM), Certified Information Systems Security Professional (CISSP), Certified Third Party Risk Professional (CTPRP), or comparable credential.

X

Minimum 10 Years

Progressive financial services risk management, regulatory, compliance, governance, audit, legal, consulting, or related experience.

X

Minimum 5 Years

Leadership experience, including responsibility for developing people, programs, governance processes, and executive reporting.

X

•

Demonstrated experience developing, administering, or materially enhancing an ERM framework in a regulated financial services environment.

•

Experience preparing and presenting risk information to executive management, board committees, regulators, auditors, or similar oversight bodies.

•

Strong understanding of credit union or banking risk management expectations, including three-lines-of-defense governance and second-line credible challenge.

•

Experience with NCUA, OCC, FDIC, Federal Reserve, Consumer Financial Protection Bureau (CFPB), state banking, or other financial services regulatory examinations.

•

Intermediate to advanced communication skills are required to initiate oral and written responses to inquiries regarding processes.

•

Ability to work independently as well as in a team environment.

•

Able to maintain strict confidentiality.

•

Ability to manage time and tasks effectively.

•

Excellent communication and interpersonal skills to effectively collaborate with stakeholders at all levels of the organization

•

Strong leadership abilities, with the capability to influence and drive change within the organization.

PHYSICAL DEMANDS

Frequency

Physical Demand

Weight (lbs.)

Frequently

Sit for prolonged periods of time

Frequently

Required to communicate verbally

Frequently

Normal range of vision and hearing abilities required

Occasionally

Lift and/or move objects

10

Occasionally

Travel outside of work location to attend meetings and training programs

Frequently

Required to skillfully operate a computer, telephone and other standard office equipment

WORK ENVIRONMENT

•

Typically the noise level in the work environment is low to moderate.

•

May experience occasional job stress in response to job demands.

•

High energy, high impact atmosphere.

•

There are no significant hazardous conditions.

View Competencies

Strategic Visioning

Takes a long-term view and builds a shared vision within the organization; acts as a catalyst for organizational change. Influences others to translate vision into action.

Level 4

1. Creates and communicates a vision of the organization that motivates others to superior performance; involves other people in the organization in strategic planning.  2. Makes sound business decisions through thorough research, analysis and understanding of complex and contradictory data.  3. Monitors and analyzes internal and external progress to strategic objectives on an ongoing basis. Acknowledges setbacks and repositions accordingly. Is aware of the organization’s impact on the external environment.  4. Positions the organization for future success in anticipation of new market trends, opportunities, and vulnerabilities; equips the organization to become an effective long-term competitor.

Leadership

Leads people towards meeting the organization’s vision, mission, and goals. Provides an inclusive workplace that fosters diversity, development, teamwork and continuous improvement.

Level 4

1. Creates a culture in which people want to do their best. Inspires and motivates high performance throughout the organization.  2. Drives organizational learning through knowledge management, ongoing learning, and sharing key experiences.  3. Employs strategies and skills to enlist others in setting, embracing and achieving objectives.  4. Establishes and demonstrates the highest standards of ethical, moral, and legal business conduct.   5. Establishes policies and best practices that support the value of and facilitate continuous transformation across the organization.

Service Excellence

Consistently incorporates Hudson Valley's member and employee value proposition, reinforcing organizational culture and brand differentiators.

Level 4

1. Champions culture, establishes clear organizational values, vision and strategy.   2. Creates the organization's business model and competitive position in the marketplace. Effectively communicates model to drive understanding and action throughout the organization.  3. Delivers upon the member value proposition by providing a product line that meets and exceeds expectations.  4. Enhances brand awareness by keeping messages focused and consistent with the business strategy. Leads through principled and consistent communications even when addressing difficult subjects.

Resiliency

Adapts positively to changing environments in order to achieve business results.

Level 4

1. Creates a climate where self-knowledge is sought after, respected, and wisely used. Seeks complementary capabilities to improve professional and business effectiveness.  2. Develops new ideas and initiatives that improve the performance of the organization.  3. Directs change so as to minimize adverse impacts on organizational resources. Predicts the human costs of change programs and establishes reasonable time-to-benefit targets.  4. Sponsors innovation programs and change initiatives.

Communication

Provides information and messages in a way that produces clarity and impact.

Level 4

1. Articulates key messages for the group or unit based on mapping strategy to audience analysis.

2. Generates communications plans for various scenarios including crisis management.

3. Represents the organization faithfully and accurately with internal and external audiences.

4. Addresses broad audiences and stakeholder groups.

5. Enhances brand awareness by keeping messages focused and consistent with the business strategy

6. Leads through principled and consistent communications even when addressing difficult subjects.

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee in this position.  Additional functions and requirements may be assigned by supervisors as deemed appropriate, with or without notice.

Nothing contained in this material creates a contract of employment between an employee and Hudson Valley Federal Credit Union or otherwise alters the at-will nature of the employment relationship.

Are you able to perform the essential functions listed in this job description with or without reasonable accommodation?  YES_______  NO_______

By signing below you certify that you have received this job description and understand the requirements, essential functions and duties of the position.  If you are currently employed in this position, your signature acknowledge that this job description accurately describes the position, including its essential functions.

Name:  _____________________________________________

Signature: _____________________________________________

Date:  _____________________________________________ 

Please also note that Hudson Valley Federal Credit Union respects the religious beliefs and practices of employees and will, on request, reasonably accommodate its employees when a reasonable accommodation is available that does not create an undue hardship on the Credit Union’s business.  Therefore, unavailability for work due to religious observances or practices may not be a bar to employment.