7 17 Credit Union · 3 weeks ago
Vice President of Risk Management
Warren, OH
Full-time
Onsite
Mid, Senior Level
5+ years exp7 17 Credit Union is a progressive financial institution in Ohio, seeking a Vice President of Risk Management to protect its assets and reputation. This leadership role involves providing strategic direction for commercial credit risk, information security, vendor management, and enterprise risk management functions, as well as overseeing the establishment of a new business banking division.
BankingCreditFinancial ServicesLending
Hiring Manager
Courtnee Shanley
Responsibilities
Provide strategic oversight and leadership for all commercial credit administration functions, including commercial underwriting, account reviews, portfolio management, commercial collections, and loan servicing
Serve as a voting member of the Executive Loan Committee, providing expert analysis and recommendations on commercial loan approvals
Have primary responsibility for the development, implementation, and maintenance of the credit union's commercial lending credit policy, ensuring it aligns with the credit union's risk appetite and regulatory requirements
Monitor commercial loan portfolio performance, identify emerging risks, and develop effective mitigation strategies, including conducting stress testing and portfolio-level analysis
Lead and mentor the commercial credit administration team, fostering a culture of risk awareness, credit discipline, and continuous improvement
Lead the "ground up" establishment of a new business banking and treasury services division, defining the operational framework, products, and services
Partner with third-party providers to evaluate, select, and implement the necessary technology, platforms, and processes to ensure a seamless and scalable operation
Act as the primary liaison between the commercial lending and business banking teams to drive business deposit growth and cross-sell opportunities
Coordinate with branch operations and other internal stakeholders to ensure a seamless delivery of business banking services across the credit union's branch network
Develop a strategic plan for the growth and expansion of business banking and treasury services, including market penetration strategies and performance metrics
Provide oversight and strategic direction for the credit union's information security program, ensuring alignment with industry best practices and regulatory requirements and ensuring the credit union's data, systems, and digital assets are protected from evolving cyber threats
Oversee the Vendor Management program, ensuring all third-party relationships are thoroughly vetted, monitored, and managed for both operational and security risks
Oversee the Enterprise Risk Management program. Aggregate, monitor, and mitigate enterprise-wide risk items and present findings to the ERM Committee and Board of Directors
Develop policies, procedures and overall programs which include the quantification of the risk appetite of the Board of Directors through specific risk limits within the organization
In collaboration with the VP of Compliance, take a significant role in preparing for and responding to all annual regulatory examinations, including those from the NCUA and ODFI
Assist in managing due diligence teams for mergers and acquisitions, performing comprehensive risk reviews across all business lines
Lead cross-organizational due diligence teams to review asset quality, loan documentation, collateral, underwriting standards, collection practices, and overall program quality and compliance for commercial, mortgage, and consumer lending portfolios
Provide comprehensive, data-driven recommendations to the CEO regarding the viability and risks associated with potential mergers or acquisitions
Qualification
Required
A minimum of five years of experience in risk management, preferably in a supervisory or EIC (Examiner-in-Charge) capacity, with demonstrated experience leading NCUA, FDIC, CFPB, or state regulatory examinations and with thorough knowledge of laws and regulations OR equivalent combination of education and experience
5-10 years of commercial credit administration experience required at a financial institution with at least $2 billion in assets and a commercial portfolio exceeding $200 million
Have one or more of the following and be willing to work toward others: Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA), Certification in Risk Management Assurance (CRMA)
Prior, direct management experience
Strong analytical and problem-solving skills with the ability to analyze business activities, identify problems or opportunities and help develop creative solutions
Demonstrated ability to adhere to a strict code of ethics in handling confidential information
Demonstrated experience in briefing and presenting complex issues to boards of directors and executive management teams
Strong familiarity with Enterprise Risk Management monitoring practices, frameworks (e.g., COSO), and risk governance principles
Excellent technical skills with a deep understanding of financial modeling, data analysis, and risk assessment methodologies
Proven ability to build, lead, and mentor high-performing, cross-functional teams
Exceptional communication, interpersonal, and negotiation skills, with the ability to influence and build consensus across the organization
A strategic thinker with a strong analytical and problem-solving ability, and a proactive approach to identifying and mitigating emerging risks
Company
7 17 Credit Union
7 17 Credit Union is a progressive financial institution offering credit union membership, provides banking services to 86,000 Members.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
John Demmler
President / CEO
Shelly Pawcio, CPA
Chief Financial Officer
Recent News
Business Journal Daily | The Youngstown Publishing Company
2025-09-19
Business Journal Daily
2024-06-04
Business Journal Daily | The Youngstown Publishing Company
2023-09-27
Company data provided by crunchbase