Suffolk Credit Union · 16 hours ago
VP, Risk Management
Medford,NY,US
Full-time
Onsite
Senior Level
$150K/yr - $170K/yrSuffolk Credit Union empowers its members and strengthens the community by promoting financial wellness. The VP of Risk Management is responsible for leading and overseeing all enterprise risk functions, ensuring compliance with regulatory standards, and collaborating with leadership to mitigate risks across the organization.
BankingFinancial Services
Responsibilities
Directs daily and long-term operations of Risk Management, including Compliance, Fraud, BSA/AML, ERM, Business Continuity, Vendor Management, and physical/information security
Leads, mentors, evaluates, and manages department staff in partnership with People Operations
Participates in strategic planning to identify, assess, and mitigate organizational risk
Develops and maintains risk analysis tools, methodologies, models, and risk tolerances
Oversees regulatory compliance programs, risk-based reviews, internal controls, and HMDA reporting
Manages fraud prevention across all products and delivery channels
Oversees all aspects of BSA/AML, including cannabis banking and law enforcement coordination
Serves as primary liaison with regulators, internal audit, and law enforcement; coordinates examinations and documentation
Manages enterprise-wide policies, vendor management program, and corporate insurance coverage
Oversees facility and information security, safety training, incident investigations, OSHA/ADA compliance
Leads Enterprise Risk Management, business continuity planning, risk assessments, and Board-level reporting
Manages member complaint resolution, compliance training, departmental budgets, and Board/Senior Management reporting
Qualification
Required
Bachelor's degree in Risk Management, Finance, Economics, Mathematics, or a related field required
Advanced knowledge of risk analysis, regulatory requirements, and financial industry operations
Strong expertise in BSA/AML, fraud mitigation, compliance, and security of facilities and information
In-depth knowledge of credit union products, services, policies, and procedures
Proficient in Excel and skilled in analyzing complex financial and statistical data
Demonstrated leadership, supervisory, and cross-functional team-building capabilities
Strong written and verbal communication skills with senior management
Effective independent problem-solver able to manage multiple complex deadlines
Exercises sound judgment, discretion, and responsibility with confidential information
Ability to work autonomously with minimal supervision
ACAMS BSA Certificate, Compliance Officer Certification required (or obtained within two years of hire)
Benefits
Comprehensive benefits
Health plans
Lifestyle spending accounts
401(k) matching
Support for work-life balance
Employee engagement activities
Opportunities for community involvement
Company
Suffolk Credit Union
Suffolk Credit Union is a not-for-profit serving Long Island since 1967. Members don’t just bank at Suffolk- they’re shareholders.
Founded in 1967
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Michele Dean
Chief Executive Officer
Sarah McCandless CPA, CCE
EVP & Chief Financial Officer
Company data provided by crunchbase