SF Fire Credit Union · 1 day ago
Chief Risk Officer
San Francisco, CA
Full-time
Onsite
Director/Executive
$200K/yr - $285K/yr
15+ years expSF Fire Credit Union is a San Francisco-based credit union that has grown significantly since its establishment in 1951. The Chief Risk Officer (CRO) will be responsible for overseeing the management of risk across the credit union, ensuring compliance with regulations, and protecting members' assets while supporting sustainable growth and innovation.
BankingFinanceFinancial Services
Responsibilities
Develop and implement a robust enterprise risk management (ERM) framework that identifies, assesses, mitigates, and monitors risks across the credit union
Advise the CEO and board of directors on risk exposures and mitigation strategies, providing clear and actionable insights
Collaborate with executive team members and department leaders to integrate risk management practices into day-to-day operations and strategic planning
Oversee the internal audit function, ensuring it operates independently and effectively to assess the adequacy and effectiveness of the credit union’s internal controls
Manage co-sourcing partners to execute against the audit plan and to ensure that control deficiencies are identified in a similar and thorough manner
Develop and execute a risk-based internal audit plan that addresses key operational, financial, and compliance risks
Report audit findings and recommendations to the CEO and board, ensuring timely resolution of identified issues
Manage the third-party risk management program, ensuring that third-party relationships are adequately assessed for sufficient controls (especially information security), risks and aligned with the credit union’s strategic goals
Oversee the records retention program, ensuring that all records are maintained, stored, and disposed of in compliance with legal and regulatory requirements
Develop and implement policies and procedures for records management, ensuring the security and confidentiality of sensitive information
Conduct regular reviews of the records retention program to ensure ongoing compliance and operational efficiency
Lead the development and maintenance of the business continuity plan (BCP) to ensure the credit union’s ability to operate during and after a crisis or disruption
Coordinate and lead regular testing and training exercises to ensure preparedness and continuous improvement of the BCP
Oversee the corporate insurance program, ensuring adequate coverage for all operational, financial, and liability risks
Evaluate and select insurance providers, negotiate policy terms, and manage claims processes
Regularly review and update insurance coverage to reflect changes in the credit union’s risk profile and operations
Own the notification process to insurance carriers and other key stakeholders for potential or actual claims
Ensure compliance with all applicable federal, state, and local regulations, including those specific to credit unions
Stay informed about changes in the regulatory environment and assess their impact on the credit union’s operations
Collaborate with the compliance team to develop and implement policies and procedures that meet regulatory requirements
Lead, mentor, and develop the risk management, internal audit, and vendor management teams, fostering a culture of integrity, accountability, and continuous improvement
Set clear goals and performance expectations for direct reports, providing guidance and support to achieve them
Ensure effective succession planning within the risk management and related functions
Serve as a key advisor to the CEO and board of directors on all risk-related matters, providing regular updates on risk exposures, mitigation strategies, and internal audit findings
Collaborate with other senior executives to align risk management practices with the credit union’s overall business objectives
Present reports and recommendations to the board’s audit and risk committees, ensuring transparency and accountability
Participate in strategic planning and decision-making processes, ensuring that risk considerations are integrated into the credit union’s long-term plans
Lead or contribute to special projects and initiatives that involve risk management, internal audit, or compliance considerations
Support innovation and transformation initiatives by assessing risks and providing solutions that align with the credit union’s strategic goals
Other duties as assigned
Qualification
Required
A bachelor's degree in business administration, accounting or finance is required
Minimum of 15 years of progressively responsible management experience in a financial institution setting
A strong background in risk management, including direct experience in developing, assessing, and performing enterprise risk assessments are required
Familiarity with risk management concepts and leading practices such as the COSO framework
Extensive experience in a senior risk management role, preferably within a credit union, financial institution, or similarly regulated industry
Proven track record of developing and implementing risk management and internal audit strategies
Previous hands-on experience with regulatory compliance, third-party risk management, business continuity planning, and corporate insurance program management
Excellent leadership skills with experience managing and developing high-performing teams
Exceptional communication and interpersonal skills, with the ability to engage effectively with both internal and external stakeholders
Willingness to 'roll-sleeves' up to help the credit union achieve its broader goals
Analytical mindset with the ability to leverage data and insights to inform risk management decisions
Commitment to the credit union's mission, values, and member-first approach
Adaptability and the ability to thrive in a dynamic and fast-paced environment
Preferred
A Master of Business Administration and Certified Internal Auditor is preferred
Benefits
401(k) and Employer Match
Health, Vision, Dental and Life Insurance
Annual Incentive/Bonus Program
Tuition Reimbursement Program
11 Paid Holidays + Competitive PTO package
Home & Consumer Loan Program (Discounted Rates)
Professional development and training programs
On-demand personal coaching resource
Wellness Program (Discounted Gym Membership)
Company
SF Fire Credit Union
SF Fire Credit Union provides checking, saving accounts, insurance & investment, mobile & internet banking and other financial services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Kathy Duvall
President/CEO
Anthony Vitale
SVP/CIO Chief Information Officer
Recent News
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