Senior Vice President, Enterprise Risk Management

Reporting to the General Counsel the Senior Vice President, Enterprise Risk Management (SVP, ERM) will work across the organization to establish and operate the CSBS risk framework to include overseeing the planning, development, implementation, and operation of CSBS's Enterprise Risk Management program to guide and support CSBS in achieving our goals and objectives. The SVP, ERM will be a highly technical expert with specialized knowledge and subject matter expertise on enterprise-wide financial and program risk, audit, and fraud risk management.

Essential Functions

To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Other duties may be assigned to meet business needs.

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• Member of the Senior Leadership Team (SLT) - The SLT is a group of peers with individual leadership roles at CSBS and a commitment to working across business units to achieve organizational goals. SLT members collaborate to ensure priorities and resources are aligned to successfully implement CSBS strategies. They are responsible for delivering on those strategies while also demonstrating our values to reinforce a positive and collaborative CSBS culture.
  
• Ensure CSBS has a consistent, system-wide view and understanding of the combined current and future internal and external risks of the business and their inter-relationships.
  
• Working with leadership, create a robust Enterprise and Operational Risk Framework for business leaders and business owners to:
  
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  • Establish risk tolerance statement.
    
  • Identify current and emerging internal and external risks in CSBS daily operations.
    
  • Develop risk mitigation and management strategies and plans.
    
  • Contribute to the CSBS's strategic direction.
    
  
  
• Develop criteria and process for escalation directly to the Executive Leadership Team, CEO, Audit Committee, and CSBS Chair.
  
• Establish staff and member communication plans to elevate risk transparency.
  
• Create an organizational risk-aware culture by providing outreach, training, and support to various levels of employees. Improve risk awareness among senior management to cultivate a risk-aware culture at all levels where risk is discussed, understood, and managed.
  
• Conduct independent reviews of business leaders' risk assessments and mitigation plans.
  
• Lead in-depth reviews including quantitative and qualitative analyses, to identify emerging risks, root causes, interdependencies, risk trajectories and related findings to determine areas that require focus. Offer written and oral recommendations for actions to address issues or problems uncovered by fact-finding and analysis efforts.
  
• Create a consistent risk reporting and communications process to communicate risks within CSBS.
  
• Review and update the Enterprise and Operational Risk Framework on at least an annual basis.
  
• Facilitate and support internal audit and the work of the internal auditor per approved audit plans.
  
• Coordinate with internal auditor and Finance and Office Operations business unit on the Enterprise and Operations Risk Assessment that forms the basis of the Risk Reserve Framework.
  

Additional Responsibilities

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• Report regularly to the CSBS Audit Committee on organizational performance against corporate risk tolerance.
  

Minimum Qualifications

To perform this job successfully, an individual should possess the knowledge, skills, and abilities listed and meet the amount of education, training and/or work experience required.

Education and Experience

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• Bachelor's degree required; M.B.A. or Masters-level degree in business, finance, or risk education preferred.
  
• At least ten (10) years of proven and progressive experience in ERM, audit, and/or compliance required; experience in government and/or financial services preferred.
  

Knowledge, Skills, and Abilities

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• Deep understanding of risk management and fluency in related areas such as operational risk, reputational risk, legal risk, insurance risk, treasury risk, cyber risk, business resiliency, environmental risk, compliance, third party risk, and information management.
  
• Track record in developing and transforming risk programs. Able to center decision making around business enablement, propose innovative solutions, remove obstacles swiftly and deliver quality results while retaining necessary independence for the Enterprise Risk function.
  
• Strong quantitative and qualitative analytical and problem-solving skills, demonstrating an understanding of the key financial and operational drivers of the company.
  
• Familiarity with IT security, technology controls, and risk disciplines preferred.
  
• Previous experience with ERM system implementation and championing organization-wide adoption.
  
• Regulatory knowledge across the United States banking landscape.
  
• Strong leadership, decision-making, communication, and collaboration skills.
  
• The ability to speak so that you are heard and write so that you are read. Consultative working style, able to listen reflectively and to effectively interface with various parts of the organization with different goals and communication styles.
  

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• Due to the nature of CSBS's business in support of state financial services supervision, all CSBS employees have the potential of interacting with confidential information related to the supervision of financial services companies ("Confidential Supervisory Information"). As a result, in addition to general business conflicts of interest, all CSBS employees are expected to disclose conflicts of interest in financial services companies on at least an annual basis and to proactively avoid such conflicts.
  
• Protect the confidentiality, integrity, and availability of CSBS information and information systems in accordance with CSBS policies and procedures.
  

Values Instilled Behaviors for Excellence

Member/ Customer Service

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• Builds and values relationships.
  
• Prioritizes work.
  
• Advocates and advances member's goals.
  

Teamwork

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• Gives credit to others.
  
• Has a "pitch in" attitude.
  
• Learns from successes and setbacks.
  

Respect/Trust

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• Listens and learns from others.
  
• Speaks the truth even when uncomfortable.
  
• Honors the expertise of others.
  

Collaboration

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• Recognizes the contributions of others.
  
• Consults and communicates effectively.
  
• Desires to make others successful.
  

Ownership/Engagement

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• Perseveres through adversity.
  
• Experiments and takes risks.
  
• Plans ahead and is forward-thinking.
  

Leadership Competencies

Achievement Oriented Thinking

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• Focuses on prioritization - what must your team really accomplish and by when.
  
• Achieves goals of strategic plan.
  
• Is clear about decision authority.
  

Change Management

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• Leads and enables change by demonstrating engagement, enthusiasm, advocacy and support for the change which includes being a first adopter.
  
• Participates throughout the lifecycle of the change.
  
• Builds a sponsor coalition to drive change success.
  
• Communicates directly with employees and facilitates open discussions about the change.
  
• Understands and manages resistance to ensure adoption.
  

Emotional Intelligence

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• Manages own emotions productively to stay in role.
  
• Handles emotionally charged situations productively and with empathy.
  
• Asks for and openly accepts feedback; looks for opportunities to grow.
  
• Conducts conversations courageously - hitting difficult issues head-on with an eye on maintaining relationships.
  

Working Conditions

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• General office.
  
• Occasional travel outside Washington D.C. area (5-10 days per quarter).