Vice President, Enterprise Risk

Community Savings Credit Union | Full time

"We exist to unite working people to build a just world"

Community Savings Credit Union is a member-owned financial cooperative with a long-standing commitment to people, communities, and positive social impact. For over 80 years, we've helped members achieve financial well-being while supporting initiatives that create stronger, more inclusive communities. Our team is united by a shared belief that business can be a force for good, and we are passionate about putting our Social Purpose into action every day.

Different perspectives, experiences, and backgrounds make us stronger. We welcome applications from people of all backgrounds and are committed to ensuring every candidate is treated fairly and respectfully throughout the recruitment process.

Community Savings Credit Union acknowledges the Indigenous Peoples on whose traditional territories we live and work.

The Vice President, Enterprise Risk provides leadership and oversight for the Credit Union's Enterprise Risk Management (ERM) framework, supporting theachievement of organizational objectives by ensuring risks are appropriately identified, assessed, monitored, managed and reported. The role provides independent second-line oversight across material risk categories, promotes apractical and accountable risk culture, leads the Anti-Money Laundering (AML) function, oversees adequate QRM of any high-risk business activities;

oversees corporate insurance policies and provides the Board and Executive Leadership Team with clear insight into the Credit Union's overall risk profile.

Thisrole directly manages or performs the function of Chief Anti Money Laundering Compliance Officer and Privacy Officer;
The role supports strategic and operational decision-making by providing risk advice, credible challenges and practical recommendations. The Vice President monitors emerging risks and regulatory developments, supports enterprise stress testing and resilience planning, and helps ensure that risk appetite considerations are reflected in business planning, key initiatives and governance reporting. The role is accountable for ERM, AML, regulatory risk oversight, Board reporting and risk culture, while contributing to strategic planning and emerging risk monitoring in a scaled, practical manner.

• Lead the maintenance and continuous improvement of the ERMframework, including risk taxonomy, risk assessment methodology, risk appetite alignment, escalation protocols, reporting standards and governance practices.
• Oversee enterprise-level risk identification, assessment,monitoring and mitigation activities, ensuring risk information is clear,timely and useful for management and Board decision-making.
• Provide independent review and constructive challenge on material initiatives, operational changes, new products or services, process changes and significant third-party arrangements.
• Coordinate enterprise risk reporting for the Board, Board Committees and Executive Leadership Team, including material risk exposures,key risk indicators, risk appetite performance, emerging issues and mitigation progress.
• Ensure risk policies, standards and procedures are current,practical, appropriately approved and understood by risk owners across the organization.
• Act as a liaison for Credit Union regarding processes and procedures for branches and organizational controls, compliance and privacy

• Provide objective second-line oversight while respecting first-line ownership of day-to-day risk management.
• Partner with business leaders to build practical controls, clarify accountability and support informed risk-based decision-making.
• Monitor the effectiveness of risk management practices across key functions and elevate concerns, gaps or trends as appropriate.
• Advise on operational, compliance, technology, cyber, outsourcing,fraud prevention, business continuity, data governance and member-impact risks.
• Promote consistent risk assessment and issue management practices,including root-cause analysis and sustainable remediation planning.

• Lead the AML function and ensure the program has appropriate governance, monitoring, training, reporting, investigation, escalation andrecord-keeping practices.
• Oversee financial crime risk considerations, including suspicious activity escalation, sanctions-related considerations, fraud risk trends andhigher-risk member or transaction typologies.
• Ensure AML-related roles, responsibilities and oversight mechanisms are clearly understood by accountable leaders and operational teams.
• Provide timely reporting to Executive and Board-level stakeholders on AML risk, program effectiveness, issues, trends and remediation activity.
• Support readiness for independent reviews, audits, examination sand regulatory inquiries related to AML and financial crime risk.

• Maintain the Enterprise…