VP of Risk

Role:
By emphasizing ONE Park, ONE Mission, ONE Team, the Vice President (VP) of Risk provides strategic
leadership and oversight for Park Community's enterprise risk framework, compliance program, and fraud
investigations. This role is responsible for protecting the credit union by ensuring adherence to laws and
regulations, minimizing fraud and operational risks, and promoting a strong culture of risk awareness across the organization. The VP of Risk leads the Compliance Department and Fraud Investigations teams, while also administering the enterprise risk management and vendor management programs. Through proactive oversight, collaboration, and accountability, this leader ensures Park Community maintains resilience, integrity, and sound governance while supporting its mission of building thriving communities.

Essential Functions & Responsibilities:

Develop and maintain the Enterprise Risk Management (ERM) program to ensure risks are appropriately identified, monitored, and mitigated across the organization. Establish reporting protocols, present risk assessments to executive leadership and the Board, and ensure risk appetite frameworks are followed. Provide oversight of the vendor management program, ensuring third-party providers are evaluated, monitored, and aligned with the credit union's risk standards.
Oversee all aspects of the credit union's compliance program, ensuring policies, procedures, products, and services adhere to federal and state regulations. This includes oversight of regulatory monitoring, reporting, and training, and serving as a subject matter expert on consumer finance laws, BSA/AML requirements, and emerging regulatory updates. Ensure all new products, services, and marketing initiatives are reviewed for compliance and aligned with best practices. Oversee the Quality Assurance (QA) function, ensuring QA findings are consistently reviewed, validated, and integrated into compliance and risk management strategies. Leverage QA outcomes to identify gaps, strengthen controls, and support a culture of accuracy and accountability across all business lines.
Direct the Fraud Investigations function to prevent, detect, and resolve fraudulent activity across all credit union channels, including digital banking, payments, lending, and deposits. Provide oversight of fraud detection systems, coordination of investigations, and implementation of fraud prevention strategies. Ensure appropriate escalation, reporting, and resolution of cases, while maintaining compliance with BSA/AML and OFAC requirements. This includes serving as an active member of fraud and SAR committees.
Serve as a trusted advisor to the Executive Team and Board by providing strategic insights on emerging risks, regulatory changes, and fraud trends. Collaborate with other departments to integrate risk management into decision-making, supporting business continuity planning, and ensuring alignment with the credit union's strategic goals. Contribute to industry and regulatory forums to stay ahead of evolving risks and best practices.
Oversee, develop, and mentor staff in the Compliance and Fraud Investigations areas. This includes hiring, coaching, performance management, and succession planning. Ensure team members are equipped with the resources, training, and leadership needed to succeed, while fostering a culture of accountability, collaboration, and professional growth.
Work directly with internal and/or external auditors, examiners, etc. ensuring support for audit efforts and needs; ensure timely action regarding findings or suggestions for this department or supporting resolutions for other areas of the organization as well.
Performs other duties as assigned.

Performance Measurements:
1. To be an ambassador of Park's culture supporting the credit union's mission to build thriving communities together ensuring words and actions align with the Park VIBE that defines our Core Values: • Vibrant Connections • Inclusive Excellence • Bold Compassion • Endless Empowerment
2. To provide friendly, professional and accurate service and support to all members and coworkers.
3. Ensure the credit union remains compliant with all applicable laws, regulations, and policies.
4. Maintain an effective enterprise risk framework with clear monitoring, reporting, and accountability; ensure vendor management program is monitored and remains current.
5. Reduce fraud losses through proactive prevention, detection, and investigation strategies.
6. Oversee compliance and QA functions to ensure findings are timely, accurate, and integrated into enterprise risk and control frameworks.
7. Deliver timely and accurate reports to executive leadership, regulators, and the Board.
8. To follow the credit union's Bank Secrecy Act and anti-money laundering policies and procedures, including running OFAC searches, completing investigative reports of suspicious activity and currency transaction reports timely and without error.
9. To maintain a professional work environment, promote teamwork, build respect among coworkers and present a businesslike appearance.
10. To follow all security policies and procedures and report discrepancies or suspicious activity to manager immediately.

Knowledge and Skills:
Experience Eight to ten years of progressive experience in compliance, risk management, fraud, or related fields within financial services, with at least five years in a senior leadership role.
Education Bachelor's degree required; advanced degree in Business, Finance, or related field preferred. Professional certifications (e.g., CRCM, CAMS, CFE, or equivalent) strongly preferred.
Interpersonal Skills Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills Strong knowledge of regulatory compliance, enterprise risk frameworks, and fraud prevention practices. Proven ability to lead risk and compliance teams in a financial institution. Excellent analytical, investigative, and problem-solving skills.
Strong vendor management, negotiation, and oversight capabilities. Ability to communicate complex risk concepts clearly to executives, regulators, and staff. Demonstrated ability to lead organizational change and promote a culture of accountability and risk awareness. Physical Requirements WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this position. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. While performing the essential duties of this position, the employee is regularly exposed to a general office environment and interaction with customers. PHYSICAL DEMANDS The physical demands described here are representative of those required to successfully perform the essential functions of this position, but do not necessarily constitute an exhaustive list of all essential functions. To the extent required by any applicable law, reasonable accommodations will be made to enable qualified individuals with disabilities to perform essential functions where this can be done without posing a direct threat to self or others. While performing the essential duties of this position, the employee frequently must sit, stand, and walk short distances. The employee frequently uses hands and fingers to count currency and handle, manipulate, and feel objects, documents, and office tools and equipment. Reads, writes, listens, speaks, and uses personal computers, copiers, telephones, and other office equipment and software throughout the workday. The employee is occasionally required to stoop, bend, squat, and reach overhead with hands and arms. Occasionally pushing and pulling of office furniture and other objects. The employee may occasionally lift and/or move up to 15 pounds and on occasion lift and/or move up to 25 pounds.

Park Community Credit Union is an Equal Opportunity Employer/ Veterans/ Disabled

Compensation details: 176063-186954

PI2f8a9925d9b8-25404-39065131

Park Community Credit Union

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VP of Risk