Director, Enterprise Risk Management

Job Description

How will this role impact First Command?

The Director of Enterprise Risk Management (ERM) is a senior leadership role responsible for overseeing First Command's ERM risk management function. Reporting directly to the Senior Vice President, Chief Risk Officer (CRO), this position plays a critical role in establishing strategy, governance, and enterprise-wide integration of risk management best practices. The ERM team also serves as the primary champion of risk management at strategic levels and will be responsible for building a risk-aware culture that improves decision-making, enhances resilience and the ability to respond to uncertainty, strengthens governance and stakeholder confidence and optimizes operational efficiency.

What will the employee do in this role?

• Develop, implement, and maintain the ERM framework, policies, and procedures.
• Identify, assess, and monitor enterprise risks, including strategic, operational, financial, and regulatory risks.
• Collaborate with business units to align risk management strategies with business objectives and risk appetite.
• Provide risk management advice and training to business units to promote a risk-aware culture.
• Prepare and deliver regular reports to the CRO and senior leadership on compliance and operational risk matters.
• Monitor and report on the effectiveness of risk management activities and make recommendations for improvement.
• Ensure compliance with regulatory requirements related to risk management.
• Lead risk assessment and scenario analysis exercises.
• Assist the CRO with external stakeholders, including regulators and auditors, on risk management matters.
• Serve as a key advisor to the CRO on trend spotting, emerging enterprise risks, regulatory changes, and mitigation strategies.
• Support the CRO in maintaining a strong risk governance structure, including representing risk management on various committees and working groups.
• Support the CRO with the development and delivery of training programs to promote a strong risk and compliance culture across the organization to ensure employees understand their role in managing compliance and operational risk.
• Provide subject matter expertise during product development, process changes, and strategic initiatives.
• Lead, mentor, and develop a high-performing team of enterprise risk professionals by setting clear objectives, providing continuous feedback, supporting professional growth, and fostering collaboration across risk and control functions.

Who will this employee lead?

• Supervise all job activities of the ERM Analytics Lead

What skills and qualifications does this employee need?

Education

• Bachelor's degree in finance, Economics, Business Administration, or related field required.
• Master's degree preferred.

Work Experience

• 7+ years or more of experience in enterprise risk, compliance risk, operational risk, or a related quantitative discipline within financial services required.

Certifications

• Professional certifications in Risk Management are preferred.

Required Knowledge, Skills And Abilities

• Extensive knowledge of risk management principles and practices, and regulatory requirements.
• Strong analytical, decision-making, and communication skills, with the ability to translate complex risk concepts into actionable insights.
• Highly effective in building relationships with senior business leaders and in leading a team in a collaborative and value-added approach.
• Deep understanding of financial markets, regulatory frameworks, and enterprise risk management methodologies.
• Must be a self-starter capable of using sound logic and analytical abilities to accurately complete all required job functions.
• Must have effective project management skills.
• High level of integrity and professional ethics.
• Must use sound judgment in handling confidential and/or sensitive information.
• Extensive knowledge of Microsoft Office365, risk management software and other related IT systems.

• LI-NC1
• LI-Hybrid