Enterprise Risk Program Administrator

Job DetailsJob Location: Remote Work - MST - Rapid City, SD 57702Job Category: BankingWho We Are

We have the fundamental belief that we, as an organization, can and will improve lives. Rooted in the centuries-old credit union philosophy of people helping people, we maintain a simple premise. Those we interact with will receive equal and just treatment, devoid of intolerance, false judgment, racism, or discrimination of any kind. We must not accept less if we are to fulfill our mission, "We Improve Lives." This mission empowers us to serve the greater good and to make a difference in our world. Our cooperative structure creates a cycle of mutual assistance towards the common goal of the financial well-being of members.

At Black Hills Federal Credit Union (BHFCU), we’re committed to improving the lives of our members every day, and we look for people who share that passion. Don’t have a ton of financial industry experience? No problem. Our onboarding includes an orientation program with ongoing training to help staff further their career at BHFCU by building on their existing strengths.

General Purpose: The Enterprise Risk Program Administrator supports the credit union’s enterprise-wide risk management efforts by coordinating activities related to risk assessment, compliance, fraud prevention, business continuity, operational resilience, information security, and vendor oversight. The role ensures BHFCU maintains a strong risk posture, meets regulatory expectations, and strengthens organizational resilience through effective collaboration and program management.

Essential Duties & Responsibilities:

Risk Assessment & Monitoring

Conduct enterprise-wide risk assessments and maintain the risk register.

Monitor internal and external risk trends and identify emerging risks.

Perform gap reviews and analyze data from across the organization to identify potential risk exposures.

Prepare and deliver executive-level risk reporting, dashboards, and key risk indicator (KRI) updates.

Support the identification, assessment, and reporting of all major organizational risk categories-including compliance/legal, emerging, interest rate, credit, liquidity, information, member/market, operational, physical/environmental, reputational, staffing/talent, strategic, technology, vendor/third-party, fraud, and existential risks-in a consolidated, enterprise-wide manner.

Policy, Compliance & Governance Support

Draft, update, and maintain risk-related policies and procedures.

Support compliance reviews, regulatory assessments, and audit preparation.

Assist in remediation tracking and ensure documentation consistency across functions.

Contribute to defining risk appetite, tolerance, and alignment with strategic objectives.

Operational & Business Continuity Preparedness

Oversee business continuity and disaster recovery planning, testing, and documentation.

Facilitate incident response coordination and post-incident review activities.

Assist in scenario analysis, stress testing, and resilience planning across departments.

Information Security & Fraud Coordination

Support monitoring of security events, threats, and vulnerabilities in partnership with Information Security.

Participate in incident response activities and tabletop exercises.

Facilitate cross-departmental coordination on fraud risk prevention and reporting.

Cross-Functional Collaboration & Program Support

Serve as a central liaison across departments to ensure consistent risk practices.

Support the ongoing maturity and development of the Enterprise Risk Management (ERM) program.

Manage administrative and project-related tasks required to maintain an effective risk framework.

Other Duties/Responsibilities:

Establish and maintain the Enterprise Risk Management (ERM) program.

Develop and implement key risk indicators (KRIs) for each risk category.

Monitor adherence to KRIs relative to established risk appetite and tolerance.

Job Knowledge & Skills

Strong understanding of risk management, compliance, fraud prevention, and regulatory frameworks.

Excellent analytical, organizational, and communication skills.

Experience in policy writing, risk assessment, and incident response.

Ability to collaborate across departments and present complex information clearly.

Thorough understanding of the third-party risk oversight processes (i.e., risk assessments, due diligence, ongoing monitoring, etc.) and the ability to develop program maturity enhancements.

Qualifications (Education/Experience)

Bachelor’s degree preferred (not required) in Business, Finance, Risk Management, or related field (or equivalent experience).

3-5 years of experience in risk management, compliance, fraud, project management or related functions.

Professional certifications in and related to Enterprise Risk Management (e.g., CRISC, CFE, CISM, CAMS) preferred.

Proficiency in Microsoft Office and risk management software.

Work Environment/Physical Activities

Occasional travel to one of BHFCU’s branch