Insurance Risk Manager Jobs in Baltimore, MD (NOW HIRING)

The AVP, Enterprise and Operational Risk Management will need to come into our Linthicum, Maryland headquarters 1-2 days per week.
Who we are:
At SECU, we put our employees first, recognizing that their well-being and professional development are vital to our success. By fostering a supportive and empowering work environment, our employees are committed to helping members achieve long-term financial security. They are also inspired to give back to the communities we serve by volunteering and spreading kindness, which reflects our core values and who we are as an organization.
Every employee at SECU contributes to our member's financial well-being, and we'll always do what's right for our members, employees, and communities.
Feel good about what you do. Belong to a place where you matter and can make a difference.
What you will do:
The Assistant Vice President (AVP), Enterprise and Operational Risk Management (EORM) will support the VP, EORM with the daily operation and administration of the SECU enterprise risk management program. This includes responsibilities for key operational risk functions such as Business Continuity, Third-Party Risk Management, and Corporate Insurance. This position, through specialized knowledge and skill, provides support to the organization on all matters relating to EORM policies, procedures, processes, and reporting.
The AVP adheres to regulations and organizational policies, maintaining awareness and knowledge required to perform the duties of the position, including all aspects of the Bank Secrecy Act and related regulations, such as OFAC, and the USA Patriot Act, Fair Lending, and Information Security.
A day in your life might include:
Enterprise Risk Management Program
• Identifies key emerging risks, assesses their potential impact on SECU, and discusses risk mitigation with appropriate business units.
• Ensures that SECU's various planning processes consider the risks of key products, processes, and strategies.
• Develops and maintains organizational EORM playbooks, policies, procedures, process-flows and reference material to ensure all processes are documented, organized, and scaled to current and future state.
• Develops comprehensive risk analytics, reporting, and presentations for all EORM program areas, including risk appetite metrics development.
• Coordinates and facilitates training to all levels of the organization on the EORM program, ensures program documentation is accurate and up to date.
• Supports remediation efforts of audit, exam, compliance, and issues management findings.
Business Continuity Program
• Evaluates and recommends various business continuity strategies, plans, and programs.
• Identifies key emerging risks, assesses their potential impact on SECU, and discusses risk mitigation with appropriate business units.
• Ensures that SECU's various business continuity planning processes consider the risks of key products, processes, and strategies.
• Coordinates and facilitates business continuity meetings and tabletop exercises.
• Presents tabletop exercise and risk assessment results to senior leadership.
• Leads updates to business continuity risk assessments.
• Coordinates and facilitates annual training, program reviews and ensures program documentation is accurate and up to date.
Third-Party Risk Management
• Develop and maintain a comprehensive Third-Party Risk Management (TPRM) framework.
• Ensure third-party compliance with legal, regulatory, and internal policy requirements.
• Establish governance models, policies, and procedures for vendor oversight.
• Provides support to initial and ongoing vendor due diligence reviews, documents collection/retention and risk rating of vendors.
• Implement and monitor controls and testing programs to validate vendor compliance and performance, drive continuous improvement.
• Identify and mitigate third-party risks, establish enhanced oversight for critical and high-risk vendors.
• Lead Third-Party Risk Management Reporting.
Corporate Insurance
• Establish and maintain a framework to manage and evaluate corporate insurance programs.
• Oversee end-to-end insurance claims management, serving a central liaison between insurers, brokers and SECU.
• Lead all aspects of annual corporate insurance renewal cycles.
• Assess emerging risks and coverage needs, monitor and evaluate performance and recommendations to risk transfer strategies.
Additional Responsibilities may include:
• Interact and support CUSO partners and credit union partners
• Serves on various projects and performs other duties as assigned
Education Requirements
• Bachelor's degree required.
• Advanced Degree in Business Administration, Banking, Finance, and/or Law preferred.
Experience and Business Acumen Requirements
• 6-9 years' experience in governance, risk, or compliance roles in a financial institution or regulatory oversight, bank examiner roles within a regulatory agency.
• Experience with risk analytics and reporting platforms preferred, developing and running reports, incorporating them into dashboards and executive-level reporting.
• Must have seasoned experience with Microsoft programs including Word, Excel, Powerpoint, and Outlook.
• Must be experienced in financial institution risk management practices, preferably in a credit union.
• Prioritizes tasks effectively to support team goals and organizational timelines.
• Applies critical thinking to troubleshoot issues and escalate concerns when appropriate.
• Understands the importance of confidentiality, compliance, and ethical behavior in daily responsibilities.
• Takes personal responsibility for decisions, actions, failures and overall deliverable.
• Utilizes oral and written communication to enhance relationships across the organization.
• Clearly communicates information, thoughts and ideas in a clear, concise and organized manner.
• Relates comfortably with people across levels, functions, culture, and geography.
• Possesses a clear understanding of strengths, limitations, emotions, beliefs, and motivations of self and others.
• Maintains composure and effectiveness when experiencing major changes in work tasks or the work environment.
• Adjusts effectively to work within new work structures, processes, requirements, or cultures.
• Maintains professionalism in communication, behavior, and representation of SECU.
• Demonstrates an understanding of SECU's culture, core values, mission and strategic priorities as it relates to one's work and overall performance.
Physical Requirements
• Must be able to remain in a stationary position, often standing or sitting for prolonged periods
• Must be able to lift up to 25 pounds
Compensation Information: Offers will be commensurate with experience and education.
• Salary: Min. $142,000- Max. $200,000
Other Compensation Includes:
• Annual corporate-wide incentive
We provide comprehensive benefits, with a focus on total well-being:
• Medical, vision, dental benefits
• 401k plan with company matching
• Generous sick, vacation and personal leave
• And more...2026 SECU Benefits Guide
SECU is committed to fostering a diverse, equitable, and inclusive workforce where all individuals are valued and respected. We take pride in providing equal opportunities for all qualified applicants regardless of race, ethnicity, national origin, gender, sexual orientation, gender identity or expression, religion, military or veteran status, or any other characteristics protected by law.