Vice President Risk & Compliance

Risk Management & Compliance:

• Develop and implement risk management strategies and programs to identify, assess, mitigate, and monitor potential risks across the cooperative and subsidiary.
• Create, review, and update policies and procedures to ensure compliance with relevant laws, regulations, and industry best practices.
• Conduct regular internal audits to verify compliance with established policies and procedures and monitor key risk indicators.
• Develop and deliver training programs to educate employees on compliance requirements, risk management best practices, and ethical conduct.
• Prepare and present risk and compliance reports to senior management, Board of Directors, and other stakeholders and communicate potential issues and mitigation strategies.
• Investigate and manage incidents of non-compliance or potential risks and develop corrective action plans.
• Serve as a point of contact for regulatory bodies, internal departments, and other stakeholders on matters related to compliance and risk management.
• Keep abreast of changes in relevant laws, regulations, and industry standards to ensure ongoing compliance and effective risk management.
  • Create and implement plans to address identified risks, including developing controls, procedures, and contingency plans.
  • Promote and uphold the ethical integrity of the cooperative and subsidiary by ensuring that business activities are conducted in a responsible and compliant manner.

 Internal Audit:

• Develop and execute a comprehensive, risk-based internal audit plan to assess the effectiveness of internal controls.
• Conduct independent assessments of all business areas of the cooperative and subsidiary and identify areas for improvement.
• Prepare and present audit reports to senior management and the board of directors, highlighting areas of concern and recommending improvements.
• Track the implementation of audit recommendations and ensure that corrective actions are taken.
• Provide guidance to management on risk management and control practices.
• Coordinate with external auditors to ensure effective and efficient audits.

Records Management:

• Lead the strategic and operational management of the Records Management Program.
• Oversee the development and implementation of policies and procedures for records retention, vital records, file management, and electronic document management systems.
• Ensure compliance with regulatory requirements related to records management.

Leadership:

• Actively participates with the Senior Leadership Team to develop, refine, and implement the strategic plan, while promoting strong, Cooperative-wide collaboration and requiring the same of all management within the division.
• Represent the company in civic and professional associations, acting as an ambassador to culture strong community relationships and partnerships.
• Develop and maintain relationships with federal, state, and local officials, fostering open communication and supporting positions held by the Cooperative.
• Uphold confidentiality and act with integrity in all aspects of leadership.
• Perform additional duties and projects assigned by the Chief Financial Officer
• Receive directions from and report to the Cooperatives Audit Committee of the Board of Directors.