CRITICAL COMPETENCIES FOR SUCCESS
Leadership Acumen and Team Orientation – The Senior Vice President and Chief Risk Officer is charged with elevating the overall talent of the financial organization. Financial services organizations require a leader with vision who can embrace the fast-paced opportunities of the digital enterprise and overcome traditional reluctance to change in an industry where risks associated with chasing trends is high. Critical to this aim is effectively attracting, retaining and developing leaders. Through the continual improvement of coaching and performance management processes, staff training and development, and hiring, this individual will foster a culture of accountability and results. With this in mind, the company requires a hands-on, team-oriented executive who has broad-based credibility, and is capable of consistently motivating people to act and perform beyond the expected. This individual will be a strong leader who possesses a comfortable coaching style and uses it strategically to improve team performance.
Critical Thinking – This individual must be intellectually sharp and clearly capable of thinking on his/her feet while demonstrating outstanding business judgment. The Senior Vice President and Chief Risk Officer will possess the analytical skills to drive costs from the business, improve overall productivity and elevate the company’s technology advances as points of differentiation in the marketplace. The successful candidate will have a track record of effectively using powerful frameworks and approaches for diagnosing and anticipating competitive threats and acting on the strategic concerns of the organization.
Results-Oriented – The Senior Vice President and Chief Risk Officer is performance-driven and able to design and provide measurable results. The successful candidate will focus on high leveraged goals and harnessing the energy of leaders at all levels in order to achieve objectives. He/she will be comfortable in working in a lean organization and rolling up his/her sleeves to build and develop the structure and systems to enable the execution of the growth strategy.
Systems Thinking/Innovative Technologist – This leader must be able to work within industry boundaries while leveraging digital technologies to gain competitive differentiation. Expressed in the development of new business models that combine digital services with physical products which create higher speed of access and accuracy in hitting the members’ needs.
Abundance and Conceptual Thinking – The Senior Vice President and Chief Risk Officer is capable of opening up the world of possibilities to TDECU to limitless new ideas and opportunities for attracting and retaining members through digital offerings and solutions. This individual will be responsible for conceiving and selecting innovative strategies and ideas for streamlining new products and services to members. The successful leader will accomplish this by seeking answers via leveraging the collective intelligence of TDECU and external experts who have transformed their organizations to digital.
Change Agent – Addressing the digital agenda is no longer just a novel differentiator to gain a slight competitive edge, it is a priority to survive. To drive progress on the digital agenda, the successful Senior Vice President and Chief Risk Officer removes internal barriers, such as corporate structures that are structured to support legacy business models and technology adoption approaches that are reactive by design. This individual must understand digital transformation is technology-enabled and any level of transformation – whether business model, process, product or service-related – is often underpinned by powerful combinations of emerging and disruptive technologies that redefine the art of the possible, and the VP, CRO effectively influences the changes necessary to adopt appropriate and necessary digital transformation.
Creative Disruptor – The Senior Vice President and Chief Risk Officer possesses the ability to work directly with the CEO on business-driven approaches to supporting the continuous development of new digital technologies and solutions. He/she will do this by reviewing and analyzing digital products and services to identify and prioritize resource allocation and investments.
Universalist – This leader must be able to report laterally with a forceful mandate from the CEO that is expressed in guiding the development of strategy, overseeing digital marketing, implementing digital technologies, and ensuring all employees are digitizing the ways in which associates do their work.