Michael H. Email & Phone Number

Des Moines, Iowa, United States

• Develops processes for the identification, assessment, prioritization and monitoring of risk exposures and top enterprise risks (TERs) focused on a top-down approach• Leads efforts to develop and mature the company's ERM program and practices for acknowledging and managing risks and identifying issues that could materially impact the organization's ability to achieve its financial, strategic and operational objectives• Monitors the risk and control environment and makes recommendations to stakeholders to ensure exposures are kept at acceptable levels and assists in oversight of risks facing the company and assists risk senior leaders and risk owners in the establishment, creation, and maintenance of appropriate individual risk appetite and risk tolerance statements for each TER• Oversees the issue management program, which includes the issue management framework and processes to identify and ensure the owners of identified issues manage their issues and associated action plans to resolution• Makes recommendations on the company's management and monitoring of risks and issues to strengthen the second line of defense and participates in and supports risk assessment and mitigation on strategic projects/objectives• Assesses various key business risks and ensures their representation and inclusion in ERM processes through collaboration with senior leaders, heads of departments across the enterprise and other team members• Promotes and advances innovative ideas to expand and strengthen the ERM program and provides guidance on potential change initiatives• Develops and provides training and functional support across departments on risk and issue management methodology to instill a risk-based approach for decision making and issue resolution• Partners with Internal Audit to ensure that risk and control processes operate as intended• Develops and/or updates risk management and related program documents, policies, and procedures

Greater Houston

* Spearheaded the development of a comprehensive risk questionnaire and assessment framework, overcoming challenges in identifying material risks and establishing financial benchmarks. Implemented probability cutoffs to ensure a unified understanding of risk likelihood.* Collaborated with key stakeholders to gather input and perspectives, fostering a holistic approach to risk management. Successfully facilitated communication channels and contributed to a common understanding of organizational risk exposures.* Utilized a strategic renewal process for the company's annual protection package by engaging key stakeholders, collaborating with brokers to explore external options, and working with TPAs to optimize internal factors. Resulted in a 7% reduction in premiums, reallocating funds to critical coverages and generating a six-figure impact on the bottom line.

Greater Houston

• Orchestrated the creation of the organization's inaugural Risk Appetite Statement, defining acceptable risk levels for eight domains against risk exposure, thresholds, and limits.• Ensured compliance with regulatory guidelines (NCUA, TCUD, BSA/OFAC) through close collaboration with Compliance and Legal departments.• Mentored staff in crafting Key Risk Indicators, translating abstract concepts into quantifiable observations.• Cultivated partnerships across departments, securing buy-in for the Risk & Compliance Council, driving comprehensive risk reporting to the Enterprise Risk Committee.• Provided expert insights during Board of Directors' Supervisory Committee meetings, presenting risk reports and mitigation strategies.• Achieved 18% premium savings through skillful negotiation of enhanced insurance coverage during challenging market conditions.• Collaborated with Audit to develop annual Audit Plan targeting high-risk areas to proactively address external audits.

Greater Houston

• Pioneered the ERM program, enhancing Governance and earning NCUA recognition with a top rating for the Management component of the CAMELS rating.• Strengthened cybersecurity readiness by procuring and expanding Cyber Policies and coordinating training for Information Security team.• Revamped Vendor Management, yielding a 17% annual cost reduction.• Introduced Plastic Card Reporting system, recovering $537k to the organization's bottom line.• Fostered a risk-conscious culture through employee training initiatives.• Elevated cybersecurity posture through Cyber Security Assessment Tool implementation and collaboration with IT teams.• Implemented Flood Risk Assessment, identifying and addressing insurance gaps.• Developed risk questionnaires and assessments, systematizing Risk Management's second-line functions.

Greater Houston

• Optimized Business Continuity preparedness standards, generating $103k in annual savings by transitioning to a Hybrid Generator Deployment Strategy.• Conducted risk assessments and control evaluations, reducing errors.• Created a robust Disaster Preparedness plan, minimizing downtime during Hurricane Harvey and enhancing member satisfaction.• Facilitated successful regulatory reviews and audits through collaboration with external examiners.• Played a pivotal role in credit risk policy and underwriting guideline development.• Recovered $372k through effective management of a large Fidelity Bond claim.• Implemented a comprehensive ‘Slip and Fall' procedure, reducing legal claims and insurance premiums.

Greater Houston

Various roles held, including special projects (credit analysis, bankruptcy correlations, demographic studies), Information Technology Systems Analyst, Consumer banking representative, Indirect or Wholesale Lending Credit Analysis, Assistant Vice President of Dealer Lending Services

Master Of Business Administration - Mba, Business Administration And Management, General

Activities and Societies: Beta Gamma Sigma, National Society of Leadership & Success

Bachelor Of Business Administration - Bba, Business Administration And Management, General