Enterprise Risk Analyst II

First Western • Quinte West, ON

3d • $63,500 - $95,500 • Onsite

About The Position

The Enterprise Risk Analyst II supports the execution of First Western’s enterprise risk management program by identifying, assessing, and monitoring risks across the organization. The role evaluates processes and controls, documents risk issues, and tracks remediation activities in alignment with the bank’s risk framework and regulatory expectations. The role contributes to risk reporting and governance by preparing accurate, timely inputs for management, committee, and regulatory stakeholders. Through effective collaboration with business and control functions, the role promotes consistent risk management practices and clear risk ownership across the enterprise.

Requirements

• Bachelor’s degree in Business, Finance, Risk, or related field (required).
• 3–5 years of experience in risk, compliance, audit, or operations within financial services (required).
• Working knowledge of enterprise risk frameworks and governance models.
• Experience performing risk assessments and evaluating control effectiveness.
• Familiarity with third-party risk and issue management processes.
• Strong analytical, problem-solving, and organizational skills.
• Advanced Microsoft Office suite.
• Ability to communicate risk concepts clearly to diverse stakeholders.

Responsibilities

• Perform risk management activities across key enterprise risk domains (e.g.,) third-party risk management) by conducting risk assessments, due diligence reviews, identification of control gaps, and ongoing risk monitoring.
• Execute enterprise and operational risk assessments by identifying risks, evaluating control effectiveness, and determining inherent and residual risk in alignment with the bank’s risk framework.
• Perform specialized risk assessment activities, including those related to models or other higher-risk processes, by maintaining inventories, assessing risk and control adequacy, supporting independent review efforts, and tracking findings through remediation.
• Assess emerging and evolving risk exposures by analyzing changes in business activities, technology, vendors, and the external environment and recommending updates to risk assessments.
• Manage risk issues and remediation efforts by drafting issue statements, performing root cause analysis, developing action plans, and validating closure evidence.
• Prepare risk reporting and governance materials, including dashboards and reporting for management and committees, and support regulatory and audit information requests related to enterprise risk activities.
• Collaborate with business and control functions to understand processes and controls, apply consistent risk management practices, and reinforce clear risk ownership.

Benefits

• Competitive base salary: $63,500 - $95,500/YR, plus strong bonus potential.
• 401(k) plan with employer match.
• Paid parking and transportation benefits.
• Comprehensive health and wellness benefits, including: Health savings accounts (HSA), Flexible spending accounts (FSA), Medical, dental, and vision coverage
• Generous paid time off and bank holidays.
• Access to training and professional development programs.
• Sponsorship and support for obtaining professional certifications.
• A culture of collaboration, continuous improvement, and shared success.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level