Enterprise Risk Analyst

F&M Bank•Archbold, OH

22h

About The Position

The Enterprise Risk Analyst supports F&M Bank’s enterprise risk management (ERM) function by identifying and monitoring risk through risk modeling, assessments, and analysis. The role assists the Chief Operating Officer (COO) with administering the ERM program and analyzing models, dashboards, stress tests, and reports to develop actionable reporting and succinct recommendations for the Board and Senior Management Team. The analyst also helps identify process improvement opportunities within the Risk function. The position supports risk assessment and reporting processes, regulatory change management, and development and maintenance of the organization’s model risk management program. It monitors internal and external risk factors, including economic, market, and regulatory risks, to help protect the organization’s assets. The role also provides committee support and assists the VP, Risk Manager with other risk-related projects and tasks as needed. The role includes responsibilities for following Bank policies, procedures, and applicable federal and state regulatory requirements. Compliance duties include requirements related to the Bank Secrecy Act (BSA), Currency Transaction Reports (CTR) when applicable, Anti-Money Laundering Act (AML), Office of Foreign Assets Control (OFAC), the USA PATRIOT Act, customer identification and due diligence, and reporting suspicious activities to the BSA Department.

Requirements

Associate degree in a related field required.
Bachelor’s degree in a related field preferred.
1–3 years of relevant experience preferred.
Experience in the banking industry and working knowledge of enterprise risk management concepts in banking preferred.

Nice To Haves

Bachelor’s degree in a related field.
1–3 years of relevant experience.
Banking industry experience and working knowledge of enterprise risk management concepts in banking.

Responsibilities

Perform periodic updates to ERM program risk assessments in coordination with applicable business line managers.
Assist the COO and business line managers in creating risk assessments, risk dashboards, and stress tests.
Develop and maintain procedures for risk assessments, risk dashboards, and stress tests.
Prepare monthly and quarterly ERM reporting and analysis for the Board, Senior Team, and Risk Committee meetings.
Assist the COO with regulatory change management.
Assist in developing and maintaining the organization’s model risk management program.
Help the COO monitor internal and external risk factors, including economic, market, and regulatory risks, to maintain protection of the organization’s assets.
Take minutes for Risk Committee and ERM Committee meetings.
Maintain request lists and examination portals for regulatory examinations.
Assist the VP, Risk Manager with other risk-related projects and tasks as necessary.
Follow Bank policies, related procedures, and applicable regulatory requirements, including BSA, AML, OFAC, USA PATRIOT Act, customer identification and due diligence, and suspicious activity reporting requirements.