Enterprise Risk Management Analyst
About The Position
Metropolitan Commercial Bank’s (MCB) Enterprise Risk Management (ERM) department, reporting directly to the Chief Risk Officer, is responsible for oversight and development of a comprehensive framework for identifying, assessing, monitoring, and controlling risks across all business lines and enterprise-wide risks for the bank. ERM consolidates risk information from across the organization and produces enterprise-level risk reports that are reviewed by senior management, the Enterprise Risk Management Committee, and the Board Risk Committee. ERM is responsible for ensuring overall adherence to the bank’s approved risk appetite statement and to ensure that effective risk governance, risk mitigation, and risk responses are executed in alignment with the bank’s strategic objectives and regulatory expectations. The Enterprise Risk Analyst will support the development, implementation, and maintenance of a comprehensive enterprise risk management framework that includes detailed risk reporting, risk and control self-assessments, key risk indicator development and monitoring, various risk assessments, policy governance, other activities and projects designed to strengthen the banks overall risk management and compliance frameworks. This position will be an important ERM team player that reports directly to the Director of Enterprise Risk Management and will be based in New York City. We have a flexible work schedule where employees can work from home one day a week.
Requirements
- Bachelor’s degree, risk management related certifications is a plus.
- 3+ years of experience within Risk Management (i.e., Compliance, Operational, Credit) within the financial services industry.
- Knowledge of bank products, regulatory guidelines, BSA/AML/OFAC, UDAAP and Regulation E and other applicable regulations is a plus for growth in this position.
- Proficiency in Excel, Power BI, Tableau, SQL, and/or other programming languages a plus
- Experience designing and implementing reports for executive and Board leadership.
Nice To Haves
- Possess a strong risk and control mindset.
- Excellent attention to detail, analytical and organizational skills required.
- Strong interpersonal skills and solid written and verbal communications skills.
- A self-starter with ability to prioritize workflow to ensure deadlines are met.
Responsibilities
- Supports governance processes related to MCB’s enterprise risk management framework (e.g., RCSA execution, Issue Management, Key Risk Indicators, Policy Management, New Products, Risk Acceptance).
- Manages and maintains MCB’s Board-approved risk appetite statement, risk management framework, and related policies and procedures.
- Assists in the creation of Board and Management Committee risk reporting materials, leveraging various software tools and programs such as MS Office, Power BI or other visual interface-based tools and products.
- Facilitate operational risk event processes that include root cause analysis, data collection, and detailed reviews to ensure appropriate remediation plans are implemented, and to identify trends or significant or emerging risks.
- Facilitate challenge of business RCSA ratings to ensure appropriate measurement approach and rationale has been employed.
- Develop analytical reports and presentations for senior management, executive committees, and regulatory exams.
- Review and evaluate new business initiatives to identify changes to the overall risk profile of the bank.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
251-500 employees
