ERM Analyst

Fifth Third Bank • Cincinnati, OH

6d • Onsite

About The Position

This position provides direct support to the Director, Risk Governance & Reporting in the execution of tactical components of the Reputation Risk Management Policy and Enterprise Risk Management Framework. As the second line of defense, reputation risk provides support related to identifying, assessing, mitigating, and managing reputational risks for the enterprise. This position will work across lines of business to ensure transparency and understanding of reputational risk considerations while evaluating the industry, market, and regulatory environment to anticipate changes and help ensure appropriate alignment with potential business scenarios and product offerings. Collaboratively consults with corporate communications, marketing, investor relations, customer experience and risk leaders to support strategic business needs while improving the operational effectiveness and efficiency of processes and programs. Contribute to the reputation risk management strategy and program, ensuring the Bank can anticipate and actively address potentially damaging reputation risk situations. Identify and flag potential and known risk issues arising from enterprise programs such as the Business Change Risk Assessment (BCRA) process and Third Party Due Diligence. Investigate further those that could be indicative of a risk issue and help determine what controls should be implemented. Manage the development and maintenance of robust qualitative and quantitative measures that identify reputational risks. Provide support to Director, Risk Governance & Reporting in the production of quarterly risk assessment and supporting assessments. Includes assessment of inherent risk, control effectiveness, key risk indicators (KRI's), and specific risks and opportunities that should be addressed.

Requirements

• Bachelor’s degree in business, economics, public policy, or a related field.
• 3 years of related risk management experience
• Exceptional ability to review, analyze, gain insights, and present conclusions from complex qualitative and quantitative datasets.
• Superb written and oral communication skills; ability to present information succinctly and visually in PowerPoint.
• Self-motivation and self-starter skills, proactive, and able to work independently with limited supervision.
• Strong interpersonal skills and ability to work across departments to achieve mutually beneficial results.
• Exceptional analytical and research skills, with the ability to gather information quickly and to synthesize into actionable information
• Ability to deliver results in a highly matrixed and changing environment.
• Ability to work in a dynamic work environment that requires multiple demands, shifting priorities, and rapid change.
• Must be able to maintain independence and objectivity in all aspects of position.

Responsibilities

• Provide direct support to the Director, Risk Governance & Reporting in the execution of tactical components of the Reputation Risk Management Policy and Enterprise Risk Management Framework.
• Identify, assess, mitigate, and manage reputational risks for the enterprise.
• Work across lines of business to ensure transparency and understanding of reputational risk considerations.
• Evaluate the industry, market, and regulatory environment to anticipate changes and help ensure appropriate alignment with potential business scenarios and product offerings.
• Collaboratively consult with corporate communications, marketing, investor relations, customer experience and risk leaders to support strategic business needs while improving the operational effectiveness and efficiency of processes and programs.
• Contribute to the reputation risk management strategy and program.
• Identify and flag potential and known risk issues arising from enterprise programs such as the Business Change Risk Assessment (BCRA) process and Third Party Due Diligence.
• Investigate potential risk issues and help determine appropriate controls.
• Manage the development and maintenance of robust qualitative and quantitative measures that identify reputational risks.
• Provide support in the production of quarterly risk assessment and supporting assessments, including assessment of inherent risk, control effectiveness, key risk indicators (KRIs), and specific risks and opportunities.

Benefits

• Comprehensive benefits
• Differentiated compensation offerings
• Eligible to participate in an incentive compensation plan
• Extensive benefits programs designed to support the individual needs of employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

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