First Line Risk Analyst - Deposits

Associated Bank • Minneapolis, MN

5d • $56,700 - $97,200 • Onsite

About The Position

The First Line Risk Analyst-Deposits plays a key role in identifying, assessing, monitoring, and reporting risks within deposit operations. As part of the First Line of Defense, you will help maintain a strong control environment by partnering with business leaders, compliance partners, and audit teams to ensure risks are identified, documented, and effectively managed.

Requirements

• Bachelor's Degree or equivalent combination of education and experience in Risk Management, Business, Finance, Data Analytics or a related field.
• 3+ years experience in Financial Services, Operations, Compliance, Audit or Risk Support or related functional industry experience.
• Up to 2 years knowledge of banking industry products and some knowledge of regulatory requirements.

Responsibilities

• Execute risk assessments and control testing across deposit processes to support regulatory compliance and effective risk management.
• Monitor deposit account activity and identify, analyze, and escalate unusual activity or potential risk events.
• Maintain accurate risk documentation, including risk and control assessments, issue logs, control inventories, and remediation records.
• Support the identification, tracking, and resolution of risk issues by gathering evidence and documenting corrective actions.
• Analyze key risk indicators, audit findings, complaints, and other risk metrics to identify emerging trends and concerns.
• Assist with risk assessments for new deposit products, services, process enhancements, and system changes.
• Prepare and support reporting, dashboards, and governance materials through accurate data collection and validation.
• Collaborate with business, compliance, risk management, and audit partners to support coordinated risk and control activities.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

What This Job Offers

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