First Line Risk Analyst - Deposits

Associated Bank•Green Bay, WI

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, this role helps maintain a strong control environment by partnering with business leaders, compliance partners, and audit teams to ensure risks are identified, documented, and managed effectively. The role offers an opportunity to contribute to the strength and effectiveness of the organization's risk and control environment, work with cross-functional partners, gain exposure to regulatory and operational risk activities, and support initiatives that help protect the business and its customers.

Requirements

Bachelor's degree or equivalent combination of education and experience in Risk Management, Business, Finance, Data Analytics, or a related field.
3+ years of experience in Financial Services, Operations, Compliance, Audit, Risk Support, or a related functional industry.
Up to 2 years of 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.
Comply with applicable enterprise policies, procedures, laws, and regulations, including Bank Secrecy Act requirements.
Report suspicious activity to Financial Intelligence, customer complaints and procedure violations to management or HR, and ethical concerns through the Ethics Hotline as appropriate.