Operational Risk Analyst

Pennsylvania State Employees Credit Union•Harrisburg, PA

1d•Hybrid

About The Position

Members Achieve More isn't just a tagline for us, it's part of everything we do! We're looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that's remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on... The Operational Risk Analyst position will be responsible for supporting the development and operation of PSECU’s Enterprise Risk Management (ERM) program as directed by the Director of Risk. Responsibilities include ORM development, risk assessment; managing ORM processes; identifying and developing enterprise-wide risk analytics and reports; implementing ORM-related policies and procedures and facilitating the implementation and integration of risk management principles at all levels of the company. Supports the business units in re-assessing their risks, and reviews / updates business unit risk / control self-assessments and documentation required for ORM. Provides leadership, coaching, and/or mentoring to a subordinate group. May act as a lead or first-level supervisor. Schedule: Monday - Friday, 8:00am -4:00pm. This position will be a hybrid model both in person and remote with minimum of onsite expectation of 40% or as needed. In this position, you will Monitor and analyze emerging risks facing PSECU. Analyzes the potential impact and likelihood of risks on PSECU’s competitive position, profitability and/or operational effectiveness. Provide recommendations to proactively manage emerging risks. Facilitate risk management reviews by meeting with business units, reviewing operations, and making recommendations for compliance with best practices and/or state and federal regulations. Conduct risk assessments, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the credit union. Lead and/or participate in reviewing risk management processes for large projects/special projects designed to manage/reduce PSECU risk levels. Lead ERM processes and systems for file maintenance quality assurance, insurance reviews, and Corporate insurance renewals. Other duties as assigned.

Requirements

Bachelors degree (Required)
Any equivalent combination of experience and education.
Four to Six years’ experience in risk management and/or an auditing, accounting or a related field.

Nice To Haves

Risk management-related certifications preferred.

Responsibilities

Support the development and operation of PSECU’s Enterprise Risk Management (ERM) program.
Develop ORM, conduct risk assessments, and manage ORM processes.
Identify and develop enterprise-wide risk analytics and reports.
Implement ORM-related policies and procedures.
Facilitate the implementation and integration of risk management principles at all levels of the company.
Support business units in re-assessing their risks.
Review and update business unit risk/control self-assessments and documentation required for ORM.
Provide leadership, coaching, and/or mentoring to a subordinate group.
May act as a lead or first-level supervisor.
Monitor and analyze emerging risks facing PSECU.
Analyze the potential impact and likelihood of risks on PSECU’s competitive position, profitability and/or operational effectiveness.
Provide recommendations to proactively manage emerging risks.
Facilitate risk management reviews by meeting with business units, reviewing operations, and making recommendations for compliance with best practices and/or state and federal regulations.
Conduct risk assessments, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the credit union.
Lead and/or participate in reviewing risk management processes for large projects/special projects designed to manage/reduce PSECU risk levels.
Lead ERM processes and systems for file maintenance quality assurance, insurance reviews, and Corporate insurance renewals.
Perform other duties as assigned.