Operational Risk Analyst
About The Position
The Operational Risk Analyst is responsible for supporting the Operational Risk Management Group to ensure the Bank’s operational risk management program within the Bank adequately identifies, assesses, measures, monitors, and reports operational risks enterprise wide. The Operational Risk Analyst will interact with process owners across the Bank to understand business processes and the risk and control environment and identify process improvements. The Operational Risk Analyst will assist in the preparation, analysis, and reporting of information to management and the Bank’s Board of Directors . The following statements are intended to describe the general nature and level of work being performed by persons assigned to the job. They are not intended to be an exhaustive list of all responsibilities or abilities required of persons so classified. The Bank reserves the right to alter or amend this description at any time.
Requirements
- Bachelor’s degree, along with 1-2 years’ of operational risk, compliance, or audit experience, in a financial services environment.
- Detail-oriented and ability to assume complex assignments.
- High degree of initiative, strong analytical skills, excellent oral and written communication skills, and the ability to interact effectively with management.
- Ability to be adaptable and flexible while responding to deadlines on assignments and workflow fluctuations.
- Ability to manage a variety of projects simultaneously.
- Must not have been convicted on any civil or criminal charge that would suggest a risk to Bank security.
- Ability to work full - time.
- Ability to uphold and model the Bank’s Guiding Principles.
Nice To Haves
- Proficient in Microsoft Office applications (i.e. Access and Excel) is preferred.
Responsibilities
- Provides support to the Director, Enterprise Risk with implementing aspects of the operational risk management framework.
- Monitors and follows up on the operational risk events submitted by management to ensure corrective actions occurred. Including a root cause analysis on identified operational risk events.
- Prepares and analyzes data and trends of operational risk events and metrics to identify anomalies or trending concerns.
- Provides monthly reporting to key stakeholders on the status of operational risk events.
- Maintains the Bank’s end user computing inventory utilized by the current tool and performs periodic testing, review and program updates for the end user developed program.
- Completes the quarterly calculation and reporting of the operational risk estimate calculation and provides evidence to the appropriate departments and assists with maintenance and reporting of documentation on an ongoing basis.
- Prepares various operational risk reports for the Bank’s Risk Committee, the Board Risk Oversight Committee, and other key stakeholders.
- Perform regular reviews of Operational Risk Management Group procedures to ensure procedures are updated and reflect current practices.
- Other risk management projects and duties, as assigned.
Benefits
- Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer remote flex days!
- Fantastic, competitive pay and total rewards
- Industry-high 401(k) match: up to 6% PLUS…an additional 4% contribution!
- Tuition reimbursement assistance: To help you continue to develop personally and professionally.
- Student loan repayment assistance: That’s right, we will help you repay outstanding student loans!
- Awesome Benefits Package: Medical, dental, vision benefits and even pet (you read that right) insurance!
- Generous time off: Vacation, paid federal holidays, birthday month floating holiday, volunteer day and summer hours program
- “Dress for your day” dress code: You choose the appropriate work attire based on what your day looks like.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
101-250 employees
