Product Analyst, Risk Strategy
About The Position
The CBB Risk Strategy Product Analyst executes ongoing testing of complete populations to ensure compliance with applicable disclosures, internal policies and procedures, and relevant federal, state, and local laws and regulations. The analyst identifies gaps and partners across functional areas to inform solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. The role identifies, responds to, and escalates risks as appropriate to support Deposits and Lending. The analyst partners with the assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to create, implement, maintain, review, or oversee an effective risk management framework, depending on function. The position also participates in projects and activities that support regulatory compliance and serves as a functional liaison between the Line of Business and the Lines of Defense. The role follows a hybrid/flexible schedule, with an in-office expectation of three or more days per week and flexibility to work outside the office for the remaining days.
Requirements
- Bachelor's degree or equivalent work experience.
- Typically more than three years of applicable experience.
Nice To Haves
- Background or understanding of data analysis techniques for creating end-user reporting.
- Background in testing focused on identifying customer harm and familiarity with customer remediation processes.
- Strong attention to detail and ability to independently manage priorities.
- Intermediate knowledge of applicable laws, regulations, financial services, and regulatory trends affecting the assigned line of business.
- Intermediate understanding of the business line’s operations, products and services, systems, and associated risks and controls.
- Thorough knowledge of Risk/Compliance/Audit competencies.
- Strong analytical, process facilitation, and project management skills.
- Effective presentation, interpersonal, written, and verbal communication skills.
- Proficient computer navigation skills using software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations.
- Applicable professional certifications.
Responsibilities
- Execute ongoing testing targeting complete populations to ensure compliance with applicable disclosures, internal policies and procedures, and applicable federal, state, and local laws and regulations.
- Identify gaps and partner across functional areas to inform solutions that minimize losses arising from inadequate internal processes, systems, or human errors.
- Identify, respond to, and escalate risks as appropriate in support of Deposits and Lending.
- Partner with the assigned Line of Business, RCA professionals, and RCA Managers to create, implement, maintain, review, or oversee an effective risk management framework, depending on function.
- Participate in projects and activities that ensure compliance with applicable laws and regulations.
- Serve as a functional liaison between the Line of Business and the Lines of Defense.
Benefits
- Healthcare, including medical, dental, and vision
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation of two to five weeks depending on salary grade and tenure
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law
- Incentive and recognition programs
- Equity stock purchase
- Pension
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
