Risk Analyst I

Merrick Bank • South Jordan, UT

2d

About The Position

Join our team - and take the next step in achieving a fulfilling career! What We Do At CardWorks, we aim to help people connect with possibility and opportunity using our financial servicing expertise . Building meaningful, long-term relationships with consumers, our employees, and our clients is what matters most. Who We Are CardWorks, Inc. is a diversified consumer finance service provider and parent company of CardWorks Servicing, LLC, Merrick Bank and Carson Smithfield, LLC . CardWorks Servicing, LLC provides end-to end operational servicing functions for credit cards, secured cards, and installment loans.  We service consumer and small business loans across the credit spectrum and offers backup servicing and due diligence services to capital providers and trustees. Merrick Bank is an FDIC-insured Utah Industrial Loan Bank . Merrick operates three main business lines : credit cards, recreational lending, and merchant services. Carson Smithfield, LLC provides a variety of post-charge-off debt recovery services, including digital self-service, IVR, live agent, and external agency management.

Requirements

• Bachelor’s degree in finance, accounting, or job-related field is required, or four (4) years of related work experience accepted in lieu of education requirement.
• Effective planning, organizational, time management, attention to details, customer service and problem-solving skills.
• Ability to work effectively under pressure.
• Skilled at handling a variety of assignments simultaneously.
• Flexibility and willingness to work at a rapid pace under strict time frames.
• Demonstrate an ability to establish and maintain effective working relationships at all levels in the organization and to convey complex information.
• Proficient technical writing skills - presenting ideas in a clear, concise, understandable, and organized manner.
• Ability to work independently and without direct or continuous supervisory support.
• Demonstrate an ability to adapt to any changes in the regulatory environment with strong working knowledge of banking laws and regulations.

Nice To Haves

• Two (2) years’ experience in banking, financial services, risk management, internal audit, or related field is preferred.
• Experience in enterprise risk management, third-party risk management, or affiliate oversight is preferred.

Responsibilities

• Coordinates efforts across various business units to ensure Enterprise Risk Management objectives are met, including but not limited to, third-party risk assessments.
• Liaise with various levels of management and staff throughout the organization to analyze established processes, identify areas for process improvement or control enhancement and propose recommendations.
• Identifies enterprise risks or vulnerabilities and work with business units to ensure remediation measures are appropriately designed and implemented, and any deficiencies are corrected.
• Identifies and assesses risks related to potential third parties and provides a written summary of findings.
• Assists in the oversight and ongoing monitoring of existing third-party service providers.
• Works with current and potential third-party service providers to obtain necessary information for the third-party risk assessment (financials, audit reports, questionnaires, policies, etc.).
• Identify issues and make recommendations for improving the assessment/coordination process.
• Maintains related Enterprise Risk Management policies, standards, and procedures to ensure continued applicability and completeness.
• Assists in preparing and enhancement of risk management reporting.
• Performs other duties as assigned.
• Responsible for complying with all of the Bank’s internal control policies and procedures.
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.

Benefits

• Competitive Pay , including a Bonus Target or Variable Pay Incentive Program
• Benefits Package -Medical, Dental, and Vision (plus much more)
• 401(k) Plan with Company Match
• Short- & Long-Term Disability
• Wellness Programs
• Group Life and AD&D Insurance
• Paid Vacation, Sick Days and bank Holidays
• Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition

What This Job Offers

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