RISK ANALYST

Northwest Community Bank • Canton, CT

8h • Onsite

About The Position

The Risk Analyst is a detail-oriented and analytical position that supports and enhances the Enterprise Risk Management (ERM) program. The role will help identify, assess, and monitor risks across the organization that could impact financial performance, operations, and strategic initiatives. The Risk Analyst will collaborate with business partners to strengthen risk awareness and ensure compliance with internal policies, regulatory expectations and audit activities.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, or related field (or equivalent experience)
• 2–5 years of experience in risk management, banking, finance, or compliance
• Working knowledge of enterprise risk management frameworks and principles
• Advanced Microsoft Excel and overall proficiency in Microsoft Office applications
• Strong analytical, problem-solving, and organizational skills
• Excellent written and verbal communication skills
• Ability to work independently, manage multiple priorities and meet deadlines

Nice To Haves

• Familiarity with Governance, Risk, and Compliance (GRC) systems preferred
• Professional certifications such as CERP, CRCM, or similar are a plus

Responsibilities

• Partner with business units to perform Risk and Control Self-Assessments (RCSAs), identifying risks, evaluating controls, and recommending mitigation strategies.
• Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk.
• Track, manage, monitor, and report on risk issues and corrective action plans to ensure timely resolution.
• Analyze and report Key Risk Indicators (KRIs) and Risk Appetite Statement (RAS) metrics.
• Prepare reports, dashboards, summaries and presentations for senior management to support informed decision-making.
• Perform data analysis to identify trends, emerging risks, and potential vulnerabilities.
• Assist in the preparation for internal audits and regulatory examinations, including documentation, supporting planning activities, and follow-ups.
• Support delivery of risk training and awareness initiatives across the organization.
• Collaborate cross-functionally to promote a strong risk management culture and ensure alignment with risk management practices.
• Contribute to enhancements in risk tools, systems, and reporting processes and presentations.

Benefits

• Opportunity to play a meaningful role in strengthening enterprise risk management practices
• Exposure to senior leadership and cross-functional collaboration
• Supportive and professional team environment
• Career growth within a regulated financial institution

What This Job Offers

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