Risk Specialist

Genesee Regional Bank•Rochester, NY

7d•Onsite

About The Position

The Risk Specialist performs activities to mitigate the Bank’s compliance and legal risks. The role oversees and reports on activities related to vendor management, business continuity planning, fraud monitoring, and other assigned risk areas. It supports the Bank’s compliance obligations, risk assessments, audits and examinations, and the creation and maintenance of policies and procedures. The position also performs analysis, prepares documentation and management reports, and ensures the Bank’s activities are accurately reflected in reporting software. The role requires a solid working knowledge of laws and regulations, discretion with confidential information, and strong judgment, communication, teamwork, and client-service skills. The work takes place in an indoor, climate-controlled office setting. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Requirements

Bachelor’s degree, ideally in a business-related discipline, or an equivalent combination of education and experience.
At least 2 years of experience with state and federal banking regulations, or equivalent combination of education and experience.
At least 2 years of experience in vendor management or legal-related activities, or equivalent combination of education and experience.
Proficiency in Microsoft Office applications.
Ability to manage multiple tasks and move effectively between competing goals.
Ability to handle confidential information with discretion and sensitivity.
Strong decision-making and judgment skills.
Strong interpersonal skills, including proactive communication and helping others across departments.
Ability to work independently.
Ability to identify current or potential problems, take ownership, and see them through to resolution.
Ability to seek and incorporate performance feedback.
Ability to provide a remarkable client experience.

Nice To Haves

Experience working with data analysis and reporting software.

Responsibilities

Oversee timely collection of information and documentation for the Bank’s Vendor Management Program.
Ensure vendor relationships are accurately captured and appropriate due diligence is performed.
Review vendor due diligence documents to ensure they meet the Bank’s standards.
Assist with annual Business Continuity program tasks, including updating department plans and conducting tabletop exercises.
Update users in business continuity monitoring software when employees are hired or terminated.
Monitor and report on the Bank’s performance in meeting compliance obligations.
Conduct timely and efficient analysis using tools such as Excel, and communicate the results effectively.
Prepare and maintain documentation that can withstand auditor and examiner scrutiny.
Ensure the Bank’s activities are accurately and completely reflected in reporting software tools in a timely manner.
Assist with preparation and support for audits and examinations.
Assist with preparation of risk assessments.
Assist with creating and maintaining policies, procedures, standards, and practices.
Assist with preparing meetings and management reports.
Maintain a solid working knowledge of laws and regulations.
Demonstrate the behaviors outlined in The GRB Experience and meet performance, productivity, and quality standards.
Perform other duties as assigned.