SENIOR RISK MANAGEMENT ANALYST

810 SEVEN SEVENTEEN CREDIT UNION INC • Warren, OH

2d • Onsite

About The Position

The Senior Risk Management Analyst will be responsible for developing, implementing, and applying risk metrics and methodologies, reporting risk exposures, and assisting with the oversight of the Credit Union’s risk appetite framework. This role involves completing enterprise-wide and targeted risk assessments, providing mentorship to junior team members, and identifying/reporting risk levels using reports and dashboards. The analyst will aggregate and analyze data to calculate risk trends, monitor key controls, and assist business process owners with mitigation plans. Key functions include managing the Vendor Management Program (classification, due diligence, contract monitoring) and serving as the Business Continuity Coordinator, assisting with the development, maintenance, and testing of business continuity and disaster recovery plans. The role also requires preparing reports for various committees, reviewing vendor SOC reports, and assessing risk considerations in change requests and project documentation. Maintaining knowledge of regulatory changes is essential. Secondary duties include assisting external auditors and examiners, investigating member complaints, serving on committees for new products/services, and assisting with Information Security audits.

Requirements

• High school diploma or equivalent
• Undergraduate degree in Business, Accounting, Finance, Information Systems, or related discipline.
• A minimum of 4 years prior experience with risk management, regulatory compliance and/or internal audit in a financial institution environment required.
• Knowledge of financial institution operations and processes, risk management methodologies, risk-based auditing techniques and/or internal controls required.
• Proficient in Microsoft Office products, including Word and Excel.
• Aptitude for learning various software platforms.
• Self-starter.
• Must have the ability to work under pressure, time and budget constraints, and to multi-task.
• Excellent verbal/written communication skills.
• Excellent organization and documentation skills.
• Collaborative working style.
• Customer service attitude and skills to include: Team player attitude, commitment, patience, enthusiasm, creativity, listening, comprehension, initiative, cooperation, attention to detail, resourcefulness.
• Professionalism to include: Confidence, good judgment, appropriate demeanor and appearance, ability to interact with employees and members.
• Skills to include: Problem solving, decision making, time management, interpersonal communications, presentation and organization.
• Ability to work autonomously.
• Excellent organizational and documentation skills.
• Self-starter.
• Ability to work under pressure, time and budget constraints and to oversee projects to their completion.

Nice To Haves

• Continuing education or Certification in risk related fields, such as CRMA, CCURM, CISA, CRISC, or degree approve by management.
• Successfully complete approved courses or certifications designed to enhance skills in risk management and maintain prerequisite certifications.

Responsibilities

• Develop, implement and apply risk metrics and methodologies.
• Report risk exposures.
• Assist with overseeing the Credit Union’s risk appetite framework to ensure that risks are appropriately identified, monitored and controlled.
• Complete and provide quality control over enterprise wide and targeted risk assessments from the design phase through communicating results and analysis to appropriate parties.
• Provide mentorship and guidance to the Risk Management Analyst (or interns), fostering a culture of continuous learning and development within the team.
• Identify and report levels of risk within the organization using risk reports and dashboards.
• Aggregate and analyze data to calculate risk trends and outcomes.
• Identify and monitor key controls within the business processes.
• Assist business process owners with the development and monitoring of risk mitigation action plans.
• Perform primary functions of Vendor Management Program including classifying vendors, performing due diligence and risk assessments on vendors, maintaining and monitoring vendor contracts and due diligence documentation.
• Serve as the Business Continuity Coordinator, assisting the Information Security Officer in overseeing the development, maintenance, and testing of business continuity and disaster recovery plans.
• Prepare reports to support risk management, vendor management, business continuity and incident response committees as needed.
• Review vendor SOC reports for adequacy of user control considerations.
• Review Change Requests, Project Charters and Business Case Analysis for risk considerations.
• Maintain knowledge of, and remain current with, regulatory changes from federal and state agencies.
• Assists external audit firms and supervisory examiners.
• Investigate member complaints and questions.
• Serve on committees to implement new products and services as needed.
• Assist the Information Security Officer with performing Information Security (IS) audits and assessments to evaluate the security and privacy controls.
• Participate on the Vendor Management, Risk Management (RMCO) and Incident Response Committees as needed.

Benefits

• Confidentiality Requirements: All employees are required to maintain the confidentiality of company information and protect sensitive data, both during and after their employment.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree