Business Risk Analyst I

The Business Risk Analyst will work directly with and for the line(s) of business to support the corporate risk and compliance management programs, ensuring compliance is well informed and governance related activities for the line(s) of business are well managed. This role will serve as a point of contact for and support the Business Risk Program.

Essential Responsibilities:

• Evaluate data and relevant records to determine risk levels including the use of analytical reports and tools to calculate the risk of a decision.
• Assist in the design and creation of reporting to help the business lines manage their risks and provide risk reporting to the relevant audiences.
• Support risk and control self-assessment activities, including documenting processes to identify controls and control gaps.
• Assist in the management of the development and monitoring of Key Risk Indicators for the line(s) of business.
• Gather and/or coordinate the gathering of requested documentation for and participating in federal and state exams of the line of business, as well as assisting in the preparation of responses to findings.
• Assist in tracking and validating management’s corrective action(s) identified by corporate risk management monitoring activities, Internal Audit, regulatory examiners.
• Promote Towne’s risk culture, including the communication and escalation of matters of significant risk to executives, senior leaders and business unit managers.
• Partner with the line of business on policy and procedure development, maintenance, reviews, and offers effective challenge where necessary.
• Maintain the line of Business Risk management documentation within the GRC and other Bank-wide reporting tools.
• Support the line of business model owners in Model Risk Management activities.
• Assist in the delivery of risk education to the line of business.
• Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
• Other duties as assigned.

Minimum Required Skills & Competencies:

• Bachelor’s degree in Risk Management, Finance or related field of study or equivalent related work experience
• 1 year supporting risk and/or compliance related activities in a financial services operating environment or other relevant industry
• Proficient in Microsoft Office suite
• Strong interpersonal skills
• Strong written & verbal communication skills
• Ability to work independently and meet deadlines
• Ability to collaborate well & maintain positive working relationships

Desired Skills & Competencies:

• 2-3 years supporting risk and/or compliance related activities in a financial services operating environment or other relevant industry
• Experience with process & procedure development and writing

Physical Requirements:

• Express or exchange ideas by means of the spoken word via email and verbally.
• Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
• Not substantially exposed to adverse environmental conditions.
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)