Risk Management Analyst

Objectives of this role

We are seeking a highly motivated and detail-oriented individual to join our team as a Risk Management Analyst. This role will play a key part in supporting the Internal Audit and Enterprise Risk Management functions. The ideal candidate will possess strong analytical skills, attention to detail, and an understanding of Risk Management principles within the banking industry.

Essential Functions

Internal Audit Support:

• Assist in the planning, execution, and reporting of internal audits in accordance with established audit plans.
• Work closely with the Internal Audit team to identify areas for improvement in internal controls and operational processes.
• Execute audit programs and testing procedures.
• Perform follow-up procedures on outstanding audit findings and recommendations.
• Maintain a high level of integrity and professionalism to handle sensitive and confidential information.
• Perform special projects, investigations and other duties as assigned.
• Assist with the completion of administrative tasks within the department.

Enterprise Risk Management:

• Assist in the identification, assessment, and monitoring of enterprise-wide risks.
• Contribute to the preparation of risk reports for senior management and board committees.
• Assist in the creation of the annual vendor review schedule.
• Perform ongoing vendor reviews based on the annual vendor review schedule, including requesting documentation from vendor relationship owners, and reviewing the documents in the Third-Party Risk Management (TRPM) system.
• Partner with business leaders to perform new vendor onboarding including initial risk assessment, reviewing vendor due diligence documents, and vendor agreements in the TRPM system.
• Partner with business leaders to perform annual business continuity plan updates.
• Assist in drafting and supporting the annual business resilience exercise.
• Coordinate with business leaders to oversee business continuity gap remediation and obtain management responses, target dates, and follow up comments.
• Partner with business leaders to ensure management is completing system user access reviews and employee system user termination documentation in accordance with the bank's Identity and Access Management program.
• Assist with the completion of administrative tasks within the department.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities are as required and may change at any time with or without notice.

Skills and Qualifications

• Bachelor's degree in finance, business, accounting, or a related field is preferred.
• Minimum of two years of experience in Risk Management, internal audit, or a related function within the financial industry.
• Strong understanding of Risk Management principles, regulatory requirements, and industry best practices.

• Self-motivated with the ability to work independently.
• Critical thinking and strong decision-making skills with the ability to interpret the results of procedures and discern the severity of findings.
• Strong interpersonal and self-management skills with the ability to multi-task
• Organized and attentive to detail.
• Ability to effectively communicate with all levels of the organization, clearly expressing ideas and concepts both verbally and written.

• Ability to interact cordially with coworkers to accomplish common tasks.

• Excellent analytical, problem-solving, and communication skills.
• Knowledge of banking operations and financial products.
• Professional certifications such as CIA, CISA, CRMP, or CRMA are a plus.
• No travel requirements for this position.
• Remote work available.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand on a stool as necessary.