Risk Management Analyst

Department:  Risk Governance Strategy & Operations (RGSO)

Reports to:  Manager of RGSO

Job Code:  J5AN7

As part of the 2nd Line of Defense (2nd LOD), the position of Risk Management (RM) Analyst participates in evolving the Bank’s risk governance framework by identifying, measuring, mitigating, monitoring and reporting on risks across the Bank.  The RM Analyst works with the Manager of RGSO to build a culture of risk management in the organization, to develop risk mitigation strategies by entity, process and/or project and to accumulate, synthesize and report on risks to executive management and the Board of Directors.  The role includes responsibility for establishing risk procedures and routines to support the Bank’s Risk Management Program.

Essential Duties

• Support the Manager of RGSO in the continual evolution of, implementation and management of the Bank’s Enterprise Risk Management Program.
• Participate in the ERM Governance function including the updating and implementation of the Risk Management Framework, Risk Appetite, Risk aggregation and reporting, and performing enterprise risk assessments including inherent and residual risks.
• Assist in monitoring through effective challenge risk domains including credit risk, various financial risks, and other non-financial risk and control self-assessment domains.
• Support the Manager of RGSO in managing the Bank’s insurance portfolio, renewals, claim activity and reporting.
• Prepare and execute quarter capital stress testing including managing the model, preparing financial forecasts for quarterly runs, analyzing results and preparing documentation and reporting.  Comply with the Bank’s Model Risk Management program requirements.
• Assist with proactively managing and advising the Bank on potential/emerging risks to assure objectives are achieved and disciplines are implemented to drive continuous improvement.
• Collaborate in developing and managing the breach management process, in conjunction with risk appetite statements, and regular reporting
• Collaborate in defining both a change management and issues management process for the Bank with 1st Line of Defense personnel, who will ultimately own the process.
• Collaborate in developing and implementing changes as needed to minimize risks as well as improve internal and external risk characteristics across all business lines.
• Assist with defining and providing support and training to build risk management awareness within the Bank.
• Analyze qualitative and quantitative data to develop process efficiencies and/or metrics for key risk indicators.
• Actively participates in Bank initiatives and projects, as needed, providing risk management, data analysis and bank processing knowledge and skills.

Non-Essential Duties

• Inductive Reasoning — Ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

• Deductive Reasoning — Ability to apply general rules to specific problems to produce reasonable answers.
• Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

Required Knowledge

• Banking knowledge – Finance and Accounting, loans and credit management, back-office operations
• Working knowledge of IT processes and principles preferred
• Knowledge of risk management principles and practices in banks.

Basic Knowledge, Skills and Abilities

• Strong analytic, logical reasoning and problem solving skills
• Must have an understanding of quantitative analyses
• Process improvement and technology skills, a plus
• Ability to create reporting, e.g., Cognos or similar
• Excellent interpersonal skills
• Strong verbal/written communication and presentation skills
• Must be able to work independently and set goals/prioritize, focus, and have time management skills.
• Strong knowledge of Excel (intermediate to advanced), Word, Visio, Power point

Officer Title Eligibility

For qualified positions, the Bank may designate an Officer Title to an employee who seeks and/or meets defined competencies for an eligible position. This position qualifies for the officer title(s) Assistant Vice President.

Education and Experience

• B.S. Accounting, or Finance with banking experience in Accounting & Finance
• Advanced degree or professional certification, a plus
• 7+ years of prior banking experience with a focus in risk management
• Capital stress testing – running, documenting and maintaining

Estimated salary range (DOE):  $75K to $108K plus annual bonus, medical, dental, vision, life, 401K, profit sharing, vacation

Email resume in MS/Word format to Resume@Bankers-Search.com

Or contact us at 310-823-1400