First Line Risk Analyst
As the Risk Monitoring Analyst, you will support Team Lead and Risk Monitoring Managers, in the delivery of the monitoring and testing program for assigned products, processes, and services. The Analyst will work within established timelines to deliver control testing and key risk indicator monitoring which are critical to determining control environment effectiveness.
The Analyst will be responsible for recommending an assessment of the control performance based on analysis. Meet all established SLAs related to control self-testing and continuous monitoring. The Analyst will support delivering on the monitoring and testing target state and responsible for providing guidance, recommending an assessment of the control’s performance, and supporting the first line units. Will provide comprehensive and detailed analysis explaining drivers in control trends over time and recommendations to the assessment method
Primary responsibilities include
- Support Delivery on the monitoring and testing roadmap to define the target state for risk monitoring and control testing.
- Execute the control monitoring and testing program for assigned products, processes, and services. Meet all established SLAs related to control self-testing and continuous monitoring. As a result of RCSA outcomes, make recommendations to existing risks/controls/control assessment method. Support exam management through delivery of control monitoring documentation and related analysis. Support risk issue closure. Maintain up-to-date understanding of business processes along with regulatory requirements for risk management and controls.
- Present analysis of testing and monitoring outcomes to key stakeholders.
- As needed perform ad hoc reporting, data analysis and data extractions for various analytic purposes such as trend analysis or response to management or regulatory requests
Qualifications
- 0-3 years’ experience in a Finance, Technology, Audit, Risk monitoring and testing environment.
- Intermediate knowledge of internal controls and risk assessment Knowledge of banking products and operations, regulatory requirements, and key processes, controls, and exposure.
- Demonstrated experience supporting and/or leading risk projects across multiple business lines offering a wide variety of products and services.
- Ability to constructively work both independently and in collaborative environments involving all levels of management and employees.
- Experience delivering under tight deadlines while maintaining quality standards Excellent business writing skills
- Excellent interpersonal skills Proficient use of MS Word, MS Excel and PowerPoint and Visio Skill in process flow mapping complex business activities
- Strong interpersonal and team building skills. Proven track record of a continuous improvement mindset, with intellectual curiosity and strategic thinking.
- Ability to build and expand trusting relationships and partnerships.
- Ability to work independently.
- Ability to deliver high quality results within strict deadlines.
- Highly organized and able to manage concurrent projects while meeting or exceeding deadline.
Education, Certifications and/or Other Professional Credentials
- Bachelor's Degree: Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field or equivalent work experience
Hours & Work Schedule
- Hours per Week: 40
- Work Schedule: Monday - Friday
- Hybrid Model: Three days in the office and two days remote