SUMMARYThe Senior Risk Analyst will report directly to the Risk Manager and facilitate the execution of the Bank’s Enterprise Risk Management Program.
The Senior Risk Analyst will have responsibility for the review and implementation of certain components of the ERM such as Business Continuity Program and Vendor Management Program.
The responsibilities of this position will also include providing input to the Risk Manager.
Ensures compliance with established Company policies and procedures.
Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: Regulation Z (Truth in Lending Act), Regulation B (Equal Credit Opportunity Act), Home Mortgage Disclosure Act, Real Estate Settlement Procedures Act, Fair Credit Reporting Act, Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering and Customer Information Program, Right to Financial Privacy Act (state and federal) and Community Reinvestment Act.
ESSENTIAL DUTIES1.Assists with the identification and management of key operational risk issues2.Implements risk assessment process, issues tracking, and measurement of and trend analysis of key risk indicators and key performance indicators3.Collects information for preparation of monthly and quarterly risk management reports (including KRIs and KPIs for credit, liquidity, market, operational, strategic, compliance/legal and reputational risk)4.Prepares and updates risk assessments, risk framework; monitoring and keeping them up to date to ensure appropriate management5.Assists with daily tasks to support the Business Continuity Management Program6.Responsible for maintaining and implementing the Vendor Management Program (maintaining appropriate policies and procedures; ensuring information is current, updating and reporting on gaps identified)7.Responsible for working with appropriate departments to mitigate gaps and enhance the Vendor Management Program8.Monitors and examines regulatory and industry white-papers related to risk management; communicates and develops action plan to address potential changes9.Confers with relevant management to develop and communicate risk management policies, risk appetite and risk limits within agreed timeframes10.Ensures action plans associated with identified risk issues are communicated and actioned within applicable timelines11.Recommends and assists in establishing, communicating and facilitating the use of appropriate Risk Management methodologies, tools and techniques12.Coordinates with audits and other control testing activates, including the response to recommendations and implementation of action plans13.Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.14.Follows policies and procedures; completes tasks correctly and on time; supports the company’s goals and values.15.Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions.
The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.16.Performs duties specific to the position and other functions as assigned.
MINIMUM REQUIREMENTSThese specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position.
The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner.
Individual abilities may result in some deviation from these guidelines.
•Bachelor’s degree from an accredited university; or at least 5 or more years of related experience and/or training.
•Work related experience must consist of experience in the financial services industry.
Educational experience, through in -house training sessions, formal school or financial industry related curriculum, should be business or financial industry related.
•Advanced knowledge of Bank operations and lending products and services; related state and federal laws and regulations, and other Bank operational policies and procedures.
•Advanced skills in computer terminal and personal computer operation; mainframe computer system; word processing and spreadsheet software programs.
•Basic typing skills to meet production needs of the position.
•Exceptional verbal, written and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, read, analyze and interpret documents and professional journals , understand procedures, write reports, correspondence and procedures, speak clearly to customers and employees.
•Basic math skills; ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
•Thorough understanding of management procedures; ability to plan department or Company activities (setting objectives, developing strategies, budgeting, and developing policies and procedures); initiative to organize various functions necessary to accomplish department or Company activities; effectively staff (selecting, training and developing employees); directing employees towards the desired objectives (delegating, motivating, resolving problems); controlling the function (developing performance standards, measuring results, taking corrective action and rewarding employees as appropriate).
•Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
•Ability to work with no supervision while performing duties.
•Current driver’s license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.
We are an Equal Opportunity/Affirmative Action Employer.
All applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status, or any other characteristic protected by law.
We will consider all qualified applicants regardless of criminal histories, in a manner consistent with the requirements of all applicable state and local laws and regulations.
Applicants must be currently authorized to work in the United States for any employer.
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