Enterprise Risk Analyst en undefined

Summary: 

The Enterprise Risk Analyst supports the Operational Risk Manager regarding all aspects of Operational Risk Management and Financial Risk Reporting within the Enterprise Risk Management (ERM) program. Assists in managing the Governance, Risk, and Compliance (GRC) platform to capture, document, and report risks across the organization. Hold monthly KRI / risk assessment sessions with business lines and compile the reporting dashboards used for management and committee meetings. Assist in the completion of annual RCSAs.  

Job Responsibilities: 

Operational Risk Management Support

• Assists the Operational Risk Manager in the identification, assessment, and reporting of operational risks within the organization.
• Collaborates with lines of business to identify, record, and track inherent and residual risks.
• Supports management in the development and implementation of risk management strategies, policies, and procedures. 
• Assists in the identification and evaluation of control environments and building the control inventory.
• Assists with monitoring and reporting on risk exposure and mitigation efforts. 
• Assists in the identification and capturing of risk events. Performs root cause analysis and proposes recommendations to control enhancements.

Financial Risk Management Support 

• Analyzes financial data related to Credit, Market, Liquidity risk to identify and report on potential risks and trends. 
• Establish individual monthly sessions with business lines to review their risk data and formulate language for risk reporting.
• Utilize industry-wide metrics to support / enhance risk reporting, including comparisons to peer banks. 

Reporting

• Analyzes data to identify trends and potential risk areas. Prepares and reports metrics and dashboarding for presentation.
• Prepare reports for management and stakeholders. Prepares agendas and drafts meeting minutes.
• Supports management to ensure continuous alignment to organizational Risk Appetite Statement.

Risk Assessments and Examinations

• Conduct risk assessments and evaluating effectiveness across all lines of business. 
• Supports management to ensure continuous alignment to the organizational Risk Appetite Statement.
• Alongside ERM management, partners with Audit, Compliance, and Regulators on examination management and best practice assurances.

Industry Knowledge and Training

• Stays updated on industry best practices and regulatory changes.
• Assists to facilitate risk management workshops and meetings. 
• Partners with Training and management on training initiatives.

Job Requirements: 

• Bachelor’s degree in Risk Management, Accounting, Business, Finance or other relevant fields.
• 3+ years of relevant work experience in Risk Management, Audit, Compliance, or other related areas.
• Excellent verbal, written and interpersonal communication skills.
• Strong critical thinking and analytical skills.
• Ability to manage multiple projects simultaneously.
• Ability to exercise sound judgement and work independently.
• Knowledge of operational processes, risk assessment methodologies, and industry best practices.
• Knowledge of bank operations.
• Strong attention to detail, accuracy and adherence to deadlines.
• Microsoft Office skills: proficient in Excel, Word and PowerPoint.
• Knowledge managing and implementing risk management tools such as GRC platforms.
• Understanding of regulations and compliance requirements related to the industry.

Columbia Bank offers the following benefits:

• Medical, Dental, Vision and Rx which are contributory.
• Bonus programs.
• Employee Stock Option Program (ESOP).
• Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D).
• Paid Time Off (PTO) which includes Personal and Vacation Time.
• Paid Sick Time.
• Bank Holidays.
• Employees may participate in the 401k program.

Columbia Bank and its affiliates is an Equal Opportunity Employer, including individuals with disabilities and veterans.