First Line Risk Analyst - Lending Risk

Posted 3 Days Ago
Be an Early Applicant
3 Locations
In-Office
57K-97K Annually
Mid level
Fintech
The Role
Support monitoring, testing, and reporting across lending operations to ensure regulatory and policy compliance. Perform control testing, analyze risk indicators, assist remediation, prepare documentation for audits/regulators, and partner with business, compliance, and audit teams to strengthen controls and improve processes.
Summary Generated by Built In

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Role Summary
As a First Line Risk Analyst, you will help strengthen the bank’s risk and control environment by supporting monitoring, testing, and reporting activities across lending operations. In this role, you’ll partner with business leaders and risk teams to identify issues, support regulatory readiness, and improve processes that protect both customers and the organization. This is a great opportunity to build expertise in risk management, compliance, and operational controls within a collaborative banking environment.

Key Accountabilities

  • Execute monitoring activities across loan portfolios to ensure compliance with regulatory requirements and internal policies.

  • Perform control testing and process reviews across lending originations, servicing, and default operations.

  • Analyze key risk indicators, including delinquencies, disputes, and complaints, and escalate concerns when needed.

  • Support issue remediation efforts by gathering documentation and tracking corrective actions.

  • Partner with business leaders, compliance teams, and audit partners to maintain a strong control environment.

  • Assist with risk assessments related to new products, services, and system enhancements.

  • Prepare clear and accurate documentation to support audit and regulatory examinations.

  • Contribute to continuous improvement initiatives that strengthen operational effectiveness and risk management practices.

Education & Experience

Required

  • Bachelor’s degree in Risk Management, Business, Finance, Data Analytics, or a related field, or equivalent combination of education and experience.

  • 3+ years of experience in Financial Services, Operations, Compliance, Audit, Risk Support, or a related field.

  • Up to 2 years of knowledge of banking products and regulatory requirements.

  • Strong analytical, organizational, and communication skills.

Preferred

  • Experience working with Investor Relations

  • Experience supporting lending operations, control testing, or risk monitoring programs.

  • Familiarity with regulations including TILA, ECOA, RESPA, and FDCPA.

  • Experience working with risk reporting, KRIs, or issue management activities.

Why You’ll Love Working Here

Associated Bank offers a collaborative culture where your ideas and contributions matter. You’ll have opportunities to grow your career, expand your skills, and work alongside experienced professionals committed to continuous improvement and customer success. Apply today to make an impact.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life. 

  • Retirement savings including both 401(k) and Pension plans. 

  • Paid time off to volunteer in your community. 

  • Opportunities to connect with others through our diversity-focused Colleague Resource Groups. 

  • Competitive salaries with professional development and advancement opportunities. 

  • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.  

  • Personal banking, loan, investment and insurance benefits. 

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact [email protected] if you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.


The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.


For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.


$56,700.00 - $97,200.00 per year

Skills Required

  • Bachelor's degree in Risk Management, Business, Finance, Data Analytics, or related field (or equivalent experience)
  • 3+ years of experience in Financial Services, Operations, Compliance, Audit, Risk Support, or related field
  • Knowledge of banking products and regulatory requirements (up to 2 years)
  • Strong analytical, organizational, and communication skills
  • Experience working with Investor Relations
  • Experience supporting lending operations, control testing, or risk monitoring programs
  • Familiarity with regulations including TILA, ECOA, RESPA, and FDCPA
  • Experience working with risk reporting, KRIs, or issue management activities

Associated Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Associated Bank and has not been reviewed or approved by Associated Bank.

  • Retirement Support The package includes a company‑paid pension alongside a 401(k) match and an employee stock purchase plan with a company match. This combination meaningfully strengthens long‑term wealth building.
  • Healthcare Strength Coverage spans medical, dental, vision, mental‑health resources, and HSA options with a company contribution, plus domestic‑partner eligibility and free 1:1 health coaching. The breadth of offerings is a notable advantage even when other elements of pay feel average.
  • Leave & Time Off Breadth Competitive PTO, a robust paid‑holiday schedule, paid volunteer time, and options such as purchasing additional PTO reflect depth in time‑off programs. These policies are widely viewed as positives.

Associated Bank Insights

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The Company
HQ: Green Bay, WI
4,448 Employees

What We Do

Associated Banc-Corp (NYSE: ASB) has total assets of $34 billion and is Wisconsin’s largest bank holding company. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 220 banking locations serving more than 120 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas.

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