SENIOR RISK MANAGEMENT ANALYST

Job Summary:  The Senior Risk Management Analyst supports the development and operation of the Credit Union’s Risk Management program. 

All job positions at 7 17 Credit Union may be assigned further duties with or without notice, verbally or in writing.  Essential duties and responsibilities include the following. 

Primary Duties:

1. Develop, implement and apply risk metrics and methodologies.
2. Report risk exposures.
3. Assist with overseeing the Credit Union’s risk appetite framework to ensure that risks are appropriately identified, monitored and controlled. 
4. Complete and provide quality control over enterprise wide and targeted risk assessments from the design phase through communicating results and analysis to appropriate parties.
5. Provide mentorship and guidance to the Risk Management Analyst (or interns), fostering a culture of continuous learning and development within the team.
6. Identify and report levels of risk within the organization using risk reports and dashboards.
7. Aggregate and analyze data to calculate risk trends and outcomes.
8. Identify and monitor key controls within the business processes.
9. Assist business process owners with the development and monitoring of risk mitigation action plans. 
10. Perform primary functions of Vendor Management Program including classifying vendors, performing due diligence and risk assessments on vendors, maintaining and monitoring vendor contracts and due diligence documentation.
11. Serve as the Business Continuity Coordinator, assisting the Information Security Officer in overseeing the development, maintenance, and testing of business continuity and disaster recovery plans.
12. Prepare reports to support risk management, vendor management, business continuity and incident response committees as needed.
13. Review vendor SOC reports for adequacy of user control considerations.
14. Review Change Requests, Project Charters and Business Case Analysis for risk considerations.
15. Maintain knowledge of, and remain current with, regulatory changes from federal and state agencies.

Secondary Duties:

1. 1.  
2. 1. Assists external audit firms and supervisory examiners.
3. 2. Investigate member complaints and questions.
4. 3. Serve on committees to implement new products and services as needed.
5. 4. Assist the Information Security Officer with performing Information Security (IS) audits and assessments to evaluate the security and privacy controls.
6. 5. Participate on the Vendor Management, Risk Management (RMCO) and Incident Response Committees as needed.

Confidentiality Requirements: All employees are required to maintain the confidentiality of company information and protect sensitive data, both during and after their employment.

Travel Demands:  Must be able to travel locally.

Prerequisite Education:

1. High school diploma or equivalent
2. Undergraduate degree in Business, Accounting, Finance, Information Systems, or related discipline.
3. Other: Continuing education or Certification in risk related fields, such as CRMA, CCURM, CISA, CRISC, or degree approve by management.

Prerequisite Experience:

1. A minimum of 4 years prior experience with risk management, regulatory compliance and/or internal audit in a financial institution environment required. 
2. Knowledge of financial institution operations and processes, risk management methodologies, risk-based auditing techniques and/or internal controls required.
3. Proficient in Microsoft Office products, including Word and Excel.
4. Aptitude for learning various software platforms. 
5. Self-starter.  Must have the ability to work under pressure, time and budget constraints, and to multi-task. 
6. Excellent verbal/written communication skills.
7. Excellent organization and documentation skills.
8. Collaborative working style.

Required knowledge, skills and abilities once in the job:

 1.   Customer service attitude and skills to include: Team player attitude, commitment, patience, enthusiasm, creativity, listening, comprehension, initiative, cooperation, attention to detail, resourcefulness.

 2.   Professionalism to include: Confidence, good judgment, appropriate demeanor and appearance, ability to interact with employees and members.

 3.   Skills to include: Problem solving, decision making, time management, interpersonal communications, presentation and organization.

 4.   Ability to work autonomously.       

  5.   Excellent organizational and documentation skills.

 6.   Self-starter.  Ability to work under pressure, time and budget constraints and to oversee projects to their completion.

Certifications, licenses required once in the job:  Successfully complete approved courses or certifications designed to enhance skills in risk management and maintain prerequisite certifications.

Physical, Mental or Visual Demands:  The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to: stand, walk, sit, use hands to finger, handle, or feel objects, tools, or controls, reach with hands and arms, climb or balance, stoop, kneel, crouch, or crawl, talk or hear, taste or smell.

This job regularly requires the employee to lift _1__ to _20_ pounds __5_ times per day.

Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception & the ability to adjust and focus.

Working Conditions:  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

While performing the duties of this job, the employee may work: rarely near moving mechanical parts

The noise level in the environment is usually quiet.