GENERAL DESCRIPTION OF POSITION
The Enterprise Risk Management (ERM) Program Analyst directly contributes in the administration of the Bank's Enterprise Risk Management function through the support and execution of risk management activities within the Bank's ERM Framework. This position ensures the transformation of ERM goals into ongoing and new risk management processes, fostering a strong risk culture, and working with other departments to ensure risk is managed effectively and efficiently.
ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Collaborates with other lines of business (LOBs) across the enterprise to implement risk management practices and methods for identifying, assessing, monitoring, and reporting of risks.
2. Develops and maintains the ERM Program Framework including processes, policies, procedures, and related risk governance documents.
3. Supports the Bank's ERM Framework to provide a consolidated view of risk in the organization and compliance with the Bank's Risk Appetite Statement.
4. Coordinates the updates and maintenance of the Bank's Risk Appetite Statement and Corporate Governance Framework in conjunction with the Executive Risk Owner (ERO).
5. Designs and maintains a monitoring and tracking system to identify the appropriate key indicators, thresholds, triggers and escalations to drive informed decision making.
6. Takes a leading role in the administration of the Bank's Governance, Risk, and Compliance (GRC) tool.
7. Delivers strategic risk management consulting to support the bank’s initiatives, projects, and analysis to mitigate potential risks.
8. Partners with the ERO and other risk management employees to continuously improve risk management activities and oversight.
9. Develops strong partnerships with LOBs and stakeholders to monitor compliance with the Bank's Risk Appetite, anticipate trends and alert management of emerging risks, and ensure effective challenge to promote a strong risk culture.
10. Contributes to the knowledge, training, and development of junior staff.
11. Stays up-to-date with regulatory changes and industry best practices in risk management to understand the top and emerging risks facing the enterprise and incorporates these risks into the overall program on an ongoing basis.
12. Aids in the planning and coordination for both Internal Audits and onsite/offsite examinations by Federal and State Regulators.
13. Completes required BSA/AML training and other compliance training as required.
14. The ability to work in a constant state of alertness and a safe manner.
15. Performs any other related duties as required or assigned.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
EDUCATION AND EXPERIENCE
Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree. Plus, 3 years related experience and/or training and 1-6 months of related management experience; or equivalent combination of education and experience.
COMMUNICATION SKILLS
Ability to read, analyze, and understand common scientific and technical journals, financial reports, and legal documents; Ability to respond to complex or difficult inquiries or complaints from customers, regulatory agencies, or members of the business community.
MATHEMATICAL SKILLS
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.
CRITICAL THINKING SKILLS
Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.
REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS
Not indicated.
PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS
CERP, CRCM, or other certification a plus
SOFTWARE SKILLS REQUIRED
Basic: Accounting, Alphanumeric Data Entry, Database
Intermediate: Presentation/PowerPoint, Spreadsheet, Word Processing/Typing
Advanced: None.
RESPONSIBILITY FOR WORK OF OTHERS
Supervises a small group (1-3) of employees in the same or lower classification. Assigns and checks work; assists and instructs as required, but performs same work as those supervised, or closely related work, most of the time. Content of the work supervised is of a non-technical nature and does not vary in complexity to any great degree.
WORKING CONDITIONS
Normal working conditions as found within an office setting, wherein there is controlled temperature and a low noise level, plus a minimum of distractions.
ENVIRONMENTAL CONDITIONS
The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
PHYSICAL ACTIVITIES
The following physical activities 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 and expectations.
High diversity, low physical. Work activities which allow for a considerable amount of diversity as an incumbent performs a variety of tasks. Such tasks might be performed from a given work area, or the individual may move about physically in performing a variety of duties.
While performing the functions of this job, the employee is continuously required to use hands to finger, handle, or feel, talk or hear; regularly required to sit; and occasionally required to stand, walk, reached with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.
ADDITIONAL INFORMATION
-Three (3) years of related experience and/or training
-Bachelor's Degree in a field such as Accounting, Finance, Risk Management, or another related field
-Knowledge of general banking operations, including finance, lending, and/or other commercial banking products and services
-Experience and/or knowledge of BI solutions or data analytics is preferred
-Knowledge of the GRC platforms and processes is preferred
