Operational Risk Analyst LOC : Kansas City, MI
100,000 - 200,000
Job Description:
ESSENTIAL FUNCTIONS
- Support the team within the Operational Risk Group; develop and implement a strong foundation of enterprise-rise risk policies and procedures;
- Monitors and tests adherence to those policies and procedures; and provides credible challenge to the first line of defense in managing all aspects of operational risk.
- Maintain internal controls and compliance obligations framework to ensure full compliance with the companys values, mission, and code of conduct, as well as rules and regulations required by law
- Audit, review, and perform testing of existing controls
- Provide risk and compliance related reports and results to senior management along with recommendations for further improvement
- Evaluate various issues to ensure compliance with policies, procedures, controls and related governance and reporting frameworks
- Analyze setup of access roles to IT systems and in IT- related processes
- Facilitate Risk Control Self-Assessment documentation
- Facilitate risk owners to develop risk monitoring reports to measure effectiveness of control environment
- Bachelors Degree and 1-3 years banking experience; additional experience equivalent to a degree is acceptable
- Experience within banking in audit, risk management, compliance or lending Basic knowledge of:
- Rules and regulations of Consumer Financial Protection Bureau (CFPB);
- Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC);
- Federal Reserve System; Federal Financial Institutions
- Examination Council (FFIEC); and state banking regulatory agencies.
- Concepts, practices and procedures of banking compliance reviews.
- Principles of banking operations and finance.
- Financial markets and products.
- A demonstrated knowledge of internal controls Attention to detail while maintaining a big picture orientation.
- Ability to gather information, identify linkages and trends and apply findings to assignments.
- Ability to work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.
- Use appropriate interpersonal styles and communicate effectively, both orally and in writing, with all organizational levels.
- Work independently as well as collaboratively within a team environment.
- Propose changes and cooperate in implementation of the processes
- Proficiency in Microsoft Office Suite (Word, Excel, Power Point)