Overview
GENERAL SUMMARY A centralized first line of defense Business Risk Analyst supports Business Risk Control Officers (BRCOs) across assigned units. The centralized team drives consistency and standardization in risk management activities, enabling a cohesive, efficient, and transparent risk program.
Requirements Summary
Education: Master’s degree preferred (MBA, Finance, Analytics). Bachelor’s degree in Finance, Risk Management, Economics, Data Analytics, Statistics, Mathematics, or other major within quantitative disciplines is required.
Technical Tools
excelms-officepower-bitableaudata-analysis
GENERAL SUMMARY
A centralized first line of defense Business Risk Analyst supports Business Risk Control Officers (BRCOs) across assigned units. The centralized team drives consistency and standardization in risk management activities, enabling a cohesive, efficient, and transparent risk program. This role provides analytical capabilities, risk data coordination, and operational support to identify, assess, monitor, and report risks in a consistent 1LOD approach.
ESSENTIAL FUNCTIONS
Implement and promote common templates, definitions, and governance approaches for risk management.
Design, implement and monitor risk metrics supporting assigned unit activities. Identify leading indicators and early warning signals across assigned units.
Manage the reporting of Key Risk Indicators (KRIs) and performance-linked metrics aligned to business processes.
Build statistical and trend-based analysis models to monitor risk concentrations and operational anomalies.
Support rollout and adherence to risk policies, standards, and escalation procedures across all units.
Produce regular risk reporting presentations for risk governance forums and senior management.
Flag red/yellow risk trends and assist in root-cause analysis, ensuring consistency in interpretation across units.
Track remediation actions, milestones, and deadlines; assist in status reporting with standardized formats.
Analyze risk data to identify patterns, gaps, and opportunities for control improvement using uniform methodologies.
Assist in risk events capture, investigation support, and post-event reviews using common procedures.
Contribute to risk monitoring programs, incident reporting, and escalation workflows in a standardized way
Support training and awareness activities for frontline teams on risk management practices.
Develop risk reporting visualizations across key business functions using tools such as:
Excel
Power BI/Tableau
PowerPoint
Visio
Define threshold structures (Green / Amber / Red) based on risk appetite for escalation.
Monitor daily, weekly, and monthly risk metric performance and produce risk intelligence reports for management and division heads.
Support Issue Management for assigned Business units.
Conduct process-level risk identification for assigned Business units.
Map operational workflows to risk events and control points.
Identify control gaps and emerging operational risks based on metric behavior.
Provide analytical insights to strengthen internal controls and reduce loss events.
Monitor risk tolerance breaches and escalate according to governance protocols.
Partner with Business Risk and Control Officers to:
Interpret risk metrics
Identify operational vulnerabilities
Improve process resilience
Support third party onboarding and ongoing monitoring activities by supporting respective BRCOs and business units.
Support Risk and Control Self-Assessment (RCSA) processes with quantitative evidence.
QUALIFICATIONS
Education:
Master’s degree preferred (MBA, Finance, Analytics).
Bachelor’s degree in Finance, Risk Management, Economics, Data Analytics, Statistics, Mathematics, or other major within quantitative disciplines is required.
Experience:
Must have a minimum of 3-5 years of leadership experience in a banking environment or within the financial services industry serving in risk-related roles, preferably in a first line or a second line risk management role (operational risk management is preferred).
Experience with risk systems or governance, risk, and compliance (GRC) platforms.
Understanding of specific regulatory environments relevant to the organization.
Skills/Ability:
Strong knowledge of banking operations, products, and services and their related first line internal operating processes.
Knowledge of incident management, KRIs, RCSAs, and risk remediation tracking.
Advanced level experience working in Microsoft Office applications, including Word, Excel, PowerPoint, and Visio.
Highly analytical, detailed oriented, self-starter, and strong execution competencies.
OTHER DETAILS
$93,000 – $114,200 / year Pay determined based on job-related knowledge, skills, experience, and location.This position may be eligible for a discretionary bonus.