Risk Management Analyst
Risk Management Analyst
Location: | Oxford | Department: | Risk Management | |
Reports to: | Chief Risk Officer | Positions Supervised: | none | |
Employee Classification: | ☐ Temporary ☒ Regular Full Time ☐ Part-Time | |||
FLSA Status: | ☐ Non-Exempt ☒ Salary ☐ Hourly ☒ Exempt ☐ Commission | |||
Position Summary:
The purpose of this position is to provide leadership assistance to senior and executive management, primarily within the following areas: Enterprise Risk Management, Model Risk Management, and Third-Party Risk Management.
Essential Functions-Primary Responsibilities and Accountabilities
Reasonable Accommodations Statement
To accomplish this job successfully, an individual must be able to perform, with or without reasonable accommodation, each essential function satisfactorily. Reasonable accommodation can be provided to help enable qualified individuals with disabilities to perform the essential functions.
Essential Task Statements:
Enterprise Risk Management (ERM):
- Distribute Risk Category Assessments (RCA), compile, analyze and review results with management
- Distribute New Products, Services and Initiatives (NPSI), compile, and review results with product sponsor
Model Risk Management (MRM):
- Assist CRO in development of the MRM Program
- Maintain Model and Tool Inventory
- Facilitate Model Risk Assessments with Model Owners
- Review and Evaluate Model Validation Reports with Management
Third Party Risk Management (TPRM):
- Authenticate and triage vendor intake requests
- Facilitate preliminary risk tiering and due diligence
- Ensure vendor records are currently maintained in Vendor Management platform
- Initiate contractual support (pre- and post-contract), including initial contracts and terms
- Monitor contract non-renewal deadlines and termination dates
Other:
- Assist CRO in preparation of ERM Committee and Board Risk Committee (BRC) meeting materials
- Collaborate with Internal Audit to ensure Company-wide Findings Tracker reconciles to ERM
- Collaborate with Internal audit to respond to basic audit or regulatory data requests
- Other risk management projects as assigned by the CRO to ensure Guaranty Bank complies with federal banking regulations including, but not limited to Bank Secrecy Act, OFAC, Community Reinvestment Act, American with Disabilities Act, Right to Financial Privacy Act, Gramm-Leach-Bliley Act, the Federal Reserve’s “lettered” regulations, and risk management roles and responsibilities relating to each act.
Customer Service
- Represent Guaranty Bank professionally, efficiently, and tactfully
- Acknowledge and greet customers with a smile, call customers by their name, ask if they need any additional assistance, thank customer at end of every conversation—both internal and external
- Ensure continuing development of professional relationships with management and colleagues
- Answer and assist incoming callers with questions and requests, subsequently route callers, as appropriate
- Receive incoming bank visitors and assist in directing them appropriately.
Additional Functions-Secondary Responsibilities and Accountabilities
- Work overtime when necessary
- Follow bank policies and procedures
- Assist other departments as needed
- Perform other duties that may be assigned and requested
Position Qualifications
Education: Required – Associates or Bachelor’s Degree in Business-related field - Preferred – Bachelor’s or Master’s Degree in Banking / Finance related field
Experience:
Required – 2+ years of experience in a Financial Institution within Risk Management, Accounting/Finance, or Operations, or equivalent experiencePreferred – 3 to 5 years of experience in one or more of the areas noted in the Essential Tasks
Other: High proficiency with computers, excellent knowledge and use of Microsoft Office (word processing, spreadsheets, and database systems), Outlook, Teams. Strong technical documentation, problem solving, analytical, and communication skills.
Position Requirements
Competency Statement(s)
- Accountability (Core Value) – Always do what we say and hold one another accountable.
- Accuracy – Thorough with strict attention to detail; does work right the first time; identifies and corrects errors; produces complete and error free work.
- Active Listening – Gives full attention to what others are saying, attentive to others’ ideas and concerns; asks questions to clarify understanding.
- Conceptual Thinking – Notices similarities between different and apparently unrelated situations.
- Confidentiality (Core Value) – Always maintains strict confidentiality.
- Community Development (Core Value) – Always committed to community development.
- Critical Thinking – Apply rules and logic to situations; considers factors beyond the initial information given.
- Data entry – Proficient alpha/numeric data entry skills.
- Detail oriented – Concentrates on routing work details; carefully monitors and examines one’s own and others’ work; ensures accuracy in documentation and data.
- Ethical Conduct – Conducts oneself consistently with sound banking practices and standards, upholding the values of Guaranty Bank.
- Integrity (Core Value) – Always act with integrity and honesty.
- Respect (Core Value) – Always treats others with respect.
Physical Requirements:
Physical requirements needed to perform the above essential duties, with or without reasonable accommodation, may be requested from Human Resources.
Frequency | Lbs. | |
Sitting | 70% | |
Standing | 20% | |
Walking | 10% | |
Fine Manipulation of hands | 80% | |
Lifting | Daily | 10 lbs. |
Carrying | Daily | 10 lbs. |
Pushing/Pulling | Seldom | 25 lbs. |
Bending/Squatting | Frequent | |
Reaching/Overhead | Occasional | |
Stress Level | High at times |
General notice:
The bank has reviewed the job description to ensure the essential functions and basic duties are current. This job description describes the general nature and level of work performed by the employee holding this position. It provides guidelines for the job expectations and the knowledge, skills, and abilities necessary to perform successfully in this position. This job description in no way states or implies that these are the only duties to be performed. Additional duties and responsibilities may be assigned by supervisors as deemed appropriate. This position does not constitute an employment agreement between the Bank and employee. This position description is subject to change as the needs of the bank and the requirements of the position change.
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