Risk & Controls Data Analyst

By joining our team, you’ll be joining a Bank that believes that maintaining a diverse and inclusive workplace where everyone feels valued and respected is essential for us to grow as a company. We are dedicated to building a more equitable world in our everyday practices by embracing the values of our employees and customers.

Essential Job Functions:

1. Facilitate risk assessment analysis, data collection, completion and updates. 
2. Maintain and update risk and controls descriptions, key risk indicators (KRIs), assist in risk resolution, tracking, audit, regulatory, and self-identified issues.
3. Support and contribute to the development of adequate controls relevant to the Line of Business “LOB” including SOX, Risk & Control Self-Assessment (RCSA) controls, audit, and compliance adherence and capture recommendations for improvement.  Assist in the implementation of the agreed upon recommendations.
4. Assist in the periodic self-testing of design and effectiveness of controls, capture recommendations for enhancement in alignment with business heads and senior management as appropriate.  
5. Aid in the development and maintenance of process workflows for all critical processes within the LOB. 
6. Steward partnerships with Business Heads to ensure data, policies and procedures are up to date.  
7. Collaborate with Risk and Compliance to stay informed on relevant regulatory changes and/or changes in the law.  Advise and assist implementation with LOB lead on relevant changes.  
8. Assist with the preparation of management and committee materials as requested. 
9. Support Business Continuity and Disaster Recovery planning for the LOB. 
10. Provide analytical support and develop reports on LOB vendor related activities which include but are not limited to service level agreement (SLA) performance, and relevant entity controls within the LOB.
11. Support investigation and report material risk events to LOB lead. 
12. Assist in collecting and analyzing data on new product/process rollout, advising on control adequacy and identifying key trends and areas for improvement. 
13. Aid LOB during Audit and Exams.   
14. Partner with the Enterprise Risk Management team for support and to obtain guidance to facilitate oversight and execution of risk management activities including Third-Party Risk Management, Model Risk management, and Business Continuity related tasks for coordination and oversight. 
15. Perform other duties as needed.  

Knowledge, Skills and Experience Requirements:

1. Bachelor’s degree or equivalent experience.
2. Minimum 5-7 years of experience within an operations environment, preferably in a risk or control-oriented banking environment.
3. Good understanding of operational controls and risk management techniques. 
4. Analytical and problem-solving skills required to interpret data.
5. Ability to assess situations, competing needs, requirements and solve problems independently within aggressive time constraints, seeking guidance and approval where required.
6. Ability to produce quality deliverables demonstrating strong written and verbal communication skills.
7. Expert level experience with Word, PowerPoint, Excel, Tableau and Visio.  
8. Working knowledge of risk management platforms, previous experience with Workiva a plus. 

Our job titles may span more than one career level. The starting base salary for this role is between $90,000.00 – $105,000.00. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps and other national service alumni are encouraged to apply. View our Pay Transparency Statement<