Senior Enterprise Risk Analyst

Job Summary 

The Senior Enterprise Risk Analyst plays a critical role in identifying, assessing, monitoring, and managing risk across the Bank. Working closely with the Enterprise Risk Officer, this position supports the development and maintenance of a strong enterprise risk management framework that enables effective risk aggregation, analysis, and reporting to senior leadership.

The Senior Enterprise Risk Analyst is responsible for helping design and implement risk management methodologies, frameworks, policies, and procedures that support the Bank's strategic and operational objectives. This role also provides guidance to business units and staff on risk-related processes, controls, and best practices to ensure consistent risk management across the organization.

Key Responsibilities

• Support the Enterprise Risk Officer in the ongoing development, enhancement, and administration of the Bank’s Enterprise Risk Management (ERM) program to ensure effective risk oversight and achievement of strategic objectives. 
• Lead and support the design, implementation, and continuous improvement of key ERM initiatives, including Issues Management, Policy Management (exceptions and violations), Model Risk Management, Risk Acceptance, Governance, Risk & Compliance (GRC) platform implementation, New Products and Services reviews, and Enterprise Change Management. 
• Maintain the Bank’s model risk inventory, including End-User Computing (EUC) tools and model intake processes; perform model identification, adjudication, and risk assessments, and coordinate with third-party model validation vendors as directed. 
• Perform ongoing analysis and reporting for critical risk management activities, including deposit analytics, model risk management, issues management, key risk indicators (KRIs), and quarterly risk reporting. 
• Partner with business units to provide guidance and effective challenge regarding governance activities, including the development and maintenance of policies, procedures, committee charters, and related documentation. 
• Support the development and maintenance of an integrated risk data repository, leveraging qualitative and quantitative data to drive process improvements, risk insights, and meaningful risk metrics. 
• Prepare and deliver risk reporting, dashboards, and presentations for executive management and Board committees, highlighting key risks, trends, exposures, and mitigation efforts. 
• Collaborate with business units and risk owners to establish risk limits, controls, monitoring processes, and reporting mechanisms that effectively manage the Bank’s risk profile. 
• Proactively identify emerging risks and advise management on appropriate mitigation strategies to support organizational objectives and continuous improvement. 
• Develop and deliver procedures, training materials, and educational resources that strengthen risk awareness and clarify stakeholder responsibilities across the organization. 
• Communicate risk events, control weaknesses, and significant findings to management in a timely manner, escalating matters and recommending mitigation plans when appropriate. 
• Support a strong risk culture by promoting adherence to risk management policies, regulatory requirements, and industry best practices. 
• Manage assigned responsibilities in accordance with the expectations of the Enterprise Risk Officer, including effective prioritization, timely completion of deliverables, and compliance with departmental and supervisory requirements.

Compliance Responsibilities 

Complies with all applicable state and federal banking laws, regulations, and internal policies related but not limited to lending, operations, and deposit requirements, including Bank Secrecy Act (BSA), Anti-Money Laundering (AML) requirements, Office of Foreign Assets Control (OFAC) regulations, Customer Identification Program (CIP) requirements, Financial Elder Abuse reporting laws, Sexual Harassment prevention policies, information security and privacy requirements.

Required Knowledge 

• Strong understanding of banking operations, products, services, and processes, including deposits, lending, treasury management, and other core banking functions. 
• Ability to analyze and interpret financial information, including balance sheets, income statements, and related financial reports, and translate findings into meaningful risk insights and management reporting. 
• Working knowledge of Governance, Risk, and Compliance (GRC) systems and their application in managing enterprise risk programs, controls, issues, and regulatory requirements. 
• Comprehensive knowledge of enterprise risk management principles, methodologies, and best practices, including familiarity with applicable