Enterprise Risk Analyst II

Overview

Support the growth and administration of the Enterprise Risk Management (ERM) program at the enterprise level (second line of defense), including implementing and improving the corporate framework used to identify, analyze, measure and monitor enterprise risks (role also may expand to incorporate enhancing the framework). Drive consistent use of the ERM framework by leading risk assessors through risk identification, risk rating, maturing the Risk Appetite and enhancing risk reporting. Lead or participate in ad hoc projects as needed.

Responsibilities

• Assist with the development of an enterprise framework for management of enterprise risk including identification, analysis, measurement, control, monitoring, and reporting of risk
• Contribute to development and evolution of Navy Federal's risk appetite framework, including KRI reporting and governance.
• Partner with business and support areas to ensure risk management processes are effective and representative of best practices
• Use analytical skills to conduct risk identification and reporting, design & drive process excellence and optimization efforts to mature the risk identification program
• Analyze results of enterprise risk assessments, engage in effective challenges, and recommend/pursue follow-up as warranted
• Monitor mitigation and remediation efforts on control deficiencies to ensure appropriate and/or agreed upon corrections
• Act as ERM liaison to multiple business units; provide advice and guidance to risk owners and subject matter experts through the lifecycle of enterprise risk assessments
• Provide thought leadership and contribute to the development of dashboards, scorecards, and reports to support management and the executive team in its evaluation of enterprise risk
• Support the Senior Vice President and Vice Presidents of Enterprise Risk by providing information for internal working groups, committees and other forums as needed
• Assist with the development of policies, procedures, documentation, and training materials related to enterprise risk management
• Contribute to the development of the enterprise's GRC system and assist with the buildout of the system's capabilities
• Develop strong collaborative relationships with team members, management, key stakeholders and/or external contacts (vendors, etc.)
• Stay abreast of applicable federal, state and industry laws, regulations, and guidelines.
• Perform other duties as assigned

Qualifications

• Strong knowledge of banking/financial industry standards and practices.
• Ability to understand, analyze and interpret government and financial industry regulations, related principles and practices, and company procedures and policies.
• Minimum of 5-7 years of hands-on experience with enterprise risk assessments at a large financial institution.
• Experience with developing business scenarios and providing effective challenges to underlying assumptions.
• Proven ability to manage multiple priorities independently and/or in a team environment to achieve goals.
• Proven ability to influence, instruct and build consensus with internal and external business partners and stakeholders.
• Strong research, analytical and problem-solving skills.
• Strong verbal and written communication skills, with the ability to convey findings, conclusions, and recommendations clearly and concisely.
• Strong organizational, planning and time management skills.
• Intermediate-level word processing and spreadsheet software skills
• Bachelor's Degree in business administration, economics, statistics or mathematics, or equivalent combination of training, education, and experience.

Desired Qualifications

• Experience with consumer lending or deposit-taking businesses, information technology/security, payment processing or digital banking activities at a financial institution
• Experience using a well-known GRC system
• Working knowledge of SAS, SQL, SPSS, Tableau or other data analysis or visualization tools
• Master's degree in business administration, economics, statistics, mathematics or equivalent combination of training, education, and experience

Hours: Monday - Friday, 8:00AM - 4:30PM
Location: 820 Follin Lane Vienna, Virginia 22180

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