Enterprise Risk Analyst Job Description
Enterprise risk analyst
provides analyses and recommendations to support risk owners and business groups on risk related regulatory proceedings such as Risk Analysis and Management (RAMP), Safety Model Assessment Proceeding (SMAP), and Governance, Risk, and Compliance (GRC).
Enterprise Risk Analyst Duties & Responsibilities
To write an effective enterprise risk analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included enterprise risk analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Perform analyses, identify trends, and create reporting for internal and external use, including for the Company’s Risk Management / Corporate Governance Committee
Support ERM projects and initiatives to drive improvements to key processes and controls
Assists with processes for assigned enterprise risk programs, which can include designing and launching workflows, tracking status, following up with users to ensure task completion, and reporting status and results
Partner with process owners to identify, assess, monitor, measure, and report on various key risk indicators
In conjunction with other risk management areas in the lines of businesses, helps develop, implement, monitor, and manage market, credit, liquidity, regulatory/compliance, and operational risk mitigation programs for the enterprise
Conduct risk evaluations of third-party service providers (vendors, outside service providers) and ensure appropriate due diligence is performed to identify, mitigate, and maintain ongoing awareness of risks to the Company resulting from third party relationships
Perform analysis of proposed new products to ensure new initiatives commence in a manner that minimizes risk to the organization
Support business areas with day-to-day risk/compliance questions in regard to business processes
Identify parts of the business that require or would benefit from formalized or improved business processes/controls, and assist with development and implementation of such process/control enhancements
Partner with business areas to evaluate process or control breakdowns (including root cause analysis)
Enterprise Risk Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Enterprise Risk Analyst
List any licenses or certifications required by the position: FRM, PRM, CFA, CISA, CPA, CRM, CIA, CRCM, CBCP, CERA
Education for Enterprise Risk Analyst
Typically a job would require a certain level of education.
Employers hiring for the enterprise risk analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, Accounting, Economics, Management, Education, Statistics, Mathematics, Business/Administration, Graduate
Skills for Enterprise Risk Analyst
Desired skills for enterprise risk analyst include:
Integrated GRC principles/framework
Bank operations
Corporate governance
Financial market infrastructure and regulatory environment
Financial markets
Process improvement
Products and services
Project management
Regulatory environment and expectations
Risk management frameworks
Desired experience for enterprise risk analyst includes:
Assist in development and improvement of operational policies, procedures, and guidelines that support key business functions and include appropriate internal controls
Perform testing to monitor ongoing compliance with company policies and procedures
Coordinate and support business areas with internal/external audits, including resolution of issues
Identify gaps in market risk reporting processes, both qualitatively and procedurally
Coordinate with other GECC Enterprise Risk members to ensure appropriate linkage between elements
Must be willing to work out of an office in Jacksonville, FL
Enterprise Risk Analyst Examples
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Enterprise Risk Analyst Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of enterprise risk analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for enterprise risk analyst
- Facilitating delivery of Front Office initiatives, such as system migrations and new products, ensuring Market Risk requirements are met
- Providing analytical support to the risk system’s users to ensure that calculated and reported risk measures (such as VaR, Stressed VaR, Stress Testing Results, sensitivities etc) are robust and well understood
- Coordinates Operational Risk Committee meeting materials and disseminates to Committee members
- Engage model builders (Market Risk, Front Office, ) and related function groups personnel as necessary in order to pro-actively assess, document, and independently validate mathematical models and their usage by the bank
- Act as a SME on the banks chosen enterprise risk reporting tool (SAP BO) to create and maintain training material interface with the current risk data SME to develop knowledge on credit risk data
- Data mining, reporting and database modeling experience is required
- Defines team’s deliverables, content and quality metrics/Sets direction and vision for the team
- Manages performance, reward and recognition/Establishes succession plan for key positions, including own
- You will develop a thorough understanding of regulatory liquidity metrics including Basel III LCR, NSFR, NCCF and FSA
- Produce high quality regulatory and internal liquidity risk reports – LCR(daily), NSFR (monthly), NCCF (monthly), FSA (monthly) and Internal NCF (Daily)
Qualifications for enterprise risk analyst
- 1 or more years' experience in Audit (Internal /External) or Operational Risk & Control testing or Compliance testing
- Bachelors degree in business finance economics statistics accounting or other applicable discipline or equivalent experience
- CIA CPA or MBA preferred
- Job-specific knowledge requirements, for example
- Job-specific skill requirements
- Advanced degree in a quantitative discipline such as Math, Physics, or Finance
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Enterprise Risk Analyst Job Description
Job Description Example
Our growing company is looking for an enterprise risk analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for enterprise risk analyst
- Assists in the risk-rating of quantitative models
- Performs validation of quantitative financial or operational models according to a risk-based schedule and prepares validation reports
- Tracks open model validation issues to completion
- May assist with the assessment of risks (including credit, market, business and operational risks) and facilitates the implementation and integration of risk management activities at all levels of the Bank
- May conduct or facilitate risk assessments, incorporating collaborative qualitative and quantitative analyses, to identify current and/or emerging risks
- Acts as an internal advisor/partner to Bank business units regarding risk management matters
- Assists business units in the enhancement of controls, monitoring and performance measurement, as necessary
- Assists with the development, review, enhancement and implementation of related risk management policies, procedures, monitoring activities and controls
- May prepare status reports, key metrics and other risk-related and dashboard reporting in accordance with the ERM program and ad hoc, as requested by management and/or the Risk Council
- Maintains awareness of the current regulatory/industry trends impacting the Bank's risk management principles, policies and procedures
Qualifications for enterprise risk analyst
- Previous internal audit, public accounting, construction audit, or similar experience preferred
- Previous experience designing and executing risk assessments required
- Strong ability to influence at all levels of the organization and present to Board of Directors
- Demonstrated success in managing complex projects within defined milestones in a timely and efficient manner, including ensuring accuracy while managing multiple/competing tasks
- Strong qualitative and quantitative analytical skills, the ability to prioritize and must have solid time management skills
- Available to travel up to 25% of the time for training, partner collaboration
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Enterprise Risk Analyst Job Description
Job Description Example
Our company is looking for an enterprise risk analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for enterprise risk analyst
- Successfully completes all required training and special projects as requested
- Prepare reporting for Management to monitor performance of models
- Participate in meetings with model owners to discuss current portfolio tracking and business observations
- Produce reports to track validation status and results for management and regulators
- Work with business stakeholders across multiple teams, the project manager, development manager, developers, business analysts, and quality assurance teams to ensure that the project is delivered on time and within budget
- Coach and lead junior members of the team in business requirements gathering and documenting process
- Respond to alerts or incidents, diagnose, and resolve any service disruptions
- Enhancement and maintenance of Risk Appetite Framework (RAF) of AXP
- Running multiple concurrent production processes
- Ensure report and analytics production to successful On time/ On Scope/ On Budget delivery
Qualifications for enterprise risk analyst
- Raise awareness and understanding of operational risk and control concepts and their relevance to strategic and operational business activities
- Working with the various ERM Business Risk Managers and CRO Bank to advise and challenge the Business on the application and maturity of the operational risk management framework and policy components, including
- Review and challenge the Business in its pro-active consideration of the risk and control implications of key projects and change management initiatives
- Contribute to the development and maintenance of the operational risk scenario analysis programme where required including providing the updates to the scenario documentation, attending workshops and completing actions post-workshop and through the governance process
- Challenge applicable operational risk appetite statements, any supporting metrics and thresholds and provide reporting and insights where appropriate
- Bachelor's degree in risk, finance, mathematics or statistics or related discipline with 5+ years of risk management, consulting or operations experience
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Enterprise Risk Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of enterprise risk analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for enterprise risk analyst
- Be accountable for identifying, measuring and communicating production issues and risks
- Analyze and capture functional and technical requirements through collaboration with SMEs (other technical leads and business analysts)
- Provide regular and thorough status reporting on production
- Actively support and liaise with RQA team across PRI and LON
- Manage the team’s analytics and production
- Flexible to pick up adhoc reporting requirements and tasks
- Manage workload to successfully meet set deadlines, adhere to monthly team schedule and assisting other team members when required
- Ensure that all the requirements are competed on a timely basis with the highest level of accuracy and delays and issues are timely escalated
- Responsible for developing and maintaining up-to-date process flow documents for all tasks related to assigned processes
- Partner with Performance teams globally to present a consistent client experience catalyzing a common culture
Qualifications for enterprise risk analyst
- Strong knowledge of risk management principles, financial modeling, and banking systems and processes required
- Must have quantitative modeling or analysis and data management skills
- Strong interpersonal, verbal, analytical and written communication skills
- Extensive knowledge and experience with various reporting and analysis tools including Excel, Brio and MS Access required
- Demonstrated ability to develop/run complex queries and create reports and presentations
- Provide technical financial & insurance risk advice and expertise to the CROs, Heads of Risk and ERM Business Risk Managers
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Enterprise Risk Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of enterprise risk analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for enterprise risk analyst
- Foster partnership efforts with other areas of the Company subsidiaries to ensure consistency in approach and implementation of the ERMF
- Administration of SunTrust’s new committee structure and the associated SharePoint site
- Develop and maintain relationships with committee secretaries and chairs
- Train committee secretaries on policy and charter approval process
- The ERM Aggregation Analyst II will work within Enterprise Risk Management (ERM) and will be responsible for assisting the Enterprise Risk Manager in the execution of components of the SC risk management information infrastructure and data/reporting aggregation program
- Research and define risk and information security requirements
- Work individually, or as part of a team, on projects that focus on reducing expenses, increasing growth and identifying/mitigating risk
- Proactively leverage external data vendors to research and track construction contracts for domestic and international projects exceeding $250M+
- Manage the internal Large Contract Review website, including updates to project information and maintaining contract documents as needed
- Gain in-depth understanding of construction contracts, such as type, terms and conditions as related to the Large Contract Review function
Qualifications for enterprise risk analyst
- Financial accounting, statistical analysis, and understanding of economic principles
- In depth knowledge
- 1 to 2 years' experience related to internal audit or internal controls audit is required
- Prior experience in risk management or risk assessment experience at a financial institution or in consulting preferred
- Bachelor’s degree in business administration, finance, accounting, economics, statistics, mathematics or equivalent
- Minimum 1 year experience in a Banking, Risk Management or Quantitative Role is a plus