Risk Reporting Job Description
Risk reporting
provides technical solutions / support to MI lead with emphasis on data extraction / manipulation / reporting using EXCEL, ACCESS, SAP BW, COGNOS, QLIKVIEW, VBA and BUSINESS OBJECTS.
Risk Reporting Duties & Responsibilities
To write an effective risk reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included risk reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide operational risk analytics to the OR team and business leaders with insight into businesses key risk areas both on a current basis on a predictive basis
Leading the development, implementation, and maintenance of risk reports covering most asset classes
Pro-active delivery of both tactical and strategic enhancements to relevant processes including the development and standardization of credit risk reporting across the Wholesale lines of business (Corporate & Investment Bank
Ensure that all material market risks are captured such that reports and risk measures are complete and accurate
Implement tactical process improvements to minimize day to day operational risks while improving operational efficiency
Contribute to a strong control environment, effectively communicating change requirements where infrastructure and process enhancements are required
Ensure alignment with internal policy and regulatory requirements
Maintain consistent methodology documentation, through appropriate change control and governance
Review and update existing documentation for critical processes and document new processes in standard templates
Determining the information that should be aggregated at various levels, including product, business, legal entity and Enterprise
Risk Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk Reporting
List any licenses or certifications required by the position: CFA, FRM, CRISC, CISM, CISSP, CISA, CECRL, B2, SAS, SQL
Education for Risk Reporting
Typically a job would require a certain level of education.
Employers hiring for the risk reporting 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, Economics, Engineering, Mathematics, Statistics, Management, Accounting, Education, MBA
Skills for Risk Reporting
Desired skills for risk reporting include:
Business Objects
Microsoft Excel and Access
MS Excel
Market risk metrics and financial products
Financial products
SQL
Financial markets
VBA
Access and VBA
Market and liquidity risk metrics and financial products
Desired experience for risk reporting includes:
Minimum of three to five years of financial reporting, audit, or control experience
Experience in working with global teams across multiple divisions is a plus
The nature of work requires an independent view from that held by the business, so the incumbent must overcome potentially adversarial situations and find mutually acceptable solutions
Some stress due to the nature of work and reporting deadlines
Undergraduate degree in Finance or Computer Science
Strong financial background with broad and diverse business knowledge of commercial credit
Risk Reporting Examples
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Risk Reporting Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of risk reporting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk reporting
- Ad-Hoc and “deep-dive” presentations on risk topics of interest to the Board and the US Risk Committee
- This position must escalate risk issues arising from analysis completed
- Gather and analyze data for incorporation into risk reports
- Create visual representations of relevant data to support conclusions
- Create summaries of reporting packages for various internal and external audiences
- Prepare first drafts of executive-level presentations
- A Masters degree in a quantitative subject, or the equivalent experience or qualifications
- A high degree of personal initiative and the ability to work under time pressure
- Able to establish contacts easily inside and outside the Bank
- Willing and able to travel globally
Qualifications for risk reporting
- Strong, professional interpersonal skills needed
- Core banking product knowledge
- Understanding of Basel regulations /regulatory reporting
- Understanding /knowledge of the Risk Data Aggregation (RDA) program
- Understanding of Risk Reporting Processes and ability to work with Risk Reporting Leadership (LOB and Central teams)
- Ability to assist in defining and document a new process, and train new hires on new processes
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Risk Reporting Job Description
Job Description Example
Our growing company is looking for a risk reporting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for risk reporting
- Create and implement methodologies of MTM exposure forecasting, stress testing, scenario analysis, and model’s backtesting
- Oversee modeling process optimization and associated modeling documentation
- Design and implement meaningful risk metrics and methodologies
- Oversee an integrity and accuracy of credit exposure reporting
- Reviews files after they have closed each month
- Ensures the documents used in the loan were appropriate to use, signed and done correctly
- Ensures each program has a set of guidelines and will review file to see if they were followed
- Makes notes on issues seen in the file
- Logs findings and comments in the system
- Sends exception memos to management/regional offices with a deadline to correct exceptions noted
Qualifications for risk reporting
- Ability to provide detailed analysis of test results from test execution, which includes defect reporting and remediation
- Coordinate with HR and training to ensure updates and accuracy of information being reported and build strong working relationships with Operations, Compliance, Finance and Legal teams
- Create and manage an inventory of required documentation for regulatory compliance
- Knowledge of programming skills such as C++, Cobol, JCL, Java
- Ability to work in UNIX using Putty
- Proficient with standard PC software applications such as Excel, Word, Access and PowerPoint
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Risk Reporting Job Description
Job Description Example
Our growing company is looking to fill the role of risk reporting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk reporting
- Responsible for conducting audits on Cash Management, Investor Reporting, Flood, Default and Modifications, Post Closing, New Loan Setup, Taxes & Insurance
- Logs findings from the audits and sent to management
- Notifies management of action items that the field has to complete and return
- Produce model risk metrics/reports on a monthly basis for senior management meetings to the Model Oversight Committee, Firm Risk Committee, and Board Risk Committee
- Supports and drives the roadmap for establishing the Technology Risk Strategy & Reporting service areas
- Design, develop and implement an automated technology control testing solution
- Sets policies for documenting existing control procedures
- Develop a simplified Technology Risk Reporting with Key Risk Indications (KRIs)/ Key Performance Indicators (KPIs) content creating transparency for each level of TRM Domains
- Coordinate and support on regulatory reviews and audits (Planning, Collect and deliver information/data to REA/Compliance/COO, track delivery status of requests/queries until closure)
- Coordination /support on information requests/new regulations/consultations/surveys/thematic reviews (Planning, collection of information)
Qualifications for risk reporting
- Proficient with Microsoft Excel, Access
- To have people management responsibility accountability to deliver key projects the team is involved in
- A Bachelor’s Degree in Management Information Systems, Computer Science, or a related field is preferred or commensurate relevant work experience
- Knowledge of derivative products, emerging regulations (Volker, IHC, ) and market risk metrics
- Self-motivated, well organized and positive attitude
- Performing validation checks on market risk movements as part of the daily BAU reporting process.This will involve evaluation and analysis of market risk exposures by employing statistical and other approaches
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Risk Reporting Job Description
Job Description Example
Our company is searching for experienced candidates for the position of risk reporting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk reporting
- Represent RFDAR Risk Reporting team to senior management stakeholders
- Translate risk reporting testing requirements into understandable, clear and usable output for use of senior risk management
- Provide risk expertise to engage with stakeholders, understand and translate requirements and consult on interpretation of results
- Analysis including any changes to the risk inputs and measures
- Ensure all duties for assigned functions are performed on-time, accurately, and in a manner that complies with pertinent laws and regulations
- Monitor, correct, approve and/or reject work performed by others throughout the bank as it relates to escheatment of unclaimed property, e-mail transmissions, and other duties assigned
- Champion process improvements and system enhancements as applicable
- Provide subject matter expertise related to complex functions performed
- Work with Group and other regional teams to continuously improve group wide risk reporting
- Interpreting business requirements to define business requirements and analytical needs
Qualifications for risk reporting
- Supporting the bank's model risk appetite framework, model risk aggregation process and reporting for all model groups meeting specific legal entity requirements
- Assist in conducting periodic assessments of key risk indicators for banks' model risk dashboard
- Effectively using bank's model inventory database for model risk reporting, model risk appetite dashboard
- Contribute to the developing of model risk appetite policy and manuals
- Apply qualitative and quantitative controls around all model categories for all the risks identified
- Be up to date about regulatory requirements and adapt to the requirements through model documentation templates, infrastructure and model risk policy reviews
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Risk Reporting Job Description
Job Description Example
Our innovative and growing company is looking for a risk reporting. 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 risk reporting
- Partner with Risk Assessment and Control Monitoring teams to identify key risk and control indicators (collectively, Key Indicators)
- Along with the Data Analytics manager, perform analysis of requests for the production of data analytics reports to determine level of complexity, necessary report controls (completeness, accuracy, restricted access), and prioritization of requests in the queue
- Work with the KI Manager, Quality Assurance Director, and other key individuals to develop metrics that will support conducting risk assessments for business line products
- Explore and implement tools to help the department be more effective presenting data to Corporate and Commercial Banking management, including data visualization tools, dashboard tools, survey tools
- Provide strategic direction and support for reporting of risk related data across Corporate and Commercial Banking
- Supervise 2-3 Compliance Analysts / Officers with respect to the risk analytics and reporting responsibilities
- Supervise 3-4 Compliance Analysts / Officers with respect to the compliance testing responsibilities
- Develop and foster a high-performing culture that provides learning and continuous improvement opportunities for staff
- Execute supervisory activities including performance reviews, corrective action documentation, and other tasks as needed
- Produce high quality standard monthly reporting to CBPF executive and governance forums supported by robust analysis and commentary
Qualifications for risk reporting
- Experience working with large and diverse data sets
- Collate, synthesize and enable effective presentation to senior Bank executives and committees
- Responding to data and analysis questions from management or stakeholders
- Ensuring that analysis processes and data output adhere to policy standards and guidelines
- Providing recommendations on how to structure various types of reports, dependent on end user requirements
- Lead and facilitate the Governance Scorecard, Risk Reporting, and Board Reporting processes including analysis and resolving Segment Partner inquiries