Risk Senior Analyst Job Description
Risk senior analyst
provides risk management support for a line of business or staff agency in key risk identification, measurement and aggregation, and the understanding and management of risk through appropriate practices and processes.
Risk Senior Analyst Duties & Responsibilities
To write an effective risk senior analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included risk senior analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Working with multiple project groups to ensure smooth co-ordination and implementation
Assisting in the implementation of EUC controls
Create and maintain an infrastructure, using standard software applications
Design, build, test, and maintain the AWM Risk Office SharePoint tool to support several of the team's major ongoing programs
Assist the AWM VP of Risk Strategy with designing, documenting and developing the AWM Risk Profile and all its supporting components across Clearing, Service Delivery and Product
Assist and support the AWM VP of Risk Strategy with his analysis and assessment of the RSA Archer system as a potential platform for all future programs of the AWM Risk Office
Assist and support the AWM VP of Risk Strategy and the AWM Chief Risk Officer with the analysis, reporting and execution of the Information Lifecycle Management project as it continues to develop and unfold
Project leader for assigned credit review projects, which includes project planning, execution, reviewing all work papers, ensuring all work meets Risk Review department standards, interaction with business unit management, report writing, ensuring work is completed timely, and providing status updates to Risk Review management
Supervises Risk Review personnel assigned to their projects
Works with the Director of Risk Review and Risk Review Function Leader to develop the Risk Review annual plan, which includes participating in the annual risk assessment process
Risk Senior Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk Senior Analyst
List any licenses or certifications required by the position: CFA, CISA, FRM, CRISC, CISSP, CISM, PRM, CPA, PMP, MS
Education for Risk Senior Analyst
Typically a job would require a certain level of education.
Employers hiring for the risk senior 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, Management, Statistics, Mathematics, Economics, Engineering, Computer Science, Graduate, Accounting
Skills for Risk Senior Analyst
Desired skills for risk senior analyst include:
COBIT
Current real estate market trends
Deep understanding of segment/function business processes
Implementation
Internal control development
Loan documents
Market risk management techniques and an understanding of key risk metrics
Market risk theories
Models and practices
Broad-based business practices
Desired experience for risk senior analyst includes:
Technical skills (Excel/SQL/VBA etc) a plus
Effectiveness of their execution methods and outputs with respect to operational risk management programs
Undergraduate degree – Business, accounting or other analytical field would be preferred
Post graduate accounting or risk management qualification would be considered an asset
An undergraduate or graduate degree in Business, Economics, Mathematics, Finance or other quantitative discipline
FRM, CFA and ERP are desirable, but not required
Risk Senior Analyst Examples
1
Risk Senior Analyst Job Description
Job Description Example
Our growing company is looking for a risk senior 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 risk senior analyst
- Ensure new EORM Operational Risk directives/requirements are disseminated to WM ORM Team, and WM Management as appropriate
- Develop monitoring and reporting capabilities therein
- Provide governing principles and standard practices in the presentation and evaluation of Key Risk Indicators [KRI], Management/EORM Risk Reporting and Risk Appetite [RA] information
- Help ensure relevant learnings/best practices available from CoG’s are communicated clearly to all WM-ORM teams
- Co-ordinate the research, compilation and delivery of any platform Operational Risk Training Initiatives
- Execute Risk & Control Assessment and advanced analytical steps, Special Projects
- Manage critical WM ORM Team archives and reference material – minutes, guidance documents, and supporting evidence for Operational Risk program
- Perform monthly reporting on Audit and Regulatory and Self-Identified Issues and follow up with key business contacts where necessary for feedback and updates
- Create risk based analysis on Audit and Regulatory and Self-Identified Issues
- Support the identification of emerging issues, key risk trends and process and policy violations
Qualifications for risk senior analyst
- Working knowledge of SAS Enterprise Miner, FICO Decision Optimizer, FICO Model Builder or Angoss Knowledge Seeker
- Previous experience in Capital Management and Optimization is a plus
- 5-7 years of experience with forecasting and planning activities
- Demonstrated aptitude to work in a self-directed manner on projects, and also as a team player
- Ability to accommodate shifting priorities and manage to tight deadlines
- Experience with ASP.NET, Python, Java, Perl, Autosys are an asset
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Risk Senior Analyst Job Description
Job Description Example
Our company is looking for a risk senior 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 risk senior analyst
- Participate in the creation, review, implementation, and dissemination of policies and procedures impacting the Controllers team
- Facilitate and coordinate the implementation of enterprise wide risk and compliance initiatives
- Review significant transactions to ensure proper risk controls are in place
- Consults with practitioners, academic community and other financial institutions in researching the development of risk management models for new and existing products
- This position may be a management level role
- Analyze rich user and transaction data to drive business decisions
- Develop strategy and analytical rules to effectively mitigate risk
- Design optimal risk actions that balances the need of risk and experience
- Work with operation team in various regions and cities to define risk policy and processes
- Assist the Management Team in the identification, assessment and mitigation of risk inherent in Controllers
Qualifications for risk senior analyst
- Set up processes for responding to data issues with cross functional teams
- Understanding of residential mortgage pipeline and servicing rights
- Understanding of best practices in corporate governance, such as obtained from PRM or FRM certification
- Extensive experience in a portfolio credit risk analytics role, preferably within consumer finance or equivalent
- Bachelor’s Degree or equivalent, preferably in finance or a related subject
- Team player and self-starter with high energy, positive outlook and professional demeanor
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Risk Senior Analyst Job Description
Job Description Example
Our company is hiring for a risk senior analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk senior analyst
- Develop, draft, and implement Merchant Support risk policies and changes to new policies
- Perform detailed analysis to identify and report on merchant accounts that might incur losses
- Report on monthly/quarterly losses- use processor reporting to create comprehensive in house loss reporting
- Utilize historical data to suggest, implement, process, and review changes to prevent loss in areas with most exposure and loss
- Collaborate with Project Manager, management and partners to implement internal Risk process and policy changes as needed
- Provide quality service to clients as required to meet client expectations and needs and as communicated by the company
- Be accessible to Merchant Support Specialists to escalate risk related issues by answering questions of agents in real time
- Manage personal schedule by independently scheduling meetings and projects when appropriate
- Attendance with Risk Conferences and webinars as needed
- Prepare and / or edit committee charters, policies and procedures, for risk management functions and needs
Qualifications for risk senior analyst
- Develop and maintain reporting to support strategy and policy monitoring using all appropriate quantitative methods and MIS, provide insight on variances and make recommendations to further the achievement of NACCMS business objectives, while controlling delinquency and losses within the approved risk appetite and produce those reports on a regular basis
- Analyze issues and identify potential solutions that further NACCMS and TDBG business objectives
- Become SME on the operational aspects of the credit product lifecycle
- Post-secondary education, preferably in business operations, finance or risk management
- Exposure to pricing methodologies such as Historical Va, Span and Bootstrap
- Project-manage select NACC and TDI TS control remediation efforts and/or NACC and TDI TS involvement within Enterprise control remediation efforts
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Risk Senior Analyst Job Description
Job Description Example
Our company is searching for experienced candidates for the position of risk senior analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for risk senior analyst
- Communicate information about regulatory changes to relevant stakeholders
- Identify risk exposures to ensure that appropriate insurance coverage is obtained through competitive quotations with options for risk transfer
- Partner with brokers to ensure proper insurance policies are in place and if required procure additional insurance coverage
- Evaluate, negotiate and if needed, develop insurance language in contracts, leases, and/or operating agreements
- Manage annual exposure based audits (i.e., Workers comp)
- Interact with internal departments and provide advice on risk management related issues
- Process paperwork and monitor all insurance-related lawsuits and claims for the company
- Develop and maintain insurance budget
- Manage the distribution of evidence of insurance (certificates) to multiple suppliers and business partners to comply with contractual obligations
- Participate in claim settlements quarterly claims reviews with auditors and shareholders
Qualifications for risk senior analyst
- Competence in working with databases, statistical and programming tools including SAS, Access, VBA
- 7 - 10 years of experience in bank credit-related responsibilities (including a minimum of 5 years credit review) working with multiple credit products such as commercial, commercial real estate, asset-based loans, and leases for commercial or residential mortgage lending (1st mortgage and HELOC products), indirect and direct auto products, and consumer credit card products for retail is required
- Monitoring and analysis of the loss performance for the credit card portfolios and making recommendations on key risk drivers
- Updating of various loss forecasting models so that a revised loss outlook/forecast can be produced for various loss planning processes
- Direct relevant work experience is preferred but not essential, including Operational Risk Management, audit and / compliance
- Expertise with self-serve business intelligence tools, specifically SAP Business Objects would be an asset
5
Risk Senior Analyst Job Description
Job Description Example
Our company is looking for a risk senior analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for risk senior analyst
- Supporting the ‘second line of defence’ role by monitoring business unit risk management activities on a weekly, monthly and quarterly basis risk issue, loss event follow-up with the business, assessing completeness of issue recording from potential sources
- Performing market/industry research and analysis to support the emerging risks and scenario analysis processes
- Assist in resolving issues in credit risk strategy analytics including performance measurement, origination strategies, account management strategies and other aspects of credit risk management
- Present the analyses, findings, and recommendations to a broader audience including senior leaders in Risk
- Review the appeals of banned drivers and passengers with allocated SLAs
- Manage and own the fraud baselines, takedown rates and country specific needs that arises
- Communicate analysis and insights to stakeholders, and work with business teams to translate requirements and needs back to the Tech teams
- Update systems (i.e., CARS, CARRS, ROM, and others) as required
- Reconciles the subsidiary of the commercial loans with the general ledger to support the Accounting Department
- Reconciles and balances the delinquency of the commercial loans with the general ledger
Qualifications for risk senior analyst
- 2+ years of Audit or Risk Management experience
- Minimum third level in accountancy/finance or related
- Minimum 4/5 years' experience in a related Risk role/ Risk Management
- Monitoring limit usage and investigating/following up limit breaches or excesses with resolution and/or escalation as required
- Preparation of portfolio reports, responding to ad hoc portfolio queries allowing the efficient management of country risk
- Excellent organizational and time management skills, with attention to detail and ability to multi task and meet target deadlines