Risk Analyst II, Risk Appetite Process Improvement, Monitoring, and Reporting (Remote)
First Citizens Bank
Overview This is a remote role that may be hired in several markets across the United States. This position is responsible for researching, developing, data gathering, and executing risk procedures on an advanced level in support of the Enterprise Risk Appetite program. Recommends improvements to current processes and procedures, and ensures compliance with relevant rules and regulations. Responsibilities Identifying Adherence gaps - Creates and implements quality control and assurance evaluation methods. Develops strategies and solutions to address evaluation results, and monitoring to ensure developed solutions are effective. Data Analysis - Sources, compiles, and interprets data. Performs analysis for risk trends and data discrepancies, effectively communicates analysis output. Reporting - Produces reports based on data analysis, company trends, and risk factors. Conveys patterns, problems, and areas of improvement. Enables insight into potential losses and mitigation of identified risks through reporting activities. Operational Support - Supports business processes through a variety of escalated operational tasks. Develops, implements, and ensures continuous improvement of procedures. Acts as a resource to management and other associates, including production of documentation, presentations, or other materials to educate on risk policies and procedures. Principal Accountabilities: Support maintenance and development of the Key Indicator module and KI data within the Archer GRC platform. Partner with ERM Technology teams to design and develop enterprise reporting to ensure adherence to the Risk Appetite Framework and Standards. Facilitate the review and update of the Risk Appetite Statement (RAS), and associated Key Indicators (KIs), to ensure alignment with the Bank’s risk appetite and strategic objectives. Assist with training Second Line on Program expectations regarding supporting analysis, documentation, and effective challenge of First Line Risk Appetite proposals. Assist with monthly and quarterly Risk Appetite reporting, including the escalation of Risk Appetite threshold breaches and risk responses to the Board for approval. Update and monitor adherence to the Risk Appetite Standards and Procedures in alignment with industry and regulatory expectations. Partner with key internal stakeholders to maintain awareness of organizational risk appetite. Identify process deficiencies and escalate applicable issues to management. Identify process deficiencies and escalate applicable issues to management. Qualifications Bachelor's Degree and 1 years of experience in Risk Analytics or Analytics OR High School Diploma or GED and 5 years of experience in Risk Analytics or Analytics Preferred Qualifications: Large Financial Institution (LFI) experience working in first and/or second-line risk functions Strong knowledge of Risk Appetite program requirements, including development and management of Risk Appetite qualitative statements and quantitative key indicators Knowledge of risk management techniques and best practices, including a working knowledge of Risk Frameworks and regulatory guidance (e.g., FDIC, OCC, FRB, CFPB) Direct working experience, as a user and/or admin, with Archer or similar GRC platforms Proficiency in project management, languages, business intelligence methodologies, and applications (i.e., SQL, Tableau, PowerBI, etc.) Skills: Excellent communication skills, both verbal and written Exceptional analytical, organizational, and problem solving skills Ability to prioritize and manage multiple projects at a time Advanced Microsoft Office skills including Excel, PowerPoint, SharePoint/Teams This job posting is expected to remain active for 45 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants. The base pay for this position is generally between $76,000 to $110,000. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment. First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.
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