Senior Analyst – Front Line Controls Officer

Senior Analyst – Front Line Controls Officer

Requirements

• Candidates with advanced degrees (Associate’s, Bachelor’s, and/or Master’s) preferred, yet a High School diploma or GED is required.
• Minimum of 4 years of experience in risk management, operational risk, or internal audit within the banking or financial services industry.
• Substantial experience in Operational Risk Management, Risk and Control Self-Assessment (RCSA), and Internal Controls Design programs within the banking sector.
• Understanding of risk management frameworks and processes, including identification, assessment and mitigation of risks.
• Ability to design, implement, and assess internal controls to manage risks effectively.
• Strong communication skills for leading workshop discussions and collaborating with stakeholders at various levels.
• Ability to analyze issues, identify root causes of risks, and recommend appropriate solutions.
• Strong organizational skills and ability to manage multiple priorities and timelines.
• Knowledge of OCC Heightened Standards and Regulatory Category IV banking requirements preferred.

Responsibilities

• Assist with the design, implementation, and maintenance of an effective internal control framework across Corporate Responsibility, Human Resources, and Legal departments.
• Assist with documentation of RSCA processes across all Front Line Units (FLUs) to ensure it aligns with regulatory requirements and industry best practices.
• Assist with risk assessment workshops and activities to identify potential risks and control gaps.
• Oversee remediation efforts and ensure timely closure of control deficiencies and audit findings.
• Prepare comprehensive reports for senior management, regulatory bodies, board committees, and Front Line Units detailing control effectiveness, quality assurance outcomes, and action plans for identified gaps.
• Work closely with 1st, 2nd and 3rd lines of defense to ensure that risk management practices are embedded within business processes.
• Assist with training sessions and workshops to enhance awareness and understanding of RSCA processes among staff and foster a proactive risk culture.
• Evaluate and improve methodologies and processes to adapt to changes in the regulatory environment, business operations, and emerging risks.
• Contribute to the development and update of Corporate Responsibility, Human Resources, and Legal policies and procedures.
• Support internal audits and regulatory reviews related to risk identification, risk assessment and control testing.
• Collaborate with senior leadership and department heads to identify and evaluate key risks, implement risk control measures, and monitor risk mitigation efforts.
• Ensure adherence to applicable regulations and banking standards, partnering closely with Compliance, Internal Audit, and other control functions.

Preferred Qualifications

• Knowledge of OCC Heightened Standards and Regulatory Category IV banking requirements preferred.