Job Title

Operational Risk Analyst

Banesco USA is seeking an Operational Risk Analyst for our Risk Management Team.

Primary Job Duties:

• Coordinates operational Risk and Control Self-Assessments (RCSAs) across the various bank areas; serving as an operational expert to challenge and improve the identification and mitigation of operational risks.
• Reviews background information about the activities relative to the business unit to gain a broad overview of the area being assessed.
• Collaborates with Risk Owners to assess key processes, risks, mitigating controls and action plan development to address any gaps identified.
• Investigates operational risk events along with the appropriate department and performs root cause analysis to recommend improvements.
• Records and updates the operational risk events register.
• Records in tracking tool and monitors the implementation of action plans to address residual risks on the RCSA results and operational risk events mitigation plans.
• Validates the implementation of action plans by the process owners.
• Assists in preparing reports to Board Risk Committee.
• Performs operational risk reviews of new or existing products, services, or other exposures.
• Works with other departments to foster a strong operational risk culture across the bank.
• Responsible for completing annual training program assigned.
• Performs other functions and/or duties as assigned.

Job Requirements:

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or similar field is preferred.
• Experience: Five (5) or more years of experience in Banking, Financial Services, Operational Risk Management or have similar internal audit experience.
• Knowledge of banking laws and regulations.
• Knowledge of COSO and ERM frameworks and experience in root cause analysis, fraud prevention and risk mitigation / audit.
• Advanced computer skills including but not limited to Microsoft Office (Word, Excel, Power Point, etc.).
• Must be fluent in English. Proficiency in Spanish is preferred.
• Proven ability to challenge business operating units with regards to first line and second line functions.
• Ability to work independently under minimum supervision and being a proactive learner.
• Demonstrated capacity to effectively prioritize tasks, multitask, complete tasks producing high quality results, and consistently meet deadlines.
• Strong written and verbal communication skills with ability to interact at all levels of the organization.
• Strong attention to detail and accuracy.
• Strong analytical and quantitative skills.
• Strong presentation skills to various levels of the organization.
• Strong customer service skills, ensuring satisfaction of both internal and external customers.
• Ability to work in a fast-paced environment.

Benefits:

• Competitive Salary.
• PTO
• Hybrid Work Model (remote and on-site work)
• Tuition Reimbursement.
• Paid Parental Leave
• Medical, Dental, Vision
• 401k
• Life Insurance
• Supplemental Insurances
• Short-Term & Long-Term Disability

About Us:

Banesco USA is part of Banesco International, a worldwide group of financial institutions with a presence in 15 countries.

As a corporation in continuous evolution, we promote the ongoing professional and personal development of our employees, by embracing challenges and adapting to the changing environment of today’s world. We aim to develop integral human beings, committed to making a difference at the workplace and out in the world.

Our actions are rooted in our Values: Reliability, Responsibility, Quality, and Innovation. We believe that we all have the same ability to transform our daily tasks into significant contributions, and therefore, Leave Our Mark.

At Banesco USA, one of our most valued assets is our enthusiastic team, which strives every day to create a world-class organization in an ever-changing world. Together, our team has made us a market leader and we invite you to join us.

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