Enterprise Risk Mangement Analyst I

Summary

Supports the CRO regarding all aspects of the ERM and Third Party Risk Management (TPRM) programs. Responsibilities include facilitating the identification of risks throughout the organization, developing, reporting and monitoring on risk management issues and assisting with the assessment of risks throughout the organization.

Principal Accountabilities

• Assist with overall administration of the ERM Program:
• Preparation of the Quarterly ERM Dashboard and reports.
• Prepare ERM related board reporting.
• Coordinate Internal Risk Assessment process.
• Annual bank wide risk assessment
• Coordinate communication with business partners to update content as necessary.
• Work with business partners on any recurring risk assessments that are outside of the annual bank wide process.
• Maintain documentation of assessments within ERM platform
• Include results in Quarterly ERM reporting.
• Monitor regulatory and industry sources for best practices in terms of risk assessments.
• GRC Platform - Primary responsibility for maintaining GRC platform.
• Periodically review to ensure using to full potential.
• Perform periodic data quality and data integrity reviews.
• Coordinate DFC/AFB/AB insurance program.
• Maintain appropriate documentation related to policies, claims and renewals.
• Submit and track claims on the various insurance policies.
• Coordinated annual policy renewals.
• Respond to internal insurance related requests such as lease reviews and COI requests.
• Assist with Audit or Regulatory related insurance requests.
• Maintain centralized system for internal policies and procedures.
• Manage GRC system with current versions of bank approved policies.
• Work with various policy holders to ensure changes are reflect in approved copy on GRC system.
• Ensure downloads of policies to the intranet are current.
• Collect and convert critical departmental procedures to central GRC platform.
• Ensure appropriate policies are updated/approved as required and that appropriate approval is documented in GRC platform.
• Third Party Risk Management - (TPRM)
• Assist TPRM manager as needed.
• Collecting, uploading and maintaining TPRM documentation on official TPRM platform.
• Ongoing data reviews to ensure data integrity
• Loading New Vendors onto TPRM platform.
• Participate in annual review process
• Maintaining current list of vendors
• Clearing outstanding items
• Assist with TRPM Reporting to Senior Management and Board
• Advance the adoption and development of advanced technologies—including AI tools, robotic process automation (RPA), and other automation solutions—to enhance efficiency, accuracy, and scalability across all DFC Risk Departments.
• Support ERM projects and initiatives to drive improvements to key processes and controls.
• Partner with process owners to identify, assess, monitor, measure, and report on various key risk indicators.
• Other duties as assigned.
• Regular attendance is required, working at the worksite during regular business hours and/or assigned hours.