Enterprise Risk Management Analyst

New York, New York
Hybrid
Salary range: $140,000 - $170,000

The Enterprise Risk Management Analyst reports directly to the Head of Enterprise Risk at Apple Bank and is responsible for providing independent oversight and constructive challenge regarding risks throughout the organization. This position supports the implementation of the Bank’s operational risk framework, which includes activities such as risk and control assessments, control testing, exposure monitoring, management of issues and actions, key risk indicators, scenario analyses, business continuity planning, etc. Furthermore, the Analyst is tasked with identifying bank wide risk issues, monitoring risk profiles to ensure alignment with the established risk appetite, facilitating escalation processes, ensuring accurate risk reporting to governance committees, and assisting business lines in identifying and promptly reporting incidents.

• Risk Assessment: Conduct comprehensive analyses of the Bank's credit, liquidity, interest rate, and capital risk exposures, utilizing stress testing and scenario analysis to ensure robust evaluation.
• Risk Mitigation: Implement effective risk mitigation strategies and action plans to minimize the impact of identified risks across credit, liquidity, interest rate, and capital categories.
• Policy Development: Formulate and maintain risk management policies and procedures that align with regulatory requirements and industry best practices.
• Monitoring & Reporting: Monitor risk exposures and prepare regular reports for senior management and contribute to the development of key performance indicators (KPIs) and key risk indicators (KRIs) for risk management.
• Collaboration: Engage collaboratively with departments such as Lending, Finance, Treasury, Internal Audit, Legal, and Compliance to promote an integrated risk management approach.
• Credit Scoring Models: Provide support to the Chief Credit Risk Officer in the maintenance and evaluation of the Bank’s credit scoring models.
• Committees: Serve as secretary on multiple risk committees, responsible for recording and distributing meeting notes and minutes.
• Country Risk Management: Assess country risk profiles, assign risk ratings, report on risk concentrations, and evaluate downside scenarios.
• Toolset Administration: Lead administration of governance, risk & compliance (GRC) systems to facilitate risk-related activities, including issue and action management, risk assessments, and control testing.

• Gather and utilize data to identify risk patterns and provide decisions or recommendations based on risk assessments.
• Communicate with business partners to understand risk factors and the effectiveness of controls.
• Manage the GRC toolset in collaboration with stakeholders to facilitate risk related activities such as issue remediation, self-assessment, control testing, and policy management.
• Perform additional responsibilities as assigned.

• A high school diploma or GED is required; bachelor's degree is preferred.
• 3–7 years of risk management experience within the financial services industry, with a focus on at least one area: credit risk, liquidity risk, market risk, or enterprise risk management.
• Comprehensive knowledge of risk management principles, regulatory frameworks, and industry best practices pertaining to credit risk, liquidity, interest rate, and capital risk.
• Advanced proficiency in risk management software and related tools, including the Microsoft Office Suite (Excel, Word, PowerPoint, Power BI, & Power Builder).
• Capability to produce and interpret complex Excel reports for monitoring trends, variances, and exceptions.
• Superior analytical, problem-solving, and decision-making abilities.
• Exceptional written and verbal communication skills to effectively engage with stakeholders across all organizational levels.
• Demonstrated ability to manage multiple projects simultaneously and foster relationships with senior leadership and key stakeholders.
• Highly organized, with meticulous attention to detail and strong follow-through skills.
• Proven adaptability to different industries and business contexts.
• Capacity for self-direction, analysis, evaluation, and the formation of independent judgments.
• Strong commercial acumen, exercising discretion with confidential and sensitive information.
• Robust strategic and critical thinking capabilities, including the aptitude to assess challenges and develop effective solutions.

• Demonstrates a high level of integrity, adherence to ethical standards, and exercises sound judgment.
• Capable of working independently as well as collaboratively within a team environment.
• Must possess a positive attitude and dependable work ethic.
• Establish and maintain productive working relationships with a diverse group of stakeholders, including vendors.
• Adept at coordinating multiple activities simultaneously and prioritizing tasks with minimal supervision.
• Manage confidential materials and information with the utmost discretion.
• Some travel for mandatory training may be required.