What are the responsibilities and job description for the Enterprise Risk Management Analyst position at Horizon Bank?
JOB OVERVIEW
The Enterprise Risk Management Analyst I (“Analyst”) assists the enterprise risk management (ERM) management in assessing, identifying, mitigating, and monitoring the corporation’s key risks as a means to protecting the long-term safety and soundness of the Company. The Analyst implements the development of the organization’s enterprise risk management program as directed by management. This role will use critical thinking, problem solving, data analysis, and analytical skills to coordinate, improve, and/or lead a wide variety of risk management functions. This includes but is not limited to senior management and committee reporting, monitoring and reporting for the enterprise risk management program. They may also coordinate reporting for model risk management, cybersecurity, and vendor management as well as other duties as assigned by senior management and the Chief Legal and Risk Officer.
PRINCIPAL ACCOUNTABILITIES
The Analyst monitors and reports on company risks and risk mitigation efforts as directed by senior management.
This role assists stakeholders to identify, assess, aggregate and document risks and controls, including risks associated with new or modified products, services, distribution channels, regulations and third-party operations utilizing maturing knowledge. It also assists in communicating the results of risk assessments to senior management, business process owners, and various levels of leadership. Supports the implementation of new risk policies, practices, appetites, and solutions to ensure holistic understanding and management of risks according to industry best practice.
The Enterprise Risk Management Analyst supports processes that focus on enhancing strategies, tools, and methodologies to measure, monitor, and report risks. This role collects, manages, and analyzes ERM data in Governance, Risk, and Compliance applications and reports ERM metrics and analytical results. The Analyst applies maturing knowledge to participate in producing analytical material for discussions with cross functional teams to understand material for discussions with cross functional teams to understand business objectives and influence solution strategies. The Enterprise Risk Management Analyst contributes in cross-functional teams to identify, assess, aggregate, and mitigate current and emerging risk events. This position assists in the formulation of stress test plans for a line of business or the enterprise including the evaluation of results and framing of contingency plans in partnership with key business stakeholders.
The Enterprise Risk Management Analyst represents the Bank to both internal and external customers in a courteous, professional manner in face-to-face, written and telephone communications. The role is accountable for adherence to all applicable regulations, including anti-money laundering and financial crimes, compliance standards, quality of documentation, as well as timeliness and volume of audit activity; and actively protects the confidentiality of customer and account information. The Analyst demonstrates Horizon Bank’s commitment to the communities we serve through active involvement in local organizations and events.
Would you like to hear more?
Colin Mahoney, Sr. Talent Acquisition Specialist
Horizon Bank
cmahoney@horizonbank.com