What are the responsibilities and job description for the Risk Management Analyst position at South Shore Bank?
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Job Type
Full-time
Description
SUMMARY
The Risk Management Analyst is responsible for assisting with the maintenance and administration of the Company’s risk management programs. This position will report to the Senior Risk Officer and work closely with business units, IT, second line risk management, Internal Audit, and external contacts.
Essential Duties And Responsibilities
Supervisory Responsibilities
None
Requirements
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION And/or EXPERIENCE
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand, walk; use sufficient hand, arm and finger dexterity or feel objects, tools, or controls. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
KEY POINTS
For those seeking to deliver the latest financial solutions rooted in trustworthy, high-quality service, Charlesbridge, a mutual bank holding company, provides operational support, resources, legacy, and innovative thinking to financial institutions so they can deliver a suite of flexible, personalized solutions designed to meet the evolving needs of our clients and our communities. Our local roots, dedication to the communities we serve, loyalty to our people, and commitment to excellence ensure that we remain a trusted partner in an ever-evolving financial journey, today and tomorrow. While our employees are committed to helping our clients, we are committed to our employees. To support our employees, we offer a competitive benefit package with Medical, Dental, Vision, Flexible Spending, Tuition Reimbursement, Childcare Subsidy, Retirement, Life Insurance, and many other benefits.
Charlesbridge is committed to providing equal opportunity for all employees and applicants without regard to race, color, religion, gender, sexual orientation, age, marital status, national origin, physical or mental disability, veteran or disability status, gender identity, or expression, citizenship, genetic information, ancestral origin, military status, pregnancy, childbirth, and or conditions relating to pregnancy or any other related medical conditions or any other status protected by Federal, State or local laws.
Here at Charlesbridge, we strive to foster a culture where every voice is valued and where employees have a sense of belonging and connection with each other. We are dedicated to creating a work environment that understands, supports, and welcomes diverse perspectives and backgrounds. Together, we will create an inclusive and culturally competent and supportive environment where employees model behavior that enriches both Banks and the communities we support.
PAY RANGE DISCLOSURE
The pay range for this position is $28.31 to $36.51 per hour and is the lowest to highest range Charlesbridge in good faith believe we would pay for this role at the time of this posting. The Company may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the posted range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, sales or revenue-based metrics, and business or organizational needs and affordability.
EOE/F/M/Vet/Disabled
Salary Description
$28.31 to $36.51 per hour
Job Type
Full-time
Description
SUMMARY
The Risk Management Analyst is responsible for assisting with the maintenance and administration of the Company’s risk management programs. This position will report to the Senior Risk Officer and work closely with business units, IT, second line risk management, Internal Audit, and external contacts.
Essential Duties And Responsibilities
- Assists with the maintenance of the Company’s Risk Management program at the direction of the Senior Risk Officer.
- Assists in the identification, analysis, and prioritization of risks to support the company’s Enterprise Risk Assessments in coordination with the relevant business line leaders and evaluating their impact on the company.
- Reviews and updates risk and control libraries and custom-tailored risk and control statements used in the company’s Governance, Risk and Compliance (GRC) system.
- Support the Senior Risk Officer’s review and challenge activities of the company’s Risk and Control Self-Assessment (RCSA) program.
- Assists with the required enhancements needed for the Company’s GRC system.
- Participates in maintaining the Company’s models and tools inventory and assists with tracking model performance monitoring and validation activities under senior oversight.
- Assists with the tracking and reporting of open and completed corrective actions of self-identified issues and risk assessment findings.
- Assists in the preparation and compilation of quarterly management reports for the Audit-Risk Committee and Board of Directors.
- Participates in the coordination of new initiative risk assessments.
- Performs other related duties as assigned.
- Complete all internal Company training as assigned and required.
- Adhere to the Company’s privacy and data security policies including but not limited to safeguarding of sensitive information and complying with relevant regulations to protect non-public information.
- Exhibit the ability and desire to embrace and enhance the Company culture.
Supervisory Responsibilities
None
Requirements
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION And/or EXPERIENCE
- Minimum of bachelor’s business degree from a four-year college or university.
- 0-2 years banking experience, financial services, risk management, audit, compliance, or related internships preferred.
- Ability to comprehend fundamental banking risk management concepts (e.g., operational risk, credit risk, compliance risk, internal controls).
- Ability to define problems, collect data, establish facts, and draw valid conclusions and recommendations.
- Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables with support from the Sr Risk Officer.
- Basic knowledge of the banking and financial services industry including federal laws and regulations
- Willingness to gain new knowledge and technical skills.
- Intermediate typing skills to meet the production needs of the position.
- Intermediate math skills: the ability to calculate interest, commissions, proportions, and percentages; balance accounts; add, subtract, multiply, and divide into all units of measure, using whole numbers, common fractions, and decimals; locate routine mathematical errors; compute rate, ratio, and percent, including the drafting and interpretation of bar graphs.
- Exceptional verbal, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, train personnel, read, analyze, and interpret documents and professional journals, understand procedures, write reports, correspondence, and procedures, speak clearly to customers and employees.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand, walk; use sufficient hand, arm and finger dexterity or feel objects, tools, or controls. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
KEY POINTS
For those seeking to deliver the latest financial solutions rooted in trustworthy, high-quality service, Charlesbridge, a mutual bank holding company, provides operational support, resources, legacy, and innovative thinking to financial institutions so they can deliver a suite of flexible, personalized solutions designed to meet the evolving needs of our clients and our communities. Our local roots, dedication to the communities we serve, loyalty to our people, and commitment to excellence ensure that we remain a trusted partner in an ever-evolving financial journey, today and tomorrow. While our employees are committed to helping our clients, we are committed to our employees. To support our employees, we offer a competitive benefit package with Medical, Dental, Vision, Flexible Spending, Tuition Reimbursement, Childcare Subsidy, Retirement, Life Insurance, and many other benefits.
Charlesbridge is committed to providing equal opportunity for all employees and applicants without regard to race, color, religion, gender, sexual orientation, age, marital status, national origin, physical or mental disability, veteran or disability status, gender identity, or expression, citizenship, genetic information, ancestral origin, military status, pregnancy, childbirth, and or conditions relating to pregnancy or any other related medical conditions or any other status protected by Federal, State or local laws.
Here at Charlesbridge, we strive to foster a culture where every voice is valued and where employees have a sense of belonging and connection with each other. We are dedicated to creating a work environment that understands, supports, and welcomes diverse perspectives and backgrounds. Together, we will create an inclusive and culturally competent and supportive environment where employees model behavior that enriches both Banks and the communities we support.
PAY RANGE DISCLOSURE
The pay range for this position is $28.31 to $36.51 per hour and is the lowest to highest range Charlesbridge in good faith believe we would pay for this role at the time of this posting. The Company may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the posted range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, sales or revenue-based metrics, and business or organizational needs and affordability.
EOE/F/M/Vet/Disabled
Salary Description
$28.31 to $36.51 per hour
Salary : $28 - $37