What are the responsibilities and job description for the Risk Analyst position at Western Ag Credit?
POSITION: Risk Analyst
LOCATION: South Jordan or Spanish Fork, Utah
GRADE: 11 (salary range $57,283-$85,681) depending on education and experience. Comprehensive benefits package provided (including medical, dental, vision, life insurance, defined contribution retirement program, and potential for incentive compensation).
RESPONSIBILITY: The Risk Analyst reports to the VP-Risk Manager and is primarily responsible for supporting risk-related functions within the Association, including but not limited to the following:
- Assist with developing appropriate risk management policies, plans, and procedures to achieve Association risk management objectives.
- Conduct risk analysis and modeling to inform corporate business planning and management decision making.
- Contribute to the development, implementation, and/or maintenance of appropriate reporting for the risk management function.
- Assist in developing and maintaining a strong internal control environment to protect corporate assets.
- Assist with insurance, purchasing, and investment activities related to Association-owned assets.
- Aid in formulating risk appetite statements and recommend policy to support such.
- Assist with formulating policies and procedures to determine hold limits for various segments of the loan portfolio, IRR requirements for capital markets and/or participation purchases, and pricing guidelines for various lending programs.
- Assist with administering and maintaining a robust Enterprise Risk Management (ERM) program.
- Review compliance with Association Policies and FCA Regulations within areas of responsibility.
- Assist with administering and maintaining a robust stress testing program on various business segments and the entirety of the loan portfolio.
- Assist in developing, maintaining, and executing (when required) the Association Incident Response Plan.
- Assist with implementing, administering, and maintaining a robust Vendor Risk Management program, including vendor due diligence, risk assessments, ongoing monitoring, documentation, and reporting.
- Assist with implementing, administering, and maintaining Model Risk Management program responsibilities, including model inventory maintenance, risk assessments, validation coordination, documentation, monitoring, and reporting.
- Other responsibilities as assigned by supervisor.
EDUCATION AND EXPERIENCE: Bachelors degree in finance/accounting or business-related field. Equivalent experience required for bachelors degree in another field of study.
Knowledge and experience in the areas of Enterprise Risk Management and/or Stress Testing and/or Vendor Risk Management and/or Model Risk Management preferred.
Knowledge and experience in all aspects of the audit function and planning preferred.
Knowledge and understanding of Farm Credit regulations and production agriculture preferred.
Strong computer skills required, with knowledge and experience with risk management software and/or platforms preferred.
Strong communication and collaboration skills required. Must be able to work cooperatively with individuals across all functional areas of the business.
Sound understanding of organizing, planning, critical thinking, analysis, presentation, documentation, and decision making.
Some understanding of accounting practices, financial reporting, fiscal management, and internal controls strongly preferred.
Working knowledge of the sound extension of credit and credit administration preferred.
Strong skills in verbal and written communication, and use of Microsoft Office suite of software products (including Word, Excel, PowerPoint, and Outlook) required. Perform daily responsibilities with accuracy, professionalism, and attention to detail.
GENERAL DATA: For over 100 years, the Association has been providing agricultural lending services to commercial and mortgage borrowers in Utah and portions of Wyoming, Nevada, and Arizona.
FINAL FILING DATE: Applications will be accepted until the position is filled.
If you have any questions or need additional information, please call (801) 571-9200.
Date: May 21, 2026
EEO/AA Employer M/F
Salary : $57,283 - $85,681