What are the responsibilities and job description for the Risk Reporting Analyst position at City National Bank?
RISK REPORTING ANALYST
WHAT IS THE OPPORTUNITY?
This position, in the Second Line of Defense (2nd LOD), will provide support to Risk Management in different data and reporting initiatives. This role will work with the Risk Reporting Lead analyzing and re-designing data and reporting processes in the division to maximize productivity and reduce cost; understanding data and reporting division needs and collaborating with risk partners and management in the execution of strategic projects and in the creation of new technological solutions as well as and supporting the implementation senior management and board level reporting. Performs other duties/projects as needed.
What you will do
- Understand the quantitative and qualitative methodology and procedures for evaluating risk
- Understand, interpret, and present recommendations for action based on a data-driven analysis
- Participate in risk mitigation development to ensure that strategies are in place to maintain risk profile within established limits
- Develop and utilize analytical tools and methodologies to support analysis of internal and external risk metrics
- Enhance the existing risk reporting processes and generate risk reporting for presentation to senior management committees
- Report metrics and support their development, consistent with bank's Risk Management Framework and risk pyramid, ensuring uniform reporting throughout all 2nd line risk functions
- Work with multiple business units to aggregate and analyze data and information. Report on existing and emerging areas of risk, implications of incentive design on employee risk-taking in support of the bank’s business objectives
- Report on existing and emerging areas of risk, implications of incentive design on employee risk-taking in support of the bank’s business objectives
- Participate in workshops and lead activities on key business initiatives, ensuring that existing and emerging risks for new products, processes and transformational initiatives are identified. This also includes the annual business strategy review process and assessments
- Coordinate with external banking partners, Royal Bank of Canada (RBC) and other managed affiliates to fulfill regulatory reporting requirements
- Successfully completes all required training and special projects as requested
- Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes
Must-Have*
- Bachelor's Degree or equivalent
- Minimum 2 years of experience in banking or consulting
- Minimum 3 years of experience in data management and analysis
Skills and Knowledge
- Master’s preferred
- Knowledge of risk management methodologies and financial industry regulations (OCC, FDIC, Fed)
- Demonstrated ability to design, develop and produce reporting for senior management
- Experience in data management and analysis in Python, Tableau, Appian, Excel and/or SQL
- Demonstrated ability to think critically and facilitate change through collaborative effort
- Strong interpersonal, verbal, and written communication skills
- Self-motivation, discipline, task focus, the ability to structure and present work and a proven record of delivering high quality results within strict deadlines
Compensation
Starting base salary: $87,027 - $138,965 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
- To be considered for this position you must meet at least these basic qualifications
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.
- City National Bank does business in Miami and the state of Florida as CN Bank.
For more information about City National, visit cnb.com.
EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.
Salary : $87,027 - $138,965
