What are the responsibilities and job description for the Sr. Operational Risk Analyst position at Federal Home Loan Bank?
Sr. Operational Risk Analyst
General Summary :
The SeniorOperational Risk Analyst assists the Enterprise Risk Management (ERM)department team in delivering valuable recommendations to assess and mitigaterisk, strengthen control structures, and improve operational efficiency. Theprimary focus will be supporting ERM department leadership by reviewingoperational / process breakdowns, supporting ongoing risk assessments, reviewingEnd-User Computing (EUC) risks (e.g., Excel spreadsheets), and data analytics / reporting.
Principal Duties andResponsibilities :
- Leads the enterprise risk assessment process, working with ERM department management and Bank staff to assess risks and implement enhanced controls and process improvements to mitigate risks.
- Leads with the Bank's incident management process, performing root cause analyses related to operational errors / breakdowns and implementing controls and / or process improvements to reduce risk and / or improve efficiency.
- Produce data analytics and reporting, presenting results clearly and creatively to include dashboards and board reporting.
- Leads in developing, evaluating, analyzing, and reporting Operational Risk Key Performance Indicators and Key Risk Indicators.
- Enhance data collection processes and procedures to include relevant information for building reports and analytical tools for the Enterprise Risk Management (ERM) department.
- Leads in implementing and maintaining the Bank's End-User Computing (EUC) Program, including an independent review of business unit Excel spreadsheets and other EUC processes (e.g., Tableau, Power Bi, Access, R, Stata, and Python).
- Leads in developing and maintaining operational risk policies and procedures.
- Conduct research and complete assigned training requirements necessary to stay current with industry skills.
- Performs other duties and projects as assigned by management.
Minimum Knowledge,Skills, and Abilities Required :
Working Conditions :
Normalhybrid environment with flexibility to meet tight deadlines as required.
