What are the responsibilities and job description for the Risk Analyst position at Servbank?
Job Description
Job Description
Description :
As a Risk Analyst, you will play a critical role in identifying, enhancing, and assessing potential risks that could impact the organization's operations, reputation, and financial health. You will analyze processes, identify areas risk and associated controls, track identified findings and corrective action, and provide recommendations to enhance the company's risk management strategies. The ideal candidate has strong analytical skills, attention to detail, and a deep understanding of risk management principles.
About Servbank
Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you’re a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.
Duties and Responsibilities
- Review existing risk assessments to identify additional potential risks across various areas, including financial, operational, regulatory, and strategic risks.
- Develop and maintain risk and control libraries within the enterprise risk management platform, linking all identified risks and associated mitigation plans to business areas across the enterprise.
- Collaborate with different departments to identify and implement mitigating controls into the risk assessment.
- Monitor the effectiveness of implemented controls and recommend adjustments as necessary.
- Ensure that all risk management activities comply with relevant laws, regulations, and industry standards.
- Stay updated on changes in regulatory requirements and adjust risk assessment risks and controls accordingly.
- Participate in the development and enhancement of risk management frameworks, policies, procedures, and job aids.
- Conduct risk management training sessions for staff to promote a risk-aware culture within the organization.
- Document and report Issues Management findings to management and recommend preventive measures.
- Prepare detailed risk reports and presentations for senior management, outlining key findings and recommendations.
Requirements :
Essential Knowledge and Skills
Education and Experience
EEO Statement :
We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
