What are the responsibilities and job description for the Sr. Enterprise Risk Analyst - Hybrid position at Synovus?
Job Summary
Supports and implements the organization's risk program with emphasis on data analysis and development of a robust, management-reporting framework. Assimilates and communicates organizational risk to executive management.
Job Duties And Responsibilities
Synovus is an Equal Opportunity Employer supporting diversity in the workplace
Minimum Education:
Supports and implements the organization's risk program with emphasis on data analysis and development of a robust, management-reporting framework. Assimilates and communicates organizational risk to executive management.
Job Duties And Responsibilities
- Develops board and management reporting for risks across all lines of business and companies to be used in risk management committees at Synovus. Responsibilities including supporting enterprise & operational risk management teams for data and reporting in the risk appetite, issues management, risk & control self-assessment, new business activity, and key risk indicator programs.
- Interacts with executive management, banking regulators and all risk monitoring areas of the company.
- Provides board and management reporting on key risks.
- Analyzes trends in risk categories and researches changes in risk metrics for reporting each quarter. Tracks risk issues, events, and incidents.
- Advises business line management whether activities and risks are within the Synovus risk appetite. Measures risk exposures against limits and reports those beyond approved tolerance levels. Provides management with continuous feedback and recommendations regarding risk mitigation.
- Responsible for assessing and monitoring risk exposure, as well as assisting in identification of risk exposure, across all business lines and companies within Synovus. Maintains a specialty in one or more categories of risk and may attend the related management risk committee. Stays current with regulatory standards and industry best practices for the risk management specialty. Assists business unitsin establishing key risk indicators, setting risk tolerances acceptable to Synovus, and ensuring appropriate controls are in place.
- Participates in management risk committees as warranted.
- May orient, train, assign and review work of junior level team members.
- Provides risk-based training as appropriate.
- Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
- Performs other related duties as required.
Synovus is an Equal Opportunity Employer supporting diversity in the workplace
Minimum Education:
- Bachelor's Degree in risk management, finance, business administration or related field.
- Five (5) years of experience in a risk management role OR an equivalent combination of education and experience.
- Advanced knowledge of banking laws, rules and regulations
- Understanding of risk financing techniques
- Skill in conveying ideas clearly and concisely in both written and verbal communications
- Proficiency using Microsoft Office software, to include Power BI
- Knowledge of Power BI and/or other reporting tools
- Regulatory experience in the banking industry.