Enterprise Risk Analyst

JOB DESCRIPTION STATEMENT:
Responsible for assisting in enterprise risk management and risk mitigation, including RCSA and Control Testing, Policy and Procedure Management, Regulatory Compliance, Business Continuity Management, TPRM, and BSA/AML/OFAC. Responsible for working across business units to identify, document, and report potential risks, implement risk mitigation strategies, and remain compliant with regulation and industry standards. Responsible for managing BSA/AML/OFAC monitoring and investigation program. Work under minimal supervision and use advanced skill set and proficiency to meet strategic goals and regulatory requirements.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
Functional ownership of the day-to-day activities within the BSA/AML/OFAC program
Maintain expertise with OFAC, CTRs, SARs, and Patriot Act Sections 314(a) and 314(b)
Perform complex research and analysis to identify and alert on suspicious activity
Implement enterprise risk management methodologies and framework to drive
consistency in analyzing, reporting, and governing enterprise risks
Analyze business processes to identify associated risks and develop mitigation strategies
Remain educated on regulatory requirements that could impact the organization
Work with 1LOD to ensure risk mitigation strategies are effective and representative of industry standards
Ensure risk management strategies aligning with internal policies, regulatory requirements, and industry standards
Apply risk management principles to identify, assess, mitigate, and avoid losses resulting from internal control gaps or external incidents
Provide deliverables for the BSA Officer, Enterprise Risk Management Committee, and other committees as needed
Promote risk-based approach to decision making and proactive risk management throughout the organization
Perform other duties as assigned

PERFORMANCE STANDARDS:
Ability to interpret regulations and laws and disseminate information. Knowledge of Bank Secrecy Act/Anti Money Laundering/U.S. Patriot Act, OFAC Regulations. General knowledge and understanding of bank deposit operations, lending activities, and other related consumer banking and compliance functions.

MINIMUM REQUIREMENTS:

• Maintain a positive attitude with employees and members, and remain flexible while focused on accepted practices, policy, productivity and effectiveness
• Promote awareness of the credit union mission and brand statement to the credit union membership.
• Abide by the Service Standards established by the credit union.
• Expert knowledge in the areas of financial risk management and BSA/AML/OFAC
• Superior organizational, planning, and time management skills
• Strong interpersonal, verbal, and written communication skills
• Excellent ability in constructive criticism, feedback, and solutions to drive desired performance and achieve goals
• Advanced analytical thinking skills including the ability to summarize information and clearly identify key patterns, outcomes, and relationships of business processes and functions.

QUALIFICATION REQUIREMENTS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE:
Bachelor's degree or equivalent; or the equivalent combination of experience, education and training required.

CERTIFICATES, LICENSES, REGISTRATIONS:
Risk management and/or anti-money laundering related certifications preferred. (e.g.: CUERME, CAMS, CRM, CFE, CRCM, RIMS-CRMP, CTPRP)

LANGUAGE SKILLS:
Ability to read and interpret documents such as regulatory instructions, policy manuals, task documentation, and procedure manuals. Ability to write clearly and concisely, as well as in producing routine reports and correspondence. Ability to speak effectively before groups of employees of organization.

MATHEMATICAL SKILLS:
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to create and interpret bar graphs.

REASONING ABILITY:
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

CERTIFICATES, LICENSES, REGISTRATIONS:
None required. Certification in compliance preferred. TECHNICAL SKILLS and ABILITIES:

• Ability to operate proficiently equipment used in word processing, spreadsheets, laser printers, photocopiers and fax machines, etc.
• Fully knowledgeable in word processing software, spreadsheet software, as well as minor software programs.
• Knowledgeable of credit union terminology and acronyms commonly utilized in the day to day communication of staff, policymakers and others involved in the credit union system.

PEFORMANCE SKILLS:

• Ability to manage time; coordinate several projects at once; multitask.
• Able to follow established policies and procedures.
• Ability to deal with all levels and departments of the organization.

PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable
accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit. The employee frequently is required to use hands to finger, handle, or feel objects, tools, or controls. The employee is occasionally required to stand, walk, and talk or hear.
The employee must occasionally lift and/or move up to 30 lbs. Specific vision abilities required by this job include close vision and the ability to adjust focus.

WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

Thank you for your interest in joining UT Federal Credit Union. As part of our commitment to ensuring a safe and secure work environment, all offers of employment at UT Federal Credit Union are contingent upon the successful completion of a comprehensive background check.

The background check may include, but is not limited to, checks of your criminal record, employment history, educational credentials, credit history, motor vehicle record, and references. You may be required to provide additional information and complete further documentation to facilitate these checks.

By proceeding with this application, you hereby authorize UT Federal Credit Union and its designated agents and representatives to conduct such investigations and request such information as is necessary to evaluate your suitability for employment.

In the event that information from a consumer report obtained about you from a consumer reporting agency is used in whole or in part in making an adverse decision with regard to employment, you will be provided with a copy of the consumer report and a description in writing of your rights under the law.

Should there be any discrepancies or disputes regarding the information obtained during the background check, or should you otherwise wish to discuss the report's contents with us, you will have an opportunity to discuss and/or dispute the content with us before a final employment decision is made.

All information received during the background check process will be treated with the utmost confidentiality and sensitivity, in accordance with the law. It will be used solely for the purpose of evaluating your potential employment at UT Federal Credit Union.

Please complete the application if you understand and agree to the above-mentioned conditions. In doing so, you acknowledge that you have carefully read and understand this Disclosure and Authorization and authorize UT Federal Credit Union to obtain and/or its agent to obtain and furnish to the Credit Union information related to your background to be used for employment purposes.

Salary : $65,000 - $80,000