Description
Position Summary
The Enterprise Risk Analyst IV will serve as the primary owner of the Bank's Ongoing Monitoring Program, an initiative designed to proactively identify, assess, and monitor risks across products, services, processes, and activities. This role is responsible for designing, executing, and enhancing testing procedures that provide management with timely insights into control effectiveness and regulatory compliance. This role will leverage a strong background in internal audit, compliance testing, or control testing along with technical skills in data analysis, to build automated and data-driven monitoring solutions. This is not an internal audit position, but the skill set of an experienced auditor (critical thinking, challenging evidence, identifying exceptions, and formulating recommendations) is essential to success in the role.
Summary of Essential Job Functions
Program Leadership
- Design, implement, and continuously improve the Enterprise Risk Ongoing Monitoring Program.
- Develop a structured testing library covering key products, services, processes, and activities.
- Establish standardized methodologies for ongoing monitoring, including risk-based scoping, sampling, and automation.
Testing & Analysis
Independently develop scripts or collaborate with data engineers to automate monitoring procedures where feasible.Execute testing to evaluate compliance with regulatory requirements, internal policies, and business procedures.Identify anomalies, exceptions, and emerging risk themes through data-driven analysis.Effectively and timely communicate exceptions to the relevant lines of business.Track, validate, and report on corrective action plans.Collaboration & Reporting
Partner with business units and risk stakeholders to align monitoring with business needs and regulatory expectations.Communicate results to senior management and risk committees in a clear and concise manner.Contribute insights from monitoring activities to enhance enterprise risk reporting and dashboards.Position Requirements
Bachelor's degree in Accounting, Finance, Risk Management, Information Systems, or related field.8+ years of experience in internal audit, compliance testing, control testing, or related functions; 3+ years of experience at the subject matter expert levelDemonstrated experience in developing testing procedures and documenting results.Strong analytical, critical thinking, and problem-solving skills.Effective communication skills, both written and verbal, with experience presenting to leadership.Preferred Skills and Experience
Advanced degree or professional certifications (CPA, CIA, CRCM).Banking or financial services experience within the 3rd or 2nd line of defense.Familiarity with enterprise risk frameworks (e.g., COSO, Basel).Familiarity with banking statutes, regulations, and oversight bodies (e.g., OCC, CFPB)SQL skills with the ability to design queries for testing and monitoring.Experience with data analytics / visualization tools and Database Management Systems (e.g., Microsoft SQL Server, Oracle, SAS, Snowflake, Power BI, Tableau).