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Republic Bank · 1 day ago

Risk Analyst (Financial, Governance, Compliance)

Louisville, KY

Full-time

Onsite

Mid Level

4+ years exp

Republic Bank is committed to making an impact for their clients and associates, and they are seeking a Risk Analyst to support their enterprise risk management function. The role involves conducting risk assessments, analyzing data, and collaborating across departments to ensure effective risk communication and decision-making.

BankingFinanceFinancial Services

No H1B

Hiring Manager

Adam Perito

Responsibilities

Conduct and document enterprise risk assessments in collaboration with First Line of Defense and leadership

Analyze internal and external data to identify trends, emerging risks, and potential vulnerabilities

Maintain and enhance the enterprise risk register, ensuring accuracy and completeness

Facilitate risk workshops and interviews to gather insights from stakeholders

Assist with development of Risk & Control Self-Assessments mapping and documentations through participation in end-to-end process walkthroughs and deep dives with the First Line of Defense

Evaluate new products, services, and initiatives for potential risk exposure

Support the development of risk awareness and training materials

Execute the Bank's second line of defense Enterprise Risk Framework by testing controls identified in the risk identification process and validation of issues

Monitor key risk indicators (KRIs) and control effectiveness across the organization

Monitor reported risk events, conduct root cause analyses ant track remediation efforts for completion

Prepare risk dashboards, reports, and presentations for senior leadership and risk committees

Track and report on risk events, issues, and mitigation progress

Assist in the development and maintenance of risk reporting tools and templates

Support internal and external audits and regulatory examinations by providing relevant risk documentation

Assist the Risk Management Officer on executing and reporting on Enterprise Risk functions such as Model Risk Management, Third-Party Risk Management, and other components

Assist in the development and refinement of risk management frameworks, policies, and procedures

Contribute to the maintenance of the Risk Appetite Statement and related governance documents

Collaborate with business units to develop and track risk mitigation plans

Recommend process improvements to enhance risk identification and response capabilities

Support the integration of risk considerations into strategic planning and operational decision-making

Review and update internal procedures to reflect evolving practices and regulatory requirements

Support the ongoing development, implementation and enhancement of enterprise-wide taxonomies, including but not limited to Risk Taxonomy, Process Taxonomy, Control Taxonomy, promoting consistency in risk identification, control mapping and reporting

Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required

Model and foster behaviors that support the Bank’s values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization

Willingly perform all other duties and projects as assigned

Qualification

Risk management experienceAnalytical skillsGRC tools proficiencyRisk frameworks familiarityCommunication skillsProblem-solving skillsInterpersonal skillsAdaptability