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Mountain West Bank · 3 weeks ago

Corporate Financial Risk Analyst I

Spokane, WA

Full-time

Onsite

New Grad, Entry Level

$59K/yr - $97K/yr

Mountain West Bank is a regional bank holding company providing commercial banking services across multiple states. The Financial Risk Analyst I will support key risk management functions, integrating data-driven insights to advise leadership on risk posture and emerging risks while preparing critical risk analytics for executive briefings and reports.

Financial Services

Responsibilities

Conduct and/or facilitate comprehensive model validations and reviews according to guidelines based on SR 11-7 and FDIC-22-2017 to include an assessment of model usage, documentation, conceptual soundness, data integrity, control environment, and the software environment

Presents results and deliverables through formal reports and verbal presentations to model owners and senior management

Support the development, enhancement, and governance of the Bank's suite of Enterprise Risk Management Reports, including the Board's Risk Appetite Statement

Provide Executive and Board-level briefings and provide effective challenge to all levels of leadership to improve bank performance and limit bank risk

Provides effective challenge and second line of defense oversight over various business lines to ensure proper risk mitigation of activities under taken by the first line of defense

Supports model risk management efforts by supporting efforts to identify, monitor, and test non-models

In addition, support will be provided to the model risk program by performing data testing or helping develop challenger models

Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control

Must complete the assigned online training courses and achieve a passing score by due date

Qualification

Quantitative analysisFinancial risk managementData governanceModel validationRisk reporting

Required

Quantitative expertise

Financial acumen

Data governance skills

Ability to support key risk management functions across both Enterprise Risk Management (ERM) and Model Risk Management (MRM)

Ability to integrate data-driven insights

Ability to manage risk thresholds

Ability to advise senior leadership on risk posture, emerging risks, and macroeconomic trends

Experience in preparing and analyzing quarterly Risk Appetite Statement, Peer Bank Performance Reports, Department KRI/KPI Reports, Economic Indicator Report, and other critical risk analytics

Ability to drive strategic decision-making

Experience providing briefings and risk analyses to executive leadership, the Board, and risk oversight committees

Ability to support governance and frameworks of the Bank's enterprise risk reporting

Experience in testing and documenting tools classified as non-models

Ability to develop challenger models for model validations

Curiosity to explore and analyze various business lines and functions throughout the bank

Ability to conduct and/or facilitate comprehensive model validations and reviews according to guidelines based on SR 11-7 and FDIC-22-2017

Ability to assess model usage, documentation, conceptual soundness, data integrity, control environment, and the software environment

Ability to present results and deliverables through formal reports and verbal presentations to model owners and senior management

Ability to support the development, enhancement, and governance of the Bank's suite of Enterprise Risk Management Reports

Ability to provide Executive and Board-level briefings

Ability to provide effective challenge to all levels of leadership to improve bank performance and limit bank risk

Ability to provide effective challenge and second line of defense oversight over various business lines

Ability to ensure proper risk mitigation of activities undertaken by the first line of defense

Ability to support model risk management efforts by identifying, monitoring, and testing non-models

Ability to perform data testing or help develop challenger models

Compliance with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control

Completion of assigned online training courses and achieving a passing score by due date