Apply on Employer Site

Cathay Bank · 2 weeks ago

VP, Risk Data Analytics Manager

Los Angeles, CA

Full-time

Onsite

Mid, Senior Level

$120K/yr - $152K/yr

5+ years exp

Cathay Bank is a financial institution that values its team members and fosters a caring culture for growth and development. The Risk Data Analytics Manager will be responsible for ensuring accurate risk data collection and governance, delivering insights that support the Bank's operational risk management and enterprise risk management frameworks.

BankingFinanceFinancial Services

Responsibilities

Aggregate risk data from multiple sources (risk databases, incident/loss databases, control libraries, identification tools, third-party data) into a single, auditable data set

Implement and monitor data quality controls (completeness, accuracy, timeliness, consistency) and track remediation activities. Maintain data lineage, metadata, and data dictionaries; coordinate with data owners to resolve data issues

Design, develop and maintain dashboards and reports for ORM and ERM metrics (using tools such as Power Bi)

Define, document, and maintain core operational risk metrics (e.g., risk IDs, loss distributions, RCSA drivers, KRIs, KPI dashboards, control effectiveness scores). Ensure metrics align with ERM/MRM frameworks and regulatory expectations; update metrics as risk taxonomy evolves. Validate metrics against source data, perform back-testing, and document assumptions and limitations

Use statistical techniques/advanced analytics (e.g., correlation, clustering, regression and scenario modeling) to enhance understanding of risk drivers and systemic vulnerabilities

Support enterprise risk identification and risk assessment processes by delivering accurate data extracts, trend analyses, and thematic insights. Monitor risk indicators and control effectiveness metrics; flag data-driven anomalies for review

Produce concise periodic reports to support risk committees and governance. Prepare clear narratives and data stories that explain risk trends, drivers, and remediation progress

Assist in regulatory reporting by providing accurate data and supporting documentation

Develop trend analyses, heat maps and scenario analytics to identify top and emerging risks and control weaknesses

Assists in quantifying and visualizing top risk exposures across risk types (credit, market, operational, compliance, strategic, etc.)

Conduct deep-dive analysis on key operational and enterprise risk themes to uncover trends, root causes, and control gaps across business lines

Analyze operational loss data, RCSA results, and issue management to identify risk patterns

Identify opportunities to automate manual risk reporting and improve efficiency

Participate in GRC system enhancement projects and user acceptance testing for risks systems

Qualification

Data AnalyticsOperational Risk ManagementSQLPythonData VisualizationStatistical TechniquesClear CommunicationCollaborative Mindset

Required

Bachelor's or Master's degree in Data Science, Statistics, Risk Management, Finance, Economics or related field

Minimum 5-7 years of experience in data analytics, risk data management of Data Governance in financial services; prior exposure to operational risk or ERM is a plus

Experience with data visualization tools (Power BI, Tableau) and Governance, Risk and Compliance (GRC) systems

Understanding of operational risk management principles, frameworks, and methodologies within the financial services industry. This includes knowledge of regulatory requirements (such as Basel III) and industry best practices

Strong analytical mindset with ability to translate data into actionable risk insights and clear narratives

Strong proficiency in SQL, Python

Collaborative mindset with a proactive attitude towards problem-solving

Clear written and verbal communication; ability to produce concise risk reporting narratives for diverse audiences

Benefits

Coverage for medical insurance

Dental insurance

Vision insurance

Life insurance

Long-term disability insurance

Flexible spending accounts (FSAs)

Health saving account (HSA) with company contributions

Voluntary coverages

401(k)

Company

Cathay Bank

Glassdoor3.1

Cathay Bank is a financial services company originally founded to support Los Angeles’ growing Chinese American community. It is a sub-organization of Cathay General Bancorp.

Founded in 1962

El Monte, California, USA

1001-5000 employees