Apply on Employer Site

Citizens · 1 day ago

First Line Risk Sr Analyst

Johnston, RI

Full-time

Onsite

Mid, Senior Level

2+ years exp

Citizens is a customer-centric company focused on helping customers and giving back to local communities. The First Line Risk Sr Analyst will partner with Risk Managers to execute control monitoring programs, assess controls, and ensure compliance with regulations.

BankingCredit CardsFinancial ServicesFinTechRetail

Responsibilities

Partner with the Risk Managers, execute the control monitoring program for multiple complex lines of business and/or products

Work within established timelines to deliver control self-testing and key risk indicator monitoring, which are critical to determining control environment effectiveness

Assess material controls, monitor and evaluate proper escalation procedures are in place to ensure compliance with key rules and regulations. Input control monitoring results into the system of record. Keep the Risk Manager apprised of testing progress, provide an opinion on control effectiveness results including analysis of themes and findings

Collect the outputs of control monitoring results for management’s use

Analyze results that summarizes key issues and recommended actions to present findings for business line management

Participate in the Risk and Control Self-Assessment (RCSA) process, creation and validation of process maps which reflect key business line processes and related controls. Based on RCSA output, partner with subject matter experts to create new tests, refresh existing tests, retire tests and develop key risk indicators (KRIs) based on areas of material risks

Conduct testing and determine if enhanced controls are effective to support issue closure

Role will act as a technical expert in support of one or more critical business processes. As part, will be the primary point of contact for the topic and responsible for providing knowledge, expertise, and support to the First line units. Responsible for supporting other business line related activities

Qualification

Risk monitoringInternal controlsRisk assessmentBanking products knowledgeRegulatory requirementsBusiness writingMS WordMS ExcelPowerPointVisioInterpersonal skills

Required

2-4 years' experience in a Risk monitoring and testing environment

Intermediate knowledge of internal controls and risk assessment

Knowledge of banking products and operations, regulatory requirements, and key processes, controls, and exposure

Willingness to be registered as an Associated Person, as defined by FINRA

Experience delivering under tight deadlines while maintaining quality standards

Excellent business writing skills

Excellent interpersonal skills

Proficient use of MS Word, MS Excel and PowerPoint and Visio

Bachelor's Degree: Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field or equivalent work experience

Company

Citizens

Glassdoor3.6

At Citizens, we recognize that the journey to accomplishment is no longer linear and that individuals are made of all they have done and all they are going to do.

Founded in 1828

Providence, Rhode Island, USA

10001+ employees