Apply on Employer Site

East West Bank · 23 hours ago

First Line of Defense Risk Analytics Manager

US-CA-El Monte

Full-time

Onsite

Senior Level

$110K/yr - $165K/yr

East West Bank is a top-performing commercial bank that serves as a financial bridge between the East and West. The First Line of Defense Risk Analytics Manager will be responsible for researching, analyzing, and developing plans to address economic and financial risk issues related to the Bank’s goods and services, ensuring compliance with bank and regulatory standards.

BankingFinanceFinancial Services

Comp. & Benefits

No H1B

Responsibilities

Review Treasury Management (Liquidity Risk, Capital Management, Market Risk, Investment Portfolio), Accounting, HR, and FP&A controls to ensure compliance with bank and regulatory standards and identify economic or financial risks

Conduct surveys and research across corporate functions (Treasury, Accounting, HR, etc.) to identify areas of significant regulatory and operational risk; document emerging risks using economic and industry benchmarking data

Interpret and forecast trends related to financial regulatory and economic changes impacting liquidity and capital positions

Lead control assessment and testing to evaluate design and operating effectiveness of first line key controls

Support development of Risk and Controls Self-Assessment (RCSA) frameworks and methodologies; assess quality of RCSAs completed by managers and recommend updates

Document, analyze, and communicate outcomes related to corporate functions such as Treasury controls; provide assurance reviews for internal teams and external examiners

Research, compile, analyze, and report data to explain complex financial processes and regulatory risks; apply econometric models and statistical techniques to forecast market trends for corporate functions

Assess adherence to regulatory mandates including stress testing (DFAST, ILST), resolution planning, and evaluate risk oversight tools like Funds Transfer Pricing (FTP) for accuracy in pricing risk and optimizing capital consumption under regulatory requirements

Identify control gaps or emerging risks through economic analysis, engagement with business units, and external event monitoring; develop Management Action Plans to uplift controls or processes

Recommend policies and procedures to resolve unmitigated operational and regulatory risk exposures; interpret market developments for risk-based decision-making

Draft root cause analyses for internal control gaps or economic findings related to corporate functions

Validate and close control issues identified through analysis or testing results

Drive development of reporting processes and standards; prepare analyses for forecasting trends and formulating internal policies

Use econometric methods, statistical models, and forecasting tools to advise on development and analysis of periodic reporting

Prepare and deliver risk-based analyses and recommendations to senior and executive management

Provide day-to-day management, oversight, and long-term development planning for a risk management team

Perform other duties as assigned

Qualification

Risk managementEconometric analysisFinancial forecastingBanking operations knowledgeRegulatory complianceStatistical modelingMS Office SuitePolicy recommendationEffective communicationOrganizational skillsPresentation skillsTeam management

Required

Bachelor's degree in Business Administration, Finance, Economic, or a closely related field required

Experience with risk and control identification, designing, planning, implementing, and testing RCSAs and managing a testing/audit program

Proven track record in researching and analyzing micro and macroeconomic data to identify trends, using statistical models and forecasting tools to prepare reports and advise on policy or business strategy

Strong knowledge of banking operations, products, and services; experience with risks and controls related to corporate functions (Treasury, HR, Accounting, FP&A)

Effective verbal and written communication skills with strong influence capabilities

Ability to execute in a dynamic environment and manage evolving first line risk programs, including identification, reporting, escalation, and validation of RCSA results and remediation efforts

Knowledge of applicable regulatory and legal compliance obligations, rules, and industry standards for regional/large banks

Hands-on experience in microeconomic and macroeconomic forecasting and analysis methodologies for bank risk management (especially Corporate and Treasury functions)

Excellent written, verbal, organizational, and presentation skills

Strong working knowledge of MS Office Suite (Word, Excel, Access, PPT, Visio)

Understanding of federal and state laws applicable to EWB

Applicants must have legal authorization to work in the United States