Risk Analyst - Dime Community Bancshares : Job Details

Risk Analyst

Dime Community Bancshares

Job Location : Hauppauge,NY, USA

Posted on : 2024-09-11T06:44:07Z

Job Description :
Summary:Under the direction of the Risk Manager, the Risk Analyst is responsible for the completion of assigned process level risk and control self-assessments (RCSAs) in collaboration with business managers, the identification of issues, and communication of identified issues with Risk Management to ensure any potential concerns are addressed in a timely and effective manner. The Risk Analyst is part of Dime's Second Line of Defense. NOTE: This role is risk management over processes within the Bank and is NOT data analytics/risk management in investment banking. Salary commensurate with experience, ranging from $60,000 to $70,000 annually. The exact compensation may vary based on relevant experience, skills, education, training, licensure and certifications, and location. All applicants must attach a recent resume. This is NOT a remote role. This is a hybrid role (4 days in office/1 day remote).Responsibilities:
  • Plan, coordinate, and execute RCSAs within the GRC framework/tool (Quantivate) in accordance with departmental methodology and professional standards.
  • Perform risk assessments by reviewing and analyzing evidence and documenting results through the application of risk and control concepts to scenarios encountered and identifying any potential issues.
  • Perform periodic testing of identified controls and clearly document test results in a concise manner through preparation of detailed risk work papers in accordance with departmental standards.
  • Lead risk discussions with business leaders and process owners to understand internal processes, identify risks impacting the Bank and to determine effectiveness of controls in place.
  • Develop an understanding of Bank processes to assess confined or thematic risks/threats across multiple areas in conjunction with review of critical systems/applications or third-party service providers.
  • In collaboration with PMO and business units, assist in the generation of new product/service risk assessments.
  • Develop strong relationships with business managers by addressing issues/concerns related to risks in a timely manner; foster a culture of partnership.
  • Maintain and update risks and controls in connection with the Risk and Control Self-Assessment (RCSA) Process.
  • Monitor and track findings associated with the RCSA Process.
  • Perform other functions as assigned in support of the Enterprise Risk Management Program.
Qualifications:
  • Bachelor's degree in business or related field and a minimum of 2 years' related work experience; a combination of education and financial experience may be considered.
  • Must possess effective verbal and written communication skills.
  • Strict attention to detail; ability to work independently on assignments.
  • Excellent planning and organizational skills to balance and prioritize workload to meet deliverable targets.
  • Ability to take ownership of projects and issues and see them through completion.
  • Must be a forward thinker with the ability to evaluate current practices and challenge the status quo.
  • Demonstrate flexibility in responding to changing priorities.
  • Ability to develop and maintain effective working relationships with key business partners.
  • Proficient in Microsoft Office suite (i.e., Excel, Word, PowerPoint, and Outlook).
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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