SENIOR RISK MANAGEMENT ANALYST

Job Summary: The Senior Risk Management Analyst supports the development and operation of the Credit Union’s Risk Management program.

All job positions at 7 17 Credit Union may be assigned further duties with or without notice, verbally or in writing. Essential duties and responsibilities include the following.

Primary Duties:

1. Develop, implement and apply risk metrics and methodologies.
2. Report risk exposures.
3. Assist with overseeing the Credit Union’s risk appetite framework to ensure that risks are appropriately identified, monitored and controlled.
4. Complete and provide quality control over enterprise wide and targeted risk assessments from the design phase through communicating results and analysis to appropriate parties.
5. Provide mentorship and guidance to the Risk Management Analyst (or interns), fostering a culture of continuous learning and development within the team.
6. Identify and report levels of risk within the organization using risk reports and dashboards.
7. Aggregate and analyze data to calculate risk trends and outcomes.
8. Identify and monitor key controls within the business processes.
9. Assist business process owners with the development and monitoring of risk mitigation action plans.
10. Perform primary functions of Vendor Management Program including classifying vendors, performing due diligence and risk assessments on vendors, maintaining and monitoring vendor contracts and due diligence documentation.
11. Serve as the Business Continuity Coordinator, assisting the Information Security Officer in overseeing the development, maintenance, and testing of business continuity and disaster recovery plans.
12. Prepare reports to support risk management, vendor management, business continuity and incident response committees as needed.
13. Review vendor SOC reports for adequacy of user control considerations.
14. Review Change Requests, Project Charters and Business Case Analysis for risk considerations.
15. Maintain knowledge of, and remain current with, regulatory changes from federal and state agencies.

Secondary Duties:

2. 1. Assists external audit firms and supervisory examiners.
3. 2. Investigate member complaints and questions.
4. 3. Serve on committees to implement new products and services as needed.
5. 4. Assist the Information Security Officer with performing Information Security (IS) audits and assessments to evaluate the security and privacy controls.
6. 5. Participate on the Vendor Management, Risk Management (RMCO) and Incident Response Committees as needed.