Risk Analyst

Operational Risk Analyst I

Contract-to-Hire

Location

Cincinnati, OH 45246 (Hybrid) – on-site the 1st month for training

Overview

The Operational Risk Analyst I is responsible for coordinating and organizing various risk management development and data collection efforts, conducting risk assessments, and reviewing policies and procedures related to overall risk management. Specific job requirements vary and are set by the associate’s manager to uphold risk management expectations.

Responsibilities

• Coordinate and organize risk management development and data collection efforts.
• Facilitate the tracking of open issues and risk assessments.
• Lead projects and initiatives aimed at enhancing operational compliance.
• Review and evaluate bank policies and procedures within the risk management framework.
• Develop procedures for identifying, analyzing, summarizing, and reporting operational loss events.
• Summarize the results of control reviews in a format suitable for further analysis.
• Maintain the risk management database used for tracking risk events and open issues.
• Assist in the insurance tracking and claims process.
• Utilize analytical review techniques, including scenario analysis, to identify potential issues and determine root causes.
• Produce and distribute reports for the Enterprise Risk Management Committee and Board of Directors.

Requirements

• 3-5 years of previous bank-related experience
• Excellent oral and written communication skills for interaction with internal clients, regulators, and auditors
• Awareness of industry trends and regulatory changes
• Bachelor’s degree
• Proficiency in MS Office (Word, Excel, PowerPoint, etc.)

*** Pay: $25-30/hr (Compensation can vary depending on experience)