Enterprise Risk Analyst, Operational Risk and Resilience
Benefits Overview
A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best!
- Remarkable Benefits Offered By CoBank
- Careers with a purpose
- Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
- Competitive Compensation & Incentive
- Hybrid work model: flexible arrangements for most positions
- Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
- Rugged associate training and development with CoBank University
- Tuition reimbursement for higher education
- Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
- Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
- Associate Resource Groups: creating a culture of respect and inclusion
- Recognize a fellow associate through our GEM awards
Job Description
Responsible for conducting detailed analysis that contributes to and advances Risk Management programs and processes including the Operational Risk and Resilience, Product Governance, AI Risk Governance, and Risk Governance programs. The analysis performed will play a key role in supporting bank-wide initiatives through risk identification and quantification.
Essential Functions
- Contributes to the development and evolution of risk metrics for the bank.
- Creates, maintains, and enhances reports to key stakeholders.
- Owes one or more ERM processes. E.g., conducts regular assessments to identify emerging operational risks, leveraging internal and external sources to benchmark industry standards, monitor compliance, and track adherence to policies and procedures.
- Utilizes data and information to aid in risk-based decision-making.
- Sources and cleans data. Determines business rules for preparing data to be consumed in both formal and informal processes.
- Queries, aggregates, and manipulates large datasets for various analyses. Supports the transformation of information into key business insights.
- Supports the design of department/system processes for Risk Management that are efficient and comply with regulatory standards. Leads change implementation and prepares related training materials.
- Supports best practices in modeling and model risk management (e.g., parameterize and calibrate forecasting models, perform ongoing monitoring of model assumptions, develop and update documentation).
- Provides technical subject matter expertise and analytic support for ad-hoc analysis and development of visualizations with potential of becoming a standard for the bank.
- Supports the monitoring of data integrity and model risk controls execution. Identifies risks, proactively solves problems and addresses issues.
- Supports executive-level risk committees and working groups, including the creation of committee packages and other presentations.
- Presents technical results in both informal meetings and formal presentations.
Education
- Bachelor's Degree in Business, Economics, Finance or other related discipline. required
- Master's Degree in Business, Economics, Finance or other related discipline. preferred
- FRM and/or CFA preferred
Work Experience
- 4 years of experience in risk management, audit, or a related area required
- 3 years of experience using SAS, SQL, Python or R to perform advanced analysis. required
- Prior Experience with risk management platforms, data visualization tools (e.g., QRM, Tableau, Power BI), and advanced Excel. required
- A proactive approach, strong analytical and reasoning skills, and the ability to build strong working relationships at all levels of management are essential.
- Demonstrated ability to translate highly technical risk data into clear, actionable reports or dashboards for executive boards.
- Strong quantitative and qualitative skills to assess complex datasets and model potential outcomes.
- Proven capacity to balance concurrent responsibilities in a dynamic setting.
- Essential ability to think strategically and develop creative solutions to complex challenges.
Physical Exertion Details
Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time.
Travel Requirement Details
Occasional Travel occurs infrequently (typically, once a month or less).
About CoBank
The typical base pay range for this role is between $100,000 - $123,000. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience.
Reasonable Accommodation
We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
CoBank is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.