Senior Enterprise Risk Analyst, Business and Portfolio Risk

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, 20 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 one or more Enterprise Risk Management (ERM) programs to assist CoBank in managing credit/market/operational risks. Such programs include, but are not limited to Risk Assessment, Product Governance, Portfolio Analytics, Risk Governance, Derivative Risk Modeling, and Model Risk Management.

The analysis performed will play a key role in supporting bank-wide initiatives through risk identification and quantification.

Essential Functions

• Develops and evolves risk metrics for the bank.
• Creates, maintains, and enhances reports to key stakeholders.
• Owes one or more ERM processes models, or reports.
• Manages or creates project plans to drive bank initiatives.
• Utilizes data and information to 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.
• Transforms information into key business insights.
• Designs department/system processes for Risk Management that are efficient and comply with regulatory standards.
• Leads change implementation and prepares related training materials.
• Adheres to 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 and business subject matter expertise, as well as ad-hoc analysis with the potential of becoming a standard for the bank.
• Maintains data integrity and model risk controls execution.
• Identifies risks, proactively solves problems and addresses issues.
• Creates packages and presentations for executive-level risk committees and working groups.
• Initiates and leads discussions and meetings.
• Prepares and gives formal presentations to key stakeholders.

Education

• Bachelor's Degree in Economics, Mathematics, Computer Science, Statistics, Finance or other relevant discipline. required
• Master's Degree in Economics, Mathematics, Computer Science, Statistics, Finance or other relevant discipline. preferred
• FRM and/or CFA preferred

Work Experience

• 6 years of financial risk management experience or other related experience. required
• 3 years Experience with statistical and/or database software packages such as SAS, R, Python, SQL, or Matlab. required

Physical Exertion

• 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

• Occasional Travel occurs infrequently (typically, once a month or less).

About CoBank

The typical base pay range for this role is between $110,000 - $135,300. 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, 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.