Senior Enterprise Risk Analyst, Risk Assessment

CoBank offers a comprehensive benefits package designed to support both personal and professional growth while making a meaningful impact on communities.

Benefits

• 20 days of vacation, 10 paid sick days, and 11 paid holidays
• Hybrid work model with flexible arrangements for most positions
• Medical, dental, and vision coverage
• Disability, AD&D, and life insurance
• Robust associate training and development through CoBank University
• Tuition reimbursement for higher education
• 401k plan with up to 6% matching and an additional 3% non-elective contribution, plus student loan matching
• Community impact programs: United Way Angel Day, Volunteer Day, and Associate Directed Contribution
• Associate Resource Groups fostering a culture of respect and inclusion
• Recognition programs such as GEM awards

About the Role

This position conducts detailed analysis to advance one or more Enterprise Risk Management (ERM) programs, helping CoBank manage credit, market, and operational risks. Programs include Risk Assessment, Product Governance, Portfolio Analytics, Risk Governance, Derivative Risk Modeling, and Model Risk Management. The role supports bank-wide initiatives through risk identification and quantification.

Responsibilities

• Develop and evolve risk metrics for the bank, creating and enhancing reports for key stakeholders.
• Own one or more ERM processes, models, or reports, and manage project plans to drive bank initiatives.
• Utilize data to support risk-based decision-making.
• Source, clean, and prepare data for formal and informal processes by determining business rules.
• Query, aggregate, and manipulate large datasets to transform information into key business insights.
• Design efficient, regulation-compliant department/system processes for Risk Management.
• Lead change implementation and prepare related training materials.
• Adhere to best practices in modeling and model risk management (e.g., parameterize and calibrate forecasting models, monitor model assumptions, develop and update documentation).
• Provide technical and business subject matter expertise, including ad-hoc analysis that may become standard for the bank.
• Monitor data integrity and model risk controls execution, identifying risks and proactively solving problems.
• Create executive-level packages and presentations for risk committees and working groups.
• Initiate and lead discussions and meetings, preparing and delivering formal presentations to key stakeholders.

Requirements

• Bachelor’s degree in Economics, Mathematics, Computer Science, Statistics, Finance, or a relevant discipline (required).
• Master’s degree in a related field (preferred).
• FRM and/or CFA certification (preferred).
• 6 years of financial risk management or related experience (required).
• 3 years of experience with statistical and/or database software packages such as SAS, R, Python, SQL, or Matlab (required).
• Proactive approach with strong analytical, reasoning, and relationship-building skills.
• Demonstrated ability to translate 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, fast-paced environment.
• Strategic thinking and creative problem-solving skills.
• Experience with risk management platforms, data visualization tools (e.g., QRM, Tableau, Power BI), and advanced Excel.

Schedule

This is a sedentary role involving occasional physical exertion (e.g., lifting up to 10 pounds). Sedentary work involves sitting most of the time, with brief periods of walking or standing. Occasional travel (typically once a month or less) is required.

Pay

The typical base pay range for this role is $110,000 – $135,300, with eligibility for a discretionary annual incentive program based on individual and organizational performance.

About CoBank

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing, and other financial services to agribusinesses and rural power, water, and communications providers in all 50 states. CoBank also offers wholesale loans and financial services to affiliated Farm Credit associations serving farmers, ranchers, and rural borrowers. As a member of the Farm Credit System, CoBank is headquartered outside Denver, Colorado, with regional banking centers across the U.S. and an international representative office in Singapore.