AVP, Enterprise Risk Management Analyst II - Risk Management

wesbancocareers; Uniontown (OH); On-site; USD 90,000 - 120,000; Full time

Job summary

WesBanco is seeking an Assistant Vice President, Enterprise Risk Analyst II to independently administer assigned components of the enterprise risk management framework, perform risk analysis, monitoring, reporting, and governance activities.

The position evaluates risk information, performs 2nd line reviews of assigned risk processes, identifies emerging risks and trends, and develops recommendations for management.

Qualifications

• Bachelor's degree in Business Administration, Finance, Accounting, Economics, Risk Management, Information Systems, or related field.
• Minimum of 3 years of banking audit or risk-related experience in second line functions such as enterprise risk management, compliance, operational risk or loan review.
• Experience preparing executive reporting preferred.

Responsibilities

• Administer assigned components of enterprise risk programs.
• Perform independent analysis of enterprise risk information/data.
• Monitor risk trends and prepare supporting analyses.
• Identify opportunities to enhance ERM processes.
• Perform research on emerging risks, industry trends, and regulatory developments.
• Lead assigned components of enterprise risk assessments and monitoring activities

Education

Bachelor's degree in Business Administration, Finance, Accounting, Economics, Risk Management, Information Systems, or related field

Job description

The Assistant Vice President, Enterprise Risk Analyst II independently administers assigned components of the enterprise risk management framework and performs risk analysis, monitoring, reporting, and governance activities. The position evaluates risk information, performs 2nd line reviews of assigned risk processes, identifies emerging risks and trends, and develops recommendations for management. The Analyst II serves as a developing subject matter expert in assigned ERM disciplines and provides guidance to business units and junior ERM staff regarding risk management practices, methodologies, and reporting requirements.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Enterprise Risk Administration

• Administer assigned components of enterprise risk programs.
• Perform independent analysis of enterprise risk information/data.
• Monitor risk trends and prepare supporting analyses.
• Identify opportunities to enhance ERM processes.
• Perform research on emerging risks, industry trends, and regulatory developments.
• Lead assigned components of enterprise risk assessments and monitoring activities
• Analyze enterprise risk information and prepare recommendations for management consideration.
• Assist with development and enhancement of enterprise methodologies, tools, and reporting practices

Enterprise Reporting

• Prepare recurring enterprise risk reports and dashboards.
• Develop trend analysis and executive summaries.
• Support preparation of quarterly Board Risk Committee reporting.
• Recommend enhancements to risk metrics and reporting.

RCSA Oversight

• Review and provide preliminary second-line challenge to business unit risk assessments and control evaluations, escalating significant concerns to Enterprise Risk Officers or senior ERM leadership.
• Identify inconsistencies in risk ratings, control assessments, and mitigation plans and recommend corrective action.
• Analyze and challenge documented risks, controls, justification, ratings, testing.
• Prepare 2nd line review reports to management.
• Identify trends requiring escalation.
• Monitor RCSA completions, past dues, status, testing, and action plans and prepare reporting data.

Enterprise Issue Management

• Update issues tracking logs.
• Monitor remediation due dates.
• Prepare issue status and trend reports.
• Perform issues validations, identifying root cause and providing recommendations for appropriate action plans.
• Monitor enterprise, regulatory, and audit issues completion and risk ratings.
• Analyze issue trends.
• Prepare issues tracking management and board reporting.

ERM Technology Administration

• Administration of ERM/GRC platform.
• Coordinate vendor support activities.
• Support data governance and quality assurance.

Governance

• Recommend updates to ERM policies, standards, procedures, and operating guidance.
• Prepare risk materials and meeting documentation for reporting.
• Monitor, analyze and report on management committee documentation, function, and reporting flows.
• Assist with aligning risk ownership to committees, documents, and RCSAs.
• Facilitate risk governance activities for assigned committees and working groups.
• Develop specialized expertise in assigned ERM disciplines and serve as a departmental resource for methodologies, reporting practices, and governance requirements.

Project Risk Assessments

• Participate in enterprise risk reviews for projects and strategic initiatives.
• Evaluate risk documentation.
• Prepare independent risk observations.
• Support effective challenge activities.

Regulatory Support

• Assist with regulatory examination requests.
• Attend exam meetings as assigned and document meeting notes for ERM.

Mentorship

• Provide guidance and training to ERM Analyst I personnel.
• Assist with onboarding and development of junior team members.

Other Responsibilities

• Participate in departmental projects.
• Assist with special analyses as assigned.
• Other general duties as assigned.

OTHER REQUIREMENTS:

Banking is a highly regulated industry and you will be expected to acquire and maintain a proficiency in the Bank's policies and procedures, and adhere to all laws, rules and regulations that are applicable to your conduct and the work you will be performing. You will also be expected to complete all assigned compliance training in a timely manner.

Professional demeanor in appearance, interpersonal relations, work ethic and attitude.

Strong written communication and report-writing skills.

Ability to interact effectively across all levels of the organization, including senior management, other departments and vendors.

Intermediate knowledge of enterprise risk management principles.

Demonstrated ability to manage multiple priorities effectively to meet critical deadlines under difficult time restraints.

Strong analytical and problem-solving skills.

Ability to analyze data and identify trends.

Strong organizational and prioritization skills.

Ability to exercise sound judgement and make recommendations.

Ability to work independently while collaborating effectively across departments.

Ability to maintain confidentiality and exercise sound judgment when handling sensitive information.

Team player with a positive outlook.

Demonstrated proficiency in basic computer applications such as Microsoft Office.

Ability to effectively use technological resources.

Bachelor's degree in Business Administration, Finance, Accounting, Economics, Risk Management, Information Systems, or related field preferred; equivalent combination of education, training, and related experience may be considered.

Minimum of 3 years of banking audit or risk-related experience in second line functions such as enterprise risk management, compliance, operational risk or loan review required.

Experience preparing executive reporting preferred.