Business Risk Analyst

Old National Bank; Northern (KY); Hybrid; USD 45,000 - 85,000; Full time

Benefits offered by this job

Medical, dental & vision insurance

401K

Continuing education opportunities

Employee assistance program

Job summary

Old National Bank is seeking a Business Risk Analyst to join the Business Risk Office. The role focuses on risk management across Treasury, Payments, Lending, and operations, providing support to BROs in the design and implementation of risk frameworks and action plans.

Ideal candidates will bring 1–2 years in Banking risk management, strong communication and project skills, and the ability to work across diverse teams in a fast-paced environment.

Qualifications

• Bachelor’s in Operations Management, Risk Management, Finance or related field.
• 1–2 years’ experience in Banking or Financial Services risk management, audit, compliance, or operations.
• Excellent communication, task-oriented, organization, technical and interpersonal skills.
• Ability to work across cultural and geographic boundaries, adapting strategies to diverse markets.
• Strategic and analytical thinker with a problem-solving mindset.
• Strong organizational and project management skills.
• Innovative, forward-thinking, and adaptable to change.
• Comfortable in a fast-paced, evolving environment.

Responsibilities

• Support Risk and Control Programs across the segment, assisting Business Risk Officers (BROs) in design and implementation of action plans, control enhancements and process design for business units.
• Assist in the preparation of training schedules and materials for Heightened Standards Framework implementation.
• Manage Operational Losses under $10k including appropriate reclassification.
• Issues Management reporting, including generation of reports and maintaining accuracy and alignment of stakeholders; management and reporting of Self-Identified issues.
• Continuous Improvement and Best Practices – identify opportunities to streamline workflows, reduce operational risk and enhance control effectiveness across functional areas.

Skills

Banking risk management

Communication

Project management

Organizational skills

Education

Bachelor’s in Operations Management

Job description

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

We are currently seeking a first-lineBusiness RiskAnalystto join our Business Risk Office. The ideal candidate for the Business RiskAnalyst role will have anunderstanding of processesin Treasury Management, Payments, Commercialand Consumer Lending, Fulfillment, Operations and Servicing,Talent,as well as first, second or third line of defense risk management, process and control evaluation, design, and implementation.

The selected candidate will have the opportunity tosupport the Business Risk Manager inbuildingrisk and control activities in the first line of defensefor the Consumer,Commercialand Shared Services space. This role willsupport Business Risk Officers whoimplementrisk frameworks, serve as the first line of defense governance and controlpartnersand should be skilled at collaboration.This supporting role willassistthe BROs as theyserve in advisory capacity in the design and implementation of action plans, controlenhancements,and process design.

Salary Range

The salary range for this position is $44,700.00/yr - $84,500.00/yr. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

Support theBusiness RiskOfficeTeamin initiatives including but not limited to:

• Support Risk and Control Programs across the segment,assistingBusiness Risk Officers (BROs) in the designand implementation of action plans, controlenhancementsand process design for business units.

• Supportin the preparation of training schedules and materialsfor Heightened Standards Frameworkimplementation.

• Management of Operational Lossesunder $10kincludingappropriate reclassification

• Issues Managementreporting, including generation of reports andmaintainingaccuracy and alignment of stakeholders; management and reporting of Self-Identified issues.

• Continuous Improvement and Best Practices – proactivelyidentifyopportunitiesto streamline workflows, reduce operationalriskand enhance control effectiveness across functional areas

Qualifications and Education Requirements

• Bachelor’sinOperations Management,Risk Management,Financeora relatedfield.

• Minimum of1-2years’ experience in Banking or Financial Services risk management, audit, compliance, or operations.

• Excellentcommunication,task-oriented, organization,technicaland interpersonal skills.

• Ability to work across cultural and geographic boundaries, adapting strategies to suit diverse markets.

• Strategic and analytical thinker with a problem-solving mindset.

• Strong organizational and project management skills.

• Innovative, forward-thinking, and adaptable to change.

• Comfortable in a fast-paced, evolving environment.

Key Measures of Success/Key Deliverables:

• Timely completion ofassignedprojects and tasks

• Reduction in residual risk in assigned segment

• Increase in control effectiveness for assigned segment activities

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank. Join our team!