Business Risk Process Testing Analyst 3- Loan Administration

First Citizens Bank; Raleigh (NC); On-site; USD 76,000 - 91,000; Full time

Job summary

A leading financial institution seeks a Business Risk Process Analyst for a remote position based in Raleigh. This role involves executing risk testing functions and collaborating with business leadership to enhance governance practices. The ideal candidate will possess a Bachelor's Degree and extensive experience in control testing within financial environments.

Qualifications

• 4 years of experience in Control testing, Enterprise Risk, or Commercial Lending.
• Strong knowledge of regulations for large financial institutions.

Responsibilities

• Execute testing function for First Line Monitoring Program.
• Communicate findings clearly and create compliance testing procedures.
• Identify and translate control deficiencies into action plans.

Skills

Control testing

Enterprise Risk

Commercial Lending

Risk and Controls

Education

Bachelor's Degree

High School or GED

Job description

Overview

This is a remote role that may only be hired in the following location(s): Phoenix, Charlotte, Raleigh and Denver

SVB is looking to hire a Business Risk Process Analyst supporting the SVB Commercial Bank. This position is an individual contributor and will report directly to the Director, Business Risk Process Management within the Loan Administration organization and a dotted line reporting to the Business Risk & Control Office.

This position will be responsible for the development and execution of first line risk programs. This position will primarily support the testing function associated with newly established First Line Monitoring Program, which supports commercial credit and loan closing processes across the SVB Commercial Bank. This position must collaborate with both first line risk program as well as business leadership to complete testing on high-risk processes and identify areas for potential improvement. This position must promote an environment of risk awareness and risk ownership across the Bank while adhering to the Company’s Risk Appetite and Corporate Strategy.

This is an integral role within SVB geared towards facilitating and driving ownership of risk across the SVB Commercial Bank. The ideal candidate will drive awareness, business process and operations perspective, accountability, and culture throughout the company; and provide business process subject matter expertise to drive ownership of risk in the business.

The right candidate will play an important role in supporting the evolution and development of the risk framework. Being able to “connect the dots” between related teams and workflows will be paramount to achieving success in this role.

Responsibilities

The Business Risk Process Testing Analyst will support the SVB Commercial Bank and will be responsible for the following:

• Execute the testing function associated with the First Line Monitoring Program
• Communicate testing findings in a clear and concise manner.
• Create testing procedures / testing attributes to ensure compliance with internal policies and procedures.
• Translate potential control deficiencies into action plans and providing recommendations to enhance governance practices in alignment with risk and compliance frameworks.
• Driving effective change management communication among 1st LOD stakeholders
• Anticipating business needs and proactively identifies opportunities to improve and strengthen the control environment through actionable insights.
• Support existing issue remediation efforts or control execution, as needed.
• Providing a proactive and 'no surprises' approach in communicating issues/requests.
• Driving business process and operations awareness, accountability and culture

Qualifications

Bachelor's Degr ee with 4 y ears of experience inControl testing, Enterprise Risk, Commercial Lending, or similar field or High School or GED with 8 years of experience.

Preferred:

• Strong knowledge of applicable laws, rules, regulations, supervisory guidance, and expectations for large financial institutions (LFIs)
• Lending experience, including knowledge of credit packages and the ability to identify credit policy exceptions or insufficient supporting documentation supporting the approval of credit extensions .
• Experience with Risk and Controls or Control Testing
• Understanding of business strategy, critical success factors, risk profile, and potential exposures
• Ability to not only proactively challenge the norm but also effectively develop and implement solutions.

This job posting is expected to remain active for 15 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

For Denver, the base pay for this position is relative to your experience, but the range is generally $76,670- 90,200 annually

Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law.For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Bachelor's Degr ee with 4 y ears of experience inControl testing, Enterprise Risk, Commercial Lending, or similar field or High School or GED with 8 years of experience.

Preferred:

• Strong knowledge of applicable laws, rules, regulations, supervisory guidance, and expectations for large financial institutions (LFIs)
• Lending experience, including knowledge of credit packages and the ability to identify credit policy exceptions or insufficient supporting documentation supporting the approval of credit extensions .
• Experience with Risk and Controls or Control Testing
• Understanding of business strategy, critical success factors, risk profile, and potential exposures
• Ability to not only proactively challenge the norm but also effectively develop and implement solutions.

This job posting is expected to remain active for 15 days from the initial posting date listed above. If it is necessary to extend this deadline, the posting will remain active as appropriate. Job postings may come down early due to business need or a high volume of applicants.

For Denver, the base pay for this position is relative to your experience, but the range is generally $76,670- 90,200 annually

Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law.For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

The Business Risk Process Testing Analyst will support the SVB Commercial Bank and will be responsible for the following:

• Execute the testing function associated with the First Line Monitoring Program
• Communicate testing findings in a clear and concise manner.
• Create testing procedures / testing attributes to ensure compliance with internal policies and procedures.
• Translate potential control deficiencies into action plans and providing recommendations to enhance governance practices in alignment with risk and compliance frameworks.
• Driving effective change management communication among 1st LOD stakeholders
• Anticipating business needs and proactively identifies opportunities to improve and strengthen the control environment through actionable insights.
• Support existing issue remediation efforts or control execution, as needed.
• Providing a proactive and 'no surprises' approach in communicating issues/requests.
• Driving business process and operations awareness, accountability and culture