Deposit Risk & Controls Analyst – First Line

Associated Bank; Chicago (IL); On-site; USD 57,000 - 97,000; Full time

Benefits offered by this job

401(k) plan

Pension plan

Volunteer time off

Diversity-focused colleague groups

Professional development

Job summary

Associated Bank is seeking a First Line Risk Analyst-Deposits in Chicago to identify, assess, monitor, and report risks within deposit operations. You will partner with business leaders, compliance, and audit teams to ensure risks are identified, documented, and managed effectively.

The role emphasizes collaboration, cross-functional work, and strengthening the control environment across deposit processes. Ideal candidates have 3+ years in financial services and knowledge of regulatory

Qualifications

• Bachelor's Degree or equivalent combination of education and experience in Risk Management, Business, Finance, Data Analytics or a related field.
• 3+ years experience in Financial Services, Operations, Compliance, Audit or Risk Support or related functional industry experience.
• Up to 2 years knowledge of banking industry products and some knowledge of regulatory requirements.

Responsibilities

• Execute risk assessments and control testing across deposit processes to support regulatory compliance and effective risk management.
• Monitor deposit account activity and identify, analyze, and elevate unusual activity or potential risk events.
• Maintain accurate risk documentation, including risk and control assessments, issue logs, control inventories, and remediation records.
• Support the identification, tracking, and resolution of risk issues by gathering evidence and documenting corrective actions.
• Analyze key risk indicators, audit findings, complaints, and other risk metrics to identify emerging trends and concerns.
• Assist with risk assessments for new deposit products, services, process enhancements, and system changes.
• Prepare and support reporting, dashboards, and governance materials through accurate data collection and validation.
• Collaborate with business, compliance, risk management, and audit partners to support coordinated risk and control activities.

Skills

Financial services experience

Regulatory knowledge

Risk management

Education

Bachelor's degree in risk management, finance, or related field

Job description

Associated Bank is seeking a First Line Risk Analyst-Deposits in Chicago to identify, assess, monitor, and report risks within deposit operations. You will partner with business leaders, compliance, and audit teams to ensure risks are identified, documented, and managed effectively.

The role emphasizes collaboration, cross-functional work, and strengthening the control environment across deposit processes. Ideal candidates have 3+ years in financial services and knowledge of regulatory