Deposits Risk Analyst - Frontline Controls

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

Benefits offered by this job

Retirement savings: 401(k) and Pension

Paid time off to volunteer

Colleague Resource Groups

Competitive salaries and development

Well-being programs, parental leave, 1

Employee stock purchase plan

Military benefits

Personal banking, loans, investments,

Job summary

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

The role emphasizes risk assessment, control testing, and collaboration across risk, compliance, and operations to safeguard customers and the bank.

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 escape 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.

Education

Bachelor's Degree or equivalent combination of education and experience in Risk Management, Business, Finance, Data Analytics or a related field

Job description

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

The role emphasizes risk assessment, control testing, and collaboration across risk, compliance, and operations to safeguard customers and the bank.