Enterprise Risk Analyst

F&M Bank - Archbold, OH; Archbold (OH); On-site; USD 60,000 - 90,000; Full time

Job summary

F&M Bank - Archbold, OH is seeking an Enterprise Risk Management (ERM) Analyst to support the bank’s risk management function. You will assist in risk modeling, risk assessments, and reporting to provide actionable insights to the Board and senior management.

The role involves updating risk assessments, developing dashboards, and supporting regulatory change management, with a focus on maintaining maximum protection of the organization’s assets.

Qualifications

• Bachelor’s degree in related field (Associates required).
• 1-3 years relevant experience preferred.
• Experience in banking industry and knowledge of ERM concepts preferred.

Responsibilities

• Perform periodic risk assessment updates for ERM program risk assessments with business line managers.
• Assist COO and managers in creating risk assessments, dashboards, and stress tests.
• Develop and maintain procedures for risk assessments, dashboards, and stress tests.
• Prepare monthly and quarterly ERM reporting and analysis for the Board and Risk Committee meetings.
• Assist COO in regulatory change management and in monitoring risk factors.

Education

Associates degree in related field

Bachelor’s degree in related field (preferred)

Job description

POSITION SUMMARY

The Enterprise Risk Management (ERM) Analyst supports F&M Bank’s enterprise risk management function by identifying and monitoring risk through the use risk modeling, risk assessments, and risk analysis.

Objectives Of This Role

• Assist Chief Operating Officer (COO) with the administration of the ERM program.
• Assist COO in analyzing ERM models, dashboards, stress tests, and reports to create actionable reporting for the Board and Sr. Management Team with succinct recommendations.
• Assist COO in identifying potential process improvement opportunities within the Risk function.

Responsibilities

• Perform periodic risk assessment updates for the various ERM program risk assessments with the applicable business line managers.
• Assist COO and business line managers in the creation of new risk assessments, risk dashboards, and stress tests.
• Develop and maintain procedures for all risk assessments, risk dashboards, and stress tests.
• Prepare monthly and quarterly ERM reporting and analysis for the Board, Senior Team, and Risk Committee meetings.
• Assist COO in regulatory change management.
• Assist in the development and maintain the organization’s model risk management program.
• Assist COO in monitoring internal and external risk factors including economic, market, and regulatory risks to continuously maintain maximum protection of the organization’s assets.
• Take minutes for the various Risk Committees and ERM Committee meetings.
• Maintain the request lists and examination portals for all regulatory examinations.
• Assist VP, Risk Manager with other risk-related projects/tasks when necessary.

Requirements

QUALIFICATIONS:

• Bachelor’s degree in related field, preferred. Associates degree in related field required.
• 1-3 years relevant experience, preferred
• Experience in banking industry and a working knowledge of enterprise risk management concepts in banking, preferred

Additional Requirements

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Compliance

• As generally applicable to F&M Bank and commensurate with these job functions, this job role includes accountabilities for following Bank policies and related procedures, as well as regulatory requirements involving federal and state laws, regulations, and related guidance.
• Compliance with Bank Secrecy Act (BSA), including accurate completion of Currency Transaction Reports (CTR) when applicable, Anti-Money Laundering Act (AML), Office of Foreign Asset Control (OFAC) and the USA PATRIOT Act. Adhere to Customer Identification, Customer Due Diligence and reporting of suspicious activities to the BSA Department.

Exempt/Salaried Competencies

• Job Knowledge: Understands duties and responsibilities, possesses necessary job knowledge and technical skills, maintains job knowledge current.
• Productivity: Manages a fair workload, volunteers for additional work, prioritizes tasks, develops good work procedures, manages time well, and handles information flow.
• Quality: Is attentive to detail and accuracy, is committed to excellence, looks for improvements continuously, monitors quality levels, finds root cause of quality problems, owns/acts on quality problems.
• Self-Development: Seeks out and accepts feedback, is a proactive learner, takes on tough assignments to improve skills, keeps knowledge and skills up to date, turns mistakes into learning opportunities.
• Adaptability: Ability to plan and organize work in new or changing situations, to apply self in emergencies and to respond to new procedures.

Salary Description

Pay Grade: 1