First Line Risk Analyst Senior - Deposits

Associated Bank; Omaha (NE); On-site; USD 70,000 - 120,000; Full time

Benefits offered by this job

401(k) and Pension plans

Volunteer time off

Diversity-focused Colleague Resource/Ž

Competitive salaries

Job summary

Associated Bank in the United States seeks a Senior First Line Risk Analyst to strengthen risk management practices by leading deposit risk initiatives and ensuring robust controls. You will partner across teams to identify risks, improve processes, and deliver insights that support sound decisions while meeting regulatory expectations.

This role offers an opportunity to deepen expertise, contribute to risk culture, and impact multiple lines of business.

Qualifications

• Bachelor's degree in risk management/finance or related field, or equivalent experience.
• 4+ years in financial services with risk management experience.
• Knowledge of enterprise or operational risk frameworks, internal controls, banking products, and regulatory requirements.
• Experience supporting compliance with OCC, BSA/AML, Reg E, Reg CC, and UDAAP.

Responsibilities

• Lead deposit risk mitigation activities to ensure compliance with regulatory requirements and internal policies.
• Monitor deposit risk systems, identify high-risk activity, and communicate findings to leadership and key stakeholders.
• Conduct Initiative Risk Assessments (IRAs) for new deposit products, services, and system enhancements.
• Partner with business teams and second-line risk functions to strengthen controls and support risk management objectives.
• Support issue and event remediation efforts by validating corrective actions and tracking ongoing effectiveness.
• Analyze control testing, quality assurance reviews, and risk reporting to identify trends and opportunities for improvement.
• Coordinate documentation and program support for internal audits and regulatory examinations.

Skills

Analytical skills

Problem-solving

Communication skills

Education

Bachelor's degree in Risk Management, Business, Finance, Data Analytics, or related field

Job description

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Role Summary

As a First Line Risk Analyst Senior, you'll help strengthen the bank's risk management practices by leading key deposit risk initiatives and ensuring effective controls are in place. You'll partner across teams to identify risks, improve processes, and deliver meaningful insights that support sound business decisions while meeting regulatory expectations. This role offers the opportunity to deepen your expertise and make a visible impact across the organization.

Key Accountabilities

• Lead deposit risk mitigation activities to ensure compliance with regulatory requirements and internal policies.
• Monitor deposit risk systems, identify high-risk activity, and communicate findings to leadership and key stakeholders.
• Conduct Initiative Risk Assessments (IRAs) for new deposit products, services, and system enhancements.
• Partner with business teams and second-line risk functions to strengthen controls and support risk management objectives.
• Support issue and event remediation efforts by validating corrective actions and tracking ongoing effectiveness.
• Analyze control testing, quality assurance reviews, and risk reporting to identify trends and opportunities for improvement.
• Coordinate documentation and program support for internal audits and regulatory examinations.

Education & Experience

• Bachelor's degree in Risk Management, Business, Finance, Data Analytics, or a related field, or an equivalent combination of education and experience.
• 4+ years of experience in the financial services industry with responsibilities related to risk management programs and practices.
• Knowledge of enterprise or operational risk frameworks, internal controls, banking products, and regulatory requirements.
• Experience supporting compliance with regulations such as OCC, BSA/AML, Reg E, Reg CC, and UDAAP.

Preferred

• Experience leading risk assessments, control testing, or quality assurance reviews.
• Strong analytical, problem-solving, and communication skills.
• Experience partnering across business and risk functions to implement effective risk solutions.
• Familiarity with issue management and remediation frameworks.

Why You'll Love Working Here

At Associated Bank, you'll have opportunities to grow your career while working alongside talented colleagues who are committed to collaboration, continuous learning, and delivering exceptional results. Your contributions will help strengthen our risk culture, protect our customers, and support the bank's long-term success.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, a employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact [e-mail] if you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.

$70,280.00 - $120,480.00 per year