IT Risk Strategy Associate Analyst

City National Bank; Jersey City (NJ); On-site; USD 65,000 - 95,000; Full time

Job summary

A reputable financial institution in Jersey City is looking for an IT Risk Strategy Associate Analyst. The role involves supporting risk management functions, analyzing risks, and preparing reports for senior management and regulators. Ideal candidates have a Bachelor's Degree and experience in IT risk within a financial environment. This position offers a competitive salary and a comprehensive benefits package.

Benefits

Comprehensive healthcare coverage

Generous 401(k) matching

Career development programs

Valued time away benefits

Specialized health and family planning benefits

Qualifications

• 1-3 years of experience in a major financial institution.
• 1+ years of experience in IT risk and control.
• Experience with audit or management initiatives.

Responsibilities

• Provide support for risk analytics, monitoring, and reporting.
• Document meeting notes and distribute to teams.
• Analyze and report on risks and trends.

Skills

Analytical skills

Problem solving

Effective communication

Multitasking

Education

Bachelor's Degree

Tools

Microsoft Office Suite

SharePoint

Job description

IT RISK STRATEGY ASSOCIATE ANALYST

WHAT IS THE OPPORTUNITY?

The Risk Strategy Associate Analyst will support the Risk Strategy team. This role will support the function's strategy, e.g., identification and development of workstreams in partnership with the Head of IT Risk Manager. The role will support the function's FLoD IT Risk routines to ensure appropriate oversight, monitoring, and escalation to senior leadership to ensure efficient risk management. In addition, this function manages and develops risk reporting and metrics to support all FLoD IT Risk routines, including regulatory oversight, issues management, risk advisory updates, escalations of past due / coming due items.

WHAT WILL YOU DO?

• As a key resource on the team, the individual will receive minimal guidance from manager and/or senior members of the team on the following:
• Provide primary support related to risk analytics, monitoring, and reporting, assist Risk Verticals (Risk Advisory, Inter-milestone Testing, Assessments & Testing, Regulatory and Audit Exam Coordination, etc.) functions with reporting requests via support of Risk Strategy and Reporting Team Leader and/or Manager.
• Assist with documenting meeting notes/minutes as applicable to distribute to teams and leaders as needed and as required by Executive Management and the Regulators.
• Consolidate, analyze, and summarize detailed data in simplified format(s) and reports that are meaningful for management to develop reports/presentations for Senior Management and/or Regulators.
• Provide analytics and project management support for the development and implementation of risk management analytics.
• Track, analyze, and report on risks, trends, outcomes, progress, and statuses as needed for presentation and meeting consumption.
• Take guidance from Managers and be able to turn into deliverables and complete projects as needed.

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications

• Bachelor's Degree or equivalent.
• 1-3 years of experience working at a major financial institution on audit and/or management initiatives programs, including management responsibilities.
• 1 plus years of experience in IT risk and control.

Additional Qualifications

• General knowledge of business banking, real estate banking, capital markets, lending, payment operations, etc.
• Ability to plan, organize, multi-task.
• Preferred Big Four or Large Regional Firm IT audit or risk management consulting experience.
• Proficient in Microsoft Office Product Suite, SharePoint.
• Possess problem-solving, analytical (including qualitative analysis), research, and quantitative skills.
• Strong work ethic, ability to make decisions and work under tight deadlines; goal-oriented and takes initiatives.
• Effective presentation and communication (verbal and written) skills.
• Strong work ethic, ability to communicate decisions and work under tight deadlines, goal-oriented, and takes initiative; ambitious and hardworking.

WHAT'S IN IT FOR YOU?

Compensation Starting base salary: $65,000 - $95,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks

• Comprehensive healthcare coverage, including Medical, Dental, and Vision plans, available the first of the month following start date.
• Generous 401(k) company matching contribution.
• Career Development through Tuition Reimbursement and other internal upskilling and training resources.
• Valued Time Away benefits including vacation, sick, and volunteer time.
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes, and musculoskeletal support programs.
• Career Mobility support from a dedicated recruitment team.
• Colleague Resource Groups to support networking and community engagement.

ABOUT US

Since day one we've always gone further than the competition to help our clients, colleagues, and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community, and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status, or other basis protected by law.