Operational Risk Analyst

PSECU Pennsylvania State Employees Credit Union; United States; Hybrid; USD 70,000 - 100,000; Full time

Job summary

PSECU Pennsylvania State Employees Credit Union seeks an Operational Risk Analyst to support its Enterprise Risk Management program. You will contribute to ORM development, risk analytics, and policy implementation while collaborating across units.

The role includes leadership responsibilities and a hybrid work arrangement with on-site and remote participation. The ideal candidate has a Bachelor’s degree and 4–6 years in risk management or related fields, with preferred certifications.

Qualifications

• Bachelor’s degree required.
• Four to six years’ experience in risk management and/or an auditing, accounting or a related field.
• Risk management-related certifications preferred.

Responsibilities

• ORM development, risk assessment
• managing ORM processes
• identifying and developing enterprise-wide risk analytics and reports
• implementing ORM-related policies and procedures and facilitating the implementation and integration of risk management principles at all levels of the company
• Supports the business units in re-assessing their risks, and reviews / updates business unit risk / control self-assessments and documentation required for ORM
• Provides leadership, coaching, and/or mentoring to a subordinate group
• May act as a lead or first-level supervisor
• Monitor and analyze emerging risks facing PSECU
• Analyzes the potential impact and likelihood of risks on PSECU’s competitive position, profitability and/or operational effectiveness
• Provide recommendations to proactively manage emerging risks
• Facilitate risk management reviews by meeting with business units, reviewing operations, and making recommendations for compliance with best practices and/or state and federal regulations
• Conduct risk assessments, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the credit union
• Lead and/or participate in reviewing risk management processes for large projects/special projects designed to manage/reduce PSECU risk levels
• Lead ERM processes and systems for file maintenance quality assurance, insurance reviews, and Corporate insurance renewals
• Other duties as assigned

Skills

Risk management

Education

Bachelor's degree

Job description

Members Achieve More isn't just a tagline for us, it's part of everything we do! We're looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that's remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on... The Operational Risk Analyst position will be responsible for supporting the development and operation of PSECU’s Enterprise Risk Management (ERM) program as directed by the Director of Risk.

Responsibilities include:

• ORM development, risk assessment
• managing ORM processes
• identifying and developing enterprise-wide risk analytics and reports
• implementing ORM-related policies and procedures and facilitating the implementation and integration of risk management principles at all levels of the company
• Supports the business units in re-assessing their risks, and reviews / updates business unit risk / control self-assessments and documentation required for ORM
• Provides leadership, coaching, and/or mentoring to a subordinate group
• May act as a lead or first-level supervisor

Schedule: Monday - Friday, 8:00am -4:00pm. This position will be a hybrid model both in person and remote with minimum of onsite expectation of 40% or as needed.

• In this position, you will Monitor and analyze emerging risks facing PSECU
• Analyzes the potential impact and likelihood of risks on PSECU’s competitive position, profitability and/or operational effectiveness
• Provide recommendations to proactively manage emerging risks
• Facilitate risk management reviews by meeting with business units, reviewing operations, and making recommendations for compliance with best practices and/or state and federal regulations
• Conduct risk assessments, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the credit union
• Lead and/or participate in reviewing risk management processes for large projects/special projects designed to manage/reduce PSECU risk levels
• Lead ERM processes and systems for file maintenance quality assurance, insurance reviews, and Corporate insurance renewals
• Other duties as assigned

• Qualifications: Bachelors (Required) Any equivalent combination of experience and education.
• Required Four to Six years’ experience in risk management and/or an auditing, accounting or a related field.
• Required Risk management-related certifications preferred.
• Not Required Certified Enterprise Risk Professional - CERP, Certified Internal Auditor (CIA) - Institute of Internal Auditors (IIA), Credit Union Enterprise Risk Professional - CUERP

In 1934, 22 ordinary people pooled $90 of their own money and formed PSECU, a not-for-profit credit union, to provide a better life for themselves and their families. Since then, PSECU has grown to over $8 billion in assets, more than 590,000 members, and approximately 850 employees. We’ve been recognized by several organizations for our high-quality, low-cost financial products and services, positive member experience, and commitment to helping our Members Achieve More.