Risk Analyst

Federal Reserve Bank of Kansas City; Kansas City (MO); Hybrid; USD 64,000 - 92,000; Full time

Benefits offered by this job

Remote work flexibility

Job summary

Federal Reserve Bank of Kansas City is seeking a risk analyst to drive risk assessment projects, produce actionable recommendations, and support the implementation of new risk programs. The role involves collaboration with management and cross-functional teams to strengthen risk controls across the organization.

The candidate will analyze risks affecting operations, performance, and strategic objectives, and develop comprehensive risk reports for leadership.

Qualifications

• Bachelor's degree or equivalent combination of directly related education and/or experience.
• A background in risk, compliance or audit is preferred.
• Strong organization skills and relationship building are preferred.

Responsibilities

• Serve as a consultant to management by completing projects and preparing recommendations for improving current practices or implementing new programs in the Risk function.
• Lead qualitative and quantitative analyses to support programming and new products/services.
• Develop and update policies and procedures and deliver risk-focused recommendations to leadership.
• Analyze and evaluate risks affecting operations, performance, and strategic objectives.
• Collaborate with cross-functional teams to identify emerging risks and mitigation strategies.
• Track risk indicators and communicate findings to leadership and stakeholders.

Education

Bachelor's degree or equivalent

Job description

Key Activities

• Serves as a "consultant" to management by completing projects and preparing recommendations for improving current practices or implementing new programs and process within the Risk function.
• Works on assignments that range from quantitative analytical projects and qualitative analysis in support of programming.
• Leads ad hoc qualitative analysis such as supporting the research, recommendations and implementation of new products and services and developing and updating policies and procedures.
• Analyze and evaluate risks affecting the organization's operations, performance, and strategic objectives.
• Collaborate with cross-functional teams to identify emerging risks and recommend mitigation strategies.
• Track risk indicators consistently and communicate findings to leadership, stakeholders, and relevant parties.
• Develop comprehensive risk reports and deliver presentations tailored for both internal and System stakeholders.
• Stay current with industry best practices, regulatory requirements, and evolving trends in enterprise risk management.
• Lead risk awareness training sessions and facilitate workshops to promote a strong culture of risk understanding throughout the organization.

Qualifications

• Typically requires at least 3 years of relevant experience. A background in risk, compliance or audit are preferred.
• Bachelor's degree from an accredited college or university, or equivalent combination of directly related education and/or experience.
• Strong organization skills and relationship building are preferred.

Additional Information

How We Work

• Onsite, full time (with 5 days per month remote work flexibility) Optional
• Location(s): Kansas City
• Remote Only Eligible: No

Salary

• $64,000 -$82,8000 / Analyst Experienced level
• $71,100-$92,000 / Analyst Senior level
• Final offers are determined by factors including the candidate's qualifications, internal alignment considerations, district assignment, and geographic location.

Screening Requirements

Certain eligibility requirements apply.

Sponsorship

The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. (Required unless sponsorship approved)

About Us

Total Rewards & Benefits

Who We Are

What We Do

Full time

Regular

Job Exempt Yes

Job Category Operations Family Group

Work Shift First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.