Risk Analyst

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

Job summary

The Federal Reserve Bank of Kansas City is seeking a Risk Analyst to support the Enterprise Risk Management team. You will collaborate with technology and business partners to analyze risks affecting operations, performance, and strategic objectives, and to recommend mitigations.

Responsibilities include completing projects, preparing recommendations, leading qualitative analyses, developing risk reports, and delivering presentations tailored for internal and System stakeholders.

Qualifications

• Typically requires at least 3 years of relevant risk-related experience.
• Bachelor’s degree from an accredited college or university.
• Strong organization skills and relationship-building preferred.

Responsibilities

• Serve as a consultant to management by delivering projects and recommendations for improving risk practices.
• Lead quantitative and qualitative risk analyses and programming support.
• Lead ad hoc qualitative analyses and support new products/services and policy updates.
• 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.
• Develop risk reports and presentations for internal and System stakeholders.
• Stay current with industry practices, regulatory requirements, and ERM trends.
• Lead risk awareness training sessions and promote a strong risk culture.

Skills

Risk analysis

Regulatory knowledge

Audit exposure

Education

Bachelor's degree

Job description

Federal Reserve Bank of Kansas City

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and driven team for our future. The Risk Analyst will have responsibility for supporting the processes and operations of the Enterprise Risk Management team.

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)
• Location(s): Kansas City
• Remote Only Eligible: No

Salary

• $64,000 -$82,800 / 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

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Full Time / Part Time Full time
Regular / Temporary Regular
Job Exempt (Yes / No) 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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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