Risk Analyst, Enterprise Risk Management & Internal Controls

PenFed Credit Union; Washington (District of Columbia); Hybrid; USD 45,000 - 89,000; Full time

Benefits offered by this job

Health insurance

401(k) match

Paid time off

Parental leave

Life and disability coverage

Job summary

PenFed Credit Union in Tysons, Virginia is seeking a Hybrid Risk Analyst for Enterprise Risk Management & Internal Controls to support the ERM framework and reporting. You will work with ERM management and business units to identify, monitor, and report risks while assisting with risk appetite metrics and Board materials.

The role requires a Bachelor's degree in business or related field and at least one year in financial services, GRC or audit, plus strong Excel, Word, PowerPoint skills and

Qualifications

• Bachelor's degree in business or related field and relevant experience required.
• Minimum of 1 year in financial services, preferably banking or credit union.
• Minimum of 1 year in governance, risk, compliance or audit.
• Strong skills in Excel, Word and PowerPoint; working knowledge of GRC tools.
• Ability to work well with others and communicate clearly with partners and management.
• Experience using AI tools is preferred.

Responsibilities

• Maintain ERM policies, processes, procedures, tools, and systems to support accuracy and effectiveness.
• Collaborate with ERM management and business units to identify, aggregate, monitor, and report risk.
• Support analysis of risk appetite metrics, tolerance limits, and escalation thresholds.
• Gather data, perform analysis, and draft materials for ERM management review.
• Collect, organize, and track business unit risks related to programs.
• Assist with information for NCUA queries and board reporting.
• Support enterprise risk assessment, department risk assessments, capital planning, and performance management.
• Prepare analysis and presentation materials for risk committees and Board.
• Work with risk tracking software applications.

Skills

Excel

Word

PowerPoint

GRC software

Analytical thinking

Collaboration

Education

Bachelor's degree in business or related field

Tools

Archer

ARIS

Tableau

PowerBI

Job description

Job Overview

PenFed is hiring a (Hybrid) Risk Analyst, Enterprise Risk Management & Internal Controls at our Tysons, Virginia location. The primary purpose of this job is to support PenFed's Enterprise Risk Management (ERM) function in supporting the maintenance and execution of the ERM framework.

Job Overview

PenFed is hiring a (Hybrid) Risk Analyst, Enterprise Risk Management & Internal Controls at our Tysons, Virginia location. The primary purpose of this job is to support PenFed's Enterprise Risk Management (ERM) function in supporting the maintenance and execution of the ERM framework.

Responsibilities

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

• Assist with maintaining ERM policies, processes, procedures, tools, and systems to support accuracy and effectiveness. This includes the ability to work within mechanisms (i.e. processes, tools, reporting, etc.) that monitor for the preceding.
• Work with ERM management and business unit partners to support risk identification, aggregation, monitoring, and reporting.
• Support analysis and monitoring of risk appetite metrics, tolerance limits, and escalation thresholds.
• Gather data inputs, perform analysis, and draft reporting materials for ERM management review.
• Collect, organize, and track business unit risks related to specific organizational programs.
• Assist with gathering information and documentation to support NCUA queries.
• Support enterprise-wide activities, including enterprise risk assessment, department risk assessments, strategic planning, capital planning, and business performance management.
• Assist with preparing analysis, documentation, and presentation materials for management, risk committees, and Board reporting.
• Work with various risk tracking software applications.

*This role is responsible for ensuring business continuity.*

Qualifications

• Bachelor's degree in business or a related field, with relevant experience is required.
• Minimum of one (1) years of experience in the financial services industry, preferably within a banking or credit union environment.
• Minimum of one (1) years of experience in governance, risk, compliance (GRC), or audit is required.
• Strong skills in Microsoft Excel, Word and PowerPoint. Working knowledge of GRC and other software (Archer, ARIS, Tableau, PowerBI, etc.)
• Ability to work well with others, ask thoughtful questions, and support constructive discussions are required.
• Ability to think strategically and analytically, solve problems, escalation issues appropriately and manage assigned tasks is required.
• Ability to follow tasks through to completion; willingness to request clarification when needed.
• Strong written and verbal communication skills are required, including communicating clearly with business partners, management and team members.
• Experience using A.I. tools preferred.

Additional Skills

• To perform the job successfully, an individual should demonstrate the following behaviors to perform the essential functions of this job:
• Professional Presence
• Self-Motivation
• Consultative/Collaborative Approach
• Attention to Detail/Quality Control
• Personal Integrity/Ethics
• Professional Competence/Credibility
• Ability to Maintain Confidentiality
• Flexibility/Adaptability
• Planning or Organizational skills

Supervisory Responsibility

This position will not directly supervise employees

Licenses and Certifications

There Are No Additional Licenses And/or Certifications Required.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*

Travel

Ability to be on call is required.

Pay Transparency

The anticipated starting salary range for this role is $ 45,400 .00 - $89,482.00

This position is eligible for an organizational performance based annual bonus, subject to board discretion and approval.

This position is eligible for an individual performance based annual bonus.

Benefits

At PenFed, we offer a robust benefits package designed to support you both personally and professionally. You'll have access to comprehensive health, dental, and vision plans; paid time off; and family-friendly benefits like paid parental leave, care support, and fitness center access. Financial wellness is encouraged through features like a 401(k) match, employee loan discounts, and fully paid life and disability coverage. We also support growth via education assistance, community involvement, and volunteer opportunities.

Our Purpose

Helping members achieve their dreams since 1935. Pentagon Federal Credit Union (PenFed) is one of America's largest federal credit unions, serving 2.8 million members worldwide with $29 billion in assets. PenFed offers market-leading certificates, checking and savings, credit cards, personal loans, mortgages, auto loans, and a wide range of other financial services, always with members' interests in mind. PenFed is federally insured by the NCUA and is an Equal Housing Lender.

Equal Employment Opportunity

PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at [e-mail].