Risk Analyst – ERM & Banking Risk Management

Northwest Community Bank; Canton (CT); On-site; USD 75,000 - 110,000; Full time

Job summary

Northwest Community Bank is seeking a detail-oriented Risk Analyst to support and enhance the Enterprise Risk Management program. The role will help identify, assess, and monitor risks across the organization that could impact financial performance and operations.

The successful candidate will collaborate with business partners to strengthen risk awareness, ensure regulatory compliance, and assist with internal audits and training initiatives.

Qualifications

• Bachelor’s degree in Business, Finance, Accounting, or related field (or equivalent experience).
• 2–5 years of experience in risk management, banking, finance, or compliance.
• Working knowledge of enterprise risk management frameworks and principles.
• Familiarity with Governance, Risk, and Compliance (GRC) systems preferred.
• Professional certifications such as CERP, CRCM, or similar are a plus.
• Advanced Microsoft Excel and overall proficiency in Microsoft Office applications.
• Strong analytical, problem-solving, and organizational skills.
• Excellent written and verbal communication skills.
• Ability to work independently, manage multiple priorities and meet deadlines.

Responsibilities

• Partner with business units to perform Risk and Control Self-Assessments (RCSAs), identifying risks, evaluating controls, and recommending mitigation strategies.
• Support administration and adherence of enterprise risk management programs, including vendor risk, information security risk, and model risk.
• Track, manage, monitor, and report on risk issues and corrective action plans to ensure timely resolution.
• Analyze and report Key Risk Indicators (KRIs) and Risk Appetite Statement (RAS) metrics.
• Prepare reports, dashboards, summaries and presentations for senior management to support informed decision-making.
• Perform data analysis to identify trends, emerging risks, and potential vulnerabilities.
• Assist in the preparation for internal audits and regulatory examinations, including documentation, supporting planning activities, and follow-ups.
• Support delivery of risk training and awareness initiatives across the organization
• Collaborate cross-functionally to promote a strong risk management culture and ensure alignment with risk management practices.
• Contribute to enhancements in risk tools, systems, and reporting processes and presentations.

Skills

RCSAs

Risk management programs

RAS metrics

KRIs

Training

Issue management

Data analysis

Reporting

Collaboration

Educating business partners

Education

Bachelor's degree in Business, Finance, Accounting, or related field

2–5 years of risk management/ banking experience

Professional certifications such as CERP or CRCM (a plus)

Advanced Microsoft Excel and MS Office proficiency

Tools

GRC systems

Microsoft Excel

Job description

Northwest Community Bank is seeking a detail-oriented Risk Analyst to support and enhance the Enterprise Risk Management program. The role will help identify, assess, and monitor risks across the organization that could impact financial performance and operations.

The successful candidate will collaborate with business partners to strengthen risk awareness, ensure regulatory compliance, and assist with internal audits and training initiatives.