Senior Risk Analyst

United Nations Federal Credit Union (UNFCU); New York (NY); Hybrid; USD 93,000 - 120,000; Full time

Job summary

The United Nations Federal Credit Union (UNFCU) is seeking a Risk Management Analyst to contribute to the Enterprise Risk Management (ERM) framework. This role involves assessments, compliance, and data analysis to support organizational goals while ensuring alignment with regulatory requirements. As part of a hybrid role, you'll work collaboratively across teams, analyze key risk indicators, and prepare insightful reports for governance. Candidates should hold a Bachelor’s degree and have 3-5 years of relevant experience in financial services.

Qualifications

• 3-5 years of experience in financial services, risk management, internal audit, or compliance.
• Proficiency in data visualization tools like Power BI or Tableau.
• Strong analytical skills with the ability to interpret data into insights.

Responsibilities

• Support the ERM Framework and documentation focusing on Risk and Control Self Assessments (RCSA).
• Conduct control assessments and provide recommendations for improvements.
• Analyze risk data to identify trends and provide actionable recommendations.

Skills

Data analysis

Analytical skills

Risk assessment methodologies

Communication

Education

Bachelor’s degree or equivalent experience

Tools

Power BI

Tableau

Job description

Why join this team

Serve as a key contributor to the implementation and ongoing maintenance of the ERM Framework to ensure alignment with the Credit Union’s strategic objectives and regulatory requirements. Support various ERM processes including process mapping, risk assessments, control development, new product risk evaluations, and documentation. Provide audit and examination support within assigned areas. Analyze key risk indicators (KRIs) and risk assessment results to prepare reports and insights for the ERM Department and governance committees.

This position is expected to be hybrid.

NYC Salary Range - $93,540 - $119,880 annually; compensation is commensurate with geographic location.

What you'll do

Accountabilities:

• Uphold UNFCU’s mission, values, and principles by providing exceptional service to colleagues and members through consistent demonstration of service excellence behaviors.
• Support the ERM Framework and documentation, primarily focusing on Risk and Control Self Assessments (RCSA).
• Assist in maintaining ERM processes, including oversight, tracking, and documentation of models in compliance with ERM Model Risk policy.
• Contribute to the New Product risk assessment program by facilitating assessments, summarizing results, and advising on mitigation strategies.
• Perform additional responsibilities and ad-hoc projects to support the ERM Department and organizational goals.
• Ensure compliance with applicable laws, regulations, and UNFCU’s Code of Ethics & Business Conduct.

Risk Assessments

• Support planning, execution, and documentation of RCSAs across business units, providing recommendations for improvements.
• Conduct control assessments to evaluate internal controls' design and effectiveness.
• Monitor action plans for remediation of control weaknesses or risk issues.
• Map processes to identify critical processes, risks, and controls.
• Use data analytics to improve risk assessments and support decision-making.
• Collaborate with departments to communicate findings, develop mitigation strategies, and support the ERM Framework.

Data Analysis and Risk Reporting

• Analyze risk data to identify trends and anomalies, providing actionable recommendations.
• Develop and maintain risk reports and dashboards for stakeholders, including senior management and RMC.
• Respond to ad-hoc analysis and reporting requests from management.

Collaboration and Communication

• Work with First Line of Defense on daily activities to ensure progress on key activities.
• Maintain strong inter-departmental relationships to support risk oversight and a risk-aware culture.
• Assist in preparing presentations and training materials for the ERM Department.
• Communicate effectively across teams, management, and vendors.

Qualifications

• Bachelor’s degree or equivalent experience.
• 3-5 years of experience in financial services, risk management, internal audit, or compliance.
• Proficiency in data visualization tools like Power BI, Tableau, or similar.
• Experience with RCSA, internal controls, and risk assessment methodologies.
• Strong analytical skills with the ability to interpret data into insights.

Preferred Qualifications

• Experience with ERM frameworks and practices.
• Operational risk management experience.
• Familiarity with GRC systems.
• Excellent communication skills and attention to detail.
• Knowledge of ERM principles, especially in financial services.
• Understanding of risk governance frameworks, including the Three Lines of Defense.
• Basic knowledge of non-financial risks (Operational, Compliance, Fraud, BSA/AML).

About UNFCU

UNFCU is a global, not-for-profit financial institution serving the UN community. We are committed to service excellence, diversity, and inclusion. We prohibit discrimination and harassment of any kind. All applicants will be considered without regard to protected characteristics.