Strategic Risk Analyst - ERM & Banking Insights

Northwest Community Bank; Canton (CT); On-site; USD 70,000 - 110,000; Full time

Job summary

Northwest Community Bank is seeking a risk analyst to bolster the Enterprise Risk Management program. You will identify, assess, and monitor risks across the organization that could impact financial performance, operations, and strategic initiatives.

You will collaborate with business partners to strengthen risk awareness and ensure compliance with internal policies, regulatory expectations, and audit activities.

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

Risk Control Self Assessments

Risk Management Programs & Policy

Risk Appetite Statement Metrics

Key Risk Indicators

Training

Issue Management

Data Analysis

Reporting

Collaboration

Educating Business Partners

Excel

Education

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

2–5 years of experience in risk management, banking, finance, or compliance

GRC systems knowledge

Professional certifications such as CERP, CRCM, or similar are a plus

Tools

GRC systems

Job description

Northwest Community Bank is seeking a risk analyst to bolster the Enterprise Risk Management program. You will identify, assess, and monitor risks across the organization that could impact financial performance, operations, and strategic initiatives.

You will collaborate with business partners to strengthen risk awareness and ensure compliance with internal policies, regulatory expectations, and audit activities.