Senior Risk Analyst Job Description
Senior risk analyst
provides appropriate information to the Money Laundering Risk Officer by collating appropriate, accurate and reliable MI to effectively manage compliance risks on Anti Money Laundering reviews.
Senior Risk Analyst Duties & Responsibilities
To write an effective senior risk analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included senior risk analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Providing input into the Model Governance and Model Monitoring processes
Ensure processes and controls exist to deliver robust and timely Risk reporting for senior management [including Operating Committee and Group Risk Management] as required, while supporting the critical principle of differentiating ‘data’ versus ‘information’ in all reporting
Develops and maintains internal and external relationships
Participates in credit new product development teams to maintain awareness of new project development and provide recommendations as needed
Monitors trends in assigned loan/lease portfolio performance and makes credit policy recommendations, when warranted, to compensate for changes in risk
Prepares Risk Review reports for their assigned projects and portfolio(s), ensuring compliance with Risk Review report standards and accuracy of the reports prior to submission to Risk Review management for review
Monitors trends in assigned loan/lease portfolio performance
Leading in the completion of the End-to-End Data Governance Self-Assessments for the US and Canadian portfolios, which involves assessment of operating effectiveness of data governance controls across the Retail pipeline
Assisting in continuous improvement of the Basel Governance framework
Providing input and guidance to the US Retail group, with respect to Basel AIRB Data Governance and compliance and US Governance framework
Senior Risk Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Risk Analyst
List any licenses or certifications required by the position: CFA, CISA, FRM, CRISC, CISSP, CISM, PRM, CPA, PMP, MS
Education for Senior Risk Analyst
Typically a job would require a certain level of education.
Employers hiring for the senior risk analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, Management, Statistics, Mathematics, Economics, Engineering, Computer Science, Graduate, Accounting
Skills for Senior Risk Analyst
Desired skills for senior risk analyst include:
FICO Model Builder
SAS Enterprise Miner
Processes
SQL
Excel
PowerPoint
Word
Statistics
Anti-Money Laundering & Counter Terrorism Finance
SAS
Desired experience for senior risk analyst includes:
BA/BS degree, preferably in Risk Management, Finance or Accounting
MBA, ARM or other insurance designation a plus
Minimum of 4-6 years experience preferably in a risk management and/or finance
Makes day-to-day independent decisions to resolve day-to-day issues
Develop expertise in the field including lending
Stakeholder Management experience is key
Senior Risk Analyst Examples
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Senior Risk Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of senior risk analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for senior risk analyst
- Assist in the counterparty credit risk analysis of standard daily, weekly and monthly reports, ensuring accuracy of the reports
- Analyse key reporting metrics to material deteriorating credit trends are highlighted and understood
- Review significant transactions to help facilitate proper risk controls
- Collaborate with market risk to ensure all product sectors are covered in counterparty credit analysis
- Ensure where models are used outside of the Bank’s core systems, that they follow approved Validation requirements
- Ensure risk metrics are comprehensive, exhaustive, and relevant
- Assist in continuously improving the risk aggregation and analysis tools required for counterparty credit risk
- Liaise with GRM Model Vetting & Validation to ensure risk/valuation models are validated appropriately
- Consult with stakeholders to understand the line of business and/or risk objectives, translate business requirements into development tasks, and ensure alignment of priorities
- Take initiative to identify system and process issues
Qualifications for senior risk analyst
- Flexibility in adapting to changes in internal business and external risk practices
- Thorough understanding of credit approval, relevant external policies and regulations, lines of businesses supported
- 3-5 years in Operational Risk, Internal or External Audit gained within an accounting/audit firm or a financial services firm
- Experience in data modeling, risk management, and strategy development from a business administration, statistical, mathematical, scientific, or financial background would be considered an asset
- Set up data quality control framework
- Build data quality control system for risk analytical data
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Senior Risk Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of senior risk analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for senior risk analyst
- Represent the Finance function at enterprise wide committees and working groups to evaluate the impact of established and emerging risk issues on the Finance areas
- Develop and deliver risk and compliance related communications and training to enhance awareness and adherence to established policies and procedures
- Present to the Senior Finance Management Committee, including the CFO and Controller, risk management strategy, reporting, and updates for the Finance areas on a quarterly basis
- Act as a liaison with External Brokers, Underwriters, and Internal Constituents
- Coordinate the submission and documentation in support of annual renewals
- Assist with ongoing daily / monthly monitoring of investment risk within the CFMI funds
- Manage data sources used for e-payment risk solutions
- Supporting the maintenance of the residual risk reports by running data integrity checks
- Liaise with the Risk team in Munich on relevant topics
- Ensure compliance with all corporate risk guidelines
Qualifications for senior risk analyst
- Assess data quality and detect data quality issue
- Technical orientation
- Experience with programming/scripting language / SQL - a plus
- Experience in Business Analytics –a plus
- Background in Statistics – a plus
- Familiarity with SAS/R – a plus
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Senior Risk Analyst Job Description
Job Description Example
Our growing company is hiring for a senior risk analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for senior risk analyst
- Support or perform risk assessments, quality assurance reviews, and reporting
- Being a subject matter expert in the securities industry and is responsible for updating and monitoring the firm’s Risk Assessment at least on an annual basis
- Defining the department’s testing strategy and conducting testing and analysis of the firm’s Written Supervisory Procedures (“WSPs”), internal policies and procedures relating to broker dealer and registered investment advisor activity to ensure firm compliance with Federal securities regulations (FINRA, SEC, MSRB)
- Identifying and hiring a third-party independent consultant to perform an annual review of the Risk Assessment Department’s testing on an annual basis and leading the annual review process
- Regular communications regarding the status of testing results and any required remediation as a result of testing to staff, management and executive officers, including conducting monthly executive Risk Committee meetings for the firm
- Monitoring changes to securities industry (FINRA, SEC, MSRB, DOL) rules and advise and educate the firm’s department leaders and executives about pending rule changes and how it will affect firm policies and procedures
- Providing on-going training to departmental employees both proactively and in response to deficiencies identified during training
- The Risk Analyst is responsible for identifying and hiring a third-party independent consultant to perform an annual review of the Risk Assessment Department’s testing on an annual basis and leading the annual review process
- Conducting detailed analysis of thematic risk issues for the proactive risk management
- Preparing weekly and monthly reports including contribution to the Credit Committee papers
Qualifications for senior risk analyst
- Bachelors’ degree in mathematics, business, statistics or economics with exposure to math and econometrics
- Strong knowledge of Excel modeling experience with risk management tools (e.g., Risk Watch, Sunguard APT, or Barra)
- Familiarity with Microsoft office – Excel, Outlook, Power Point
- As a seasoned risk analyst, you will leverage your understanding of Consumer credit behaviour to investigate, create, implement and validate various strategies, score cards and policies using complex data including cohort time series analysis
- Monitor and escalate remediation of NACC and TDI technology-related control deficiencies
- Provide expertise and counsel to ensure NACC and TDI TS and businesses understand technology risk/reward decisions holistically
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Senior Risk Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of senior risk analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for senior risk analyst
- Maintain policy files and claim records
- Assist in development of the companies Enterprise Risk Management Programs
- Ability to assist with other Treasury related projects as needed
- Lead subject matter projects
- Create project plans, liaise with stakeholders, perform investigation tests, write final documentation
- Utilize exposure data and perform analyses in catastrophe models
- Interpret modelling results and communicate to stakeholders
- Managerial responsibility for local Catastrophe Risk Analysts
- Assist with various other projects and reporting related to NatCat as required
- Operational support to Business Solutions underwriters globally, dealing with new and renewal business catastrophe risk quotations
Qualifications for senior risk analyst
- Support TS access management processes as required
- 5+ years of applicable experience in a related field
- Financial/analytical reporting skills, including proficiency in Microsoft Office, Sharepoint and/or Risk Management Information system
- Ability to grasp new concepts with ease
- Proficiency in working with mainframe data repositories
- Help plan,design and impliment risk frameworks
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Senior Risk Analyst Job Description
Job Description Example
Our growing company is hiring for a senior risk analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior risk analyst
- Monitoring credit quality metrics or Key Risk Indicators such as delinquency, nonperforming loans and Charge Offs, among others, to identify emerging risks on commercial loan portfolio
- Identifying on an overall-portfolio level relevant trends that affect portfolio collectability and isolate potential problem areas, and on a single-loan level identifies customers that present early-warning triggers proposing measures and monitoring execution of actions and timeline
- Monitoring the achievement of the credit quality objectives and collaborating with the business and credit areas for the proper fulfillment of these objectives
- Monitoring compliance with the provisions of Section 27 of Act No
- Supporting the on-going oversight of loan classifications according to the internal rating system obtaining and providing updated information mainly based on identified risk alerts, payment performance and underlying credit characteristics
- Identifying commercial loans or groups of loans with potential or well defined credit weaknesses
- Monitoring performance of restructured loans including troubled debt restructurings
- Preparing quarterly reports to the senior management with the results of the activity and execution of exit strategies for reducing risk of adversely classified commercial loans with global risk equal to or greater than $2,000,000
- Monitoring the levels of credit concentration by portfolio type, industry and single borrower to maintain a credit allocation within established risk appetites and tolerances and provide reasonable assurance that the Bank’s goals, both strategic and tactical, are achieved
- Coordinating the Credit Risk Monitoring Meetings per business unit on a monthly basis
Qualifications for senior risk analyst
- Monitor an effictive risk environment
- Experience in Market Risk is a pre-requisite
- Thorough understanding of the infrastructure and data in TBSM risk reporting
- Master's degree in Math, Engineering, Finance, or other technical discipline would be an asset
- CFA and/or FRM designations would be an asset
- Experience in data mining and analysis either from a business administration, statistical, mathematical, scientific, or financial background is required