Financial Risk Oversight Analyst

Enterprise Risk Management Analyst (Financial Risk Oversight)

Role Summary

This role operates within a centralized risk management function and supports organization‑wide oversight of key financial risks, including liquidity, market, interest rate, and credit risk. The position partners closely with risk leadership and multiple business functions to deliver risk analytics, governance support, and reporting aligned with the organization's Enterprise Risk Management (ERM) framework and defined risk tolerance levels.

The analyst contributes to the design, execution, and continuous enhancement of risk appetite monitoring, second‑line oversight activities, and enterprise‑level risk reporting. The role also provides subject‑matter support across broader risk disciplines, including model risk and third‑party risk, and plays a key role in strengthening risk maturity and regulatory alignment as the organization evolves.

Key Responsibilities

Risk Appetite & Enterprise Reporting

• Support the preparation and delivery of periodic risk appetite reporting for executive management and board‑level committees across multiple risk categories.
• Develop, analyze, and maintain risk appetite measures, dashboards, and key risk indicators, including validation of metric integrity and supporting documentation.
• Contribute to enhancements in certification, governance, and annual review processes related to risk appetite monitoring.

Financial Risk Oversight

• Perform independent analysis and effective challenge of first‑line activities to assess alignment with enterprise risk standards, internal policies, and regulatory expectations.
• Partner with treasury, credit, and other business functions to evaluate financial risk exposures and review risk identification, measurement, and monitoring practices.
• Assist with annual financial risk assessments and cross‑functional reviews of processes, controls, and risk mitigation strategies.

Emerging Risk & Trend Analysis

• Monitor internal and external risk drivers, including economic trends, industry developments, regulatory changes, and market events that may impact the organization's risk profile.
• Analyze emerging risks and communicate insights to risk leadership to support proactive risk management decisions.

ERM Framework Integration

• Promote consistent adoption of the ERM framework across financial risk disciplines.
• Support ongoing enhancement of second‑line oversight tools, methodologies, and governance processes as the organization scales.
• Participate in risk and control self‑assessments (RCSA) and contribute to the maintenance of risk and control inventories for financial risk areas.

Regulatory & Governance Support

• Maintain awareness of applicable regulatory guidance related to financial risk management and assess potential impacts of new or revised requirements.
• Prepare materials and reports for senior risk committees and governance forums, and support presentations and discussions as needed.

Model & Third‑Party Risk Support

• Provide analytical input to model risk activities, including review of financial model assumptions, scenarios, and performance outcomes.
• Support oversight of model changes and ongoing model effectiveness, as appropriate.
• Act as a financial risk subject‑matter resource for third‑party risk assessments, including evaluation of vendor financial condition using audited statements and public filings.

Risk Event Monitoring

• Track financial and operational risk events, support root cause analysis, and collaborate with stakeholders on remediation planning and corrective actions.

Qualifications

• Bachelor's degree required; advanced degree or professional certifications (e.g., MBA, MSF, CFA, FRM) preferred.
• 3-5 years of experience in enterprise risk management, second‑line oversight, or related financial risk functions (e.g., Treasury/ALM, Credit Risk).
• Strong understanding of financial institution risk management practices and applicable regulatory standards.
• Excellent written and verbal communication skills with experience presenting to senior stakeholders.
• Demonstrated ability to partner effectively across business and risk functions while providing independent, constructive challenge.