Enterprise Operational Risk Analyst II Job at Navy Federal Credit Union
YOUR LIFE'S MISSION: POSSIBLE
You have goals, dreams, hobbies and things you’re passionate about.
What’s Important to You Is Important to Us
We’re looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them—friends, family and passions. And we're looking for team members who are passionate about our mission—making a difference in military members' and their families' lives. Together, we can make it happen.
Don’t take our word for it.
- Military Times 2021 Best for Vets Employers
- WayUp Top 100 Internship Programs
- Forbes® 2022 The Best Employers for New Grads
- Forbes® America's Best Employers
- Newsweek Top 100 Most Loved Workplaces
- Fortune Best Workplaces for Women
- Fortune 100 Best Companies to Work For®
- Computerworld® Best Places to Work in IT
Basic Purpose
Support the growth and administration of the Operational Risk Management (ORM) program at the enterprise level (second line of defense), including implementing and improving the corporate framework used to identify, analyze, measure and monitor business operational risks (role also may expand to incorporate enhancing the framework to address financial risks). Drive consistent use of the ORM framework by leading risk assessors through process mapping, risk and control identification, risk rating, control assessment and testing and risk reporting, and monitoring progress of risk mitigation plans. Lead or participate in ad hoc projects as needed
Responsibilities
Qualifications
Desired Qualifications and Education Requirements
Hours: Monday - Friday, 8:00AM - 4:30PM
Location: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Dr. Pensacola, FL 32526 | 141 Security Dr. Winchester, VA 22602 |
Navy Federal is now hybrid! Our standard enterprise requirement for a hybrid schedule is to report on-site 4-16 days each month. The number of days reporting on-site will ultimately be determined by the employee's leadership and business unit needs. You will learn more throughout the hiring and on boarding process.
Salary Range: $85,100 - $156,100 annually
Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position.
Responsibilities
- Assist with the development of an enterprise framework for management of operational risk including identification, analysis, measurement, control, monitoring, and reporting of risk
- Execute ORM framework through full cycle development, implementation, and use Lead risk and control self-assessment (RCSA) processes to support consistency of risk owners’ approach throughout the enterprise
- Analyze results of operational risk assessments, engage in effective challenges, and recommend/pursue follow-up as warranted
- Monitor mitigation and remediation efforts on control deficiencies to ensure appropriate and/or agreed upon corrections
- Act as ORM liaison to multiple business units; provide advice and guidance to risk owners and subject matter experts through the lifecycle of operational risk assessments
- Provide thought leadership and contribute to the development of dashboards, scorecards, and reports to support management and the executive team in its evaluation of enterprise risk
- Support the Senior Vice President and Vice Presidents of Enterprise Risk by providing information for internal working groups, committees and other forums as needed
- Assist with the development of policies, procedures, documentation, and training materials related to operational risk management
- Contribute to the development of the enterprise’s GRC system and assist with the buildout of the system’s capabilities
- Develop strong collaborative relationships with team members, management, key stakeholders and/or external contacts (vendors, etc.)
- Stay abreast of applicable federal, state and industry laws, regulations, and guidelines.
- Perform other duties as assigned
Qualifications
- Bachelor’s Degree in business administration, economics, statistics or mathematics, or equivalent combination of training, education, and experience.
- Strong knowledge of banking/financial industry standards and practices.
- Ability to understand, analyze and interpret government and financial industry regulations, related principles and practices, and company procedures and policies.
- Minimum of 5-7 years of hands-on experience with operational risk assessments at a large financial institution.
- Experience with developing business scenarios and providing effective challenges to underlying assumptions.
- Proven ability to manage multiple priorities independently and/or in a team environment to achieve goals.
- Proven ability to influence, instruct and build consensus with internal and external business partners and stakeholders.
- Strong research, analytical and problem-solving skills.
- Strong verbal and written communication skills, with the ability to convey findings, conclusions, and recommendations clearly and concisely.
- Strong organizational, planning and time management skills.
- Intermediate-level word processing and spreadsheet software skills
Desired Qualifications and Education Requirements
- Experience with consumer lending or deposit-taking businesses, information technology/security, payment processing or digital banking activities at a financial institution
- Experience using a well-known GRC system
- Master’s degree in business administration, economics, statistics, mathematics or equivalent combination of training, education, and experience
- Working knowledge of SAS, SQL, SPSS, Tableau or other data analysis or visualization tools
Hours: Monday - Friday, 8:00AM - 4:30PM
Location: 820 Follin Lane, Vienna, VA 22180 | 5550 Heritage Oaks Dr. Pensacola, FL 32526 | 141 Security Dr. Winchester, VA 22602 |
Navy Federal is now hybrid! Our standard enterprise requirement for a hybrid schedule is to report on-site 4-16 days each month. The number of days reporting on-site will ultimately be determined by the employee's leadership and business unit needs. You will learn more throughout the hiring and on boarding process.
Salary Range: $85,100 - $156,100 annually
Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position.
Equal Employment Opportunity
Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability
COVID-19 Safety Protocols
All employees are expected to follow our COVID-19 safety protocols.
Disclaimer
Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position.
Bank Secrecy Act
Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Please Note :
chrismaxcer.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, chrismaxcer.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.