Risk AnalystEnterprise Risk Management | BankingThis position does not offer remote access. It is an in-office position located in Canton, CT.Summary of the RoleThe Risk Analyst is a detail-oriented and analytical position that supports and enhances the Enterprise Risk Management (ERM) program.
The role will help identify, assess, and monitor risks across the organization that could impact financial performance, operations, and strategic initiatives. The Risk Analyst will collaborate with business partners to strengthen risk awareness and ensure compliance with internal policies, regulatory expectations and audit activities.Key ResponsibilitiesPartner 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 organizationCollaborate 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.SkillsRisk Control Self AssessmentsRisk Management Programs & PolicyRisk Appetite Statement MetricsKey Risk IndicatorsTrainingIssue ManagementData AnalysisReportingCollaborationEducating Business PartnersQualificationsBachelor's degree in Business, Finance, Accounting, or related field (or equivalent experience)2–5 years of experience in risk management, banking, finance, or complianceWorking knowledge of enterprise risk management frameworks and principlesFamiliarity with Governance, Risk, and Compliance (GRC) systems preferredProfessional certifications such as CERP, CRCM, or similar are a plusAdvanced Microsoft Excel and overall proficiency in Microsoft Office applicationsStrong analytical, problem-solving, and organizational skillsExcellent written and verbal communication skillsAbility to work independently, manage multiple priorities and meet deadlinesWhy Join UsOpportunity to play a meaningful role in strengthening enterprise risk management practicesExposure to senior leadership and cross-functional collaborationSupportive and professional team environmentCareer growth within a regulated financial institutionWork Environment & Physical RequirementsPrimarily office-based role requiring prolonged sitting and computer useUse of standard office equipmentOccasional standing, walking, and light lifting (up to 10 pounds)Ability to travel locally as neededEqual Opportunity EmployerWe are committed to creating an inclusive and diverse workplace. Employment decisions are based on qualifications, merit, and business needs, without regard to race, color, religion, sex, national origin, veteran status, or any other protected status.