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Risk Analyst

Job Description:

Cross River Bank (“CRB”) is a venture-backed bank reinventing banking to power the financial services of the future. CRB is a leader in Marketplace Lending, providing cutting edge solutions to some of the largest and most innovative FinTechs in the market. As a bank that originates more than $2.5BN annually and manages more than $1.3BN of assets, we are building out enterprise risk management that is crucial to support our business growth.

We are currently looking for a strong Risk Analyst to join our Risk team. The candidate must be self-motivated, results-driven, with a hunger to learn, and good ability to work with people.  If you are a quick learner, sharp thinker, and problem solver, this is a rewarding career opportunity for you.

Responsibilities:

·        Assist VP-Enterprise Risk Management in implementing an ERM program.

·        Collect, evaluate, and maintain data for risk quantification, assessment, and mitigation.

·        Recognize, understand, and analyze root causes, patterns, or trends that could result in risk to the organization. Identify and implement corrective action where appropriate consistent with ERM objectives.

·        Participate in ERM educational assistance across the organization.

·        Support the business units with the management of risk and the integration of ERM processes and provide ongoing training and direction.

·        Conduct ERM-related activity within the established corporate risk appetite and risk tolerance framework.

·        Continually expand knowledge of ERM best practices by attending seminars, reading business publications, and pursuing professional designations.

·        Support the development and application of risk assessment tools, practices, and policies.

·        Coordinate ERM activities as directed with other department stakeholders.

·        Ensure the Bank maintains adequate risk controls to facilitate compliance with laws, regulations, and subjects related to lending and deposit products and services.

·        Support business channels for implementation, risk analysis, and testing of new products and services providing an internal control perspective to identify control gaps and recommendations for improvement. 

·        Assist Chief Risk Officer with risk analysis on due diligence reviews to ensure the Bank’s mitigation of risk with lending and deposit related laws, regulations, and subjects.

·        Assist colleagues with compliance, risk, and Bank policy questions.

·        Additional projects as needed.

Qualifications & Skills

·        BA/BS Degree. 

·        Experience in risk management at a bank or credit union desired but not required.

·        Experience analyzing operational, regulatory, legal, fraud, reputation, strategic, and transaction risk desirable.

·        Knowledge of lending, deposit products and services support structure including experience implementing/monitoring an Internal Audit program desirable.

·        Knowledge of lending and/or deposit consumer compliance laws/regulations/areas desirable.

·        Experience completing and/or review of Risk and Self Assessments desirable.

·        Results oriented, ability to meet deadlines.

·        Integrity, ability to work independently, and strong problem solving skills. 

·        Exceptional collaboration skills and a desire to work as part of a high performance team.

·        Strong verbal and written communication skills.