Senior Financial Risk Analyst
MVB
full-time
Posted on:
Location Type: Remote
Location: Remote • Arizona, Florida, Maryland, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Dakota, Texas, Virginia, Washington, West Virginia • 🇺🇸 United States
Visit company websiteJob Level
Senior
About the role
- Leads comprehensive analysis of credit, market, liquidity, and/or model risks and provides strategic guidance to senior management on risk exposures
- Establishes key risk indicators (KRIs) and proactively monitors risk exposures across business lines
- Identifies emerging risks through the monitoring of early warning indicators and provides strategic recommendations to senior management and board committees
- Reviews financial models (such as CECL, stress testing, and/or ALM models) and provides effective challenge on model methodology, assumptions, and limitations
- Maintains model inventory and works with model owners and validators to ensure findings are remediated
- Challenges business unit risk mitigation strategies and ensures remediation plans adequately address root causes
- Provides independent assessments on regulatory preparedness and leads the preparation for regulatory examinations and audits
- Monitors changes in regulatory requirements and partners with senior leadership to develop action plans to address impact of changes
- Provides effective challenge to business line policies to meet regulatory requirements
- Provides information to management by assembling and summarizing data, preparing reports, making presentations of findings, analyses and recommendations
- Leads effective challenge of due diligence processes for new business lines or products
Requirements
- Bachelor’s degree in accounting, finance, economics, or related field, or equivalent work experience
- 5+ years of experience working in banking, financial services, or risk management
- Demonstrated experience in credit, liquidity, or model risk management
- Experience supporting or participating in regulatory examinations
- Working knowledge of applicable banking regulations, with particular emphasis on FDIC credit, liquidity, and model risk management regulations
- Experience reviewing or analyzing financial models (CECL, stress testing, ALM, or similar)
- Excellent written and verbal communication skills with ability to present to senior management
- Strong analytical, critical thinking, and quantitative skills with attention to detail
- Collaborative approach to working with business units while providing independent challenge and objectivity
- Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Professional skepticism and sound judgment
- Advanced Microsoft Excel proficiency
- Experience with risk management software
Benefits
- Medical, Dental and Vision Insurance
- Health Savings Account (HSA), Health Reimbursement Account (HRA) & Flexible Spending Accounts (FSA)
- Short- and Long-Term Disability Plan
- Group Life Insurance
- 401K Salary Deferral Plan
- Wellness Program
- Education & Tuition Expense Reimbursement
- PTO and Unique Vacation Purchase Program
- Nationwide Pet Insurance Coverage
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
credit risk managementliquidity risk managementmodel risk managementfinancial modelingCECLstress testingALMregulatory compliancedata analysisquantitative analysis
Soft skills
communication skillsanalytical skillscritical thinkingattention to detailcollaborationtime managementprofessional skepticismsound judgmentindependent challengeobjectivity