Principal Risk Analyst

Navy Federal Credit Union

Principal Risk Analyst supporting risk function at Navy Federal Credit Union. Evaluating risks and implementing solutions to mitigate those risks with a focus on operational, or financial risks.

Posted 4/25/2026full-timeVienna • Virginia • 🇺🇸 United StatesLead💰 $111,600 - $163,100 per yearWebsite

About the role

Key responsibilities & impact

Responsible for supporting the operation of the risk function by evaluating and analyzing risks of varying complexity and for identifying and implementing approaches and solutions to mitigate those risks.
May have a focus on one or more particular types of risk such as financial, or operational, risk and may provide advice to management based on this knowledge base.
Work independently to interpret and develop solutions to complex business challenges that have a significant impact on the function or branch.
Plan the research for and development of specialized risk assessment scopes.
Collaborate with management and personnel to optimize risk assessment scope development.
Identify potential business risks, operational and regulatory process deficiencies and improvement opportunities.
Gather and synthesize data; present conclusions and offer risk mitigation, remediation and process improvement solutions to management.
Lead/conduct and assists provide expertise in with the administration of specialized risk assessment and testing lifecycles of business activities, processes, policies and procedures for operational effectiveness and compliance with regulatory requirements, federal and state laws, and Navy Federal's quality control standards, policies and procedures.
Develop, lead and oversee efforts to improve the efficiency and effectiveness of operations and risk mitigation processes – Considerable impact.
Prepare and present to management and/or affected business unit summaries, operational and regulatory risk assessment reports, trending, and remedial or mitigation solutions.
Assist with the development and enhancement of practices, procedures, and instructions.
Develop and maintain strong working relationships with team members, subject matter experts, and leaders; work with senior management on complex issues.
Lead moderate to large projects and initiatives.
Mentor lower level staff.

Requirements

What you’ll need

Subject matter expert within business area/specialization with understanding of interrelationships of different disciplines
Significant knowledge and understanding of risk-based auditing techniques and methodologies
Significant knowledge of applicable federal and state regulations, company policies, and industry best practices
Significant experience managing multi-faceted projects simultaneously that have cross-departmental impact
Significant knowledge of operational and regulatory risk control concepts and practices
Proven ability to plan, organize and effectively execute risk mitigation and process improvement initiatives
Advanced organizational, planning and time management skills
Advanced research and analytical skills
Bachelor’s Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience
**Desired Qualifications**
Master’s Degree in related field or equivalent combination of training, education and experience

Benefits

Comp & perks

Health insurance
401(k) matching
Flexible work hours
Paid time off

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

risk assessmentrisk mitigationrisk-based auditing techniquesprocess improvementdata synthesisproject managementregulatory complianceoperational risk controlanalytical skillsorganizational skills

Soft Skills

independent workcollaborationcommunicationleadershipmentoringplanningtime managementproblem-solvingrelationship buildingpresentation skills