Lead Risk Management Analyst (Compliance Reviews)

Company: Navy Federal Credit Union
Location: Pensacola
Posted on: September 2, 2024

Job Description:

OverviewTo develop and manage a comprehensive risk strategy for the business unit which maximizes business operations benefits while minimizing risk exposure and maintaining compliance, covering the risk exposure for the full portfolio of the organization's activities/interest. Promote operational efficiency and service excellence through appropriate risk management strategies, process improvements and training while reducing and mitigating operational, reputation, legal/regulatory and financial losses. Provide analytical support and execution for various business strategies to ensure Navy Federal goals are met. Perform more complex/unusual tasks with moderate latitude and increased impact.ResponsibilitiesDevelop strategies and models related to operational risks looking at operational, compliance and regulatory elementsAssess exposure to risk, ways to measure operational risk, establishes policies and procedures to minimize risk, identifies ways to protect the organization from financial loss and reputational damageDevelop and implement a process for responding, tracking and managing internal and external exam findings.Evaluate alternative means of reducing the business operations' exposure to financial loss, damage to the organization's reputation and loss of business continuityUtilize innovative financial impact analysis and problem solving skills to optimize business performance and minimize strategic risk exposureDevelop and implement operational risk management frameworks, methodologies, reporting, quantification/testing, policies, standards, and procedures as appropriateDevelop and optimize risk strategies and guidelines that drive organizational growth while ensuring that portfolios operate within boundaries of acceptable riskConduct statistical / financial analysis on internal and external market data to discover the tradeoffs of competing business objectives such as growth, profitability, market share and competitive positionProvide regulatory and compliance assessments of products and/or services for the divisionCollaborate with cross-functional teams to implement effective programs and measures designed to identify and mitigate risks associated with business operationsPerform full cycle model design and development which includes but is not limited to identifying objectives, sampling, testing/validation, calibration, and monitoring performanceDevelop various operational strategic opportunities and efficiencies surrounding the regulatory and compliance mattersEvaluate, develop, and implement analytical techniques and best practices to gain a competitive advantageDevelop systems to control and monitor assets in terms of operational riskServe as subject matter expert regarding business optimization and risk evaluationsServe as a subject matter expert with internal and external auditors (e.g., NCUA, CFPB, and contracted third parties) to address and resolve audit questions and findingsGather and synthesize data; present conclusions and offer risk mitigation, remediation and process improvement solutions to managementPrepare position papers to highlight issues which may or will impact Navy Federal operationsDevelop and coordinate the production of performance reports to senior managementMake presentations to management and staff on industry and regulatory related news and developmentsPerform other duties as assignedQualificationsAdvanced knowledge and understanding of risk-based auditing techniques and methodologiesExpert knowledge of operational and regulatory risk controls, concepts and practicesExpert knowledge of applicable federal and state regulations, company policies, and industry best practicesSignificant experience in managing cross-functional, multi-dimensional teams and projects of the highest complexity which have business risk and impactProven ability to plan, organize and effectively execute risk mitigation and process improvement initiativesAbility to maintain professionalism when delivering challenging and unfavorable messagesProven ability to influence management decision makingAdvanced knowledge of products, services, processes, requirements, and systems related to the business unitAbility to comprehend, analyze, interpret, communicate and apply government and financial industry regulations related principles and practices, and company instructions, procedures and policiesAbility to work independently and in a team environmentSignificant experience in collaborating across organizational boundaries and building partnerships across various functionsSignificant experience in managing multiple priorities independently and/or in a team environment to achieve goalsExpert demonstrating thought-leadership, initiative-taking, decision-making and creativity solving business problemsAdvanced skill interpreting, extrapolating and interpolating data for statistical research and modelingAdvanced organizational, planning and time management skills in order to multi task competing priorities in a fast paced and dynamic environmentExpert skill maintaining accuracy with attention to detail and meeting deadlinesExpert communication and negotiation skills with ability to exercise good judgement and tact in dealing with senior managementMaster's or Advanced Degree in Business Administration, Auditing, Law or related field or equivalent combination of training, education and experienceDesired QualificationsWorking knowledge of project lifecycles and management methodologiesWorking knowledge of Navy Federal's functions, philosophy, operations and organizational objectivesAdvanced knowledge of state and Federal laws; industry regulations, principles, and practices; and company policies that govern the business unit's products/servicesNCCO, CRCM, or other applicable compliance certificationHours: Monday - Friday, 8:00AM - 4:30PMLocation: 820 Follin Lane Vienna, Virginia Heritage Oaks Dr. Pensacola, FL 32526About UsNavy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.--- Best Companies for Latinos to Work for 2024--- Computerworld Best Places to Work in IT--- Forbes 2024 America's Best Large Employers--- Forbes 2023 The Best Employers for New Grads--- Fortune Best Workplaces for Millennials 2023--- Fortune Best Workplaces for Women 2023--- Fortune 100 Best Companies to Work For 2024--- Military Times 2023 Best for Vets Employers--- Newsweek Most Loved Workplaces--- Ripplematch Campus Forward Award - Excellence in Early Career Hiring--- Yello and WayUp Top 100 Internship ProgramsFrom Fortune. 2024 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.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 EOE/AA/M/F/Veteran/DisabilityHybrid Workplace: Navy Federal Credit Union is a hybrid workplace, and details will be discussed during your interview process.Disclaimers: 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. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. 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 positionBank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Keywords: Navy Federal Credit Union, Pensacola , Lead Risk Management Analyst (Compliance Reviews), Executive , Pensacola, Florida