Description

As the First Line Risk Sr Analyst, you will partner with the Risk Managers, executing the control monitoring program for multiple complex lines of business and/or products. You will be expected to work within established timelines to deliver control self testing and key risk indicator monitoring, which are critical to determining control environment effectiveness. Additionally, you will be responsible for assessing material controls, as well as monitoring and evaluating proper escalation procedures in place to ensure compliance with key rules and regulations. You will be responsible for keeping the Risk Manager apprised of testing progress and providing your opinion on control effectiveness results including analysis of themes and findings.

Primary responsibilities include

Partner with the Risk Managers, execute the control monitoring program for multiple complex lines of business and/or products.Work within established timelines to deliver control self testing and key risk indicator monitoring, which are critical to determining control environment effectiveness.Assess material controls, monitor and evaluate proper escalation procedures are in place to ensure compliance with key rules and regulations. Input control monitoring results into the system of record. Keep the Risk Manager apprised of testing progress, provide an opinion on control effectiveness results including analysis of themes and findings.Collect the outputs of control monitoring results for management’s use.Analyze results that summarizes key issues and recommended actions to present findings for business line management.Participate in the Risk and Control Self Assessment (RCSA) process, creation and validation of process maps which reflect key business line processes and related controls. Based on RCSA output, partner with subject matter experts to create new tests, refresh existing tests, retire tests and develop key risk indicators (KRIs) based on areas of material risks.Conduct testing and determine if enhanced controls are effective to support issue closure.Role will act as a technical expert in support of one or more critical business processes. As part, will be the primary point of contact for the topic and responsible for providing knowledge, expertise, and support to the First line units. Responsible for supporting other business line related activities.

Qualifications, Education, Certifications and/or Other Professional Credential

Experience:

2-4 years experience in a Risk monitoring and testing environment Intermediate knowledge of internal controls and risk assessmentKnowledge of banking products and operations, regulatory requirements, and key processes, controls, and exposure Experience delivering under tight deadlines while maintaining quality standardsExcellent business writing skillsExcellent interpersonal skillsProficient use of MS Word, MS Excel and PowerPoint and Visio

Education:

Bachelor's Degree: Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field or equivalent work experience

Hours & Work Schedule

Hours per Week: 40Work Schedule: 3 Days in Office

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Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.