Risk Analyst, Enterprise Risk Management & Internal Controls

PenFed is hiring a (Hybrid) Risk Analyst, Enterprise Risk Management & Internal Controls at our Tysons, Virginia location.  The primary purpose of this job is to support PenFed’s Enterprise Risk Management (ERM) function in supporting the maintenance and execution of the ERM framework.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties and the position will perform other duties as assigned.

• Assist with maintaining ERM policies, processes, procedures, tools, and systems to support accuracy and effectiveness. This includes the ability to work within mechanisms (i.e. processes, tools, reporting, etc.) that monitor for the preceding.
• Work with ERM management and business unit partners to support risk identification, aggregation, monitoring, and reporting.
• Support analysis and monitoring of risk appetite metrics, tolerance limits, and escalation thresholds.
• Gather data inputs, perform analysis, and draft reporting materials for ERM management review.
• Collect, organize, and track business unit risks related to specific organizational programs.
• Assist with gathering information and documentation to support NCUA queries.
• Support enterprise-wide activities, including enterprise risk assessment, department risk assessments, strategic planning, capital planning, and business performance management.
• Assist with preparing analysis, documentation, and presentation materials for management, risk committees, and Board reporting.
• Work with various risk tracking software applications.      

 *This role is responsible for ensuring business continuity.*

Equivalent combination of education and experience is considered.

• Bachelor’s degree in business or a related field, with relevant experience is required.
• Minimum of one (1) years of experience in the financial services industry, preferably within a banking or credit union environment.
• Minimum of one (1) years of experience in governance, risk, compliance (GRC), or audit is required.
• Strong skills in Microsoft Excel, Word and PowerPoint. Working knowledge of GRC and other software (Archer, ARIS, Tableau, PowerBI, etc.)
• Ability to work well with others, ask thoughtful questions, and support constructive discussions  are required.
• Ability to think strategically and analytically, solve problems, escalate issues appropriately and manage assigned tasks is required.
• Ability to follow tasks through to completion; willingness to request clarification when needed.
• Strong written and verbal communication skills are required, including communicating clearly with business partners, management and team members.
• Experience using A.I. tools preferred.

Additional Skills

• To perform the job successfully, an individual should demonstrate the following behaviors to perform the essential functions of this job:
• Professional Presence
• Self-Motivation
• Consultative/Collaborative Approach
• Attention to Detail/Quality Control
• Personal Integrity/Ethics
• Professional Competence/Credibility
• Ability to Maintain Confidentiality
• Flexibility/Adaptability
• Planning or Organizational skills

Supervisory Responsibility

This position will not directly supervise employees

Licenses and Certifications

There are no additional licenses and/or certifications required.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

*Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*

Travel

Ability to be on call is required.

Pay Transparency 
The anticipated starting salary range for this role is $45,400.00 - $89,482.00
This position is eligible for an organizational performance based annual bonus, subject to board discretion and approval.
This position is eligible for an individual performance based annual bonus.