Operational Risk Analyst I (OPERA012947) - #1408404

Centennial Bank


Date: 1 day ago
City: Conway, AR
Contract type: Full time
This job was posted by https://www.arjoblink.arkansas.gov : For more

information, please see: https://www.arjoblink.arkansas.gov/jobs/4459048

**GENERAL DESCRIPTION OF POSITION**

The Operational Risk Analyst I will directly support the Operational

Risk Management (ORM) Program and will contribute to the development and

ongoing support of the Bank\'s risk management programs. This role is

responsible for the monitoring and reporting of operational risk related

to the application of bank policies and procedures as well as state and

federal laws and regulations. In this role, the employee will be

participating in most aspects of the risk assessment process and

assisting in the administration of the Bank\'s Governance, Risk, and

Compliance (GRC) tool. This role will also include, at a minimum,

support duties that involve research, analysis reporting, and handling

of confidential information, as well as communication with bank

management and/or various bank level committees. Strong interpersonal

skills are essential in building relationships with risk management and

line of business partners across the Bank to help drive a strong risk

culture.

**ESSENTIAL DUTIES AND RESPONSIBILITIES**

1\. Responsible for several aspects of the risk assessment process This

can include engaging with all Lines of Business in process/control

mapping, building out risk assessments, identifying control

gaps/weaknesses, documenting issues, analyzing results, preparing

assessment reports, and providing effective challenge on completed

assessments. This duty is performed as needed, about 20% of the time.

2\. Provides support in implementing, maintaining, and enhancing the

Bank\'s Three Lines of Defense Program. This duty is performed as

needed, about 20% of the time.

3\. Identifies and supports efforts to strengthen internal controls.

This duty is performed as needed, about 5% of the time.

4\. Assists in monitoring of the First Line testing of internal controls

to identify operational risk exposures and ensure timely and effective

corrective action is taken. This duty is performed as needed, about 10%

of the time.

5\. Supports ORM in the development of operational risk scenario

analysis and review operational loss events. This duty is performed as

needed, about 5% of the time.

6\. Assists in developing program enhancements in line with regulatory

expectations and industry practices. This duty is performed as needed,

about 5% of the time.

7\. Assists in standardizing and maintaining a robust report and risk

taxonomy using the Bank\'s GRC platform. This duty is performed as

needed, about 5% of the time.

8\. Monitors internal metrics and industry trends to assist in

identifying and mitigating emerging operational risks. This duty is

performed as needed, about 5% of the time.

9\. Assists in the implementation and ongoing maintenance of the Bank\'s

GRC platform. This will include serving as an administrative user for

the system. This duty is performed as needed, about 15% of the time.

10\. Drafts and reviews policies and procedures related to the

Operational Risk Management Program. This duty is performed as needed,

about 5% of the time.

11\. Responsible for preparing reports for Executive Management and/or

other board level committees as required. This duty is performed as

needed, about 5% of the time.

12\. Works in conjunction with staff from front line operating units and

various other LOBs such as ERM, Information Technology, Information

Security, Compliance, and Internal Audit to ensure that operational risk

exposures are appropriately identified, measured, monitored, and

controlled. This duty is performed as needed.

13\. Assists in planning and coordination of both Internal and External

Audits. This duty is performed as needed.

14\. Completes all required BSA/AML training, as well as other

compliance and risk management training as required. Seeks continuing

e ucation opportunities to expand knowledge of risk management

principles. This duty is performed quarterly.

15\. The ability to work in a constant state of alertness and in a safe

manner. This duty is performed daily.

16\. Perform any other related duties as required or assigned.

**QUALIFICATIONS**

To perform this job successfully, an individual must be able to perform

Each Essential Duty Mentioned Satisfactorily. The Requirements Listed

below are representative of the knowledge, skill, and/or ability

required.

**EDUCATION AND EXPERIENCE**

Broad knowledge of such fields as accounting, marketing, business

administration, finance, etc. Equivalent to a four year college degree,

plus 12 to 18 months related experience and/or training, or equivalent

combination of education and experience.

**COMMUNICATION SKILLS**

Ability to write reports, business correspondence, and policy/procedure

manuals; ability to effectively present information and respond to

questions from groups of managers, clients, customers, and the general

public.

**MATHEMATICAL SKILLS**

Ability to calculate figures and amounts such as discounts, interest,

commissions, proportions, percentages, area, circumference, and volume.

Ability to apply concepts such as fractions, ratios, and prop

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Sales Representative - Paid Relocation to Cincinnati - $2500 SIGN-ON BONUS

Total Quality Logistics, Conway, AR
2 weeks ago
About the role: TQL is seeking motivated, high performing individuals to apply for our Fast Track Sales Development Program. We will pay to relocate you to Cincinnati, Ohio to train with some of the top brokers in the company. Once you’ve completed training and built a solid book of business, TQL will pay to relocate you again to any of...

Director of Sales - Central Arkansas Athletics

Peak Sports MGMT, Conway, AR
3 weeks ago
Job Title: Director of Sales Company: Peak Sports MGMT Location: Central Arkansas Athletics (Conway, AR) About Us Peak Sports MGMT is a leading third-party multimedia rights organization specializing in partnering with college athletic departments to optimize their corporate partnerships and ticket sales. In collaboration with multiple college athletic departments across the country, Peak Sports MGMT is tasked with overseeing and...

Assistant Teacher

The Goddard School, Conway, AR
4 weeks ago
Benefits: Dental insurance Employee discounts Health insurance Paid time off Training & development Vision insurance FULL-TIME The Goddard School located in Conway, Arkansas is seeking a self-motivated, fun, and nurturing Assistant Teacher. You will support the Lead Teacher in creating engaging programs, managing the classroom and ensuring a safe, stimulating environment. Bring your energy, enthusiasm and creativity to our supportive,...