Risk & Control Analyst
Start a Rewarding Career with Alliant
Why Alliant?
We’re not a typical financial institution – we’re better. We’re an innovative, fun-loving, highly-engaged group of professionals that are committed to our company and the communities we do business in. We love to recognize and celebrate each other.
Over 90% of our employees say we are a great workplace that is focused on our mission, vision and the future of banking.
What will your day look like?
You will create and execute remediation plans for issues arising from internal/external reviews or business self- identification. They will work with the various businesses to create ongoing monitoring practices and develop independent monitoring plans to review business processes, products, and services for adherence to internal policies and standards; and compliance with applicable federal, state, and local laws and regulations. The Risk and Control Analyst will work with employees of the business to develop remediation plans, validation of remediation efforts, and to confirm monitoring results. Additionally, the analyst will be responsible for providing key stakeholders timely and accurate reporting on the status of all risk related issues and events.
Responsibilities
Do you see yourself doing this?
- Work with all lines of business to ensure that all Risk Issues and Events are comprehensively captured and closed within established target dates.
- Develop and implement standards and policies appropriate for the business that conform to the principles and policies established by Risk Management.
- Develop, execute, and validate remediation plans for assigned business areas, products, and services
- at the credit union or third parties.
- Analyze issues to determine root cause and provide recommendations for remediation plans to management and business.
- Follow written policies, standards, and procedures for how the remediation and monitoring programs are designed to function.
- Complete assigned monitoring according to monitoring plan schedule.
- Work closely with internal partners to identify process gaps
- Work as an agent on the businesses’ behalf when working with the 2nd and 3rd lines of defense
- Perform review activities that will provide reasonable assurance that controls are designed and operating effectively
- Ensure all review results are stored according to internal guidelines
- Provide feedback to assigned lines of business for areas of concern, and transition into formal action plans when necessary
- Write clear issue statements and develop effective remediation plans.
- Provide clear and concise remediation status reports
- Design effective controls and monitoring plans.
Qualifications
What makes you a great fit?
You’ll be a great fit if in addition to the completion of high Cschool (Bachelor’s degree preferred), 3+ years of in a testing, audit or quality control background, preferably in the financial services industry is required, and you have:
- 5 + years risk and compliance experience preferably in Financial Services industry
- Broad knowledge of financial services and industry best practices for continuously improving a Business Risk Management function is necessary for this role.
- Excellent analytical skills.
- Exceptional written and verbal communication skills.
- Ability to influence and build strong partnerships.
- Highly effective time and project management skills
- Technical aptitude and ability to work collaboratively with a team
- Strong attention to detail
- Demonstrated ability to handle multiple assignments simultaneously in a time-bound schedule.
- Effective stakeholder management skills
- Expert problem solving, decision making and analytical skills
- Expert level of proficiency in Excel, PowerPoint, and other Microsoft Office applications
- Experience with working and developing within Microsoft Access Database preferred
When you’re happy, we’re happy!
As a thank you for joining our team, you’ll benefit from:
- Competitive medical, dental, and free vision benefits
- Competitive compensation plan
- Contributions towards gym memberships
- Generous PTO and banking holidays off