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Associated Bank

First Line Risk Analyst - Deposits

Sorry, this job was removed at 05:18 p.m. (CST) on Friday, Oct 23, 2026
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In-Office
Monroe, Chicago, IL, USA
57K-97K Annually
Mid level
In-Office
Monroe, Chicago, IL, USA
57K-97K Annually
Mid level

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Performs first-line risk management for deposit operations by conducting risk assessments and control testing, monitoring account activity, documenting controls and issues, analyzing risk indicators and audit findings, supporting new product and system risk reviews, and preparing dashboards and governance reports. Collaborates with business, compliance, risk, and audit teams to resolve issues and maintain regulatory compliance, including Bank Secrecy Act obligations.
The summary above was generated by AI

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

The First Line Risk Analyst-Deposits plays a key role in identifying, assessing, monitoring, and reporting risks within deposit operations. As part of the First Line of Defense, you will help maintain a strong control environment by partnering with business leaders, compliance partners, and audit teams to ensure risks are identified, documented, and managed effectively.

Key Accountabilities

  • Execute risk assessments and control testing across deposit processes to support regulatory compliance and effective risk management.
  • Monitor deposit account activity and identify, analyze, and escalate unusual activity or potential risk events.
  • Maintain accurate risk documentation, including risk and control assessments, issue logs, control inventories, and remediation records.
  • Support the identification, tracking, and resolution of risk issues by gathering evidence and documenting corrective actions.
  • Analyze key risk indicators, audit findings, complaints, and other risk metrics to identify emerging trends and concerns.
  • Assist with risk assessments for new deposit products, services, process enhancements, and system changes.
  • Prepare and support reporting, dashboards, and governance materials through accurate data collection and validation.
  • Collaborate with business, compliance, risk management, and audit partners to support coordinated risk and control activities.

Education & Experience

Required

  • Bachelor's Degree or equivalent combination of education and experience in Risk Management, Business, Finance, Data Analytics or a related field.
  • 3+ years experience in Financial Services, Operations, Compliance, Audit or Risk Support or related functional industry experience.
  • Up to 2 years knowledge of banking industry products and some knowledge of regulatory requirements.

Why You’ll Love Working Here

This role offers the opportunity to make a meaningful impact on the strength and effectiveness of the organization's risk and control environment. You'll work closely with cross-functional partners, gain exposure to key regulatory and operational risk activities, and contribute to initiatives that help protect the business and its customers.


We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.


In addition to core traditional benefits, we take pride in offering benefits for every stage of life. 

  • Retirement savings including both 401(k) and Pension plans. 
  • Paid time off to volunteer in your community. 
  • Opportunities to connect with others through our diversity-focused Colleague Resource Groups. 
  • Competitive salaries with professional development and advancement opportunities. 
  • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.  
  • Personal banking, loan, investment and insurance benefits. 

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X. 


Artificial Intelligence Statement


To support our recruiting process, we may use artificial intelligence ("AI") or automated technologies to collect, organize, sort, and analyze information submitted by applicants. These tools may assist our Talent Acquisition professionals in identifying applicants who appear to satisfy the minimum qualifications for a position.


AI is not used to make employment decisions on behalf of Associated Bank. No applicant will be selected or rejected solely based on the output of an AI tool. Hiring decisions are made by Associated Bank personnel who review applicant information and exercise independent judgment in accordance with applicable law and company policies.


Compliance Statement


Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.


Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.


Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.


Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact [email protected] if you need an accommodation at any time during the process.


Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.


Associated Bank is Pay Transparency compliant.


The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.


For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.


$56,700.00 - $97,200.00 per year

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