Corporate Financial Risk Analyst

About The Role

The Financial Risk Analyst I leverages quantitative expertise, financial acumen, and data governance skills to support key risk management functions across both Enterprise Risk Management (ERM) and Model Risk Management (MRM) and will report to the Financial Risk Manager. The position plays a role in enterprise-wide risk oversight by integrating data-driven insights, managing risk thresholds, and advising senior leadership on risk posture, emerging risks, and macroeconomic trends.

The individual in this role serves as the primary preparer and analyst of the Bank’s quarterly Risk Appetite Statement, Peer Bank Performance Reports, Department KRI/KPI Reports, Economic Indicator Report, and other critical risk analytics, driving strategic decision‑making. This position also provides briefings and risk analyses to executive leadership, the Board, and risk oversight committees. The position also supports the associated governance and frameworks of the Bank’s enterprise risk reporting.

The Financial Risk Analyst I will also be called to help with testing and documenting tools classified as non‑models and help develop challenger models for model validations. A successful candidate will be driven by curiosity to explore and analyze various business lines and functions throughout the bank.

Location & Compensation

This is a corporate position which may be located at an available bank division location across our nine‑state footprint in AZ, CO, , MT, NV, TX, UT, WA, or WY. The entry rate for this position is $59,461.97 per year (calculated for Kalispell, MT). WA applicants: $64,767.56–$97,151.34 per year.

• Conduct and facilitate comprehensive model validations and reviews according to guidelines based on SR 11‑7 and FDIC‑22‑2017, including assessment of model usage, documentation, conceptual soundness, data integrity, control environment, and software environment; present results through formal reports and verbal presentations to model owners and senior management.
• Provide effective challenge and second line of defense oversight over various business lines to ensure proper risk mitigation of activities undertaken by the first line of defense.
• Support model risk management efforts, including identification, monitoring, and testing of non‑models, and assistance in data testing or developing challenger models.
• Comply with all company policies and applicable laws and regulations (e.g., Bank Secrecy Act, Patriot Act, OFAC) and complete required training courses by their due dates.

Education

Required: Bachelor’s Degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, Engineering, or other quantitative disciplines.

Experience

• Required:
  
  1 year of experience in financial services such as banking, finance, insurance, or a related quantitative field.
• Required:
  
  Knowledge of statistical tools R, SAS, and advanced Excel.
• Required:
  
  Analytical/quantitative skills to handle, analyze, interpret, and utilize data for complex problem solving.
• Required:
  
  Advanced experience with MS Excel, PowerPoint, Word, and ability to create attractive and useful dashboard reports.
• Preferred:
  Experience with query/database and business intelligence tools such as Cognos, Tableau, Power BI, SQL, and data governance fundamentals.
• Preferred:
  Model development or validation experience.
• Preferred:
  Artificial Intelligence training.

Skills & Abilities

• Practical knowledge of statistical, quantitative, and data analysis tools used in risk management.
• Strong analytical skills and business orientation with proven ability to use data and analytics to drive business results and quantify risk.
• Ability to read, interpret, and summarize laws and regulations for diverse audiences.
• Excellent technical writing and oral communication skills, articulating complex topics to a wide audience.
• Self‑starter who can take ownership and accountability, working independently with minimal supervision.
• Ability to manage multiple projects and meet varying deadlines; adaptable to frequent changing demands.
• Passion for continuous learning, improvement, and leading initiatives.
• Ability to challenge model assumptions and results to senior…