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Risk Analyst

Job in Louisville, Jefferson County, Kentucky, 40201, USA
Listing for: Republic Bank
Full Time position
Listed on 2025-12-12
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 70000 - 90000 USD Yearly USD 70000.00 90000.00 YEAR
Job Description & How to Apply Below

“Republic Bank believes in the development and advancement of our associates. We offer the opportunity to learn all aspects of the company to prepare for future advancement. Come join our team for a career, not just a job!”

Grade 10

About Republic Bank

Republic Bank’s values are built upon making an IMPACT for our clients, our associates and the communities we serve. (IMPACT stands for Innovate for the Future, Make it Easy, Provide Exceptional Service, Acknowledge & Celebrate Success, Commit to Caring and Thrive Together) The associates of Republic Bank are the key to our success as an organization and we value our associates.

It’s one of the reasons we’ve been named as one of the Best Places to Work in Kentucky for ten years! For more information about the company, please visit  .

POSITION PURPOSE AND OBJECTIVES

This position plays a key role in supporting the enterprise risk management function by conducting in-depth risk assessments, analyzing data, and contributing to the development and execution of risk strategies. This role collaborates across departments to ensure risks are identified, monitored, and effectively communicated, enabling informed decision-making and a strong risk culture.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

MINIMUM QUALIFICATIONS
  • Minimum of 4 years' experience in risk management, compliance, audit, or financial services, required.
  • Strong analytical, critical thinking, and problem-solving skills.
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook); experience with GRC tools, preferred.
  • Familiarity with risk frameworks and regulatory expectations, preferred.
ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES Risk Identification & Assessment - 40%
  • Conduct and document enterprise risk assessments in collaboration with First Line of Defense and leadership.
  • Analyze internal and external data to identify trends, emerging risks, and potential vulnerabilities.
  • Maintain and enhance the enterprise risk register, ensuring accuracy and completeness.
  • Facilitate risk workshops and interviews to gather insights from stakeholders.
  • Assist with development of Risk & Control Self-Assessments mapping and documentations through participation in end-to-end process walkthroughs and deep dives with the First Line of Defense.
  • Evaluate new products, services, and initiatives for potential risk exposure.
  • Support the development of risk awareness and training materials.
Controls Testing, Monitoring & Reporting - 40%
  • Execute the Bank's second line of defense Enterprise Risk Framework by testing controls identified in the risk identification process and validation of issues.
  • Monitor key risk indicators (KRIs) and control effectiveness across the organization.
  • Monitor reported risk events, conduct root cause analyses and track remediation efforts for completion.
  • Prepare risk dashboards, reports, and presentations for senior leadership and risk committees.
  • Track and report on risk events, issues, and mitigation progress.
  • Assist in the development and maintenance of risk reporting tools and templates.
  • Support internal and external audits and regulatory examinations by providing relevant risk documentation.
Risk Program Management - 20%
  • Assist the Risk Management Officer on executing and reporting on Enterprise Risk functions such as Model Risk Management, Third-Party Risk Management, and other components.
  • Assist in the development and refinement of risk management frameworks, policies, and procedures.
  • Contribute to the maintenance of the Risk Appetite Statement and related governance documents.
  • Collaborate with business units to develop and track risk mitigation plans.
  • Recommend process improvements to enhance risk identification and response capabilities.
  • Support the integration of risk considerations into strategic planning and operational decision-making.
  • Review and update internal procedures to reflect evolving practices and regulatory requirements.
  • Support the ongoing development, implementation and enhancement of enterprise-wide taxonomies, including but not limited to Risk Taxonomy, Process Taxonomy,…
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