Senior Risk Analyst

Support the implementation and maintenance of the Enterprise Risk Management (ERM) Framework in alignment with strategic objectives and regulatory requirements. Assist with ERM programs, including Issue Management, RCSA activities, process mapping, risk assessments, and control development. Maintain ERM documentation, support audits and examinations, and analyze key risk indicators (KRIs) and assessment results to deliver actionable insights and reports for the ERM Department and governance committees.

This position is hybrid.

NYC Salary Range - $110,000 - $130,000 annually; compensation is commensurate to geographic location.

ACCOUNTABILITY:

• Regardless of seniority or role, uphold UNFCU’s mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors.
• Support the ERM Framework and associated documentation to ensure alignment with organizational objectives and regulatory requirements, with primary responsibility for Risk and Control Self Assessments (RCSA).
• Facilitate comprehensive risk assessments, summarize results, and advise on risk mitigation strategies.
• Develop reporting, including managing underlying data point and analysis.
• Stay current with industry updates, new regulations, and best practices in risk management to maintain the effectiveness of the ERM Framework and alignment with regulatory expectations and industry benchmarks.

Risk Programs
:

• Support Risk and Control Self-Assessments (RCSA), including risk and control data management, validation, and maintenance of risk taxonomies, control inventories, and GRC documentation.
• Conduct control assessments and process mapping activities to evaluate control effectiveness, identify key risks, and strengthen internal control environments.
• Monitor and track remediation efforts for control deficiencies and risk issues, ensuring timely resolution and accountability.
• Support the full Issue Management lifecycle, including issue intake, remediation tracking, inventory maintenance, and stakeholder reporting.

Data Analysis and Risk Reporting
:

• Collect, analyze, and interpret risk-related data to identify trends, anomalies, and areas of concern; develop and maintain risk reports and dashboards that provide actionable insights and recommendations to stakeholders, including senior management and the Risk Management Committee (RMC), to support effective risk mitigation.
• Monitor, track, and maintain underlying data for KRIs and KPIs within areas of responsibility.
• Respond promptly to management requests for ad-hoc analysis and reporting to support decision-making and risk oversight.

Collaboration and Communication
:

• Partner with the First Line of Defense to advance key risk initiatives and support effective day-to-day risk management activities.
• Build strong cross-functional relationships while developing risk committee materials, presentations, and training resources to promote a risk-aware culture and adherence to the ERM Framework.
• Perform additional responsibilities as assigned.
• Ensure compliance with federal and state laws and regulations and UNFCU’s Code of Ethics & Business Conduct.

• Bachelor’s degree or Associate’s degree with equivalent experience.
• 3-5 years of experience in financial services, risk management, internal audit, compliance or a related field.
• Experience with Enterprise Risk Management (ERM) frameworks and practices, RCSA and Issue Management programs, and operational risk management preferred.
• Experience with Governance, Risk, and Compliance (GRC) systems (e.g., Archer, Quantivate)

• Demonstrates strong verbal, written, and interpersonal…