Risk Analyst

Risk Analyst

Location:

South Jordan or Spanish Fork, Utah

Grade: 11 (salary range 57,) depending on education and experience.

Responsibilities:

• Assist with developing appropriate risk management policies, plans, and procedures to achieve Association risk management objectives.
• Conduct risk analysis and modeling to inform corporate business planning and management decision making.
• Contribute to the development, implementation, and/or maintenance of appropriate reporting for the risk management function.
• Assist in developing and maintaining a strong internal control environment to protect corporate assets.
• Assist with insurance, purchasing, and investment activities related to Association-owned assets.
• Aid in formulating risk appetite statements and recommend policy to support such.
• Assist with formulating policies and procedures to determine hold limits for various segments of the loan portfolio, IRR requirements for capital markets and/or participation purchases, and pricing guidelines for various lending programs.
• Assist with administering and maintaining a robust Enterprise Risk Management (ERM) program.
• Review compliance with Association Policies and FCA Regulations within areas of responsibility.
• Assist with administering and maintaining a robust stress testing program on various business segments and the entirety of the loan portfolio.
• Assist in developing, maintaining, and executing (when required) the Association Incident Response Plan.
• Assist with implementing, administering, and maintaining a robust Vendor Risk Management program, including vendor due diligence, risk assessments, ongoing monitoring, documentation, and reporting.
• Assist with implementing, administering, and maintaining Model Risk Management program responsibilities, including model inventory maintenance, risk assessments, validation coordination, documentation, monitoring, and reporting.
• Other responsibilities as assigned by supervisor.

Education and Experience:

• Bachelor's degree in finance/accounting or business‑related field.
• Equivalent experience allowed for bachelor’s degree in another field of study.
• Knowledge and experience in Enterprise Risk Management, Stress Testing, Vendor Risk Management, or Model Risk Management preferred.
• Knowledge and experience in all aspects of the audit function and planning preferred.
• Knowledge and understanding of Farm Credit regulations and production agriculture preferred.
• Strong computer skills required, with knowledge and experience with risk management software and/or platforms preferred.
• Strong communication and collaboration skills required. Must be able to work cooperatively with individuals across all functional areas of the business.
• Sound understanding of organizing, planning, critical thinking, analysis, presentation, documentation, and decision making.
• Some understanding of accounting practices, financial reporting, fiscal management, and internal controls strongly preferred.
• Working knowledge of the sound extension of credit and credit administration preferred.
• Strong verbal and written communication skills, and use of Microsoft Office suite (Word, Excel, PowerPoint, Outlook) required.
• Perform daily responsibilities with accuracy, professionalism, and attention to detail.

Applications will be accepted until the position is filled.