Principal Risk Analyst; Reporting and Metrics

Overview

Responsible for supporting the development and maturity of the organization's Strategy, Risk Appetite, and Risk Reporting function. Serves as subject matter expert in the design, production, and continuous improvement of routine and ad hoc enterprise risk reports delivering insights for risk governance bodies and senior leaders. Partners with business units across first and second lines of defense to transform quantitative and qualitative data into clear risk insights, while introducing and/or expanding automation initiatives to reporting processes.

May have a focus on one or more risk domain such as financial, or operational, or emerging risk and may provide advice to management based on this knowledge base. Works independently to interpret and develop solutions to complex business challenges with experience building and influencing relationships within all levels of the organization.

Responsibilities

• Plan the research for and development of specialized risk assessment scopes
• Collaborate with management and personnel to optimize risk assessment scope development
• Identify potential business risks, operational and regulatory process deficiencies and improvement opportunities
• Gather and synthesize data; present conclusions and offer risk mitigation, remediation and process improvement solutions to management
• Lead, conduct, and provide expertise in the administration of specialized risk assessment and testing life cycles of business activities, processes, policies and procedures for operational effectiveness and compliance with regulatory requirements, federal and state laws, and Navy Federal's quality control standards, policies and procedures
• Develop, lead and oversee efforts to improve the efficiency and effectiveness of operations and risk mitigation processes
• Prepare and present to management and/or affected business unit summaries, operational and regulatory risk assessment reports, trending, and remedial or mitigation solutions
• Assist with the development and enhancement of practices, procedures, and instructions
• Develop and maintain strong working relationships with team members, subject matter experts, and leaders; work with senior management on complex issues
• Lead moderate to large projects and initiatives
• Mentor lower level staff

Qualifications

• Subject matter expert within business area/specialization with understanding of interrelationships of different disciplines
• Significant knowledge and understanding of risk-based auditing techniques and methodologies
• Significant knowledge of applicable federal and state regulations, company policies, and industry best practices
• Significant experience managing multi-faceted projects simultaneously that have cross-departmental impact
• Significant knowledge of operational and regulatory risk control concepts and practices
• Proven ability to plan, organize and effectively execute risk mitigation and process improvement initiatives
• Advanced organizational, planning and time management skills
• Advanced research and analytical skills
• Bachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience

Desired Qualifications

• Expert knowledge of banking/financial industry products and services
• Expert knowledge of oversight of financial and nonfinancial risks
• Expert written and verbal communication skills
• Expert experience working with all levels of executives, management, staff, and stakeholders
• Master's Degree in related field or equivalent combination of training, education and experience
• Experience managing multiple priorities independently and/or in a team environment to achieve goals
• Expert Experience in reporting and metrics
• Advanced proficiency in data analysis and visualization (Power
  
  BI/Tableau), SQL, Excel, Python, Power Point
• Expert knowledge of Service Now platform

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: 820 Follin Lane, Vienna, VA 22180

Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and…