Lead Risk Management Analyst

A Lead Business Risk Management Analyst analyzes business processes and risks to develop strategies for mitigating risks and improving operational efficiency

Responsible for supporting the operation of the risk function by evaluating and analyzing risks of varying complexity and for identifying and implementing approaches and solutions to mitigate those risks. May have a focus on one or more particular types of risk such as financial, or operational, risk and may provide advice to management based on this knowledge base. Typically requires an individual a professional qualification in one or more areas of risk management or its equivalent. Work under minimal supervision and use complete understanding of business needs and objectives to support projects that have impact on the achievement of operational goals. Advanced skill set and proficiency with procedures and techniques.

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 assists provide expertise in with the administration of specialized risk assessment and testing lifecycles 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 Considerable impact

Prepare and present to management and/or affected business unit summaries, operational and regulatory risk assessment reports, trending, and remedial or mitigation solutions

Qualifications:

Complete knowledge and understanding of business area/specialization

Advanced knowledge and understanding of risk-based auditing techniques and methodologies

Advanced knowledge of applicable federal and state regulations, company policies, and industry best practices

Experience with managing multi-faceted projects simultaneously that have cross-departmental impact

Advanced 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 - Master s Degree in related field or equivalent combination of training, education and experience

Skill Sets:
1. Expertise in risk assessment and business analysis methodologies
2. Proficiency in data analysis and visualization tools (e.g., Excel)
3. Strong understanding of regulatory requirements and risk frameworks
4. Excellent problem-solving and critical-thinking abilities
5. Effective communication and stakeholder management skills