Risk Analyst

Position Overview

Triad Financial Services is a leading provider of financial services and solutions, serving clients nationwide. The Risk Department is currently seeking a detail-oriented and analytical professional to join our team as a Risk Analyst. This pivotal role involves assessing and mitigating risks, ensuring the stability and prosperity of our organization by identifying potential threats and developing strategic solutions. If you have a keen eye for detail and a passion for safeguarding business interests, we invite you to apply and contribute to our culture of proactive risk management.

Responsibilities:

• Assess and identify potential risks that may threaten the assets, earning capacity, or success of the organization.
• Implement and maintain an organization-wide risk management framework and processes.
• Analyze and quantify risks using statistical models, including market, credit, operational, compliance, and reputational risks.
• Prepare risk reports for management teams to understand the risks being taken by the company.
• Monitor and report on compliance with regulatory requirements related to risk management.
• Collaborate with other departments to ensure that risk processes are integrated with company-wide processes.
• Develop risk management policies, risk appetites, and risk limits.
• Recommend risk mitigation strategies and actions, including insurance, internal controls, or business continuity plans.
• Conduct risk and control assessments on new products, services, or business initiatives.
• Liaise with stakeholders to gather risk-related data and perspectives.
• Update and maintain risk registers and risk event databases.
• Perform risk analysis on the company's investment portfolio and proposed investment opportunities.
• Conduct scenario analysis and stress testing to assess potential risk outcomes.
• Facilitate risk workshops and training sessions to promote a risk-aware culture within the organization.
• Keep abreast of industry trends and regulatory changes that may impact the risk profile of the business.

Minimum Qualifications:

Required:

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related field
• 2+ years of experience in risk analysis, financial analysis, or a similar role
• Strong knowledge of statistical analysis, quantitative methods, and risk assessment models
• Proficiency with statistical software (e.g., SAS, R, MATLAB) and Excel (including VBA and pivot tables)
• Familiarity with financial markets and instruments, as well as an understanding of financial regulations
• Excellent analytical and problem-solving skills
• Ability to interpret and analyze large datasets to inform risk assessments and strategies
• Strong written and verbal communication skills, with the ability to present complex information clearly and concisely
• Attention to detail and accuracy in handling and reporting on financial and risk data
• Experience with risk management information systems (RMIS), governance risk and compliance tools ("GRC") and databases
• Ability to work collaboratively in a team environment and to engage effectively with stakeholders across various departments
• Proven ability to manage multiple projects and meet tight deadlines
• Professional risk management certification (e.g., FRM, PRM) is preferred but not required
• Prior experience conducting risk and control self assessments ("RCSA")