[Hiring] Risk Analyst @Vast Bank

Role Description

The Risk Analyst supports the Enterprise Risk Management Department and is responsible for identifying, assessing, and monitoring risks that could impact the Bank’s strategy, operations, and financial performance. This role supports the development and maintenance of the enterprise risk management framework by partnering with business units to evaluate risk exposure, track key risk indicators, and ensure appropriate mitigation strategies are in place. The Risk Analyst also plays a key role in issues management, including tracking, analyzing, and supporting the remediation of identified control gaps and risk events to ensure timely resolution and sustainable outcomes as well as supports the risk evaluation of new and existing products, services, and initiatives, assessing potential impacts, identifying inherent risks, and ensuring appropriate controls are established prior to implementation. This role will also provide coordination support to ensure efficient execution of internal and external audits, serving as the central point for audit facilitation, documentation, and issue tracking.

Qualifications

• Minimum 2-5 years of experience in a Compliance or Risk Management role in financial services
• Bachelor’s degree in business management, finance, risk management or related field

Requirements

• Identify and evaluate potential risks across business units, including operational, financial, compliance, strategic, and reputation risks
• Conduct risk assessments and document risk statements, likelihood, and impact
• Facilitate risk workshops and engage stakeholders to capture emerging risks
• Monitor key risk indicators (KRIs) and escalate issues where thresholds are exceeded
• Maintain risk registers and ensure data accuracy and completeness
• Support the preparation of risk reports, dashboards, and executive summaries
• Partner with business owners to evaluate the effectiveness of existing controls
• Track mitigation plans and ensure timely completion
• Recommend improvements to strengthen internal controls and reduce risk exposure
• Analyze risk data and trends to identify patterns and potential areas of concern
• Assist in developing reporting tools and dashboards (e.g., Power BI, Excel, or Power Apps)
• Provide actionable insights to support decision-making
• Support adherence to enterprise risk management frameworks and policies
• Serve as primary liaison between external auditors and business teams to support audit execution, manage documentation requests, and ensure clear, timely communication
• Assist in regulatory and compliance activities as needed
• Ensure proper documentation of risk processes and methodologies
• Work cross-functionally with Finance, Compliance, IT, and key Operations teams
• Provide guidance to business stakeholders on risk management practices
• Support risk awareness and training initiatives
• Coordinate audit activities, including scheduling, request list management, and stakeholder alignment
• Serve as facilitator between auditors and internal teams, ensuring timely, accurate information exchange
• Track audit requests, deliverables, and timelines; proactively identify and escalate delays or risks
• Maintain organized audit documentation, including evidence, workpapers, and quality assurance support
• Monitor audit findings and remediation progress, supporting timely closure and reporting

Benefits

• Comprehensive benefits package & 401(k) match
• Professional development - opportunities for advancement!
• Tuition assistance
• Transit reimbursement
• Paid time off
• & more!