Risk Analyst

Summary:  Dime Community Bank (Dime) is currently hiring for a Risk Analyst at its Headquarters in Hauppauge, Long Island. Under the direction of the Risk Manager, the Risk Analyst is responsible for the completion of assigned process-level risk and control self-assessments (RCSAs) in collaboration with business managers, the identification of issues, and communication of identified issues with Risk Management to ensure any potential concerns are addressed in a timely and effective manner. The Risk Analyst is part of Dime's Second Line of Defense. NOTE: This role is risk management over processes within the Bank and is NOT data analytics/risk management in investment banking. This role is not entry level.

Salary commensurate with experience, ranging from $60,000 to $73,000 annually. The exact compensation may vary based on relevant experience, skills, education, training, licensure and certifications, and location.

All applicants must attach a recent resume. This is NOT a remote role.

Responsibilities:

• Plan, coordinate, and execute RCSAs within the GRC framework/tool (Quantivate) in accordance with departmental methodology and professional standards.


• Perform risk assessments by reviewing and analyzing evidence and documenting results through the application of risk and control concepts to scenarios encountered and identifying any potential issues.


• Perform periodic testing of identified controls and clearly document test results in a concise manner through preparation of detailed risk “work papers” in accordance with departmental standards.


• Lead risk discussions with business leaders and process owners to understand internal processes, identify risks impacting the Bank and to determine effectiveness of controls in place.


• Develop an understanding of Bank processes to assess confined or thematic risks/threats across multiple areas in conjunction with review of critical systems/applications or third-party service providers.


• In collaboration with PMO and business units, assist in the generation of new product/service risk assessments.


• Develop strong relationships with business managers by addressing issues/concerns related to risks in a timely manner; foster a culture of partnership.


• Maintain and update risks and controls in connection with the Risk and Control Self-Assessment (RCSA) Process.


• Monitor and track findings associated with the RCSA Process.


• Perform other functions as assigned in support of the Enterprise Risk Management Program.

 Qualifications:

• Bachelor's degree in business or related field and a minimum of 2 years’ related work experience; a combination of education and financial experience may be considered.


• Must possess effective verbal and written communication skills.


• Strict attention to detail; ability to work independently on assignments.


• Excellent planning and organizational skills to balance and prioritize workload to meet deliverable targets.


• Ability to take ownership of projects and issues and see them through completion.


• Must be a forward thinker with the ability to evaluate current practices and challenge the status quo.


• Demonstrate flexibility in responding to changing priorities.


• Ability to develop and maintain effective working relationships with key business partners.


• Proficient in Microsoft Office suite (i.e., Excel, Word, PowerPoint, and Outlook).