Risk Analyst

Essential Functions and ResponsibilitiesThe role involves managing and reviewing service level agreements and performance reports to inform business lines and senior management about FinTech risks.Key responsibilities include:Monitoring and escalating issues related to new and existing FinTechs, focusing on concentration and fourth-party risk exposures.Conducting due diligence and risk assessments for FinTechs, identifying trends and threats.Maintaining comprehensive documentation for FinTechs, including contracts and related third-party documents.Overseeing FinTech remediation efforts, tracking progress, and managing issues continuously.Leading third-party monitoring activities and ensuring timely document submission, collaborating with business lines for remediation evaluation, and updating management.Managing FinTech termination and offboarding processes when necessary.Ensuring compliance with regulatory standards and internal risk controls.Overseeing the Service Organization Control lifecycle, including library and calendar maintenance, and managing departmental oversight on user entity controls.Preparing and presenting materials for Governance, Risk, and Compliance meetings, including the Audit Committee and Board of Directors.Supporting the Director of Risk Management in various risk management processes.Administering Logic Manager and Monday.com platforms.Communicating deadlines, action plans, and promoting interaction between business lines to mitigate risks.Upholding and understanding policies relevant to risk management and bank procedures.Assisting in the optimization of risk management software and departmental processes.Participating in FinTech Oversight group meetings.Performing additional duties as assigned by the Director of Risk Management.Skills RequiredStrong analytical and problem-solving skills.Excellent communication and interpersonal abilities.Proficiency in risk management software and tools.Familiarity with regulatory compliance standards.Ability to manage multiple projects and prioritize tasks effectively.Detail-oriented with strong organizational skills.Experience in conducting risk assessments and due diligence.Knowledge of FinTech industry trends and threats.Ability to work collaboratively with cross-functional teams.Proficiency in using platforms like Logic Manager and Monday.com.