Risk Analyst (Finance)
Company
Federal Reserve Bank of MinneapolisThe Treasury Services (TS) Division at the Federal Reserve Bank of Minneapolis serves as Fiscal Agent for the US Treasury's Bureau of the Fiscal Service supporting the Retail Program. Our department provides and supports various services related to the issuing and redemption of US savings bonds and marketable securities. This position will mature the risk management structure and processes within Minneapolis Treasury Services including risk identification, assessment, monitoring, and reporting of risks.Job Responsibilities:
- Identify and assess areas of significant business, technology, and operational risks that may affect the operations, programs, and the reputation of the organization
- Develop and implement risk management strategies, processes, and controls designed to mitigate risks
- Monitor and evaluate the effectiveness of risk management processes and updates with process improvements as necessary
- Coordinate with leaders across the Treasury Services organization to identify, develop mitigation strategies, and actively manage risks
- Perform analysis, identify trends and dependencies and report on the findings, making recommendations as needed to leadership and relevant stakeholders
- Provide support and training to staff about risk management and promoting a culture of risk awareness
- Coordinate and communicate risk activities across Treasury Services and various partners including: Audit, Enterprise Risk and Compliance, Information Security, Bureau of Fiscal Service, Human Resources and Inclusion, Legal, Treasury Relations Support Office (TRSO) Risk to ensure all activities are consistent, accurate, and current
- Contribute to projects and perform intermediate analytical tasks in support of Department, Bank, FRS and/or federal agency initiatives
- Escalate difficult and complex questions or problems to other analysts or management
- Complete or assist in preparing and/or revising communications, including proposals, reports, and presentations for all levels of management
- Stay current with the latest risk management frameworks, tools, techniques, and industry trends
Job Description:
- Bachelor's degree or equivalent combination of higher education and/or experience.
- Bachelor's degree in business or a related field, preferred. 5 years of direct work-related experience or equivalent combination of related higher education and experience (For Level IV: 8 years of direct work-related experience or equivalent combination of related higher education and experience. Master's degree in business or a related field, preferred)
- Proven work experience as a Risk Management Analyst, Risk Manager or similar role
- Strong knowledge of risk assessment and control processes
- Proficient in data analysis and risk assessment
- Excellent organizational and multitasking abilities
- Outstanding communication (verbal and written) and interpersonal skills
- Proficient in a variety of software applications, including Microsoft Office.
Additional Information:
* Salary range is $78,300-$97,830-$117,400 (For Level IV: $97,000- $122,413- $146,900) Salary offer will be based on qualifications/experience of the candidate, alignment with market data, the needs of the position, our total compensation package, and internal equity.
* The Bank believes in flexibility to balance the demands of work and life while also recognizing the necessity of connecting and collaborating with our colleagues in person. Onsite work is an essential function of this position, and you are expected to be in the office 3 days per week for meetings and team collaboration.
Our total rewards program offers benefits that are the best fit for you at every stage of your career:
- Comprehensive healthcare options (Medical, Dental, and Vision)
- 401(k) match, and a fully-funded pension plan
- Paid time off and holidays
- Free public transportation passes
- Annual educational assistance
- On-site fitness facility
- Professional development programs, training and conferences
- And more…
The Minneapolis Fed is committed to developing a diverse workforce and providing an inclusive environment where all employees are respected and valued. We believe that we can foster development opportunities for all and reach our full potential by recognizing the unique experiences and identities of each of our colleagues. From economists to cash specialists, we work together to represent you in our economy.
Full Time / Part Time
Full timeRegular / Temporary
RegularJob Exempt (Yes / No)
YesJob Category
Accounting/Finance Family GroupWork Shift
First (United States of America)The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
