Enterprise Risk Management (ERM) Analyst II

Position Summary The ERM Analyst III is part of the Enterprise Risk Management (ERM) team. This individual will provide continuous interaction with various business units throughout the Bank. The primary areas of focus in this position will be leading the Bank's operating incident review, records management and insurance programs along with conducting Bankwide risk assessments and preparing and presenting various risk reporting to the Bank's Operational Risk Management Committee. Primary Success Factors Lead the operating incident program for the Bank. Discuss control breakdowns with the business units, determine root cause and impact and make recommendations to mitigate the risk going forward. Present results to a Bankwide working group and to the Operational Risk Management Committee. Lead the records management and insurance programs for the Bank. Ensure compliance with regulatory guidance. Collaborate with third party providers and various areas throughout the Bank to maintain adequate insurance for the Bank. Assist with the completion of the Bank wide risk and control self-assessment process including preparing and presenting reports to management. This includes a leadership role in discussions and reaching conclusions on complex risks and making judgments on inherent, magnitude and residual risks. Provide high quality service to the Bank's internal customers by being proactive in assessing information and understanding the needs of the business unit; provide guidance on and assist in the completion of risk related tasks. Provide an independent second line challenge to the business unit and offer critical insight to the conclusions reached by the business unit; demonstrate the ability to reach conclusions and to communicate those conclusions in a professional manner to Executives in the business area along with the Bank's CRO and the Bank's Operating Risk Management Committee. Effectively communicate with FHFA personnel on various regulatory requests related to operating incidents, records management, risk assessments, etc. Ensure that information is accurate and timely. Effectively communicate both orally and in writing and document the facts and conclusions on the various risk processes, including risk assessments, operating incidents, etc. Communication will be with Executive Committee members in the Bank (e.g., CRO, COO, CFO). Written reports will be included in Board of Director packages, including the Operating Risk Committee and Enterprise Risk Management Committee Participate in other relevant ERM duties as assigned including assisting the CRO in the quarterly SOX certification process. Required Experience Bachelor's degree in Finance, Accounting or Business Administration or related; MBA or related a plus Five or more years of experience, preferably in the financial services industry, with an emphasis on evaluating risks and internal controls. Preferable fields of work would be in the risk area or Internal Audit. Experience in conducting and/or preparing risk assessments Extensive experience working in a team environment Strong customer service orientation Extensive experience using various computer programs (i.e. GRC) Proven analytical skills Excellent communication skills (verbal and written) Attention to detail Demonstrated proficiency using Microsoft Office Suite Products, Excel and Word Candidates with a minimum of three years' experience may be considered for a junior level analyst role. It is the policy of the Federal Home Loan Bank of Pittsburgh to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, religion, color, sex, national origin, age, disability status, genetic information, veteran's status, ancestry, sexual orientation or status as a parent as defined by applicable law. It is the Bank's policy to comply with applicable laws concerning the employment of persons with disabilities, including reasonable accommodation for applicants and employees with disabilities.

Created: 2024-11-05