Principal Risk Analyst

This is a fully remote position, open to applicants in Iowa, +2 more states.

📋 Description

• Reviews, evaluates, and reports on risks, quality, service, and controls to enhance operational efficiency and effectiveness, mitigate risks, and address operational and regulatory vulnerabilities.

• Conducts risk assessments to ensure adherence to federal and state regulatory standards, industry norms, and operational procedures.

• Maintains and revises procedural manuals, job aids, and tools.

• Develops standardized scopes for risk assessments and re-evaluates established reviews to verify their accuracy.

• Performs analyses to identify the root causes of process deficiencies.

• Monitors corrective action deadlines to ensure timely remediation and control implementation in line with regulatory mandates.

• Leads Risk Management initiatives and oversees departmental processes.

• Identifies and tackles future concepts while implementing best practices.

• Analyzes, defines, and documents detailed process workflows through user interviews, facilitated workshops, and collaboration with subject matter experts.

• Develops solutions for critical issues and complex design challenges.

• Assists in building and managing tools and workflows related to computer operating systems, such as Governance, Risk, and Compliance (GRC) vendor software.

• Manages and tracks risks including Incident Management, Operational Risk, Business Disruption, Information Security, Data Protection, Compliance Risk, and Event Management.

• Collaborates with management and personnel to enhance risk assessment and scope development.

• Consolidates assessment results and reports them to management.

• Creates Risk scorecards and various metrics.

• Actively engages stakeholders to mitigate risks.

• Provides risk mitigation, remediation, and implements process improvement solutions to stakeholders and management.

• Establishes and manages stringent deadlines for key deliverables.

• Offers proactive insights for the continuous improvement of processes and solutions.

• Delivers evidence-based findings and recommendations.

• Escalates issues identified during reviews and analyses to stakeholders.

• Establishes a network of subject matter experts to provide detail and context for existing processes, and/or stakeholders who may influence others to support or drive improvements and mitigate risks.

⛳️ Requirements

• Strong understanding of operational and regulatory risk controls, concepts, and practices.

• Experience in the mortgage origination and servicing industry, along with familiarity with relevant concepts and terminology.

• Proven capability to plan, organize, and effectively implement risk mitigation and process improvement initiatives.

• Extensive knowledge and experience in developing workflows, process maps, and business requirement documents.

• Ability to establish and maintain effective working relationships with senior management across various functional groups and business units.

• Proficient presentation and facilitation skills.

• Exceptional client service skills.

• Strong organizational, analytical, and documentation skills.

• Keen attention to detail.

• Excellent written and verbal communication abilities.

• Strong interpersonal, relationship-building, and teamwork skills.

• Self-motivated and proactive.

• Experience in managing projects with complex interdependencies, focusing on both long-term projects and immediate tasks.

• Proficient in Microsoft Word, Excel, and PowerPoint.

🏝️ Benefits

• Medical

• Dental

• Vision

• 401k

• PTO/paid sick leave

• Employee stock purchase plan