Enterprise Risk Analyst

Description

The Enterprise Risk Analyst is responsible for identifying, assessing, monitoring, and reporting risks across the organization. This role supports the development and implementation of risk management frameworks, ensuring compliance with regulatory requirements and alignment with organizational objectives. The analyst collaborates with business units to evaluate risk exposure and recommend mitigation strategies.

ESSENTIAL FUNCTIONS

• Coordinate risk assessments across operational, financial, strategic, credit and compliance areas.
• Analyze emerging risks and trends impacting the organization.
• Maintain risk registers and ensure accurate documentation of risk events.
• Develop and maintain dashboards and reports for senior management and regulatory bodies.
• Track key risk indicators (KRIs) and escalate issues as needed.
• Support internal audits and regulatory examinations by providing risk-related data.
• Assist in implementing enterprise risk management (ERM) frameworks and policies.
• Ensure adherence to risk governance standards and regulatory guidelines.
• Participate in risk committees and provide analytical insights.
• Work with business units to integrate risk management into decision-making processes.
• Provide guidance on risk mitigation strategies and control enhancements.
• Support training and awareness programs on risk management practices.
• Utilize risk management software and data analytics tools to assess risk exposure.
• Perform scenario analysis and stress testing for critical risk areas.
• Participates in special projects or duties as assigned.
• Performs compliance and risk management duties as required or assigned.
• Regular, reliable attendance is required.

QUALIFICATIONS

• Bachelor's degree in Finance, Business, Risk Management, or related field (Master's preferred).
• 6 or more years of experience in risk management, compliance, or audit.
• Strong analytical and problem-solving skills.
• Familiarity with regulatory frameworks (e.g., Basel, COSO, ISO 31000).
• Proficiency in risk management tools and data visualization software.
• Strong detail orientation with high level of organizational skills and ability to multi-task, managing interruptions with multiple projects.
• Demonstrated self-motivation and initiative; ability to work well both independently and with others.
• Ability to prioritize assignments and handle multiple priorities while maintaining a high level of service to clients in a deadline driven environment under the direction of management.
• Excellent interpersonal skills; ability to collaborate with and work effectively with diverse groups of people, managing conflict and negotiating for results when needed.
• Strong verbal and written communication skills, including ability to communicate and collaborate effectively with technical and non-technical people.
• Preferred experience working in the financial services industry.
• Ability to work additional hours as required by operational and production work loads.

COMPENSATION

$77,798 - $116,698 annually

The compensation range represents the low and high end of the base compensation range for this position located in Spokane, WA. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.

What Our Culture Can Offer You:

Our benefit philosophy is to provide you with a comprehensive package to secure your overall wellness and help you become and remain a fulfilled and productive employee. Our benefits include Health, Financial, Retirement and Work/Life Benefits. We are proud to share an overview of our benefits HERE as part of your total compensation.

Washington Trust Bank celebrates diversity in the workplace and actively recruits talent to help reflect the unique communities where we live and work. We are proud to be an equal opportunity employer and prohibit discrimination or harassment based on race, religion, sex, gender identity, sexual orientation, national origin, age, pregnancy, disability, genetic information and any other protected characteristics outline by state, federal and local laws. We believe strength comes from the diverse backgrounds and experiences of our team, and we are dedicated to fostering a supportive and inclusive work environment.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.