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Risk Management Specialist

4 weeks ago

Iselin, New Jersey, United States Provident Bank Full time
Risk Management Specialist Job Description

At Provident Bank, we are seeking a highly skilled Risk Management Specialist to join our team. As a Risk Management Specialist, you will be responsible for assisting the risk management department in conducting the Enterprise Risk Management Program, providing staff support in guiding the organization through the complete lifecycle of the ERM process - risk identification, analysis, measurement, monitoring, and reporting.

Key Responsibilities:
  • Support the enterprise risk management effort by assisting management with the identification, evaluation, understanding, management, and communication of significant business risks, identifying gaps that may be present, and facilitating the creation and follow through on management action plans.
  • Seek to understand and report on the evolving nature of risks affecting the financial services industry, and the appropriate methods to centrally monitor those risks within the construct of an organization's ERM program.
  • Provide necessary risk register updates, related analysis, and tracking of key risk indicators used to monitor the Company's exposure to its various enterprise-level risk dimensions, and prepares scheduled enterprise risk reporting requirements/presentations.
  • Maintain a working knowledge of state and federal laws and regulations affecting the risk management of financial institutions and all other jurisdictions affecting the operations of the Company.
  • Develop and maintain a trusted, collaborative relationship with operational management to promote an appropriate level of engagement in risk activities with a high level of credibility for the ERM program.
Requirements:
  • BA/BS in Business Administration, Finance, Accounting, or related field preferred. Additional work experience may be considered.
  • 1-3 years of professional experience in risk management, financial services, business consulting, financial planning and analysis, or other.
Benefits:
  • Medical/Dental/Vision Insurance
  • Flexible Savings Account
  • 401(k)
  • Tuition Disbursement and Reimbursement
  • College Loan Pay Down Program
  • and other great benefits

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age 40 and over, color, disability, gender identity, genetic information, military or veteran status, national origin, race, religion, sex, sexual orientation or any other applicable status protected by state or local law.