Risk Analyst at Federal Reserve Bank (FRB) in Boston, Massachusetts

Job Description:

Company

Federal Reserve Bank of Boston

The Enterprise Risk Management (ERM) team within the Corporate Strategy and Risk (CSR) Group is responsible for executing the Reserve Bank’s Enterprise Risk Management program. ERM has an opening for an enthusiastic and self-motivated Risk Analyst. As an important member of the ERM team, the Risk Analyst will report to the Director of Enterprise Risk Management and will support the implementation and execution of the ERM Framework.

The Risk Analyst will interact with people across the organization; gather, analyze, monitor, and track risk information and data, contribute to assessments and the preparation of risk reports, including presentations for senior leaders. This role will help to advance important ERM framework activities and priorities including risk and control self-assessment (RCSA), risk event management and risk reporting.

Principal Accountabilities 

• Support the execution of the ERM framework and program. 

• Perform analysis of risk trends and themes and effectively present conclusions and recommendations. 

• Assist with the preparation of risk reporting and participate in presentations to business leaders, senior management, and Federal Reserve governance groups. 

• Contribute to the development and management of a comprehensive RCSA program.  

• Work with a variety of data and risk input sources to support the identification, analysis, assessment, mitigation, and reporting of department RCSA results.   

• Research internal and external emerging risks and other risk-related topics and concepts to support continued improvement of risk identification, assessment, and reporting. 

• Engage with, and support business areas with the completion of various risk activities. 

• Contribute to and develop training presentations, online forums, articles, and other tools to advance risk culture and awareness.   

• Perform department operational responsibilities, including administrative activities, as requested. 

 

Other Accountabilities: 

Perform other duties as assigned. 

 

Supervision: 

This position does not directly supervise others. 

Knowledge and Experience 

• Knowledge and experience normally acquired through the completion of a bachelor's degree and a minimum of 2 years of related job experience is required.  

• Excellent verbal and written communication skills, including presentation capabilities. 

• Strong organizational skills and ability to balance multiple projects, synthesize information from multiple sources and operate effectively given new and/or evolving priorities. 

• Self-starter with good problem-solving skills, critical thinking, intellectually curious, and comfortable asking questions. 

• Excellent time-management, high-level attention to detail and project management skills.   

• Strong business interpersonal skills, with an ability to excel in working with a diverse group of colleagues, senior management, and other stakeholders. 

• Strong working knowledge of MS Office including Word, Excel, Power BI, PowerPoint; Tableau knowledge is a plus. 

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Work 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.

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