Job Information
Arkansas Department of Workforce Services IAS First Line Risk Senior Analyst in FAYETTEVILLE, Arkansas
This job was posted by https://www.arjoblink.arkansas.gov : For more information, please see: https://www.arjoblink.arkansas.gov/jobs/4226033
Job Title: IAS First Line Risk Senior Analyst
An Integrated Account Servicing (IAS) First Line Risk Senior Analyst at Arvest is a subject matter expert who serves as a lead issue manager for first line of defense risk and compliance. They analyze impacts, provide transparency and accountability, and collaborate with senior management to achieve first line risk and compliance goals.
We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired.
What Youll Do at Arvest: (Other duties may be assigned)
? Analyze, research and lead the resolution of potential risk and compliance issues by reviewing exposure, remediation plans and implementation to full compliance with applicable rules or regulations.
? Identify and escalate current and potential risk and compliance operational impacts to departmental management, ensuring the timely identification, mitigation, resolution and reporting of existing, emerging and upstream operational and regulatory risks and issues. Assist management with internal/external assessments.
? Conduct detailed analysis of identified compliance mandates and direct implementation of resolutions for loan and deposit compliance production issues. Maintain a high understanding of the most current versions of federal rules and regulations, as well as internal policies and procedures, regarding deposit/lending products and analyze their impact on lending and deposit operations. Proactively communicate any changes and actively participate in discussions regarding suggested changes with management.
? Lead in the change management process by analyzing and interpreting new or changing regulations or processes. Analyze the impact on the business; identify potential gaps; perform testing and provide feedback to the assigned manager.
? Document operational/procedural impacts and changes in appropriate software database for compliance issues that need to be developed and implemented in support of compliance initiatives; tracking each compliance issue from identification to resolution.
? Support and mentor department associates as assigned by management.
? Lead special projects assigned by management.
? Provide subject matter expertise including responding to complex associate questions and requests from internal and external auditors/reviewers. Respond in writing or verbally in an accurate, prompt, courteous, and professional manner.
? Lead in the examination/audit/review/risk assessment process from announcement to final report by facilitating requests, attending meetings, and assisting management with responses to findings and making recommendations for appropriate courses of action.
? Conduct sample testing of the work of other department staff as assigned by management.
? Gather and analyze data as assigned by management, generating insightful and accurate reports and presenting findings to stakeholders.
? Maintain proficiency in the use of regulatory reporting software, imaging systems, loan platforms, and other Arvest data systems relevant to this position.
? Understand and comply with bank policy, laws, regulations, and the bank\'s BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.