Search for More Jobs
Get alerts for jobs like this Get jobs like this tweeted to you
Company: City National Bank
Location: New York, NY
Career Level: Associate
Industries: Banking, Insurance, Financial Services

Description

ANALYST II ORM WHAT IS THE OPPORTUNITY? This position will be responsible for supporting the development and operation of City National Bank's (the Bank's) Operational Risk Management (ORM) program as prescribed by the Risk Council. Responsibilities may include risk assessment; model validation, managing ERM processes; identifying and developing enterprise-wide risk analytics and reports; implementing ORM-related policies and procedures and facilitating the implementation and integration of risk management activities at all levels of the company. Performs other duties/projects as needed. WHAT WILL YOU DO?

  • Assists in the risk-rating of quantitative models. Performs validation of quantitative financial or operational models according to a risk-based schedule and prepares validation reports. Tracks open model validation issues to completion.
  • May assist with the assessment of risks (including credit, market, business and operational risks) and facilitates the implementation and integration of risk management activities at all levels of the Bank.
  • May conduct or facilitate risk assessments, incorporating collaborative qualitative and quantitative analyses, to identify current and/or emerging risks.
  • Acts as an internal advisor/partner to Bank business units regarding risk management matters (e.g. model requirements, controls, risk management best practices, and industry developments.) Assists business units in the enhancement of controls, monitoring and performance measurement, as necessary.
  • Assists with the development, review, enhancement and implementation of related risk management policies, procedures, monitoring activities and controls.
  • May prepare status reports, key metrics and other risk-related and dashboard reporting in accordance with the ERM program and ad hoc, as requested by management and/or the Risk Council.
  • Maintains awareness of the current regulatory/industry trends impacting the Bank's risk management principles, policies and procedures.
  • Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Code of Conduct, Privacy, Bank Secrecy Act/Know Your Client, etc.).
  • Successfully completes all required training and special projects as requested.
WHAT DO YOU NEED TO SUCCEED? Required Qualifications*
  • Minimum 5 years of risk mgmt., consulting or operations experience
  • Minimum 3 years of experience with reporting and analytical tools such as Excel, Brio or MS
  • Minimum 3 years of experience with quantitative data modeling, analysis or data management
Additional Qualifications
  • Bachelor's degree in risk, finance, mathematics or statistics or related discipline with 5+ years of risk management, consulting or operations experience.
  • Strong knowledge of risk management principles, financial modeling, and banking systems and processes required.
  • Must have quantitative modeling or analysis and data management skills.
  • Must possess project management skills and the ability to facilitate change through collaborative effort.
  • Strong interpersonal, verbal, analytical and written communication skills.
  • Extensive knowledge and experience with various reporting and analysis tools including Excel, Brio and MS Access required.
  • Demonstrated ability to develop/run complex queries and create reports and presentations.

WHAT'S IN IT FOR YOU? Compensation Starting base salary: $92,114 - $156,880 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
  • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
  • Generous 401(k) company matching contribution
  • Career Development through Tuition Reimbursement and other internal upskilling and training resources
  • Valued Time Away benefits including vacation, sick and volunteer time
  • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
  • Career Mobility support from a dedicated recruitment team
  • Colleague Resource Groups to support networking and community engagement
Get a more detailed look at our Benefits and Perks.
ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.


 Apply on company website