Risk Analyst
: Job Details :

Overview:

WHAT DOES A RISK ANALYST DO? Supports the Risk organization as a trusted advisor/consultant to the line of business consulting on the major risk factors influencing their financial success. Risk Analysts help determine if business ideas are viable based on the amount of risk the company shareholders want to take on. They collect data to determine risk vs. reward and translate them into key risk indicators(KRIs) that are leading indicators of risk. Risk Analysts also support root cause identification and make recommendations on how to mitigate risk to an acceptable level commiserate with the risk appetite of the organization. They routinely monitor KRIs and help adjust the risk posture and appetite as business strategy and objectives evolve. ABOUT US: BM Technologies, Inc. (NYSE American: BMTX, BMTX.W) is among the largest digital banking platforms in the U.S., providing access to checking and savings accounts, personal loans, credit cards, and financial wellness. It is focused on technology, innovation, easy-to-use products, and education with the mission of being customer-obsessed and creating customers for life. The BMTX digital banking platform employs a multi-partner distribution model, known as Banking-as-a-Service (BaaS), that enables the acquisition of customers at higher volumes and substantially lower expenses than traditional banks while providing significant benefits to its customers, partners, and business. BMTX currently serves over two million account holders and provides disbursement services at approximately 725 college and university campuses (covering one out of every three students in the U.S.). BM Technologies, Inc. is a technology company and is not a bank, which means it provides banking services through its Member FDIC and Equal Housing Lender partner banks.

Responsibilities:

REQUIREMENTS: THE VALUE YOU WILL BRING! Skills

• Analytical: Strong analytical skills are a must for a Risk Analyst. They must be able to quickly analyze a large collection of data, then create reports and determine results.
• Decision making: Risk Analysts are often in charge of making business and financial decisions for their clients. The ability to quickly analyze data and make a decision, such as which stock or whether or not to issue credit, is crucial.
• Communication: Written and verbal communication skills are important for Risk Analysts. They must communicate clearly and effectively with clients and team members at all levels
• Process Mapping
• Develop executive-level presentations to include summaries and recommendations
• Project management

Qualifications:

• Ability to quickly understand business process
• Make recommendations to reduce risk, e.g., propose control enhancements, develop KRI/threshold reporting, establish limits
• Use critical thinking in combination with GRC tools and data to calculate the risk of a decision
• Consult with business decision-makers and understand their business objectives, data and needs
• Evaluate business processes, objectives, financials to determine various levels of risk
• Create reports and anticipate the losses of certain business decisions

WHAT DO YOU HAVE TO LOOK FORWARD TO? In this role, you'll be the go-to person for sizing risks and closely monitoring Key Risk Indicators. As part of our growing team, you'll be in charge of creating and keeping tabs on these KRIs. You'll also be the detective when it comes to spotting problems, figuring out why they happened, and coming up with smart fixes. This position will have a great impact on our operations at BMTX. If this prospect excites you, we would love to hear from you! EDUCATION AND EXPERIENCE ? A bachelors degree in business, accounting, finance, or statistic or commensurate experience of 3+ years in a risk management-type role at a financial services organization