[Remote] Risk Analyst

Note: The job is a remote job and is open to candidates in USA. Vast Bank is hiring a Risk Analyst to support its Enterprise Risk Management Department. The role identifies, assesses, and monitors risks; supports risk frameworks, controls, and remediation; evaluates risks in products and initiatives; and coordinates internal and external audit activities.

Responsibilities

• Identify and evaluate potential risks across business units, including operational, financial, compliance, strategic, and reputation risks
• Conduct risk assessments and document risk statements, likelihood, and impact
• Facilitate risk workshops and engage stakeholders to capture emerging risks
• Monitor key risk indicators (KRIs) and escalate issues where thresholds are exceeded
• Maintain risk registers and ensure data accuracy and completeness
• Support the preparation of risk reports, dashboards, and executive summaries
• Partner with business owners to evaluate the effectiveness of existing controls
• Track mitigation plans and ensure timely completion
• Recommend improvements to strengthen internal controls and reduce risk exposure
• Analyze risk data and trends to identify patterns and potential areas of concern
• Assist in developing reporting tools and dashboards (e.g., Power BI, Excel, or Power Apps)
• Provide actionable insights to support decision-making
• Support adherence to enterprise risk management frameworks and policies
• Serve as primary liaison between external auditors and business teams to support audit execution, manage documentation requests, and ensure clear, timely communication
• Assist in regulatory and compliance activities as needed
• Ensure proper documentation of risk processes and methodologies
• Work cross-functionally with Finance, Compliance, IT, and key Operations teams
• Provide guidance to business stakeholders on risk management practices
• Support risk awareness and training initiatives
• Coordinate audit activities, including scheduling, request list management, and stakeholder alignment
• Serve as facilitator between auditors and internal teams, ensuring timely, accurate information exchange
• Track audit requests, deliverables, and timelines; proactively identify and escalate delays or risks
• Maintain organized audit documentation, including evidence, workpapers, and quality assurance support
• Monitor audit findings and remediation progress, supporting timely closure and reporting

Skills

• Minimum 2-5 years of experience in a Compliance or Risk Management role in financial services
• Bachelor's degree in business management, finance, risk management or related field
• Strong communication skills to develop good working relationships and to promote cooperation and compromise among various departments
• Strong analytical and problem-solving skills
• Ability to assess risk and interpret complex data
• Ability to develop and maintain effective working relationships at all levels by proactively participating in and contributing to a positive work environment, controlling emotions and temperament, and exhibiting courteous, respectful, and professional behavior
• Ability to quickly adapt to changing environments, processes, and technologies
• Strong organizational skills
• Ability to maintain composure under pressure or adverse circumstances, using effective strategies for managing personal stress
• Ability to maintain personal and work direction when faced with ambiguity

Benefits

• Comprehensive benefits package
• 401(k) match
• Professional development opportunities for advancement
• Tuition assistance
• Transit reimbursement
• Paid time off

Company Overview