IT Risk and Control Senior Analyst

Job Description

Overview

Reporting to the VP, IT Risk & Control, this role provides advisory services related to internal controls, risk assessments, risk management, IT controls, related standards (FFIEC, FDIC, GLBA, NIST, etc.) and makes recommendations to reduce risk by executing corrective action plans.

Responsibilities

• Gain comprehensive knowledge of IDBNY IT products and processes with focus on risk assessment and thoughtful improvement backed by data
• Identify, assess and evaluate risk to enable the execution of the enterprise risk management strategy
• In conjunction with team members understand technical processes, then gather, formulate and analyze the data to assist with risk management
• Based on the analysis suggest potential improvements to enhance overall Risk Management process
• Assess on-going risks and work in collaboration with business functional areas to mitigate risks
• Assist in the development of action plans to address risk factors identified during assessment
• Collect information and ensure that potential risk scenarios will be captured by existing controls
• Translate and communicate Risk Management concepts, information, and procedures to both technical personnel and non-IT business users to raise Risk awareness
• Track, monitor, and communicate Risk Management project progress against the project plan, requirements, quality measures, standard processes, and milestones
• Drive ownership and accountability of regulatory meetings, projects, and tasks
• Analyze challenges, problems, and process breakdowns to ensure that lessons are learned and potential improvements are implemented
• Identify potential threats and vulnerabilities for business processes, associated data and supporting capabilities to assist in the evaluation of enterprise risk
• Design and implement information systems controls in alignment with the organization’s risk appetite and in consultation with process owners to support business objectives
• Test information systems controls to verify effectiveness and efficiency prior to implementation
• Facilitate independent risk assessments and risk management process reviews to ensure they are performed efficiently and effectively
• Implement Technology Systems controls to mitigate risk based on framework
• Establish control criteria to enable control life cycle management
• Ensure existing controls aligned to corporate risk appetite and tolerance
• Identify and report on risk, including compliance, to initiate corrective action and meet business and regulatory requirements
• Monitor risk and communicate information to the relevant stakeholders to ensure the continued effectiveness of the enterprise’s risk management strategy
• Apply risk criteria to assist in the development of the risk profile for management approval

Qualifications

Qualifications

• Bachelor’s degree in Computer Science, Technology, Risk, or equivalent.
• 7+ years’ experience as an information risk analyst, or information technology auditor
• Experience in the financial/banking industry is preferred
• Good knowledge of key tools (ServiceNow, CyberArk, Splunk, Qualys)
• Proficient with Microsoft Office products including Word, Excel, Access, VISIO and PowerPoint
• Report writing skills are required. Must be able to summarize and communicate technical data to a non-technical audience.