Risk and Compliance Analyst

Brief Overview

This role reports into the Operational Risk Management Department as a part of Texas Capital Bank’s Second Line of Defense organization.  It will serve as the second line of defense independent challenge function covering all aspects of Operational Risk for the bank’s Corporate and Investment Banking segments.  This role will perform 2LOD operational risk management functions required to support Operational Risk Programs including Change Management, RCSAs, Product and Process Risk Assessments, KRIs and Risk Appetite metrics, Loss Events / Near Miss Events, Emerging Risks, Tops Risks, Policy/Process Map/Procedure Reviews, Risk Rating/Tiering, New Initiatives Risk Assessment, Issues Management, Committee reporting, and other executive level risk assessment and reporting tasks as needed, for the bank’s Corporate and Investment Banking sectors.  This role will also regularly interact with senior and executive management across the business, operations, technology and other 1LOD and 2LOD Risk groups.

Responsibilities

• Practice and contribute to the enhancement of Operational Risk Framework as 2nd line of defense. 
• Perform challenge of RCSAs and risk ratings, Identify and assess significant operational risks, evaluate control environment effectiveness and quality of risk management.
• Develop, manage, analyze, or monitor a set of day-to-day operational risk metrics.
• Analyze and identify top risks, emerging risks, and control gaps with an end-to-end viewpoint.
• Identify, document, lead through issues resolution and/or validation issue closure, while managing relationship with senior business leaders across the bank to ensure accountability of issue ownership and timely resolution.
• Work with 1LOD and 2LOD SMEs to ensure that changes are timely identified and logged for risk management purposes.
• Act as lead 2LOD risk operational risk expert to challenge business, risk, and control owners, to create/maintain the operational risk profile for various business and corporate functions on a timely/complete basis, as changes occur throughout the course of business
• Engage on a daily basis with various leaders, subject matter experts, risk/control owners to deliver against 2nd line responsibilities across all risk programs that have a 2nd line Operational Risk component: RCSAs, Key Risk Metrics, risk/control reviews, policy/procedure/process map reviews, core taxonomy data maintenance, new business initiatives risk assessments, scenario analysis and operational risk capital assessment, loss events and incidents management, issues management, committee and managerial reporting.
• Partner with various 2LOD risk management program to align different risk programs to identify opportunities of synergy and efficiency, while being goal oriented to complete deliverables, promoting our risk culture across all three lines of defense
• Work directly in the bank’s risk software application for communication and documentation on a daily basis
• Design and deliver educational, training or other materials to support desired risk culture across the risk teams and the bank
• Support other risk management functions, committee reporting, policy and governance framework, such as drafting of committee meeting materials, drafting and updating policies and programs documents, and maintaining committee charters, etc.
• Other Ad-Hoc Projects as assigned

Qualifications

• Bachelors degree in Business related fields, such as Finance, Accounting, or Mathematics etc.is required.
• Minimum 5 years of financial services experience, experience defining and executing the Operational Risk Management Framework, and specific knowledge/experience with Investment Banking or Sales and Trading is also required.  Prior experience with Corporate Lending, Treasury Management, and/or credit is a plus.
• Specific knowledge and experience with expert understanding of the back-end data structure /data hygiene and data management routines of a risk management GRC system is required, and specific experience with the Archer GRC tool is a plus.
• Ability to quickly understand end-to-end processes of complex business operations through multiple channels of information gathering, to identify risks, process gaps, and collaborate with stakeholders to problem-solve, and lead issue through full resolution.
• Ability to influence, develop and maintain productive working relationships across business, functions, and lines of defense.
• Demonstrated ability in communicating effectively, both verbally and written.  Comfortable presenting and influencing senior business management using both verbal and written communications such as PowerPoint presentations, Data visualization dashboards, and effective email messages.  Ability to explain complex concepts in simple language. Superior communication skills – both verbal and written – is one of the critical success factors for this role.
• Superior analytical and problem-solving skills, advanced knowledge with Microsoft Office Excel, Powerpoint, and Word is required.  Experience and expertise with managing and analyzing large sets of data is required.  Ability to build and manage data visualization tools such as Tableau or PowerBI is preferred. 
• Excellent interpersonal skills and a team player. Ability to develop and maintain productive working relationships across business, functions, and lines of defense. Understanding of financial analysis – able to work with financial statements / reports.
• Independent self-starter can work independently to produce quality work, and work in collaboration with others to perfect collective work products. 
• Well organized and detail oriented to handle diverse and concurrent assignments under specific and urgent timelines

The duties listed above are the essential functions, or fundamental duties within the job classification.  The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.