Introduction:
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview:
The First Line of Defense Senior Risk Analyst will work within the Banks first line of defense risk management function and will support the execution of the first line of defense risk management program. The Senior Analyst will work with the first line of defense managers and team leaders to conduct consistent and effective testing of control design and effectiveness.
This role requires an individual with knowledge of the Banks policies, guidelines, and practices and the ability to support a developing first line testing and risk management program.
Responsibilities:
Support the execution of first line testing of controls to evaluate the design and operating effectiveness of business unit controls. Conduct walkthroughs and help business units identify and understand the impact of applicable risks as part of the Risk and Control Self-Assessment (RCSA) program. Manage assigned tasks and create detailed control testing documentation. Assist with the validation and closure of control issues. Work collaboratively with other team members across lines of defense. Keep stakeholders informed of testing progress and findings, and help escalate issues as needed Stay up to date and knowledgeable about current and emerging business risks. Provides support for special projects and initiatives. Qualifications: Five (5) or more years of related work experience in audit, supervision, risk management or compliance with a banking / financial services company. Knowledge of banking operations, products, and services; experience with risks and controls/control gap identification related to Loan Operations, Commercial Lending and Banking, Retail Banking, Bank Support and Corporate functions (such as Marketing, HR, Accounting, FP&A etc.). AML/BSA, Payment Fraud Cross-border Banking, and Digital Banking is a big plus. Understanding of federal and/or state compliance regulatory requirements applicable to Banks. Professional and self-motivated with an ability to work in a dynamic, fast paced environment. Experience conducting risk assessments, testing controls, and helping business units address risk management challenges. Strong written and oral communication skills and ability to manage time, stay organized, and prioritize. Analytical skills with the ability to identify, research and weigh risk and control issues Strong Microsoft Office knowledge; preferably advanced Microsoft PowerPoint and Excel skills and familiarity Professional risk management certification (CIA, PRM, CRMP).
Compensation:
The base pay range for this position is USD $70,000.00/Yr. - USD $85,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.