PenFed is hiring a (Remote) Analyst, Finance Risk Office associated with our Tysons, Virginia location. The Analyst, Finance Risk Office performs support functions for First Line CFO-owned risk management processes, assessments, audits, regulatory exams and various 2nd line risk initiatives.
• *This role must be located in the East Coast.**The anticipated starting salary range for this role is $45,400 - $83,857This position is eligible for the organization’s annual Balanced Scorecard bonus subject to board discretion and approval.This position is also eligible for the opportunity for an annual Pay for Performance bonus.

Equivalent combination of education and experience is considered
• Bachelor’s degree in business, Finance. Equivalent combination of education and experience is considered.
• Minimum of two (2) years of work experience in financial services required.
• Minimum of one (1) year experience in risk management in a financial institution preferred.
• Basic understanding of operational risk and controls methodologies, risk and control statements for financial institutions
• Familiar with process analysis, process flow documentation
• Comfortable operating in ambiguous environment with willingness to adapt as needed.
• This role must be located in the East Coast. Preferably in the DC Market.
• Experience using A.I. tools preferred.

Supervisory Responsibility

This position will not supervise employees.

Licenses and Certifications

There are no additional certifications required.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
• Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*

Travel

Ability to travel to Tysons, VA periodically will be required.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties, and the position will perform other duties as assigned.
• Centrally maintain the Archer GRC content for Finance including risk and controls inventory, assessments and testing.
• Responsible for accuracy of Finance GRC data.
• Assist with various risk programs including Finance involvement with RCSA, process taxonomies, controls testing, issues management, new activities and other programs integrated with the second or third lines of defense.
• Develop and maintain positive working relationships with first, second- and third-line risk areas.
• Coordinate deliverables to Enterprise Risk Management for Finance risk tasks.
• Coordinate exam deliverables to the NCUA during regulatory exams.
• Assist with risk projects that impact the Finance department.
• Assist with drafting risk and controls statements, procedures, SIPOCs and other risk and process documentation.