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