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Navy Federal Credit Union

Associate Risk Analyst

Entry-Level JobVerifiedNo experience needed

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Based on Florida data

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What they do

A Risk Consultant helps clients to evaluate risk and recommends strategies to mitigate or offset risks that could result in financial losses for a company or organization. May analyze risk in investments, business operations or technology systems at a company. May provide risk management consulting for life insurance, health insurance or other types of insurance companies.

$80,456 / year median in Florida

-3% projected decline

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Job Description

Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship. Responsible for supporting the operation of the risk function by evaluating and analyzing risks of varying complexity and for identifying and implementing approaches and solutions to mitigate those risks. May have a focus on one or more particular types of risk such as financial, or operational, risk and may provide advice to management based on this knowledge base. Typically requires an individual a professional qualification in one or more areas of risk management or its equivalent. Conduct routine work assignments of limited scope and complexity under close supervision. Entry level professional with developing skill set and a basic understanding of procedures and techniques. Understanding of risk-based auditing techniques and methodologies Understanding of applicable federal and state regulations, company policies, and industry best practices Basic project management skills Exposure to operational and regulatory risk controls concepts and practices Familiarity with how to organize and effectively execute risk mitigation and process improvement initiatives Understanding of risk-based auditing techniques and methodologies Understanding of applicable federal and state regulations, company policies, and industry best practices Basic project management skills Exposure to operational and regulatory risk controls concepts and practices Familiarity with how to organize and effectively execute risk mitigation and process improvement initiatives Bachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience Desired Qualifications Master's Degree in related field or equivalent combination of training, education and experience
Additional Information Hours:
Monday - Friday, 8:00AM - 4:30
PM Location:
820 Follin Lane, Vienna, VA 22180 5510 Heritage Oaks Drive, Pensacola, FL 32526 141 Security Drive, Winchester, VA 22602 9999 Willow Creek Road San Diego, CA 92131 Plan the research for and development of specialized risk assessment scopes Collaborate with management and personnel to optimize risk assessment scope development Identify potential business risks, operational and regulatory process deficiencies and improvement opportunities Gather and synthesize data; present conclusions and offer risk mitigation, remediation and process improvement solutions to management Lead/conduct and provide expertise with the administration of specialized risk assessment and testing lifecycles of business activities, processes, policies and procedures for operational effectiveness and compliance with regulatory requirements, federal and state laws, and Navy Federal's quality control standards, policies and procedures Make recommendations for additional controls and corrective action to improve the efficiency and effectiveness of operations and risk mitigation processes