ERM Operational/IT Risk Analyst

Westbury, NY, United States - Compliance & Risk Management - Posted Oct 9, 2018
Requisition Number: 180000SO

Save Job Saved
Share: Email Job



The ERM Operational/IT Risk Analyst will assist in the implementation and execution of an effective risk based program meant to identify, measure, assess, report, monitor and control information technology risk exposures related to operations, vendors, information technology (*IT*), Cybersecurity, and information security (*IS*) by providing an effective challenge on all information technology framework and deliverables. This role will support the ERM IT Risk Manager as well as interface with the Bank's lines of business (*LOB*) and their respective Business Process Owners (*BPOs*).



Supports the execution of ERM's IT Risk Management Program framework, e.g., risk identification, assessment, and effective second line challenge on processes across all aspects of IT and IS.

Analyzes and make recommendations on adequacy/relevance/accuracy of department policies, processes and procedures.

Assesses the adequacy of self-assessments, e.g., risks, controls, risk scores.

Assesses IT/IS business risks and works with the ERM team to ensure adequate detective and preventative controls are in place to mitigate risk.

Assist in ensuring accurate data capture of activities and business risks and analyzing same in support of risk reporting for all levels of management.

Assists in the development of key initiatives related to improving controls or implementing new regulations.

Build relationships with key stakeholders by utilizing individual credibility and applying business acumen to communicate risk factors to leadership, resolve inquiries and develop recommendations for continuous improvement and alignment with overall risk strategy.

Critically maps Internal Audit, SOX Department, and Regulatory exam findings for possible impact to risk ratings and enhancement strategies.

Develops and maintains an understanding of the portfolio of IT/IS risks across the front to back office through the life cycle. Provides identification and delivery of risk mitigation solutions to the BPO's.

Engages in root cause analysis and works with the appropriate groups to recommend controls and solutions when researching risk events, operational processes, and new regulatory initiatives.

Identifies potential actions required based on gaps identified through risk assessments and quality reviews of controls.

Maintains awareness of, and tracks, regulatory environment and industry relevant standards on an ongoing basis.

Manages IT/IS risk events and risk action items to closure.

Measures, monitors and reports on IT/IS operational risk for different functions in the various operations of the Bank by analyzing performance, key risk indicators and other metrics.

Participates and facilitates periodic reporting.

Perform internal controls assessments of existing controls against established standards or emerging technologies to identify inherent risk and evaluate key mitigating controls.

Provides feedback on IT/IS operational risks associated with the offering of new systems or applications and/or services and business initiatives.

Works to further develop the awareness and training on IT/IS risk across the corporation.

Works with the LOBs to develop relevant and measurable key risk indicators (KRIs) and assesses periodically the adequacy/quality of related KRIs.

Works with the LOBs to promote acceptance of the risk framework and further embed a culture of IT risk identification and mitigation.

Performs special projects, and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.



Bachelor's degree in Business Administration, Accounting, Finance or related field.

Minimum of three (3) years of relevant industry experience in operational or IT risk management or internal controls.

Big four or CCAR bank experience.



Strong interpersonal skills / ability to develop relationships with business lines, internal audit and external auditors.

Strong analytical, problem-solving and negotiation skills.

Strong team player.

Strong oral and written communication skills.

Strong organizational and prioritizing skills.

Computer literate with proficiency in word processing, spreadsheet and database applications.

Ability to influence business partners in addressing control issues and business practices; ability to lead without direct authority.

Ability to handle a variety of projects simultaneously.

Ability to handle confidential information in a mature and professional manner. Ability to work with concepts and work independently.

Ability to ask the *right* questions without having extensive knowledge in a particular business area.



New York Community Bancorp, Inc. (NYSE: NYCB) is one of the 25 largest bank holding companies in the nation, with assets of $48.3 billion and a market cap of $6.4 billion at June 30, 2017. With deposits of $28.9 billion and 255 branches in Metro New York, New Jersey, Florida, Arizona, and Ohio, NYCB also rank among the largest depositories in the United States. NYCB operates through two banks with eight local divisions - New York Community Bank a savings bank with 225 branches throughout our five-state franchise; and New York Commercial Bank which has 30 branches. With a longstanding reputation for strength, stability and service, NYCB is proud to be committed to the communities it serves. To learn more about the NYCB Family of Banks visit us at


BRANCH OUT and help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around be sure to let them know how they can become a part of the NYCB family.


NYCB is an equal opportunity employer that prohibits discrimination in hiring or terms and conditions of employment on the basis of race, color, age, sex, national origin, ethnicity, religion, marital status, disability, military status, veteran status, domestic violence victim status, gender identity or expression, sexual orientation, genetic information or any other classification protected by the federal, state, and local laws and ordinances.


This policy is applicable to all terms and conditions of employment including, but not limited to: recruitment and selection, promotion and demotion, transfer, training and development, compensation, benefits, leaves of absence and termination. When necessary, NYCB will reasonably accommodate employees and applicants with disabilities or with religious requirements necessitating accommodation.


In addition, NYCB complies with all applicable laws which govern nondiscrimination in employment in every location in which NYCB does business.

Interested in working for New York Community Bank?
Take the first step by joining our Talent Network today!

Join our Talent Network