AVP, Business Risk Analyst
El Monte, CA - USA
Department:
Job Summary
People Drive Our Success
Are you enthusiastic highly motivated and have a strong work ethic If yes come join our team! At Cathay Bank we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members drive and optimism. Together we can make a difference in the financial future of our communities.
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GENERAL SUMMARY
A centralized first line of defense Business Risk Analyst supports Business Risk Control Officers (BRCOs) across assigned units. The centralized team drives consistency and standardization in risk management activities enabling a cohesive efficient and transparent risk program. This role provides analytical capabilities risk data coordination and operational support to identify assess monitor and report risks in a consistent 1LOD approach.
ESSENTIAL FUNCTIONS
Implement and promote common templates definitions and governance approaches for risk management.
Design implement and monitor risk metrics supporting assigned unit activities. Identify leading indicators and early warning signals across assigned units.
Manage the reporting of Key Risk Indicators (KRIs) and performance-linked metrics aligned to business processes.
Build statistical and trend-based analysis models to monitor risk concentrations and operational anomalies.
Support rollout and adherence to risk policies standards and escalation procedures across all units.
Produce regular risk reporting presentations for risk governance forums and senior management.
Flag red/yellow risk trends and assist in root-cause analysis ensuring consistency in interpretation across units.
Track remediation actions milestones and deadlines; assist in status reporting with standardized formats.
Analyze risk data to identify patterns gaps and opportunities for control improvement using uniform methodologies.
Assist in risk events capture investigation support and post-event reviews using common procedures.
Contribute to risk monitoring programs incident reporting and escalation workflows in a standardized way
Support training and awareness activities for frontline teams on risk management practices.
Develop risk reporting visualizations across key business functions using tools such as:
Excel
Power BI/Tableau
PowerPoint
Visio
Define threshold structures (Green / Amber / Red) based on risk appetite for escalation.
Monitor daily weekly and monthly risk metric performance and produce risk intelligence reports for management and division heads.
Support Issue Management for assigned Business units.
Conduct process-level risk identification for assigned Business units.
Map operational workflows to risk events and control points.
Identify control gaps and emerging operational risks based on metric behavior.
Provide analytical insights to strengthen internal controls and reduce loss events.
Monitor risk tolerance breaches and escalate according to governance protocols.
Partner with Business Risk and Control Officers to:
Interpret risk metrics
Identify operational vulnerabilities
Improve process resilience
Support third party onboarding and ongoing monitoring activities by supporting respective BRCOs and business units.
Support Risk and Control Self-Assessment (RCSA) processes with quantitative evidence.
QUALIFICATIONS
Education:
Masters degree preferred (MBA Finance Analytics).
Bachelors degree in Finance Risk Management Economics Data Analytics Statistics Mathematics or other major within quantitative disciplines is required.
Experience:
Must have a minimum of 3-5 years of leadership experience in a banking environment or within the financial services industry serving in risk-related roles preferably in a first line or a second line risk management role (operational risk management is preferred).
Experience with risk systems or governance risk and compliance (GRC) platforms.
Understanding of specific regulatory environments relevant to the organization.
Skills/Ability:
Strong knowledge of banking operations products and services and their related first line internal operating processes.
Knowledge of incident management KRIs RCSAs and risk remediation tracking.
Advanced level experience working in Microsoft Office applications including Word Excel PowerPoint and Visio.
Highly analytical detailed oriented self-starter and strong execution competencies.
OTHER DETAILS
$93000 $114200 / year
Pay determined based on job-related knowledge skills experience and location.
This position may be eligible for a discretionary bonus.
Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes coverage for medical insurance dental insurance vision insurance life insurance long-term disability insurance and flexible spending accounts (FSAs) health saving account (HSA) with company contributions voluntary coverages and 401(k).
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Cathay Bank is an Equal Opportunity and Affirmative Action Employer. We welcome applications for employment from all qualified candidates regardless of race color ethnicity ancestry citizenship gender national origin religion age sex (including pregnancy and related medical conditions childbirth and breastfeeding) reproductive health decision-making sexual orientation gender identity and expression genetic information or characteristics disability or medical condition military status or status as a protected veteran or any other status protected by applicable law.
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Required Experience:
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About Company
People Drive Our Success Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly ... View more