Operational Risk Analyst (On-site)

Heritage Bank currently has an exciting opportunity within our organization!

Our Risk and Compliance team is seeking an operational risk analyst to join the team. This position is responsible for supporting the Operational Risk Management (ORM) framework under the Enterprise Risk Framework (ERM) and will contribute to the development and ongoing support of the banks risk management programs in accordance with the banks strategic direction risk appetite and all regulatory guidelines and industry standards.

This position is full time and fully on-site at the Southern Operations Center in Tacoma WA. Typical schedule is Monday - Friday 8:00 am to 5:00 pm.

Base Salary Range:

$36.44- $45.55- $54.56 per hour

The Role at a Glance:

• Assists with coordinating the compilation data aggregation and updating of enterprise-level financial and/or non-financial risk metrics.
• Maintains effective relationships with business line management and staff to support business risk management practices including risk evaluations monitoring and responses.
• Designs develops and maintains risk metrics dashboards reporting tools trend analyses / reports.
• Assists and supports cross-functional risk assessments to develop a comprehensive enterprise-wide view of operational risk.
• Monitors identifies and escalates significant instances of business units or enterprise functions not adhering to the framework ORM lifecycle requirements or other risk governance documents.
• Aggregates critical risk data and develops reporting to support the ERM program.
• Contributes to the development maintenance and communication of risk policies standards and procedural guidance.
• Contributes to developing reviewing and monitoring ERM Framework measurement components including risk appetite risk tolerance thresholds and key risk indicators (KRIs).
• Monitors industry trends best practices and guidance relating to ORM and incorporates as applicable into the Banks ORM framework.
• Maintains the ERM Risk Register and supports issue tracking and workflow processes.
• Supports and manages the Banks resiliency program including business continuity planning and testing.
• Evaluates monitors and reviews frontline implementation and adherence of performance and incentive compensation programs to ensure alignment and compliance with the Incentive Compensation Policy.
• Maintains accurate audit documentation to support governance and regulatory reviews. May participate and/or lead the collection of data and information for regulatory examinations.

Core Skills and Qualification:

• H.S. Diploma required. Bachelors Degree Business Accounting Finance Risk Management or equivalent preferred.
• 3 years recent experience in a similar and/or relevant risk operations or compliance role in a financial services industry and community bank environment of at least $5 - $10 billion in assets required.
• Working knowledge and understanding of industry accepted enterprise and/or operational risk management frameworks required.
• Recent experience in finance internal or external auditing accounting legal knowledge of governance best practices and understanding of the banks products services and distribution channels preferred.
• Provides an exceptional level of quality service for internal/external customers; responds to customers needs questions and concerns in an accurate effective and timely manner.
• Demonstrated ability to develop and maintain strong working relationships with all business units management staff regulators and audit personnel to achieve common goals.
• Excellent listening verbal written and telephone etiquette business communication skills and well-developed interpersonal skills including effective questioning strategies and presentation skills and the ability to build rapport and professionally interact at all levels within the organization; with the ability to read write speak and understand English well.
• Effective organizational time management data review/analytics and processing skills; with the ability to manage multiple assignments goals and reporting requests ensuring priorities are set with the ability to meet multiple and sometimes competing deadlines with moderate oversight and direction.
• Strong analytical reasoning and problem-solving skills with excellent attention to detail and a strong focus on accuracy and produce meaningful reporting data and solutions for emerging risks and opportunities.
• Thorough working knowledge and understanding of principles procedures compliance requirements state/federal regulations and policies related to assigned area.
• Knowledge of risk management practices and demonstrated ability to assess broad-based business impacts and identify risk trends challenges and opportunities.
• Ability to read research analyze and interpret technical procedures government regulations trade journals and legal documents.
• Unquestionable integrity in handling sensitive and confidential information required.
• General working knowledge of both theoretical and practical aspects of project management.
• Proficient and advanced use and understanding MS Office products (Word Excel Outlook) and financial management data processing systems with the ability to adapt to new products and technologies quickly.
• Experience with Governance Risk Management and Compliance (GRC) tools - preferred.
• Certified Risk Analyst-GAFM Certified Risk Management Professional (RIMS-CRMP) Professional Risk Manager (PRM) Certified Enterprise Risk Professional (CERP) Certification in Risk Management Assurance (CRMA)Certified Risk and Compliance Management Professional (CRCMP) - preferred

Working Environment/Conditions:

• Climate controlled office environment.
• Work involves being able to concentrate on the matter at hand under sometimes distracting work conditions and frequent employee and/or customer contacts and interruptions during the day.
• Work requires regular attendance punctuality and adherence to agreed-upon schedule with willingness to work a flexible and/or rotating schedule and or extended hours and assist at other locations or remotely as needed.

Physical Demands/Effort:

• Work may involve the constant use of computer screens reading of reports and sitting throughout the day.
• Ability to operate a computer keyboard multi-line telephone photocopier scanner and facsimile which often requires dexterity of hands and fingers with repetitive wrist and hand motion.
• Typically sitting at a desk or table; intermittently standing stooping bending at the waist walking climbing kneeling or crouching to file materials.
• Occasional lifting and/or moving up to 10 lbs. (files boxes etc.)

At Heritage Bank we work hard but we also know how important it is to take time off to stay healthy relax and spend time doing what makes your heart happy!

As part of our team youll enjoy a total rewards package which includes base salary based on the role experience and skill set along with an exceptional benefits package (medical dental vision life insurance 401(k) community volunteer time) and generous time off policy. Full-time team members receive a minimum of 10 paid vacation days annually* and eight hours of paid sick leave per month* while also enjoying 11 paid holidays each calendar year and an annual float day. *pro-rated from start date and/or hours worked. To view Benefits Summary: Apply > Current Openings > position > attachment.

The above statements are intended to describe the general nature and level of work being performed and are not an exclusive list of all qualifications for this position.

Heritage Bank is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age protected veteran status disability or any other basis protected by applicable law.

Job applicants have certain legal rights. Please clickherefor information regarding these rights.

If you need assistance completing the online application please email:

Salary Range Disclaimer

The base salary range represents Heritage Banks current salary range for the position. Actual salaries will vary depending on factors including but not limited to qualifications experience and job performance. The range listed is just one component of Heritage Banks total compensation package for full time and part time employees. Depending on position other total compensation rewards may include monthly quarterly or annual incentive and/or bonuses.

##JobCategory:Compliance / Audit##

##Street:3615 Pacific Avenue##

##City:Tacoma##

##State:WA##

##ZipCode:98418##

##Internal:false##