[Remote] Sr Financial Risk Analyst

Note: The job is a remote job and is open to candidates in USA. MVB Bank is a publicly traded financial holding company that provides services to individuals and corporate clients across the United States. The Senior Financial Risk Analyst will lead the analysis of financial risks, establish key risk indicators, and provide strategic guidance to senior management, while ensuring compliance with regulatory requirements.

Responsibilities

• Leads comprehensive analysis of credit, market, liquidity, and/or model risks and provides strategic guidance to senior management on risk exposures
• Establishes key risk indicators (KRIs) and proactively monitors risk exposures across business lines
• Identifies emerging risks through the monitoring of early warning indicators and provides strategic recommendations to senior management and board committees
• Reviews financial models (such as CECL, stress testing, and/or ALM models) and provides effective challenge on model methodology, assumptions, and limitations
• Maintains model inventory and works with model owners and validators to ensure findings are remediated
• Challenges business unit risk mitigation strategies and ensures remediation plans adequately address root causes
• Provides independent assessments on regulatory preparedness and leads the preparation for regulatory examinations and audits
• Monitors changes in regulatory requirements and partners with senior leadership to develop action plans to address impact of changes
• Provides effective challenge to business line policies to meet regulatory requirements
• Provides information to management by assembling and summarizing data, preparing reports, making presentations of findings, analyses and recommendations
• Leads effective challenge of due diligence processes for new business lines or products

Skills

• Bachelor's degree in accounting, finance, economics, or related field, or equivalent work experience
• 5+ years of experience working in banking, financial services, or risk management
• Demonstrated experience in credit, liquidity, or model risk management
• Experience supporting or participating in regulatory examinations
• Working knowledge of applicable banking regulations, with particular emphasis on FDIC credit, liquidity, and model risk management regulations
• Experience reviewing or analyzing financial models (CECL, stress testing, ALM, or similar)
• Excellent written and verbal communication skills with ability to present to senior management
• Strong analytical, critical thinking, and quantitative skills with attention to detail
• Collaborative approach to working with business units while providing independent challenge and objectivity
• Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Professional skepticism and sound judgment
• Advanced Microsoft Excel proficiency
• Experience with risk management software
• Banking or regulatory examination experience
• Master's degree in accounting, finance, economics, or related field
• Experience with model development or validation
• Experience with data querying or data visualization tools

Benefits

• Medical, Dental and Vision Insurance
• Health Savings Account (HSA), Health Reimbursement Account (HRA) & Flexible Spending Accounts (FSA)
• Short- and Long-Term Disability Plan
• Group Life Insurance
• 401K Salary Deferral Plan
• Wellness Program
• Education & Tuition Expense Reimbursement
• PTO and Unique Vacation Purchase Program
• Nationwide Pet Insurance Coverage

Company Overview

• MVB Bank provides saving accounts, wealth management, and digital banking services. It was founded in 1999, and is headquartered in San Francisco, California, USA, with a workforce of 201-500 employees. Its website is https://mvbbanking.com/.

Apply tot his job Apply To this Job