Navy Federal Credit Union

Principal Risk Analyst (Execution)

Navy Federal Credit Union • $95K — $115K *
Pensacola, FL 32514In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business Administration, Auditing, or a related field or equivalent experience
  • Subject matter expert in risk management with knowledge of interconnected disciplines
  • Extensive knowledge of risk-based auditing techniques and methodologies
  • Thorough understanding of federal and state regulations, company policies, and industry best practices
  • Proven experience managing complex, cross-departmental projects
  • Strong grasp of operational and regulatory risk control concepts
  • Expertise in planning and executing risk mitigation and process improvement initiatives
  • Advanced analytical and organizational skills

Responsibilities

  • Plan and develop specialized risk assessment scopes
  • Collaborate with management to enhance risk assessment processes
  • Identify potential business risks and operational deficiencies
  • Analyze data and propose risk mitigation solutions to management
  • Lead risk assessment and compliance testing for operational effectiveness
  • Oversee initiatives to improve operations and risk mitigation processes
  • Prepare and present risk assessment reports and recommendations

Benefits

  • Work a standard Monday to Friday schedule
  • Locations in Vienna, VA, Pensacola, FL, and Winchester, VA
  • Opportunity to mentor younger staff and lead projects
  • Engage with senior management on complex issues and strategic initiatives
Full Job Description
Job Description

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. Work independently to interpret and develop solutions to complex business challenges that have a significant impact on the function or branch. Specialized skill set and proficiency with procedures and techniques. Provide risk management support to EPMO governed strategic portfolios.

Responsibilities

  • 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 assists provide expertise in 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
  • Develop, lead and oversee efforts to improve the efficiency and effectiveness of operations and risk mitigation processes - Considerable impact
  • Prepare and present to management and/or affected business unit summaries, operational and regulatory risk assessment reports, trending, and remedial or mitigation solutions
  • Assist with the development and enhancement of practices, procedures, and instructions
  • Develop and maintain strong working relationships with team members, subject matter experts, and leaders; work with senior management on complex issues
  • Lead moderate to large projects and initiatives
  • Mentor lower level staff


Qualifications

  • Bachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience
  • Subject matter expert within business area/specialization with understanding of interrelationships of different disciplines
  • Significant knowledge and understanding of risk-based auditing techniques and methodologies
  • Significant knowledge of applicable federal and state regulations, company policies, and industry best practices
  • Significant experience managing multi-faceted projects simultaneously that have cross-departmental impact
  • Significant knowledge of operational and regulatory risk control concepts and practices
  • Proven ability to plan, organize and effectively execute risk mitigation and process improvement initiatives
  • Advanced organizational, planning and time management skills
  • Advanced research and analytical skills

Desired Qualifications
  • Experience supporting or leading change management initiatives, including stakeholder engagement, communication planning, training, adoption, and organizational readiness activities.
  • Experience performing data analysis and translating complex data into meaningful insights and business narratives, with proficiency in data visualization tools such as Power BI or Tableau to create impactful dashboards and reporting.


Additional Information

Hours:
  • Monday - Friday, 8:00AM - 4:30PM


Location:
  • 820 Follin Lane, Vienna, VA 22180
  • 5510 Heritage Oaks Drive, Pensacola, FL 32526
  • 141 Security Drive, Winchester, VA 22602


About Navy Federal Credit Union

Navy Federal Credit Union is a credit union that serves members of the military and their families. The credit union offers a range of financial products and services, including checking and savings accounts, loans, and credit cards. Navy Federal Credit Union was founded in 1933 and is headquartered in Vienna, Virginia. The credit union has more than 9 million members and operates more than 300 branches across the United States and around the world.
Learn more about Navy Federal Credit Union
Size
18,000 employees
Industry
Finance & Insurance
Founded
1933
* Ladders Estimates

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