Senior Enterprise Risk Analyst - Remote

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated fintech solutions provider. The company serves more than 4,000 financial institutions throughout North America, operating with velocity to help our clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Our purpose: We accelerate partners’ success through innovative financial technology solutions and inspired service.

The Opportunity

The Senior Enterprise Risk Analyst will support the ongoing development and execution of the Enterprise Risk Management Program, which includes risk identification, analysis, measurement, monitoring, and reporting. The Senior Risk Analyst will have a detailed and comprehensive understanding of risk identification, assessment, and mitigation techniques and approaches, with experience across multiple risk management and compliance domains. They will also assist in managing risk initiatives across the organization.

Day In the Life

• Collaborate with risk liaisons, risk owners, and/or business unit leaders to identify and evaluate the likelihood and impact of risks, as well as the design and/or effectiveness of related controls. This includes but is not limited to assisting in and/or conducting business unit and ad-hoc risk assessments.

• Partner with 1st line GRC and 2nd line risk functions to ensure all identified risks are accounted for in assessments and issue documentation.

• Identify risk mitigation gaps, provide recommendations for control enhancement(s), and monitor remediation activities as it relates to ongoing Issues Management.

• Provide necessary updates to Velera’s GRC platform and related analyses to allow consistent and accurate risk reporting.

• Provide advice and guidance to management to support the creation of key performance and key risk indicators while further supporting the early identification of risk trends.

• Prepare high-quality risk reports for Management.

• Participate, under the direction of ERM leadership, in the quarterly KPI and KRI reporting process.

• Conduct research into relevant indicators of risk for each risk category with a focus on leading and coincident indicators where possible; and, identifying issues for KRIs persistently out of tolerance.

• Participate in discussions with Business Unit Leaders and risk owners to enhance the key risk indicators that are aligned to the Company’s key performance indicators.

• Prepare documentation of the key performance and risk indicators that will comprise the measures supporting the Company’s risk appetite statement for review by ERM leadership.

• Under the direction of ERM leadership, provide recommendations to further promote awareness and affect positive change in the risk culture across the organization, while meeting the ERM objectives and alignment of the overall strategic goals.

• Stay abreast of emerging risk trends, industry best practices, and legislations in order to assess potential impact to VELERA.

• Maintain a comprehensive set of ERM tools – technology, policies, and procedures to analyze and report enterprise risks.

• Prepare updates to ERM Program documents for review by ERM leadership. When required, recommend changes to risk assessment and risk monitoring methodologies to ensure the Company keeps pace with the leading edge of risk management practices.

• Assist ERM leadership with the preparation of deliverables for board and management committees, executives, and business unit leaders.

• Perform other duties as assigned.

Qualifications

• Bachelors degree in Business, Information technology, or related field or equivalent combination of education and experience required.

• Three (3) years in enterprise risk management required with experience in conducting facilitated sessions to identify, analyze, and quantify risks (qualitative & quantitative), identifying and aligning internal controls to risks, and testing internal controls. Experience participating in complex projects and creating documentation to communicate results required.

• Experience applying financial and technology compliance controls using frameworks such as NIST Cyber Security Framework, ISO 27001, SOC Types 1 and 2, COBIT, ITIL, Sarbanes-Oxley (SOX), PCI standards, and CCPA/GDPR preferred. 

• Related professional designations / certifications preferred (RIMS-CRMP, CRISC, CISM, CPA, CISA, CISSP).  

• Experience with integrated risk management systems (Riskonnect) preferred)

• Minimal travel may be required (1x/year)

About Velera

At Velera we are committed to fostering a workplace where every employee feels valued, respected, and connected. We understand, attract and engage a diverse workforce where every employee can live up to their full potential; ensuring that our employee base reflects the consumers we serve. The result of this effort is an inclusive environment where diverse talent thrives. We strive to foster a safe and inclusive work environment for people to bring their authentic selves in order to build a better community within our company and with our partners.   Learn more about our commitment to Diversity, Equity, and Inclusion HERE!

Pay Equity

Actual Pay will be adjusted based on experience and other job-related factors permitted by law.

Great Work/Life Benefits!

• Competitive wages

• Medical with telemedicine

• Dental and Vision

• Basic and Optional Life Insurance

• Paid Time Off (PTO)

• Maternity, Parental, Family Care

• Community Volunteer Time Off

• 12 Paid Holidays

• Company Paid Disability Insurance

• 401k (with employer match)

• Health Savings Accounts (HSA) with company provided contributions

• Flexible Spending Accounts (FSA)

• Supplemental Insurance

• Mental Health and Well-being: Employee Assistance Program (EAP)

• Tuition Reimbursement

• Wellness program

• Benefits are subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions

Velera is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, citizenship status, or membership in any other group protected by federal, state or local law.

Velera is an Equal Opportunity Employer that complies with the laws and regulations set forth in the following "EEO is the Law" Poster. Velera will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the legal duty to furnish information.

Velera is an E-Verify Employer. Review the E-Verify Poster here.  For information regarding your Right To Work, please click here.

This role is currently not eligible for sponsorship.

As an ongoing commitment to reasonably accommodate individuals with disabilities please contact a recruiter at [email protected] for assistance.