SENIOR RISK ANALYST - RISK ASSESSMENT DEPARTMENT - FIRSTBANK PR Job at First Ban

Senior Risk Analyst - Risk Assessment Dept

Our Company

At FirstBank PR, we strive to be a trusted advisor to our clients, and our employees ensure we deliver on our promise of excellence in personalized customer service. Our more than 3,100 employees across Puerto Rico, the Virgin Islands, and Florida share a passion for excellent customer service. We are proud of our team because they are continuously surpassing our clients’ expectations.

Do you have a passion for helping customers, building relationships, and delivering extraordinary, personalized customer service? If yes, FirstBank is the place for you.

A Brief Overview

The Senior Risk Analyst is responsible for assisting the GRC Manager in identifying and implementing strategic enhancements for the ERM program. Supports day-to-day management of regulatory examinations and governance of Executive Risk Management Committee matters.

Accountable for adhering to the Bank’s BSA, AML, and OFAC policies. Employee must follow specific procedures developed in compliance with these policies. Responsible for reporting suspicious activities or transactions and complying with mandatory BSA, AML, and OFAC training.

What You’ll Need to Succeed

Governance, Assurance, and Regulatory Affairs

• Support regulatory examinations, communications, and requests from agencies (e.g., FDIC, FED, OCIF).
• Provide second-line oversight for Risk Management practices.
• Execute & monitor the corporate policy and product program cycle, including new products and services.
• Manage Policy and Regulatory Exam modules of the GRC tool and provide GRC training.
• Lead special projects as assigned.
• Research industry developments and the regulatory environment.
• Assist with ERMC agenda, Regulatory Affairs updates, and Quarterly Risk Reports.
• Support the Corporate Material Risk Assessment Program.
• Conduct risk analyses, develop mitigation strategies, and prepare reports.
• Review third-party contracts, business proposals, and cases; coordinate risk analysis when needed.
• Support governance of the corporate incentive plan.
• Administer and maintain the GRC software platform.
• Produce the ERM Risk Newsletter.
• Evaluate and monitor Regulatory observations.

Interaction

• Multi-Cultural Requirements (regions): Work and integrate across regions/countries, reflecting the role's responsibilities rather than location. Multiple geographic boundaries apply.

What You’ll Need:

• Bachelor’s degree in Business Administration, Accounting, or Finance required; Master’s preferred.
• Certified Public Accountant, Credit Risk Management Certification, or Certified Information Systems Auditor preferred.
• 6–7 years of experience in Accounting, Audit, Finance, Banking, Internal Controls, Model Risk, Banking Products, Risk Management, and Financial Reporting.

Competencies

• Strong presentation skills in English and Spanish for regulatory and management audiences.
• Strong knowledge of banking and risk management.
• Analytical, decision-making, and problem-solving skills.
• Proficiency in Microsoft Office.
• Service orientation for internal and external customers.
• Ability to build internal and professional contacts.
• Effective communication skills and understanding of organizational policies and trends.
• Problem identification and collaborative analysis.
• Initiative and accountability.
• Alignment with organizational vision and values.
• Leadership and team support skills.
• Curiosity and continuous learning.
• Openness to change and innovation.

EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER

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