Business Controls Risk Analyst

Woburn, MA
Full Time
Experienced
The Business Controls Risk Analyst is responsible for keeping current and accurate records and managing the Bank’s physical record retention, third party risk, and business continuity risk management programs in the first line of defense. The Risk Analyst is responsible for delivering efficient, effective program operations in accordance with Bank policy and program requirements.

ESSENTIAL FUNCTIONS
Maintains the consolidated program records and facilitates periodic reviews, updates, and reporting. Coordinates activities with business partners ensuring key program dates are met. Directly implements program requirements into processes and technology.
  • Establish and maintain program records for the Bank’s Vendor Management and Business Continuity Management Programs
  • Oversee vendor onboarding and periodic review processes, coordinate collection and review of due diligence documentation in alignment with program requirements
  • Maintains vendor watchlist to report instances of ineffective or inadequate controls for risk management and the actions planned to address inadequate controls to program manager and oversight committees
  • Record and maintain the inventory of physical records sent for offsite retention and coordinate periodic reviews and destruction processes
  • Maintain the Bank’s Business Continuity Management Program documentation. Assist stakeholders with completion of periodic program requirements
  • Manage Business Continuity Working Group agendas, materials, meeting notes and action item tracking
  • Maintain the Business Continuity Testing Program documentation including test plans and results
  • Develop, prepare, and deliver accurate and robust periodic reporting
  • Serve as principal point of contact for audit and examination related requests
JOB QUALIFICATIONS
  • 5 years of banking experience, with a minimum 1-3 years of direct experience with vendor, business continuity, or information security programs preferably in a financial services company.
  • Demonstrated ability to independently manage complex program components and multiple priorities and effectively direct the activities of others to effect program operations.
  • Able to collaborate and communicate effectively both verbally and in written formats across all levels of the organization; able to select the appropriate method for outcomes and audiences.
  • Highly organized self-starter.

About Northern Bank & Trust Company

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit www.NBTC.com or follow Northern Bank on Facebook (/NorthernBankM A/), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company/northern-bank-ma/).

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