Enterprise Risk Analyst

  • New York, NY, USA
  • Full-time

Company Description

Israel Discount Bank of New York, also known by its registered service mark, “IDB Bank”, is a full service commercial bank chartered by the State of New York and a member of the Federal Deposit Insurance Corporation (FDIC). Our liquidity and capital ratios are strong, and we are ranked by Crain’s New York Business as the 24th largest commercial bank in the New York area.  The Bank provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetic status, citizenship status, marital status, military or veteran status, current unemployment or any other legally protected category in accordance with applicable federal, state and local law.

Job Description

The Risk Analyst within the Office of Enterprise Risk Management (ERM) supports aspects of the enterprise-wide risk management program specifically, strategic, reputation, and capital adequacy.  This role will require communicating with individuals throughout the institution regarding risk practices and emerging risks in various business units.  

Responsibilities for strategic risk management include:

  • Providing training to appropriate stakeholders throughout the organization ensuring understanding of the organization’s strategic risks and the related risk management processes.
  • Conducting strategic risk assessments considering internal and external risks and events used to provide understanding and prioritization of the organization’s strategic risks in concert with overall ERM efforts.
  • Periodically reviewing and updating, if needed, the assessment of the organization’s process for setting and updating its strategies and strategic objectives.  This includes ensuring the identification and assessment of the risks are embedded in the strategies and required reported is adhered to.
  • Reviewing, enhancing and expanding how the organization measures and monitors ERM performance, inclusive of key performance indicators (KPIs) and other required reporting.
  • Embedding risk monitoring and reporting into the organization’s core processes for budgeting, business performance monitoring, scorecards, and performance measurement systems.

Responsibilities for reputation risk management include:

  • Performing reputation risk assessments on different business units, as well as assisting business units in performing self-assessments and self-testing.
  • Working with business lines and support teams in developing action plans to re-mediate any heightened risk resulting from ERM risk assessments or other identified opportunities to improve internal controls; which may include assisting in developing policies and control processes for managing such risk exposures.
  • Performing comprehensive and quantitative analyses, reporting result justifications and developing ERM’s conclusions in a logical manner.
  • Ensuring that organization is adhering to industry best practices and new regulations.
  • Preparing presentations for Senior Management or Board of Directors’ Executive Risk Committee.
  • Reviewing, enhancing and expanding how the organization measures and monitors ERM performance, inclusive of key performance indicators (KPIs) and other required reporting.
  • Assessing services, sales practices, employee’s protection of customer data, or violations of consumer protection,

Responsibilities for capital:

  • Involved with supporting BASEL III reporting for Bank of Israel including exception and segmentation analysis
  • Contribute to capital stress testing conducted by the Treasury department
  • Conduct capital adequacy assessment
  • Calculate, assess, and report quarterly dividend payment for Senior Management and the Board.



  • You must be eligible to work in the United States without sponsorship by IDBNY
  • At least 5+ years of work experience in risk management, Internal Audit, External Audit, or risk management for a financial institution, consulting firm, or regulatory agency.
  •  Must have excellent written, verbal, organizational and presentation skills.
  • Collaborative team player and demonstrated ability to be flexile and easily shift among various tasks and projects.
  • Knowledge of strategic, reputation, and capital risks is a plus.
  • Advanced knowledge of MS Office Software Suite (Word, Excel, Access, PowerPoint).
  • An understanding of finance/ accounting/business operations, either through educational degree or work experience.
  • Highly organized with the ability to handle multiple priorities.
  • Ability to understand and provide sound risk/reward decisions using a balanced approach of data, logic and intuition in all activities.
  • Ability to think broadly, generate simple and creative ideas for possibly complex topics, and effectively translate strategy to execution.
  • Self- motivated and able to work effectively both independently and as a team.

Additional Information

All your information will be kept confidential according to EEO guidelines.