Varo Bank is hiring a
Sr. Governance Analyst

Summary

The job is for a Financial Crimes Governance Senior Analyst at Varo Bank. The role involves maintaining financial crime risk assessments, collaborating with cross-functional partners, tracking issues and managing remediations, assisting with periodic updates to Financial Crimes Programs and Policies, and more. Requires 5+ years of experience in Financial Crimes Risk Management, Fraud, Compliance, or Operational risk.

Requirements

• Experience working in the financial industry
• 5+ years of experience in Financial Crimes Risk Management, Fraud, Compliance, or Operational risk with increasing levels of responsibilities
• Background developing and maintaining enterprise-level risk assessments and executing control effectiveness analyses
• A strong understanding of second-line frameworks related to financial crime governance and a knack for analyzing data to inform risk mitigation steps
• A strong sense of accountability and the ability to work collaboratively across multiple departments
• Experience utilizing GRC tools for issue management (Archer experience a plus!)
• Ability to prioritize workflows, ensure deadlines are met, and facilitate open communication with your manager
• Excellent written and verbal communication skills, interpersonal and collaborative skills

Responsibilities

• Maintain financial crime risk assessments, including the Bank’s BSA/AML and Sanctions Risk Assessment, Fraud Risk Assessment, and Geographic and Product Risk Assessments
• Validate appropriate policy implementation by partnering with first-line teams to consult and review procedures periodically; provide approval for material updates to procedures as needed
• Make pragmatic risk mitigation recommendations informed by data derived from risk assessment results and communicate those recommendations in a clear and concise manner to all levels of management
• Assist with Risk and Control Self Assessments (RCSAs) related to BSA/AML and Fraud Governance processes and serve as the point of contact for second-line inquiries
• Collaborate with cross-functional partners across all levels of the company to resolve escalated issues
• Track issues and manage remediations cross-functionally using GRC tools; provide periodic status updates to management
• Assist with periodic updates to Financial Crimes Programs and Policies
• Assist with Compliance Testing, Audits, and Exams as needed
• Track Fraud and BSA/AML and Sanctions enterprise training completion rates and maintain course materials

Benefits

$60,000 - $90,000 a year