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Job Analysis:
The Risk Analyst II position at Credit One Bank plays a crucial role in enhancing the bank's enterprise risk management by overseeing the Issues Management Program. The primary focus of this role is the identification, tracking, and remediation of issues that might impact the bank’s operations and compliance. This means the individual will be responsible for managing a caseload of risks while collaborating across departments to ensure timely and effective issue resolution. The ability to perform Root Cause Analysis is vital as it directly informs the Corrective Action Plans that will be implemented. Exceptional problem-solving and analytical skills are needed to navigate large datasets, extract meaningful insights, and communicate those effectively to various stakeholders. Performance success in the first 6-12 months will likely be measured by the timely resolution of issues, the quality of analysis provided, and the employee's regulatory readiness in terms of audit preparedness. An innovative mindset will be valued, as this role necessitates proposing enhancements to current processes, training new hires, and engaging with different teams to instill a culture of proactive risk management. Overall, candidates who can navigate ambiguity, develop collaborative relationships, and demonstrate initiative in the face of challenges will thrive in this position.
Company Analysis:
Credit One Bank operates in the financial services sector, specifically within the credit card industry. The bank's commitment to providing beneficial financial products and resources indicates a customer-centric approach that balances profitability with value delivery. As a company that has been around for over 35 years, it occupies a stable position in the market, yet is poised for growth given its strategic partnerships and evolving offerings. The company culture seems to emphasize collaboration and ownership, reflecting a work environment where employees are expected to contribute actively to their teams while taking personal responsibility for their roles. The role of Risk Analyst II fits within the larger organizational culture of excellence and integrity, ensuring risks are managed effectively to protect both consumers and stakeholders. Visibility for this role will likely be significant due to its direct reporting line to the SVP of Enterprise Risk Strategy and interaction with high-level committees such as the Executive Committee and Audit Committee. This role is strategic for the company, as effective risk management is fundamentally tied to sustaining operational integrity and fostering customer trust, especially in a regulated industry like banking.