Operations Risk and Reporting Analyst II
- Employer
- Busey
- Location
- Champaign, IL
- Salary
- Open
- Posted
- Nov 17, 2024
- Closes
- Jan 11, 2025
- Ref
- JR100639
- Specialty
- Credit and Risk Management, IT
- Type
- Full Time
Position Summary
The Operations Risk and Reporting Analyst will support the operational efficiency and risk management initiatives across payments, deposits, and consumer loans. This role will be responsible for analyzing operational risks, documenting business reviews, building dashboards, and providing comprehensive reporting to enhance decision-making processes. The ideal candidate will work closely with cross-functional teams to ensure accuracy, consistency, and strategic insights in all reporting functions.
Duties & Responsibilities
Operational Risk Analysis
• Identify, assess, and monitor operational risks within payments, deposits, and consumer loans.
• Develop and implement risk mitigation strategies in collaboration with team leads and management.
• Conduct root cause analysis on operational risk incidents and recommend process improvements.
Business Review Documentation
• Compile and document detailed business review materials, ensuring accuracy and alignment with strategic objectives.
• Collaborate with departmental leaders to gather data, analyze trends, and provide insights for business reviews.
• Present business review findings in a clear, structured format for executive and stakeholder meetings.
Dashboard Development and Maintenance
• Build and maintain dashboards for key performance metrics across payments, deposits, and consumer loans.
• Use data visualization tools (e.g., Tableau, Power BI) to create intuitive, actionable insights.
• Continuously update and enhance dashboards based on evolving business needs and user feedback.
Reporting and Data Analysis
• Generate regular and ad hoc reports to support operational decision-making.
• Conduct trend analysis, forecasting, and performance tracking to identify areas for improvement.
• Ensure data integrity by validating data sources and checking consistency across reports.
Cross-Functional Collaboration
• Work with operations, finance, compliance, and risk teams to ensure cohesive reporting and data-sharing practices.
• Act as a liaison between departments to facilitate understanding of reports and dashboards.
• Provide training or guidance to stakeholders on using reports and interpreting data.
Continuous Improvement
• Identify opportunities to automate reporting processes and improve data quality.
• Stay updated on best practices and industry trends in data analysis, reporting, and operational risk management.
Education & Experience
Education and Training:
• Bachelor’s Degree in Business Administration, Finance, Data Analytics, Information Systems, or a related field. A Master’s degree is a plus.
• 2-5 years of experience in operational risk, business analysis, data analytics, or reporting, preferably within the banking or financial services industry.
• Proven experience in dashboard creation (e.g., Tableau, Power BI, Excel) and data analysis.
• Familiarity with risk management frameworks and tools used in banking and financial operations.
• Experience with Cognos is highly desirable.
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.
The Operations Risk and Reporting Analyst will support the operational efficiency and risk management initiatives across payments, deposits, and consumer loans. This role will be responsible for analyzing operational risks, documenting business reviews, building dashboards, and providing comprehensive reporting to enhance decision-making processes. The ideal candidate will work closely with cross-functional teams to ensure accuracy, consistency, and strategic insights in all reporting functions.
Duties & Responsibilities
Operational Risk Analysis
• Identify, assess, and monitor operational risks within payments, deposits, and consumer loans.
• Develop and implement risk mitigation strategies in collaboration with team leads and management.
• Conduct root cause analysis on operational risk incidents and recommend process improvements.
Business Review Documentation
• Compile and document detailed business review materials, ensuring accuracy and alignment with strategic objectives.
• Collaborate with departmental leaders to gather data, analyze trends, and provide insights for business reviews.
• Present business review findings in a clear, structured format for executive and stakeholder meetings.
Dashboard Development and Maintenance
• Build and maintain dashboards for key performance metrics across payments, deposits, and consumer loans.
• Use data visualization tools (e.g., Tableau, Power BI) to create intuitive, actionable insights.
• Continuously update and enhance dashboards based on evolving business needs and user feedback.
Reporting and Data Analysis
• Generate regular and ad hoc reports to support operational decision-making.
• Conduct trend analysis, forecasting, and performance tracking to identify areas for improvement.
• Ensure data integrity by validating data sources and checking consistency across reports.
Cross-Functional Collaboration
• Work with operations, finance, compliance, and risk teams to ensure cohesive reporting and data-sharing practices.
• Act as a liaison between departments to facilitate understanding of reports and dashboards.
• Provide training or guidance to stakeholders on using reports and interpreting data.
Continuous Improvement
• Identify opportunities to automate reporting processes and improve data quality.
• Stay updated on best practices and industry trends in data analysis, reporting, and operational risk management.
Education & Experience
Education and Training:
• Bachelor’s Degree in Business Administration, Finance, Data Analytics, Information Systems, or a related field. A Master’s degree is a plus.
• 2-5 years of experience in operational risk, business analysis, data analytics, or reporting, preferably within the banking or financial services industry.
• Proven experience in dashboard creation (e.g., Tableau, Power BI, Excel) and data analysis.
• Familiarity with risk management frameworks and tools used in banking and financial operations.
• Experience with Cognos is highly desirable.
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.