Risk Analyst

Basic Function

Serving as a risk management professional for our corporate and our public cloud environments that host our financial services platforms, at Lumin Digital, a Risk Analyst is responsible for:

Identifying, assessing, and monitoring risks to Lumin Digital, as a company using established quantitative and qualitative risk assessment methodologies.

Monitoring administrative, physical, and technical controls designed to mitigate risks and reporting on their operating effectiveness to management.

Primarily operate vendor management program, including working with vendor owners on due diligence and performing ongoing risk assessments and monitoring.

Assist independent auditors, examiners, and clients in producing due diligence materials, assessing risks, and preparing responses to questionnaires and request-for-proposals.

Essential Functions

Maintain knowledge of applicable risk assessment and management practices to a financial technology services provider, including those referenced in FFIEC IT Booklets and NIST 800-30.

Maintain knowledge of industry standards applicable to digital banking, including the AICPA’s applicable Trust Services Criteria and the PCI Data Security Standard.

Develop and use formalized risk assessment procedures to document and determine the likelihood and impact of risks in various categories in a clear and consistent manner.

Regularly review Lumin Digital company policies and procedures, at least annually, and collaborate with the Program Manager, Risk Management and other leaders to recommend updates to ensure risks are treated in accordance with the company’s risk appetite.

Use advanced software programs to catalog and map requirements, risks, and controls for enterprise as well as external vendor risks.

Support audit preparation activities, including evidence gathering and control reviews through cross functional collaboration with other teams.

Physical Demands

While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear

Specific vision abilities required by this job include close vision

Ability to occasionally lift/move up to 25 pounds

Ability to travel as needed (expected less than 10% of time)

Individuals with a disability who are otherwise able to perform the essential functions of the job may request reasonable accommodation through our human resources group.

Position Specifications

Education:  

Bachelor’s Degree in Accounting, Business Administration, IT or related field preferred or four (4) years of equivalent years of experience required.

Experience:

Minimum two (2) years of experience in a risk management-related role required.

Experience in managing risks in either a financial services or technology firm, including digital banking, payments, or lending, is strongly desired.

Experience in Business Continuity Management including designing and performing business impact analysis and identifying critical business functions, assessing the potential impact of disruptions, and helping determine the necessary steps to maintain business continuity and minimize risks, is strongly desired.

Experience working with advanced Excel and/or Google Sheets features, including statistical functions, formula-based conditional formatting, and lookup tables.

Knowledge, Skills, and Abilities:

In-depth technical knowledge of risk management tools, techniques, and procedures to identify and analyze threats, weaknesses, and resulting risks.

Familiarity with regulations governing Bank Secrecy Act & Anti-Money Laundering (BSA/AML), FFIEC advisory guidelines regarding Know Your Customer (KYC) and the IT Examination Handbook, and other areas to include consumer banking, ACH, card and wire transfer payments, and third-party risk management

Familiarity with information security and cybersecurity threats that can impact the confidentiality, integrity, and availability of sensitive information

Familiarity with current issues in consumer privacy can result in strategic, reputational, and legal risk to U.S. B2B businesses processing personal information

Ability to work independently to meet deadlines related to internal projects and external audit calendars

Calm and serious attitude, technical aptitude, appropriate sense of urgency, and communication skills to effectively coordinate with internal team members to accurately assess and manage risks

Must be able to pass required background checks to be accepted as a Lumin Digital employee with access to sensitive information

Must have strong client orientation and demonstrate a professional demeanor that earns the trust and respect of individuals inside and outside Lumin Digital

Ability to prioritize tasks, exercise sound judgment and confidentiality with sensitive information

Excellent written and spoken English communication and interpersonal skills

Ability to work remotely while maintaining a high level of productivity and effectiveness with minimal supervision

Curiosity and a strong drive to fully understand and keep apprised of regulatory issues and tren