Enterprise Risk Management Analyst

Come work with us:

Metropolitan Commercial Bank (the “Bank”) is a full-service commercial bank based in New York City. The Bank provides a broad range of business, commercial, and personal banking products and services to individuals, small businesses, private and public middle-market and corporate enterprises and institutions, municipalities, and local government entities.

Metropolitan Commercial Bank was named one of Newsweek’s Best Regional Banks and Credit Unions 2024. The Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than $1 billion in assets. Kroll affirmed a BBB+ (investment grade) deposit rating on January 25, 2024. For the fourth time, MCB has earned a place in the Piper Sandler Bank Sm-All Stars Class of 2024.

Metropolitan Commercial Bank operates banking centers and private client offices in Manhattan, Boro Park, Brooklyn and Great Neck on Long Island in New York State.

The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender. The parent company of Metropolitan Commercial Bank is Metropolitan Bank Holding Corp. (NYSE: MCB).

Position Summary:

Metropolitan Commercial Bank’s (MCB) Enterprise Risk Management (ERM) department, reporting directly to the Chief Risk Officer, is responsible for oversight and development of a comprehensive framework for identifying, assessing, monitoring, and controlling risks across all business lines and enterprise-wide risks for the bank.  ERM consolidates risk information from across the organization and produces enterprise-level risk reports that are reviewed by senior management, the Enterprise Risk Management Committee, and the Board Risk Committee.  ERM is responsible for ensuring overall adherence to the bank’s approved risk appetite statement and to ensure that effective risk governance, risk mitigation, and risk responses are executed in alignment with the bank’s strategic objectives and regulatory expectations. 

The Enterprise Risk Analyst will support the development, implementation, and maintenance of a comprehensive enterprise risk management framework that includes detailed risk reporting, risk and control self-assessments, key risk indicator development and monitoring, various risk assessments, policy governance, other activities and projects designed to strengthen the banks overall risk management and compliance frameworks.

This position will be an important ERM team player that reports directly to the Director of Enterprise Risk Management and will be based in New York City.

We have a flexible work schedule where employees can work from home one day a week.

Essential duties and responsibilities:

• Supports governance processes related to MCB’s enterprise risk management framework (e.g., RCSA execution, Issue Management, Key Risk Indicators, Policy Management, New Products, Risk Acceptance).
• Manages and maintains MCB’s Board-approved risk appetite statement, risk management framework, and related policies and procedures.
• Assists in the creation of Board and Management Committee risk reporting materials, leveraging various software tools and programs such as MS Office, Power BI or other visual interface-based tools and products.
• Facilitate operational risk event processes that include root cause analysis, data collection, and detailed reviews to ensure appropriate remediation plans are implemented, and to identify trends or significant or emerging risks.
• Facilitate challenge of business RCSA ratings to ensure appropriate measurement approach and rationale has been employed.
• Develop analytical reports and presentations for senior management, executive committees, and regulatory exams.
• Review and evaluate new business initiatives to identify changes to the overall risk profile of the bank.

Required knowledge, skills and experience:

• Bachelor’s degree, risk management related certifications is a plus.
• 3+ years of experience within Risk Management (i.e., Compliance, Operational, Credit) within the financial services industry.
• Knowledge of bank products, regulatory guidelines, BSA/AML/OFAC, UDAAP and Regulation E and other applicable regulations is a plus for growth in this position.
• Proficiency in Excel, Power BI, Tableau, SQL, and/or other programming languages a plus
• Experience designing and implementing reports for executive and Board leadership.

Preferred knowledge, skills and experience:

• Possess a strong risk and control mindset.
• Excellent attention to detail, analytical and organizational skills required.
• Strong interpersonal skills and solid written and verbal communications skills.
• A self-starter with ability to prioritize workflow to ensure deadlines are met.

Potential Salary: $95,000- $115,000 annually

This salary range reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.

Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.