Enterprise Risk Reporting Analyst

Brief Description

POSITION: Enterprise Risk Reporting Analyst

Position Summary

At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations and having a strong commitment to diversity and inclusion. The Enterprise Risk Reporting Analyst operates within Enterprise Risk Management (ERM) and is responsible for providing analytical and program management support for risk reporting, including key financial and non-financial risks. This work ensures sustainable risk management practices for managing risks in line with the Enterprise Risk Management Framework and within the Bank’s Risk Appetite.

The Enterprise Risk Reporting Analyst will drive high-impact risk analyses to enhance our reporting strategies, increase visibility and scalability, and improve risk-related workflows. The Enterprise Risk Reporting Analyst will use data to increase operational efficiency, build scalable infrastructure, and create insightful reports, which will directly influence operational and strategic decisions and help detect, manage, and reduce risk more effectively across the organization. This role will help execute risk reporting, provide oversight and analysis of trends and levels of risk exposure. The Analyst is an important role in the continued development and maturity of ERM, ensuring risk management activities are aligned with best practices and regulatory guidance.

This role will collaborate with Finance, Credit, Compliance/BSA, Data, Operations, Information Security, Technology, as well as key Business leaders to ensure that risk metrics are appropriately measured, analyzed, and reported.

Key Result Areas

• Work with Enterprise Risk leaders to ensure the proper identification, measurement, monitoring and reporting of risk.
• Support the execution of risk reporting across the risk taxonomy, and help mature the program.
• Maintain and analyze existing risk metrics, inclusive of thresholds, and drive development of new risk metrics.
• Help shape the data infrastructure and key risk indicator development that will be used to monitor, analyze, and improve risk management.
• Translate complex data into clear, actionable risk insights and recommendations that align stakeholders and enable data driven decisions.
• Assist in developing and integrating the ERM Framework throughout the Bank’s business lines and support functions.
• Help build the risk infrastructure to ensure that risk management practices are keeping pace as the organization grows and evolves.
• Support high-impact risk reporting workstreams focused on evaluating workflows, analyzing processing and risk trends.
• Build and maintain risk reports and dashboards that highlight key risk metrics, inform strategic decision-making, and support continuous process improvements.
• Prepare periodic reports for the Risk Committee of the Board and other risk management committees.
• Perform additional duties as required.

Qualifications

• Bachelor’s degree, preferred
• 3-5 years performing risk oversight activities at a financial institution, or similar experience
• Knowledge of banking and/or financial institutions and the associated risk management, liquidity, market and interest rate, and/or credit risk practices.
• Business analytics experience, preferably with exposure to the Tableau, and GRC solution exposure, is a plus
• Successful track record in managing and executing risk reporting initiatives
• Excellent communication skills, including an ability to influence stakeholders across the organization, to speak effectively in small and large-group settings.
• Strong attention to detail in a fast-paced work environment

The above description covers the most significant major responsibilities but does not exclude other occasional responsibilities and accountabilities, the inclusion of which would be in conformity with the major purpose of this job.

Location: Hybrid/Waltham, MA

Salary Range: $84,000 – $105,000

The reasonably estimated salary for this role at Cambridge Savings Bank ranges from $84,000 – $105,000. Cambridge Saving Bank will determine actual compensation for the role based on factors including, but not limited to, the successful candidate’s skills, qualifications, and experience. In addition, Cambridge Savings Bank offers a wide range of comprehensive and inclusive employee benefits for full-time roles including healthcare, parental planning, mental health benefits, performance bonus opportunities, a 401(k) plan and match, flexible time off, and others.

Visa Sponsorship: Cambridge Savings Bank is unable to sponsor or take over sponsorship of an employment visa for this role at this time.

About Cambridge Savings Bank

Cambridge Savings Bank is a full-service banking institution with over $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One