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CoBank · 1 day ago

Senior Process and Controls Analyst

US-MN-Minneapolis

Full-time

Hybrid

Mid, Senior Level

$90K/yr - $110K/yr

5+ years exp

CoBank is a cooperative bank serving vital industries across rural America. The Senior Process and Controls Analyst will partner with leadership to provide technical expertise and support the implementation of new products, systems, and processes to ensure effective controls and risk management within operations.

Banking

No H1B

Responsibilities

Supports leadership to execute and monitor division standards, processes and performance measures

Performs activities related to monitoring and tracking, makes recommendations for enhancements to policy, process, procedure or controls like internal division compliance testing from external examinations, and internal audits

Serves as an escalation point for operational risk management issues identified by internal stakeholders or external customers. Acts as liaison between lines of business, division leadership and enterprise stakeholders to monitor and drive issue resolution

Performs activities related to monitoring and oversight for the ICFR, SOC and Operational Controls environment

Partners with business lines to assess and monitor the business process and control environment ensuring process meet business objectives and controls effectively mitigate business risks

Collaborates with business line to promote and champion an environment of continuous improvement, increasing overall organizational effectiveness, efficiency and fosters a risk mindset

Partners with management to ensure effective organizational communication using change management frameworks to establish and maintain risk awareness

Performs quality control, process review and statistical monitoring of Operation Division’s quality and performance metrics through periodic testing and remediation processes

Supports the preparation and distribution of regular management reports. Supports the division’s analytics and reporting requirements, utilizing sampling, trend analysis, and data mining. Prepares management reports for Operations leadership, and other ad hoc reporting as requested

Contributes toward creating efficient solutions to challenges that impact the overall Operations Division, while maintaining a focus on productivity and risk management

Supports the ongoing maintenance and deployment of new technologies by collaborating with operational business units to understand technology needs, test the effectiveness of technology solutions and prepare the team for successful implementation leveraging change management best practices

Champions automation and digitization of business processes and controls to improve the customer and associate experience across each stage of the customer journey

Qualification

Audit practicesInternal controlsICFRSOC 1/SOC 2Risk assessmentCPA certificationCISA certificationCIA certificationProcess improvementData analysisChange managementCollaborationCommunicationProblem-solving

Required

Bachelor's Degree in accounting, finance or a related field required or an equivalent combination of education and experience

5 years of professional experience related to audit practices, preferably within the financial services industry; or proven experience identifying opportunities for improving processes; or proven experience developing processes which changed the way the business works and streamlined manual processes required

Prior Experience identifying and evaluating complex business and technology risks, developing internal controls that mitigate risk required

General knowledge of risk assessment principles required

Works autonomously, is inquisitive about the why's and how's of processes and controls

Able to build positive working relationships across the Bank