Seattle Bank is a locally owned, digitally driven financial institution that provides personal, business, and partner banking services. The Fintech Risk Analyst plays a crucial role in identifying, assessing, and mitigating risks within the Partner Banking division, ensuring compliance with regulatory standards and safeguarding financial transactions.
Responsibilities
- Prepare detailed risk assessments that identify risks related to capital, assets, management, earnings, liquidity, sensitivity, compliance, information technology data security, change controls and idiosyncratic risk
- Perform testing of new products and services, or modifications to existing ones, and identify any risks, issues or new requirements that may apply
- Ensure compliance with regulatory requirements and industry standards
- Perform ongoing monitoring of FinTech Partners and provide insights and recommendations for risk mitigation in complete and concise written reports
- Use tools to research state and federal laws
- Update test programs based on emerging risks or new laws
- Communicate with internal stakeholders
- Physically attending work on a set and predictable schedule is an essential function of this job
Skills
- Bachelor's degree in finance, business or related field, or professional certification and/or equivalent experience
- Minimum 1-3 years of experience in Financial Technology, Regulatory Compliance and/or Risk Management in the financial industry
- Excellent organizational, prioritization, and time management skills
- Strong verbal, written and interpersonal communication skills
- Cooperative and professional attitude
- Ability to consider complex scenarios involving multiple facets and variables in non-standardized situations
- Strong critical and creative thinking and analytical skills
- Demonstrated ability to learn quickly and use technology effectively
- Knowledge of federal banking compliance regulations is preferred
Benefits
- Medical/Vision, and Dental insurance
- Life Insurance
- Long Term Disability
- Voluntary Life
- 401K with Bank contribution
- Stock Award
- Incentive Opportunity
- Paid Time Off: Vacation – 3 Weeks
- Sick Time – 1 hour per 40 hours worked
- Holidays – 10 days
- Transportation and fitness benefits
- And fun, extra perks such as company social events, paid volunteer hours, quarterly incentive awards, and professional development opportunities.
Company Overview
Seattle Bank is a bank that provides community banking services. It was founded in 1944, and is headquartered in Seattle, Washington, USA, with a workforce of 51-200 employees. Its website is http://seattlebank.com.