The Senior Analyst will play a vital role in supporting the execution and advancement of Webster Bank’s Risk Governance Framework (RGF) and Strategic Risk Management Program. Reporting directly to the Managing Director in charge of Enterprise Risk Governance and Strategic Risk, this individual will assist in monitoring the effectiveness of the RGF, support regulatory compliance efforts, and contribute to strategic and reputational risk assessments, and enterprise reporting. The role requires strong analytical, communication, and cross-functional collaboration skills. Key Responsibilities include: Support the ongoing maintenance and enhancement of the Risk Governance Framework, including tracking regulatory developments, monitoring internal adherence, and supporting enhancements aligned with enterprise standards. Assist in the preparation of monitoring reports and presentations for the Enterprise Risk Management Committee (ERMC) and the Risk Committee of the Board. Track adoption and effectiveness metrics for the RGF across FLUs and support issue tracking and remediation planning. Lead the key components of the implementation, and maintenance of the Strategic Risk Management Program. Assist in the annual Strategic Planning Risk Assessment process by gathering input, organizing documentation, and preparing executive summaries and reports. Support and help lead the effective challenge process to front-line units in their identification, assessment, and control of strategic and reputational risks. Coordinate and execute periodic reviews and effectiveness assessments of risk governance components. Compile and synthesize complex data sets from issue management and various units into actionable insights and dashboards. Track key performance and risk indicators (KPIs/KRIs), and control testing results to identify emerging issues. Work closely with business units, risk and compliance functions, and internal audit teams to gather inputs, escalate issues, and support remediation activities. Assist in communication of risk governance requirements and updates across the enterprise. Help prepare clear and concise reports, risk memos, and documentation for senior leadership and regulatory stakeholders. Education, Skills & Experience: Bachelor’s degree required, degree in Finance, Risk Management, Business, or a related field preferred. Professional certification is a plus. 4-7 years of relevant experience in risk management, compliance, audit, project management, data analytics or a related field within financial services. Strong analytical and problem-solving skills; ability to handle multiple assignments with attention to detail. Excellent verbal and written communication skills; ability to synthesize and present complex information clearly. Experience collaborating across functions and with various levels of the organization. Familiarity with enterprise risk management frameworks (e.g., COSO), OCC Heightened Standards, and other regulatory expectations is a plus. Proficiency with Microsoft Office (Word, Excel, PowerPoint); experience with GRC platforms or data visualization tools (e.g., Tableau, Power BI) is a plus. Preferred Attributes: Proactive, organized, and detail-oriented approach with a strong work ethic. Eagerness to learn, support, and take ownership of complex initiatives in a highly regulated environment. Ability to think strategically and challenge constructively while supporting continuous improvement.
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