Principal Risk Analyst

OverviewResponsible for supporting the operation of the risk function by evaluating and analyzing risks of varying complexity and for identifying and implementing approaches and solutions to mitigate those risks. May have a focus on one or more particular types of risk such as financial, or operational, risk and may provide advice to management based on this knowledge base. Typically requires an individual a professional qualification in one or more areas of risk management or its equivalent. Work independently to interpret and develop solutions to complex business challenges that have a significant impact on the function or branch. Specialized skill set and proficiency with procedures and techniques. Recognized as an expert in own area within the company.This position is eligible for the TalentQuest employee referral program. If an employee referred you for this job, please apply using the system-generated link that was sent to you. Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.ResponsibilitiesPlan the research for and development of specialized risk assessment scopesCollaborate with management and personnel to optimize risk assessment scope developmentIdentify potential business risks, operational and regulatory process deficiencies and improvement opportunities Gather and synthesize data; present conclusions and offer risk mitigation, remediation and process improvement solutions to managementLead/conduct and assists provide expertise in with the administration of specialized risk assessment and testing lifecycles of business activities, processes, policies and procedures for operational effectiveness and compliance with regulatory requirements, federal and state laws, and Navy Federal's quality control standards, policies and proceduresDevelop, lead and oversee efforts to improve the efficiency and effectiveness of operations and risk mitigation processes - Considerable impactPrepare and present to management and/or affected business unit summaries, operational and regulatory risk assessment reports, trending, and remedial or mitigation solutionsAssist with the development and enhancement of practices, procedures, and instructionsDevelop and maintain strong working relationships with team members, subject matter experts, and leaders; work with senior management on complex issuesLead moderate to large projects and initiativesMentor lower level staffQualificationsSubject matter expert within business area/specialization with understanding of interrelationships of different disciplinesSignificant knowledge and understanding of risk-based auditing techniques and methodologiesSignificant knowledge of applicable federal and state regulations, company policies, and industry best practicesSignificant experience managing multi-faceted projects simultaneously that have cross-departmental impactSignificant knowledge of operational and regulatory risk control concepts and practicesProven ability to plan, organize and effectively execute risk mitigation and process improvement initiativesAdvanced organizational, planning and time management skillsAdvanced research and analytical skillsBachelor's Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experienceDesired QualificationsMaster's Degree in related field or equivalent combination of training, education and experienceHands on experience managing issues and events end to end in a GRC tool (e.g., ServiceNow)Ability to independently lead complex risk assessment workstreams and challenge weak or non defensible controlsExperience partnering directly with senior business leaders in a regulated financial services environmentAdditional InformationHours: Monday - Friday, 8:00AM - 4:30PMLocation: 820 Follin Lane, Vienna, VA 221805510 Heritage Oaks Drive, Pensacola, FL 32526About UsNavy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks. Our approach to careers is simple yet powerful: Make our mission your passion.FORTUNE 100 Best Companies to Work For 2026Yello and WayUp Top 100 Internship Programs 2025Computerworld Best Places to Work in IT 2026Most Loved Workplace - America's Top Most Loved Workplaces 20252025 PEOPLE Companies That CareNewsweek Most Trustworthy Companies in America 2026Military Times 2025 Best for Vets EmployersForbes 2026 America's Best Large EmployersForbes 2025 America's Best Employers for New GradsForbes 2025 America's Best Employers for Tech Workers2025 RippleMatch Campus Forward Award Winner for Overall Top Military Spouse Employers 20252026 Handshake Early Talent AwardNewsweek America's Greatest Workplaces for Culture, Belonging and Community 2026From Fortune Magazine. 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at or by calling 1-. This team cannot provide any information on job postings or application status.Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

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