Job Description
Join to apply for the Operations Process Analyst role at Farmers & Merchants Bank of Long Beach
1 month ago Be among the first 25 applicants
Join to apply for the Operations Process Analyst role at Farmers & Merchants Bank of Long Beach
Get AI-powered advice on this job and more exclusive features.
Farmers & Merchants Bank of Long Beach provided pay range
This range is provided by Farmers & Merchants Bank of Long Beach. Your actual pay will be based on your skills and experience talk with your recruiter to learn more.
Base pay range
$24.00/hr - $38.00/hr
Job Summary
The Operations Process Analyst is responsible for data analysis for operational processes with Operations Administration, Central Banking, and Treasury Management team and will assist in banks Policies, Procedures and Forms management. This position involves the development and implementation of the 1LOD testing and reporting functions. The Operations Process Analyst is responsible for monitoring and tracking 1LOD functions in the operational areas managed by the Banks Chief Operating Officer (COO). This position is responsible for understanding controls required for compliance with applicable regulations, identification of relevant issues, controls and monitoring, industry practices and processes.
Essential Duties - Works directly with the service, product, and support department managers in the operational areas under the management of the COO.
- Create and maintain operational metrics and conduct ad hoc studies.
- Perform data analysis that identifies gaps that presents opportunities for process improvement.
- Analyze, evaluate, and periodically review relevant compliance and risk management practices across the operational organization.
- Involve with the design, development, and execution of the 1LOD independent framework, which includes the development and ongoing enhancement of the controls testing and monitoring policy, standards, and procedures to define the program as well as the execution of testing to ensure controls are designed and are operating effectively. Align these materials to the ERM Internal Control Testing Policy and Framework and other Operational Risk Management standards such as RCSAs.
- Assist in the development implementation for the essential 1LOD risk program functions, including, but not limited to, risk assessments, key risk indicator reviews and operational losses. Participates in issues management identification and resolution for operational areas.
- Maintain a strong understanding of the Banks risk management policies, control testing methodologies, and regulatory and compliance standards, including enterprise risk management, data governance, third party risk management, business continuity and associated regulations, guidance, and regulatory expectations.
- Plan and develop testing modules, scripts, sound sampling methodologies and requirements and other guides including a testing approach for evaluating the effectiveness of the Banks first line Key Controls to mitigate key risk exposures related to regulatory requirements and risk policies and standards.
- Ensures detailed and strategic thinking in analyzing, aggregating, and articulating the results/issues of control testing activities and the opportunities for improvement of Key Controls to senior management.
- Actively contributes to the development, implementation and continuous improvement of tools, templates and best practices that support the control testing and reporting activities.
- Support operational audits and exams as it pertains to control testing approaches, methodologies, results, and documentation.
- Understanding the importance of compliance with all federal and state regulations.
- Other duties as assigned.
Complies with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security and privacy requirements. This position will elevate suspicious activity to supervisory staff and/or BSA department. Completes compliance and other technical training workshops as assigned.
Non-Essential Duties Required Knowledge, Skills, And Abilities - Strong interpersonal and influencing skills and ability to interact with colleagues at all levels of skills.
- Strong critical thinking skills such as defining and deconstructing problems.
- Strong understanding of control frameworks, testing methodologies and risk assessments.
- Proven ability to build and implement control testing programs to evaluate the design and adequacy and effectiveness of key controls.
- Ability to structure and develop quantitative and qualitative conceptual analysis.
- Ability to build relationships, communicate effectively, work under pressure, manage multiple priorities and deliver high caliber results.
- Ability and desire to foster and interact in a team environment, and willingness to contribute to team efforts.
- Highly proficient using technology including, including, limited to, SQL Power BI, Visio, MS Office (Excel, PowerPoint, Word, and Outlook) internet applications, and SharePoint.
- Excellent communication skills (listens, speaks, and writes well); able to interact effectively and respectfully with people of various responsibilities and authorities (employees, key contacts, executives, etc.), including supervisors and co-workers.
- Dedicated to following and maintaining deadlines.
- Critical-thinking, judgment, and problem-solving skills.
Officer Title Eligibility For qualified positions, the Bank may designate an Officer Title to an employee who seeks and/or meets defined competencies for an eligible position. This position qualifies for the officer title(s) Assistant Vice President, Vice President.
Equipment Operated - Computers
- 10 Key Machines
- Standard Office Equipment (copiers, fax machines)
Physical Requirements & Work Environment - Requires sitting for prolonged periods of time.
- Requires lifting of 5lb.
- Office setting w/controlled temperature
Education And Experience - Bachelors degree in risk , finance, accounting, or related discipline
- Preferred experience in controls testing, internal audit, quality control roles or other similar capacities, within the financial services industry, a public accounting firm, or with a financial institution regulator.
- Experience or strong understanding of the operational environment and products of a financial institution
As a part of the Banks internal control systems, employees holding sensitive positions are required to be absent from their duties for a minimum of two consecutive weeks each year. This position has been deemed to meet the test for a sensitive position, and therefore you will be required to meet the minimum absence requirement every year.
This job description is not intended to be all-inclusive, and employees will be required to perform additional related work duties as assigned by their immediate supervisor and/or management.
Farmers and Merchants Bank of Long Beach reserves the right to revise or change job duties and responsibilities as the need arises. This job description does not constitute a written or implied contract of employment.
May 13, 2025 Seniority level
Seniority level
Entry level
Employment type
Employment type
Full-time
Job function
Job function
Management and Manufacturing -
Industries
Banking
Referrals increase your chances of interviewing at Farmers & Merchants Bank of Long Beach by 2x
Get notified about new Process Analyst jobs in Seal Beach, CA .
Los Angeles, CA $50,000.00-$240,000.00 2 weeks ago
Data Analyst, Production Finance Operations & Innovation
Strategic Operations & Process Improvement Manager
Hawthorne, CA $66,900.00-$143,100.00 2 weeks ago
Los Angeles, CA $136,800.00-$312,867.00 2 weeks ago
Analyst, Business Development (February 2025)
Orange County, CA $59,625.00-$99,375.00 8 months ago
Business Analyst (Part-time) - Irvine, CA
Staff Analyst (SA) Business Analyst, C102
Los Angeles, CA $6,806.73-$9,820.80 3 weeks ago
Hawthorne, CA $80,000.00-$100,000.00 1 day ago
Business Operations Analyst, Product Development Operations Business Process Improvement
Analyst, Business Development (Fall 2025)
Los Angeles, CA $30.00-$38.00 13 hours ago
West Rancho Dominguez, CA $85,000.00-$100,000.00 2 weeks ago
Analyst, New Business Strategy & Development
Business Data Analyst - MSO Clinical Ops - Full Time 8 Hour Days (Exempt) (Non-Union)
Analyst, Business Data - IS Clinical Research - Full Time 8 Hour Days (Exempt) (Non-Union)
Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Job Tags
Full time, Contract work, Part time, Immediate start,