Financial Risk Analyst

Silvergate Capital Corporation (NYSE: SI) is the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry. The Company’s real-time payments platform, known as the Silvergate Exchange Network, is at the heart of its customer-centric suite of payments, lending, and funding solutions serving an expanding class of digital currency companies and investors around the world. Silvergate is enabling the rapid growth of digital currency markets and reshaping global commerce for a digital currency future. Challenging convention by empowering people allows us to exceed expectations for our clients while cultivating an awesome culture.

Financial Risk is an independent division that assesses risk management processes and supports key stakeholders to identify, measure, and manage financial risks. The measurement and monitoring of market, liquidity, and credit risks are key areas of focus. The team is also responsible for anticipating how these risks may mitigate or compound one another and the potential impact on the bank’s capital and funding positions. Financial Risk has a broad knowledge of market and bank risks and can adapt quickly to identify and measure new and emerging risks.

COMPENSATION

The pay range for this position is $85,050 – $103,950 annually. This position is eligible for Silvergate’s comprehensive Health and Welfare plans including but not limited to medical, dental, vision, 401(k) retirement plan, and paid time off. The total compensation for this position may include an annual performance bonus (or other incentive compensation, as applicable). Silvergate’s compensation packages carefully consider a candidate’s qualifications, experience, and education in relation to the position. Please see the Employee Benefits section for additional benefit offerings.

ESSENTIAL DUTIES AND RESPONSIBILTIES

• Use data management, analytics, and modeling capabilities to measure and monitor financial risks and identify thematic and emerging risks for the bank
• Partner with business leads to carry out corrective actions for potential breaches
• Analyze business against the established enterprise risk management, risk appetite, and risk taxonomy framework
• Develop and support monthly executive risk management reports that summarize key performance metrics
• Maintain current knowledge of all federal and state laws and regulations, along with the Company’s policies and procedures
• Not to harm consumers with any act that could be misleading, unfair, deceptive, or abusive in act or practice
• Must adhere to the company’s core values of Challenge Convention, Do What’s Right, Take Ownership, Empower People, Exceed Expectations, and Cultivate Awesome all while keeping our “Why?” front of mind. Our Why? Silvergate is the banking platform for innovators, and we believe in the power of entrepreneurs to create prosperity for our communities

KNOWLEDGE, SKILLS, AND ABILITIES

• 2+ years of experience in a quantitative field
• Intellectual curiosity and creativity
• Knowledge of or the desire to learn a programming language such as R or Python
• Strong communication skills
• Understanding of statistical and quantitative methodologies and tools

BANK SECRECY ACT

Responsible for adhering to the reporting and recordkeeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the Company’s customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.

WORK CONDITIONS

Remote work environment.

PHYSICAL DEMANDS

While performing the duties of this job, the employee is:

• Regularly required to talk or hear
• Required to sit for long periods and reach with hands and arms
• Occasionally required to stand; walk
• Occasionally required to lift up to 10 pounds (items such as computer and workstation equipment)
• Must be able to communicate with customer and coworkers verbally and in writing
• Able to read documents, computer screens, reports, other communications and have the ability to adjust focus and close vision

This job description does not include every duty or responsibility that a person in the role may be asked to perform.