Environmental Risk Analyst

Associate II- Environmental Risk Management

The Associate II – Environmental Risk Management supports the Environmental Risk Management program for the Bank, operating across multiple Eastern U.S. states. The role assists the Environmental Risk Officer with environmental due diligence reviews related to commercial lending and real estate transactions, including coordination with third-party environmental consultants. This position plays a key role in helping the bank identify, assess, and manage environmental risks in compliance with internal policy, state and federal regulations, and prudent banking practices. Under the direction of the Environmental Risk Officer, the Associate II processes lower-level environmental due diligence requests and engages the review and procurement of environmental site assessment reports to support the Bank's loan production teams. This role is responsible for adhering to The Federal Reserve regulations and Bank's environmental policy, guidelines, and procedures related to commercial real estate secured credits.

Position Accountabilities

Environmental Due Diligence Support

• Support the identification of transactions requiring enhanced review due to property type, industry, or location-specific environmental concerns.
• Assist with environmental due diligence reviews for commercial real estate, construction, acquisition, and refinancing transactions across the bank's regional footprint.
• Review environmental database reports, Phase I Environmental Site Assessments (ESAs), Phase II ESAs, and environmental questionnaires for completeness, recognized environmental conditions (RECs), and other environmental risk factors as assigned by the Environmental Risk Officer.
• Prepare concise environmental risk summaries and recommendations for review and inclusion in the loan documentation.
• Provide solutions to internal customers to address potential issues within the framework of the loan transaction.

Vendor Coordination and Outsourced Reviews

• Assist in coordinating outsourced environmental due diligence reviews with approved third-party consultants.
• Track third-party assignments, deliverables, timelines, and costs to ensure reviews align with loan closing schedules.
• Perform preliminary quality checks of third-party reports to confirm adherence to bank standards, scopes of work, and regulatory expectations.
• Communicate with internal customers and third-party consultants to help resolve basic questions or follow-up items under senior supervision.

Documentation and Regulatory Support

• Assist Environmental Risk Officer with training, educating, and advising internal customers to comply with the Bank's environmental policy requirements.
• Assist Environmental Risk Officer with maintaining accurate environmental risk documentation in the Bank's loan and risk management systems.
• Assist with responding to internal audits, loan reviews, and regulatory examinations by organizing environmental files and supporting documentation.
• Help ensure consistency in environmental risk documentation across multiple states and lending units.
• Maintain proactive risk management awareness and facilitate lender liability protections.

Policy, Research and Program Support

• Support implementation of the bank's Environmental Risk Management Policy and procedures across regional markets.
• Maintain working knowledge of environmental regulations, state-specific requirements, and emerging environmental risk trends affecting regional markets.
• Assist with updating internal guidelines, checklists, and training materials used across the bank's lines of business.
• Contribute to a culture of collaboration by building effective relationships with internal customers and external stakeholders.
• Perform other duties as assigned.

Organizational Relationship

This position reports to the Environmental Risk Officer.

Position Qualifications

Education & Experience

• Bachelor of Science degree in a relevant field, or equivalent combination of education and experience, with a focus on environmental analysis, data interpretation, or risk assessment.
• 1-3 years of experience in environmental consulting, banking, credit risk, compliance, or a related field.
• Understanding of an environmental risk management function for a financial services institution.
• Exposure to environmental due diligence, commercial real estate, or credit underwriting preferred.

Knowledge & Skills

• Foundational understanding of environmental due diligence and risk concepts (e.g., Phase I/II ESAs, contamination risks, remediation considerations).
• Strong attention to detail and ability to review and summarize technical reports.
• Strong analytical and problem-solving skills.
• Proven adaptability to changing priorities.
• Strong time management skills to manage multiple tasks and deadlines across different transactions.
• Proficiency in Microsoft Office applications (Excel, Word, PowerPoint).
• Eagerness to learn banking regulations, internal workflows, and environmental risk management best practices.