Operational Risk Consultant

Alternate locations: Radnor, PA; Charlotte, NC; Fort Wayne, IN; Greensboro, NC; Hartford, CT; Omaha, NE. Hybrid work arrangement: 3 days per week in a Lincoln office. Relocation assistance is not available for this opportunity.

About the Role

In this role, you'll play a key part in strengthening our operational risk framework by mapping procedural controls to risk scenarios, analyzing complex data, and documenting process flows in partnership with subject matter experts. You'll consult with stakeholders across the organization to identify control gaps, recommend best-practice solutions, and ensure key controls support regulatory and financial reporting obligations. Acting as a trusted resource on complex projects, you'll also champion process improvements and emerging industry trends that drive meaningful change across the enterprise.

Responsibilities

• Maintains and maps key procedural controls to defined risk scenarios for each operational risk category and documents process flows through interviews with subject matter experts.
• Compiles, analyzes, and interprets complex data, processes, metrics, and other relevant information associated with assessing and evaluating the control environment.
• Prepares and presents reports and status updates to support the operational risk function.
• Consults and engages with key stakeholders to provide control analysis for complex activities and recommends strategies for closing gaps based on industry best practices.
• Documents and tracks risks, mitigating controls, and control improvements.
• Collaborates with stakeholders and leaders to ensure key controls are adequate for regulatory and financial reporting processes and process owner obligations are met.
• Develops project plans, meeting agendas, and updates applicable systems.
• Maintains knowledge of current and emerging developments/trends, assesses their impact, and collaborates with management to incorporate them into solutions.
• Champions and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives.
• Serves as a resource to team members and internal/external stakeholders on complex assignments or projects.
• Identifies and recommends process improvements that significantly reduce workloads or improve quality.
• Consults and analyzes complex assignments and/or projects.

Requirements

• 4-year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's).
• 3–5+ years of experience in operational/business risk management, audit in the insurance and/or financial services industry, directly aligned to the responsibilities of this role.

Benefits

• Clearly defined career tracks and job levels, with associated behaviors for Lincoln's core values and leadership attributes.
• Leadership development and virtual training opportunities.
• PTO and parental leave.
• Competitive 401K and employee benefits.
• Free financial counseling, health coaching, and employee assistance program.
• Tuition assistance program.
• Flexible work arrangements and effective productivity/technology tools and training.

Pay

The pay range for this position is $72,900 – $131,600, with anticipated pay for new hires between the minimum and midpoint of the range. Pay may vary above or below this range as permitted by applicable law and is based on non-discriminatory factors including work experience, education, location, licensure requirements, proficiency, and qualifications. The base pay is one component of Lincoln’s total rewards package, which may also include eligibility for the Annual Incentive Program (discretionary, based on company, business unit, and individual performance), long-term incentives, sales incentives, and standard benefits.