Operational Risk Management Analyst

Essential Duties and Responsibilities

• Supports ongoing risk management consulting activities for assigned area of responsibility in accordance with internal standards, relevant government statutes and regulations.
• Performs quality reviews to ensure the accuracy, completeness, and reliability of risk data, documentation, and reporting.
• Maintains an in-depth understanding of business areas, its products, and supporting functions.
• Monitors and tracks remediation activities, follows up with business stakeholders, and validates completion of corrective actions to support effective risk mitigation.
• Partners with colleagues and business process owners to evaluate the control environment and develop recommendations to strengthen internal controls and mitigation strategies.
• Stays up-to-date with evolving regulatory changes and market events impacting the business.
• Develops and maintains an in-depth understanding of business areas, its products, and supporting functions.
• Performs data collection and analysis in compliance with program requirements to assist in identifying, analyzing and recommending changes to core business processes to minimize risk.
• Assists in performing reviews for assigned areas to identify key controls and mitigation strategies.
• Identifies, reviews, assesses and documents risk management and control issues in assigned business processes.
• Aids in preparing written reports and recommendations on the effectiveness of assigned business processes and risk mitigation activities.
• Builds and maintains key relationships with stakeholders demonstrating a culture of engagement and assistance.
• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

• Fundamental concepts, practices and procedures of risk management.
• Fundamental concepts of financial markets and products.
• Strong interpersonal skills for interfacing with all levels of management.
• Strong analytical skills, particularly with regard to assessing the probability and impact of an internal control weakness.
• Enthusiastic, self-motivated, effective under pressure.
• Proven ability to manage time and deliver against deadlines.
• Attend to detail while maintaining a big picture orientation.
• Gather information, identify linkages and trends and apply findings to assignments.
• Interpret and apply policies and identify and recommend changes as appropriate.
• Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment.
• Meet tight deadlines within budgeted hours.
• Work independently, demonstrating initiative and problem solving skills.
• Establish and maintain effective working relationships at all levels of the organization.
• Provide a high level of customer service.

Education/Previous Experience Requirements

Bachelor’s Degree OR ~Any equivalent combination of education, training or experience approved by Human Resources.

Work Experience: General Experience - 7 to 12 months.

Certifications: Other Certification Not Listed - Other.

Travel: Less than 25%.