What are the responsibilities and job description for the Operational Risk Analyst position at Confidential?
*This position is expected on-site 3 days a week. Role will most likely begin onsite.
*Please note the interview process will be two rounds
*Top 3 Skills: Proactive/takes initiative, Positive attitude, Eager to learn/picks things up quickly
Operations Risk and/or Audit experience is PREFERRED.
Background on the Team
The Operations Risk team supports the Operations line teams through the identification, assessment, remediation, reporting, mitigation and governance of risk. The team is also involved in internal and external audit facilitations, end-user entitlements reviews, independent assessments, business continuity planning, managing regulatory risks, risk education, vendor management, and awareness and embedding a culture of risk management. The team is global in nature with staff located in New York, Boston, London and Mumbai. The New York team is directly responsible for North America Operational risk, with involvement and oversight of global initiatives.
Position Description:
The position is primarily responsible for risk coverage, assessment and monitoring for Operations functions in Investment Management. This position would also require the individual to work closely with global functional teams and lead risk projects/initiatives in addition to regional day to day risk coverage and support.
Key Responsibilities:
-Operations Risk Management - risk identification, assessment, monitoring, tracking, reporting and mitigation
-Manage the risk identification and escalation process for risk matters within the region
-Participating and supporting regulatory reporting framework; with specific focus on regulatory matters & impacts in the region
-Contributing to risk incident post-mortems and deep-dives? Periodic functional risk assessments and reporting to senior stakeholders
-Review and enhancement to current risk measurements and indicators in support of operational risks within the region
-System entitlements review facilitation
-Business Continuity Planning and Information Security review
-Liaising and coordination for Audits (Internal, SSAE 18), external assessments and Regulatory Exams
-Facilitate Risk Control Self-Assessments (RCSA) and Key Controls testing
-Drive the Operations Risk program and initiatives globally and regionally, including participating in or leading associated projects
-Other related duties as assigned
Skills required (essential)
-Preferable experience in Investment Management, Operations, Operational Risk and/or Regulatory Reporting
-A Risk Manager with approximately 3 years of operational risk experience
-Ability to lead and drive initiatives independently
-Strong presentation skills and an ability to report to and manage senior stakeholders
-Strong verbal and written communication skills
-Strong attention to detail, quality and accuracy
-High degree of computer literacy, including working knowledge of Windows-based applications such as Word, Excel and PowerPoint
-An ability to ?think outside the box? and look for creative solutions
-Demonstrated ability to work effectively in a team-oriented environment
-Proven record of collaborating with colleagues across geographic and functional boundaries
-Strong drive for continuous improvement
-Has workstation and ability to work remote (2days per week)
Skills desired
-Relevant prior experience or knowledge of regulatory environment
-Relevant prior experience in conducting internal audits for Mutual funds and any exposure to Audit exercises will be an added advantage
Salary : $55 - $63
