Demo

Operational Risk Analyst

RGA Reinsurance Company
Chesterfield, MO Full Time
POSTED ON 2/12/2025
AVAILABLE BEFORE 5/4/2025

You desire impactful work.

You're RGA ready

RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 500 Company and listed among its World's Most Admired Companies, we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

Overview

The Operational Risk Analyst aids in the design and implementation of internal control testing procedures covering cross-functional processes and interactions with other departments across the world. The role will also work with the RGA's global Financial Solutions' Operational Risk Consultants to engage with senior managers inside and outside of the Financial Solutions business segment to recommend changes to existing procedures, handoffs, and accountabilities to generate efficiencies across the organization, streamline processes and minimize control weaknesses. Additionally, the Operational Risk Analyst will aid in the completion of the Financial Review and Company Profile reports for our Counterparty Risk program.

Responsibilities

  • Aid in the design and implementation of internal control testing procedures covering cross-functional processes and interactions with other departments across the world. Function as an ambassador to the GFS division for and a champion of operational risk management.
  • Works on a team that leads the application of creative approaches to solve complex problems involving multiple departments and levels in the organization; leveraging knowledge and experience in internal controls and process improvement to lead teams to a successful conclusion.
  • Works with the Operational Risk Consultant to implement control testing plans. Aids in the identification of weaknesses and consults with teams to improve processes and mitigate exposure leveraging industry best practices.
  • Works with the Operational Risk Consultant to complete Financial Review and Company Profile reports for our Counterparty Risk program. This will include helping to manage and monitor Counterparty risk profiles and levels within GFS.
  • Aids in leading GFS team members in understanding and supporting the operational risk framework and policies. Works with the Operational Risk Consultant to actively lead GFS in implementing internal control and process improvement best practices.
  • Ensure that GFS control testing and process maps comply with and align to any future standards, which may be issued by Global Risk Services or Global Audit Services. Works with the Operational Risk Consultant to help implement enterprise-wide initiatives being initiated by Global Risk Services.
  • Aid in leading project teams to ensure business processes are properly mapped highlighting accountabilities, hand-offs, and controls. Actively identify and drive process improvements identified through the review.
  • Identify opportunities for automation. Consult on IT projects across GFS ensuring consistent performance within active projects.
  • Assist other areas of the Operational Risk & Reporting team, as necessary.

Education & Experience

  • Bachelor's Degree or equivalent related experience
  • 2 years internal controls-related experience, such as Internal Control, Audit, or Risk Management.
  • Proficient with Microsoft Office tools (i.e., Excel, Teams, SharePoint, etc.)
  • Preferred :

  • 4 years internal controls-related experience, such as Internal Control, Audit, or Risk Management
  • 1 - 3 years' work experience as a financial analyst
  • Change Management certification or related experience
  • Reinsurance industry or Financial Services industry knowledge
  • Skills & Abilities

  • Ability to employ methodologies for analyzing and improving business processes and influence acceptance and adoption of changes
  • Ability to translate complex business needs and problems into process and / or technical solutions with limited support
  • Effective and persuasive oral and written communication skills
  • Must be flexible and adaptive to change
  • Takes a forward-looking, strategic approach to change and applies known principles of effective change management
  • Sound analytical and critical thinking skills
  • Ability to work effectively and strategically at all levels of the organization
  • Takes leadership and ownership of projects and initiatives
  • Sound Change management (people side of change) skills
  • Ability to balance detail with departmental goals / objectives
  • Can work independently
  • Sound project facilitation skills
  • Ability to resolve conflict
  • Ability to work well within a team environment
  • Proficient Lucid Chart and Visio skills
  • LI-DL1 #LI-HYBRID

    What you can expect from RGA :

  • Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
  • Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
  • Join the bright and creative minds of RGA, and experience vast, endless career potential.
  • Compensation Range :

    76,100.00 - $108,050.00 Annual

    Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

    RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.

    Salary : $76,100 - $108,050

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Operational Risk Analyst?

    Sign up to receive alerts about other jobs on the Operational Risk Analyst career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $58,470 - $77,272
    Income Estimation: 
    $131,676 - $196,560
    Income Estimation: 
    $99,138 - $133,641
    Income Estimation: 
    $75,905 - $103,047
    Income Estimation: 
    $74,367 - $98,680
    Income Estimation: 
    $124,413 - $154,875
    Income Estimation: 
    $131,676 - $196,560
    Income Estimation: 
    $164,394 - $225,474
    Income Estimation: 
    $161,616 - $208,121
    Income Estimation: 
    $87,128 - $112,557
    Income Estimation: 
    $58,470 - $77,272
    Income Estimation: 
    $131,676 - $196,560
    Income Estimation: 
    $99,138 - $133,641
    Income Estimation: 
    $75,905 - $103,047
    Income Estimation: 
    $74,367 - $98,680
    Income Estimation: 
    $74,367 - $98,680
    Income Estimation: 
    $131,676 - $196,560
    Income Estimation: 
    $99,138 - $133,641
    Income Estimation: 
    $94,973 - $125,755
    Income Estimation: 
    $96,228 - $129,772
    Income Estimation: 
    $96,228 - $129,772
    Income Estimation: 
    $131,676 - $196,560
    Income Estimation: 
    $121,926 - $164,179
    Income Estimation: 
    $124,413 - $154,875
    Income Estimation: 
    $87,128 - $112,557
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at RGA Reinsurance Company

    RGA Reinsurance Company
    Hired Organization Address Chesterfield, MO Full Time
    You desire impactful work. You're RGA ready RGA is a purpose-driven organization working to solve today's challenges thr...
    RGA Reinsurance Company
    Hired Organization Address Chesterfield, MO Full Time
    You desire impactful work. You're RGA ready RGA is a purpose-driven organization working to solve today's challenges thr...
    RGA Reinsurance Company
    Hired Organization Address Minneapolis, MN Full Time
    You desire impactful work. You're RGA ready RGA is a purpose-driven organization working to solve today's challenges thr...
    RGA Reinsurance Company
    Hired Organization Address Chesterfield, MO Full Time
    You desire impactful work. You're RGA ready RGA is a purpose-driven organization working to solve today's challenges thr...

    Not the job you're looking for? Here are some other Operational Risk Analyst jobs in the Chesterfield, MO area that may be a better fit.

    AI Assistant is available now!

    Feel free to start your new journey!