Associate in Model Risk Management role within Financial Services Group analyzing financial risks. Support senior members with model validation, risk assessments, and deliver reports.
About the role
- Business Risk & Controls Analyst supporting the risk management program at Allica Bank. Delivering control management and data analysis in a hybrid work environment.
Responsibilities
- Supports the Business Risk and Controls Team in delivering the risk & control management program, including conduct and operational related risk.
- Performing analysis and identifying trends from risk management and internal control data, creating reporting for internal and external use, including for the Bank’s governance committees.
- Providing administrative support to Business Risk & Control Team led projects and initiatives to drive improvements to key processes and controls, including tracking of deliverables and agreed actions.
- Building relationships with risk and control owners to support the identification, assessment, monitoring, measurement, and reporting on risks, controls, mitigation activities and key risk indicators.
- Supporting business areas with day-to-day risk questions regarding risk management and internal control processes, including management of the team mailbox.
- Facilitating the triage of risk events and issues, partnering with business areas to evaluate process or control breakdowns (including root cause analysis) and ensuring that remediation is tracked.
- Supporting the business to raise self-identified issues and conducting deep dive reviews into areas of thematic control weakness.
- Supporting the coordination and facilitation of the bank’s Risk and Control Self-Assessment (RCSA) and administration of the bank’s periodic RCSA refresh.
- Conducting periodic control testing and sampling on allocated controls in the risk management system and supporting the development of mitigation measures for failed controls.
- Managing the Business Risk and Control Team’s suite of procedures, ensuring they are refreshed in accordance with agreed review periods.
Requirements
- Analytical mindset and experience working with data, calculating metrics and trend analysis.
- Strong team player, with experience working with and managing stakeholders outside of immediate team. This includes working collaboratively to meet objectives and providing challenge in a constructive manner.
- Good understanding of how risks arise and how to mitigate risk, supported by experience working in any operationally heavy business. Further knowledge of operational risk management and internal control practices including RCSAs, internal controls, risk event reporting, Operational Resilience requirements is desirable but not required if there is a strong willingness to learn.
- Willing to be very hands-on and adapt quickly to the workflow of the Business Risk and Controls team, with focus on delivering results and meeting deadlines.
- Strong written and presentation skills, supported by experience of communication across different levels of seniority.
- Hands on experience of assurance/monitoring of risks and controls, including control testing.
- Bachelor's/master's degree in finance, Risk Management, Business, or related field.
- Possess strong data analytics skills, with proficiency in MS Excel, and familiarity with advanced data analysis tools.
Benefits
- Full onboarding support and continued development opportunities
- Options for flexible working
- Regular social activities
- Pension contributions
- Discretionary bonus scheme
- Private health cover
- Life assurance
- Family friendly policies including enhanced Maternity & Paternity leave
Job title
Job type
Experience level
Salary
Not specified
Degree requirement
Location requirements
Senior Supervisory Control Specialist overseeing compliance and supervisory practices within Wealth and Investment Management. Collaborating with business partners to mitigate risks while ensuring adherence to regulations.
Risk Management & Insurance Intern role at Orchid Insurance in Tampa, FL. Participating in a 6 - week summer internship program focused on risk management and insurance fundamentals.
Intern supporting climate risk and exposure analytics at USAA with modeling and data analysis for catastrophe management. Collaborating across teams to address climate impacts and improve resilience strategies.
Senior Operational Risk Officer providing oversight and risk management expertise for KeyCorp's Consumer Bank. Engaging with business units to ensure effective operational risk management practices.
Governance Strategist for ITGC and Identity & Access Management at Truist. Coordinating governance structures and driving risk management initiatives across technology teams.
MB
Customer Complaint Resolution Specialist in the Customer Advocacy team addressing escalated complaints. Conducting investigations, preparing executive - level responses, and advocating for better customer experiences at M&T Bank.
Manager of Information Governance and Privacy overseeing compliance and incident investigations at CVS Health. Fostering privacy culture and risk remediation for Health Services Segment.
Technology Risk and Control Associate managing technology risk and analytics at AIG. Involved in risk assessments, reporting, and working with technology teams for compliance.
Clinical Nurse Risk Strategist translating complex medical and pharmacy data into actionable insights for employers. Collaborating with teams to support cost management and health outcomes.