Operational Risk Specialist

1 month ago


Rutherford, United States Motion Recruitment Full time

Job: Technical Business Analyst – Operational Risk

Contract Duration: 12+ Months

Location: Rutherford NJ (Hybrid)

Required Skills & Experience

  • 15+ years of business analysis experience.
  • Proven skills in Manager Control Assessment (MCA), better known in the industry as Risk and Control Self-Assessment (RCSA).
  • Proven skills in Operational Risk functions including RCSA, Operational Losses, Issue Management, etc.
  • Experience with agile methodology.
  • Demonstrated leadership skills including prior experience with managing Business Analyst teams, across time zones and cultures.
  • Consistently demonstrate clear and concise written and verbal communication.
  • Proven ability to use complex analytical, interpretive, and problem-solving techniques.
  • Strong techno-functional expertise with experience in solution architecture and product development/delivery.
  • Experience with managing regulatory deliverables with stringent timelines.

Desired Skills & Experience

  • Experience with coordinating the implementation of GRC systems (RCSA) involving business, Technology & Vendor teams using products like MetricStream, IBM Open pages, etc.

What You Will Be Doing

  • Lead and have proven skills in Manager Control Assessment (MCA), better known in the industry as Risk and Control Self-Assessment (RCSA).
  • Lead Operational Risk functions including RCSA, Operational Losses, Issue Management, etc.
  • Lead with agile methodology.
  • Provide functional leadership and expertise to ensure the efficient design, development, and implementation and to ensure essential procedures are followed.
  • Develop strategy and guidelines for appropriate staffing requirements, exercising control over resources, budget management, and planning and contributing to defining standards.
  • Resolve issues that have an impact beyond own area and apply an in-depth understanding of business analysis concepts and procedures and basic knowledge of other areas.
  • Define systems scope and objectives for moderately complex projects through research and fact-finding combined with an understanding of applicable business processes, systems, and industry standards.
  • Create business process flows to depict current vs target state view and/or to capture a summarized end-to-end view of the overall project/program scope.
  • Work with stakeholders to elicit full, complete requirements for any upcoming releases, system bugs, or required change requests/system enhancements, and prioritize them.
  • Coordinate with regional and global Risk teams and partner with other control functions, train, and aid users of the system.
  • Establish and maintain internal communications processes, standards, and practices, across various business and technology groups.
  • Support multiple user acceptance testing: ensure test coverage is adequate and that the system works as designed.
  • Work as a team to achieve objectives and influence and negotiate with senior leaders across functions, communicating with external parties as needed.
  • Provide evaluative judgment based on analysis of information in complicated, unique, and dynamic situations, drawing on a diverse range of internal and external sources.



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