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Operational Risk Analyst
2 months ago
Job Location: Vienna or Winchester, VA (Hybrid - 2 days per week onsite)
Job Type: Contract - Must be able to work as a W2 employee of Newbold.
Compensation: $56-66/hour will be based on the candidates skills and experience
No other forms of compensation, such as bonuses or commissions, are offered for this position
Newbold offers health care benefits and other benefits under applicable Federal or State law
General Job Description: Our client seeks an Operational Risk Analyst to lead regulatory compliance tests and risk assessments to ensure adherence to federal and state regulations and operational standards
Responsibilities include overseeing quality control of loans and incentive programs, analyzing operational risks, and implementing measures to enhance efficiency and mitigate regulatory vulnerabilities
Additionally, the position involves maintaining and updating Operational Risk procedural manuals, conducting gap analyses, and resolving compliance issues effectively.
Job Requirements:
- Required to have Operational Risk 1st line experience, ideally Mortgage Regulatory Compliance and Risk
- Required to have experience conducting RCSA ( Risk and Control self-assessment)
- Experience in Process mapping to identify and evaluate operational risks
- Proficiency in MS Office suite including strong Excel
- Experience in Risk and Controls Testing
- Knowledge of Mortgage / Lending products is desired
All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
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