Senior Risk and Control Specialist

2 weeks ago


New York, New York, United States Collabera Full time
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AVP- Risk and Control Analyst

Contract Type: Remote Work

Compensation: $63.00 Per Hour

Job Code:

End Date:

Time Remaining: 29 days, 3 hours left

Note: Extensive experience in banking or Big 4 consulting is essential.

Position Overview:

Client Type: Financial Services

Job Title: AVP- Risk and Control Analyst

Location: 100% Remote

Contract Duration: 6 Months + Potential for Extension

Work Schedule: Monday to Friday, Standard Business Hours

Start Date: Immediate

Job Responsibilities:
  • The Senior Analyst in Business Risk and Control is a highly experienced professional role.
  • Utilizes extensive disciplinary knowledge to enhance processes and workflows within the function.
  • Integrates expertise across various subject matters to achieve departmental objectives.
  • Evaluates complex issues with significant potential impact, balancing various alternatives and conflicting situations.
  • Demonstrates strong analytical skills to prioritize and validate complex information from diverse sources.
  • Exhibits excellent communication and diplomacy skills.
  • Regularly takes on leadership roles within teams.
  • Involved in mentoring and training new team members.
  • Influences project decisions through expert advice and facilitation.
  • Individual performance directly impacts team outcomes.
Key Responsibilities:
  • Coordinate governance and facilitate the execution of the Manager Control Assessment (MCA) as per the MCA Standard.
  • Contribute to the quality and accuracy of the Control Framework implementation, including Risk Control Policy and Control Standards.
  • Support root cause analysis of issues, collaborating with control and process owners to recommend corrective actions.
  • Assist in implementing the Lessons Learned Policy, monitoring control breaches, and sharing insights for process improvement.
  • Influence the review process for effective control design and management to mitigate risks.
  • Conduct analyses to ensure the timeliness and accuracy of the MCA.
  • Support adherence to the MCA Standard through post-execution controls.
  • Contribute to Operational and Compliance Risk management as per established policies.
  • Identify and manage risk exposures across various categories.
  • Perform analyses to support Risk Appetite and monitor exposures.
  • Ensure accurate and timely recording of Operational and Compliance Risk events.
  • Analyze risks associated with new activities and business changes.
  • Support operational risk scenario analysis and stress testing.
  • Ensure risk and control responsibilities are integrated within business units.
  • Implement standards and procedures to support effective risk management.
  • Apply business knowledge to identify and implement control processes.
  • Assess risks in business decisions, ensuring compliance with laws and regulations.
Qualifications:
  • 5-8 years of relevant experience.
  • Familiarity with workflow systems.
  • Strong project management and organizational skills.
  • Exceptional relationship-building and management skills.
  • Clear and concise written and verbal communication abilities.
  • Proficient in Microsoft Office, particularly Excel.
  • Self-motivated and detail-oriented.
Education:
  • Bachelor's degree or equivalent experience.
Job Requirements:
  • Workflow management
  • Issue management
  • Control Framework knowledge
  • Risk Control Policy understanding
  • Control Standards familiarity
  • Issue Management Policy knowledge
  • Control Inventory awareness
  • Software Development Life Cycle (SDLC) knowledge
  • Manager Control Assessment (MCA) understanding
  • Risk and control management


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