Risk Management Specialist

22 hours ago


Redwood City, California, United States Innova Solutions Full time

Job Summary:

Innova Solutions is seeking a highly skilled Operations Risk Analyst to join our team. As a key member of our risk management team, you will be responsible for leading and providing expert guidance on the assessment of processes and controls across the end-to-end transaction lifecycle.

Key Responsibilities:

  • Proactively assess threats, vulnerabilities, and possibilities of future incidents.
  • Perform process re-engineering to improve efficiency and strengthen controls within the client.
  • Conduct risk management framework and related risk assessments of client's processes.
  • Support 1st Line of Defense (LoD) via performance of issue management & root cause analysis.
  • Assess business-unit level key metrics to ensure operational effectiveness, establish and manage Client's level metrics.
  • Provide education for client's staff to ensure awareness of and adherence to policies, standards, and procedures, disseminating best-practice guidance.
  • Oversee 1st LoD activities and assist specialized domain SMEs (e.g., IT Risk, Data Governance) in the implementation of their programs within client.
  • Support the client management team (incl. new product development) through identification of risk & control considerations, as well as definition & operationalization of risk mitigants.
  • Ensure that risk management considerations are embedded in the client's processes and strategy.

Requirements:

  • Bachelor's degree required or equivalent experience, MBA/MA/MS in a relevant discipline a plus.
  • 2-5 years of specialized experience in Financial/Banking Services preferable in Consumer Lending/Credit Cards.
  • 2-5 years of experience in a similar role in Consumer Banking in Enterprise/Operational Risk or Business Control experience.
  • 1st and 2nd LOD and Consumer Lending experience desired and Credit Card experience a plus.
  • Experience with executing operations risk assessment/testing methodologies evaluating the adequacy and efficiency of internal controls; and identifying issues resulting from internal and or external examinations.
  • Must have strong interpersonal skills to interface with all levels of management, as well as good analytical and communication skills.
  • Working knowledge of regulatory requirements for Consumer Lending preferred.
  • Strong leadership and communication ability, inclusive of conflict resolution and project management abilities.
  • Consumer Lending experience ideally in building new product or start-up type environment.

About Innova Solutions:

Innova Solutions is a global technology and business transformation solutions provider, employing approximately 50,000 professionals worldwide. We deliver strategic solutions to our clients, enabling them to operate as leaders within their fields.



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