Operational Risk Specialist

2 weeks ago


Chicago, Illinois, United States TransUnion Full time
Job Summary

We are seeking a highly skilled Operational Risk Specialist to join our team at TransUnion. As an Operational Risk Specialist, you will play a critical role in establishing and maintaining control testing and monitoring protocols, and conducting control testing and monitoring in alignment with the Operational Risk and Control Assurance program.

Key Responsibilities
  • Establish and maintain control testing and monitoring protocols
  • Conduct control testing and monitoring in alignment with the Operational Risk and Control Assurance program
  • Identify and drive areas of control improvement for key processes and procedures
  • Develop testing scripts, review control evidentiary documentation, and assess design and operating effectiveness of controls
  • Monitor processes for control failures and review reporting outputs to ensure accurate reflection of control environment
  • Support the business unit to review consistent control failures and initiate agreed upon remediation plans
  • Facilitate the ongoing RCSA (risk and control self-assessment process) to ensure timely response, attestation and action by the business
  • Assist with investigation and control design following incident or risk event
  • Challenge risk and process owners on the quality and effectiveness of their controls
  • Engage with different business owners on the implementation, execution and compliance of controls
  • Escalate risk and control issues to the relevant stakeholders and governance forums as appropriate
  • Provide input towards reporting to show the current control environment and how it is performing
  • Perform specialized risk assessments with business SMEs, which involves identifying, analyzing, describing and estimating the risks affecting the business
  • Conduct deep dives to drill down and identify process and control weaknesses and make recommendations for control improvements that will materially improve the TransUnion risk and control framework
  • Perform specialized deep dives/thematic reviews to identify non-adherence to Policy and Standards and pro-actively identify root cause and create action plans to address
  • Act as a control subject matter expert providing support, education and training to business units to build risk/control awareness within the organization
  • Provide coaching support to the business to drive improvements in the quality of risk and control management
  • Develop tools, templates and training to assist the Operations Business Units
  • Create and maintain ORCA policy and process documentation to ensure consistency to the standards and allow for smoother transition for future implementations
  • Work with direct manager, internal and external stakeholders to understand needs and ensure alignment to key initiatives
  • Maintain and prioritize workload to ensure focus on risk mitigation, control efficiencies and compliance
  • Be a resource to Compliance/Risk/ORCA on quality improvement ideas and protocols
Requirements
  • Bachelor degree or equivalent experience in risk management
  • 2+ years of relevant enterprise risk and control management experience; preferably in an operations environment
  • Knowledge of enterprise risk management and control concepts
  • Strong written and verbal communication skills, excellent inter-personal skills with the ability to bridge business and technical environments, and ability to build professional relationships
  • The initiative to propose solutions and to take action independently with the confidence to effectively challenge the status quo
  • Excellent attention to detail and a high level of accuracy in all areas of work
  • Organization and time management skills, specifically working to deadlines with multiple deliverables
  • Strong analytical and problem-solving capabilities
  • Highly developed ability to analyze and present data and information effectively
  • Ability to articulate a business issues without resorting to technical language
  • Process improvement through effective control monitoring and management
  • Maintaining regulatory compliance in a complex environment
  • Ability to effectively use Microsoft office suite of products (e.g. Excel, PowerPoint, Word, SharePoint)
Preferred Qualifications
  • 2+ years' experience working in a financial services or regulated operations environment
  • Governance, Risk and/or Compliance certification (e.g. CCEP, ARM, GRCP)
What We Offer

TransUnion provides flexible benefits including flexible time off for exempt associates, paid time off for non-exempt associates, tuition reimbursement, additional (following any short-term disability) 10 weeks of parental leave with gradual return, adoption assistance, fertility coverage, spousal and domestic partner benefits, charity gift matching, employee stock purchase plan, retirement contributions with employer match, organizational growth potential through our online learning platform with guided career tracks, and access to TransUnion's Employee Resource Groups.

We are committed to being a place where diversity is not only present, it is embraced. As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, veteran status, genetic information, marital status, citizenship status, sexual orientation, gender identity or any other characteristic protected by law.



  • Chicago, Illinois, United States Bank of America Full time

    Job Description:At Bank of America, we are committed to helping our clients achieve their financial goals through responsible growth. As a Compliance and Operational Risk Specialist, you will play a critical role in ensuring that our business operations align with regulatory requirements and industry standards.Key Responsibilities:Assist in assessing risks...


  • Chicago, Illinois, United States Origami Risk Full time

    Job Title: Account ExecutiveOrigami Risk is seeking a highly skilled Account Executive to join our team. As an Account Executive, you will be responsible for identifying opportunities and closing additional revenue from assigned clients, including upselling and cross-selling of related products.Key Responsibilities:Maintain and grow strategic client...


  • Chicago, Illinois, United States Origami Risk Full time

    Job Title: Account ExecutiveOrigami Risk is seeking a highly skilled Account Executive to join our team. As an Account Executive, you will be responsible for identifying opportunities and closing additional revenue from assigned clients, including upselling and cross-selling of related products.Key Responsibilities:Maintain and grow strategic client...


  • Chicago, Illinois, United States Greenwood Project Full time

    Financial Services Operations and Risk Career SpecialistJoin the Greenwood Project team as a Financial Services Operations and Risk Career Specialist and play a critical role in shaping the careers of talented college students. As a key member of our team, you will be responsible for supporting our scholars in their pursuit of careers in financial services,...


  • Chicago, Illinois, United States Greenwood Project Full time

    Greenwood Project Career Specialist OpportunityThe Greenwood Project is seeking a highly motivated and experienced Career Specialist to support the development of our scholars in the financial services industry. As a key member of our team, you will play a critical role in designing and implementing effective systems to prepare students for internships and...


  • Chicago, Illinois, United States Greenwood Project Full time

    Greenwood Project Career Specialist OpportunityThe Greenwood Project is seeking a highly motivated and experienced Career Specialist to support the development of our scholars in the financial services industry. As a key member of our team, you will play a critical role in designing and implementing effective systems to prepare students for internships and...


  • Chicago, Illinois, United States Robinhood Full time

    About the RoleWe are seeking a highly skilled Risk Management Specialist to join our team at Robinhood. As a key member of our Brokerage Risk Management Department, you will play a crucial role in overseeing the comprehensive risk management frameworks of our brokerages.Key ResponsibilitiesConduct risk assessments and perform control testing to identify and...


  • Chicago, Illinois, United States Greenwood Project Full time

    Financial Services Operations and Risk Career SpecialistGreenwood Project is seeking a highly motivated and experienced Financial Services Operations and Risk Career Specialist to join our team. As a key member of our organization, you will play a critical role in supporting our scholars towards career pathways into investment banking and developing...


  • Chicago, Illinois, United States Northern Trust Corporation Full time

    About Northern Trust:Northern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we provide innovative financial services and guidance to the world's most successful individuals, families, and institutions.Job Summary:The Risk and Control Senior Consultant will operate within the First Line of...


  • Chicago, Illinois, United States Wipro Full time

    About WiproWipro Limited is a leading technology services and consulting company focused on building innovative solutions that address clients' most complex digital transformation needs.We leverage our holistic portfolio of capabilities in consulting, design, engineering, operations, and emerging technologies to help clients realize their boldest ambitions...


  • Chicago, Illinois, United States Northern Trust Full time

    About Northern TrustNorthern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we have established ourselves as a trusted partner for individuals, families, and institutions seeking innovative financial services and guidance.Our commitment to service, expertise, and integrity has enabled us to...


  • Chicago, Illinois, United States Metropolitan Water Reclamation District of Greater Chicago Full time

    Job SummaryWe are seeking a highly skilled Risk Management Specialist to join our team at the Metropolitan Water Reclamation District of Greater Chicago. As a key member of our risk management team, you will play a critical role in developing and implementing risk management programs and processes that protect our organization's assets and reputation.Key...


  • Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust is a leading global financial institution with a rich history dating back to 1889. As a Fortune 500 company, we have established ourselves as a trusted partner for individuals, families, and institutions seeking innovative financial services and guidance. Our commitment to service, expertise, and integrity has enabled us...


  • Chicago, Illinois, United States Pyramid Consulting, Inc Full time

    Job Title: Finance Risk Management SpecialistWe are seeking a highly skilled Finance Risk Management Specialist to join our team at Pyramid Consulting, Inc. This is a contract opportunity with a leading Banking and Financial Industry client.Key Responsibilities:Monitor and alert critical trading system environments.Implement and test releases.Build and...


  • Chicago, Illinois, United States Bank of America Full time

    Job Description:At Bank of America, we are committed to helping our clients achieve their financial goals through responsible growth. As a Risk Analysis Specialist I, you will play a critical role in our Global Risk Analytics (GRA) function, which is responsible for developing and implementing risk management strategies across the organization.Overview of...


  • Chicago, Illinois, United States TEKsystems Full time

    Job SummaryWe are seeking a highly skilled Risk Management Specialist to join our team at TEKsystems. The ideal candidate will have a strong background in information security and risk management, with experience in third-party risk management and supplier evaluation.Key Responsibilities:Evaluate and articulate supplier information security...


  • Chicago, Illinois, United States Early Warning Services Full time

    Job Title: Operational Risk ManagerAt Early Warning Services, we're committed to protecting the integrity of our financial systems. As an Operational Risk Manager, you'll play a critical role in ensuring the quality of our control environment.Key Responsibilities:Validate controls identified through Risk and Control Self Assessments, Process Level...


  • Chicago, Illinois, United States Aon Full time

    Aon is seeking a skilled professional to join our Crisis Management team as a Broker II – Credit & Political Risk.We are looking for a talented individual to support our Crisis Management Group, specifically with the political risk team, in our New York, NY office or Chicago, IL or Washington DC locations.About the Role:Provide exceptional service and...


  • Chicago, Illinois, United States Northern Trust Corporation Full time

    About Northern Trust CorporationNorthern Trust Corporation is a leading global financial institution that has been in continuous operation since 1889. As a Fortune 500 company, we are committed to providing innovative financial services and guidance to the world's most successful individuals, families, and institutions.Job SummaryWe are seeking a highly...


  • Chicago, Illinois, United States Marsh McLennan Full time

    Job DescriptionCompany: Marsh McLennanJob Summary:We are seeking a highly skilled and experienced professional to join our team as a Risk Management Specialist. In this role, you will be responsible for utilizing your detailed risk expertise to perform critical client functions, including evaluating risks, reviewing loss experience, cash flow, and...