Risk and Control Analyst

Job Title : Risk and Control Analyst

Location : New York City NY

Prioritized must haves for the Risk & Control Analyst :

#1. Bachelors degree or equivalent.

#2. 4-5 years of prior operational risk management experience with a financial institution.

#3. Must have Risk and Control Self-Assessment (RCSA)

#4. Must have Vendor Risk Assessment Model Risk Assessment and Operational Risk Event (Business Continuity) Assessment.

Responsibilities for the Risk & Control Analyst :

• Coordinate and conduct Risk and Control Self-Assessment (RCSA).
• Coordinate and conduct Vendor Risk Assessment Model Risk Assessment and Operational Risk Event (Business Continuity) Assessment.
• Conduct analyses of risk data to identify trends and potential areas of concern.
• Perform deep dives to assess the design and operational effectiveness of controls surrounding key technology and operations processes and to identify remediation for gaps to mitigate risks.
• Challenge risks within scenario analysis.
• Maintain Risk Registers.
• Contribute to the New Product Approval process.
• Research regulatory changes and / or risk trends applicable to area(s) of coverage.
• Assist in various Operational Risk related projects and initiatives.
• Proactively contribute to the risk culture and overall awareness of operational risk and contribute to the creation and delivery of operational risk management training and / or workshop sessions.
• Prepare operational risk reports schedule meetings takes notes prepare minutes and maintain files for ORM department.
• Provide analysis and coordination for the ORM department.
• Provide challenges on key indicators and material operational risks.
• Identify emerging operational risks in the context of the regulatory and business operation environment and assure that measures are being taken to mitigate these risks.
• Serve as a subject matter expert for operational risk and control assessments and independently prepare a comprehensive report.
• Facilitate accurate and appropriate reporting of operational risks to senior management.
• Analyze operational risk data (losses metrics or assessment results) to identify areas of excessive risk and to ensure that mitigation efforts are having the desired effect(s).
• Perform other duties and responsibilities as assigned by management.

Requirements for the Risk & Control Analyst :

Other Key Requirements :

Key Skills

ISO 27001,Microsoft Access,Risk Management,Financial Services,PCI,Risk Analysis,Analysis Skills,COBIT,NIST Standards,SOX,Information Security,Data Analysis Skills

Employment Type : Full Time

Experience : years

Vacancy : 1