The Associate, Risk Management implements various risk management processes and strategies for supporting initiatives, capturing and implementing recommendations from audits and other internal/compliance and external/regulatory assessment projects, and employing risk.
Applies innovative quantitative and qualitative analytical techniques to detect problems and improve reporting/MIS capabilities
Delivers industry best practices, tools, guidance, and training to increase analytical capabilities and throughput
Implements and validates various risk segmentation strategies using complex data.
Performs oversight over adherence to the Risk Appetite Framework, aggregates US Board Level metrics and creates Senior Management and Board reporting.
Manage documentation of internal policies and processes.
Functions will span across all risk types throughout the organization.
Also support the implementation of data management and automation projects which support the Risk Appetite Program.
Bachelor's Degree; Business, Finance, or equivalent field.,or equivalent work experience;
5-9 years; Risk Management
Skills and Abilities:
Ability to adapt and adjust to multiple demands and competing priorities
Ability to adjust to new developments/changing circumstances
Ability to convey a sense of urgency and drive issues/projects to closure
Ability to effectively interact with the market, executive management and vendors
Ability to handle conflict resolution with other groups to ensure appropriate accounting guidance is followed
Ability to independently operate in a complex, matrixed environment; adept at delivering and maintaining productive working relationships across business, functions, geographies and lines of defense
Advanced understanding of key inherent risk and risk management control practices
Excellent written and oral communication skills
Knowledge of workflow/processes and risks/controls, including: origination, underwriting, servicing, and collections/workout
Strong analytical, organizational and project management skills., Strong risk management principles, methodologies and tools, governance principles and activity preferably in a financial services technology environment.
Physical Demands: Minimal physical effort such as sitting, standing, and walking.
Communicates in a timely and straightforward manner
Probes for additional information, clarifies assumptions and confirms agreed-upon actions
Keeps everyone involved informed about progress and issues,
Communicates the importance and benefits of risk management to counterparts
Displays natural skepticism and curiosity to question the status quo and uncover issues
Adheres to a good root cause analysis process
Creates a good working environment in the team; works towards shared goals contributing ideas and accepting change
Provides assistance and coaches less experienced team members,
Executes risk management process and procedures without management direction, and demonstrates awareness of expected results
Knows the relationship and impact of actions and results
Has an understanding of regulations impacting area supported