Risk Management Specialist Job Posting

Our organization is seeking a skilled and experienced risk management specialist to join our team. As a key member of our compliance and operational risk department, you will be responsible for identifying, assessing, and mitigating risks across various business processes.

• Lead comprehensive control evaluations and substantive testing to independently assess the design and effectiveness of controls within our operations. Ensure compliance with internal policies, procedures, and external laws, rules, and regulations, while identifying necessary remediation actions. This includes developing and executing testing procedures, meticulously documenting results, drawing informed conclusions, making actionable recommendations, and distributing detailed compliance testing review reports.
• Foster collaboration with Compliance and Operational Risk Officers on various engagements. This includes developing detailed test scripts, facilitating issue discussions, participating in business meetings, and drafting comprehensive final reports to ensure alignment and clarity.
• Utilize advanced critical thinking skills to apply substantive testing techniques, thoroughly evaluating the effectiveness of high-risk business processes and identifying potential areas for improvement.
• Proactively assess and monitor risks, ensuring adherence to firm standards, regulatory requirements, and industry best practices. Implement strategies to mitigate identified risks effectively.
• Collaborate with cross-functional teams and stakeholders to support the design and effectiveness of controls. Drive initiatives that enhance the business control environment through recommended updates to the Compliance and Operational Risk Evaluation (CORE) application.
• Develop and execute robust control test scripts aimed at identifying control weaknesses, determining root causes, and recommending practical solutions to enhance operational efficiency and control effectiveness.
• Document test steps and results in a comprehensive and organized manner, ensuring sufficient support and justification for testing conclusions. Maintain a high standard of documentation to facilitate transparency and accountability.
• Lead meetings with business owners at various management levels, delivering testing results and supporting sustainable control enhancements. Identify and capitalize on opportunities to strengthen controls and improve operational efficiency.

• A minimum of 6+ years of experience or equivalent expertise in risk management, assessment, control evaluations, or a related field, preferably within the financial services industry. Possess a strong understanding of technology and/or cybersecurity industry standards and regulatory requirements.
• Subject matter expertise in domains such as Data Protection, Technology Resiliency, Software Development, Vulnerability Management, Security Configuration, etc.
• Demonstrated ability to analyze complex issues, develop and implement effective risk mitigation strategies, and communicate insights and recommendations clearly to senior stakeholders.
• Proficient knowledge of risk management frameworks, regulations, and industry best practices. Ability to stay updated with evolving regulatory landscapes and adapt strategies accordingly.
• Exceptional ability to develop and communicate well-founded recommendations based on regulatory guidance and standards, ensuring alignment with organizational goals and compliance requirements.
• Highly organized and detail-oriented, with a proven track record of managing multiple priorities and delivering results in a fast-paced environment.
• Strong analytical and communication skills, with the ability to convey complex information in a clear and concise manner to diverse audiences.

• Collaborative and dynamic work environment
• Opportunities for professional growth and development
• Competitive compensation and benefits package
• Recognition and rewards for outstanding performance

• Knowledge of data analytical tools such as Tableau, Alteryx, or Python is a plus
• Fluency in MS Office Suite, including Word, Excel, Access, and PowerPoint