Analyst-Control Management

Job Description

The Analyst, CFR Risk ID, Assessment, Testing Reporting will: Facilitate BUs in their risk assessments performance (e.g., Process Self Risk Assessments (PRSAs)/ Risk and Control Self-Assessment (RCSA)) in addition to further assessments and testing / QA programs to ensure regulatory and internal standards are met (e.g., periodic PRSA/RCSA reviews and update assessment criteria to align with regulatory updates) Categorize controls and map against risks and processes (e.g., cross-BU process-control mapping) Assist in additional identification of risks throughout business processes and systems (along with business process owners) Support control monitoring (supplemental to BU process owners testing) and compile key operational risk trends, activities, and events Proactively help identify areas of high-risk for intervention (e.g., automated alerts generated for high-risk areas signal need for intervention and focus), including conducting independent quality assurance and vertical process testing Support thematic risk reporting (levels, trends, causes) Support BU with identification of risks and spotting areas where product changes or improved controls may be required within New Product Governance (NPG) Support risk management practices within the business Required Qualifications: 1-2 Years experience in operational risk management (e.g., within Risk and/or Internal Audit function) Understanding of critical operational risk management lifecycle activities Project management, communication, and interpersonal skills Experience in process governance, with an understanding of processes that align with policies, regulatory frameworks, and/or operational standards Sound analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively (e.g., Process Self Risk Assessments (PRSAs)/ Risk and Control Self-Assessment (RCSA)) Pref erred Qualifications: Bachelors Degree in Finance, Business, Risk Mgmt., or related field; advanced degrees (e.g., MBA, MSc) or certifications are advantageou s Experience in at least one of the following: Supporting identification of operational risks throughout business processes and systems Facilitating risk assessment performance in addition to further assessments and testing programs to ensure regulatory and internal standards are met (e.g., Process Self Risk Assessments (PRSAs)/ Risk and Control Self-Assessment (RCSA)) Supporting independent control monitoring, including identification of control improvements Supporting the identification of areas of risk for intervention, including conducting independent quality assurance and process testing Compiling thematic risk reporting to provide actionable insights on risk levels, emerging trends and root causes Experience in creating process flow using tools like Microsoft Visio/Alteryx ORMCM