Sr. Risk Analyst

15 Jul 2024
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Job DescriptionOne of our clients is looking to grow a team of senior risk analysts for their non model risk department that they are developing within their enterprise risk management team.This position will consist of audit review, risk assessments, EUC, and governance control. They will be following the risk management lifecycle to complete the assessments by ensuring accuracy with risk identification, risk assessment, risk control and mitigation, and monitoring and reporting. The analyst will be responsible for identifying potential risks, use qualitative (low, medium, high) scales to score the risk, develop strategies to manage and reduce risks and then conduct reviews to on strategies to improve future risks.There are four main areas the analyst will be focusing in. Depending on skill level, this person can choose which area they feel the strongest in:1. QA/QC - ensure tasks are done accurately and score risks involvedQuality Assurance tasks:Process Design and Documentation: Ensuring well-defined processes are in place.Training and Competency: Equipping staff with necessary skills.Risk Culture: Promoting a risk-aware mindset across the organization.Internal Controls: Implementing checks to prevent errors.Continuous Improvement: Regularly assessing and enhancing processesQuality Control:Transaction Accuracy: Verifying data accuracy in financial transactions.Fraud Detection: Identifying irregularities or suspicious activities.Risk Management: Monitoring compliance with risk policies.Regulatory Compliance: Ensuring adherence to legal requirements.Timely Reporting: Promptly addressing issues2. Inventory management - managing models and inventory records, excel for example, macros, forecasting tools, inputs and outputs and these have to be registered somewhere, these need to be registered everywhere, inventory across the bank, right now could be 10 fields but then you need to add fields, similar to models, the second line has to go in and confirm its being used correctly3. Risk assessments - reviewing these assessments completed by the business (risk ratings and either model or non-model)4. Reporting & dashboards - eventually we will need a story and visualization of compiled data, what is compliant, what is not, etc. where is it sitting, slice/dice, present findings, risk profile and risk appetiteAudit analysis - second line independent challengeCuriosity mindset, what does this really mean ad how to explore, challengeWe are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com .   To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/ .Skills and Requirements5 years - 8 years experience in risk management as an analyst, data scientist, or quantitative analyst Understand concepts of risk culture/ risk management using governance control standards Self starter, independent worker Experience with Risk Assessments - modeling vs. non-modeling EUC (End User Computing) experience using Excel, Microsoft Access, or other tools to manage, audit, control and manipulate data Experience with non-model lifecycle concepts (identification, assessment, control and mitigations, monitoring and reporting, and closure and analysis) Quality Assurance and Quality Control experience (preventing defects and detect/ correct defects for transaction accuracy, risk management, fraud detection and regulatory compliance) Audit Background in any risk areas such as financial, credit, risk assessment and controls or market Banking/ finance risk management background nullWe are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to HR@insightglobal.com.

Full-time
  • ID: #52102767
  • State: New Jersey Mountlaurel 08054 Mountlaurel USA
  • City: Mountlaurel
  • Salary: USD TBD TBD
  • Showed: 2024-07-15
  • Deadline: 2024-09-14
  • Category: Et cetera
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