Business Risk Associate


New York
Permanent
USD75000 - USD110000
Risk Management
PR/549486_1750711278
Business Risk Associate

We're currently partnered with a leading global financial services institution seeking a Business Risk Associate to join their team. The firm specializes in asset management, real estate, and securities lending, offering individuals broad exposure to a wide range of functions and business lines.

The Associate will support the Operational Risk Management strategy through second-line oversight activities. Ideal candidates will have prior experience in operational risk and a strong understanding of conducting RCSAs, as well as a proven ability to collaborate effectively with senior stakeholders.

Responsibilities:

  • Coordinate and execute Comprehensive Risk Vendor Risk, and Model, and Operational Risk Assessments.
  • Analyze risk data to identify trends and issues
  • Assess the operational effectiveness of controls through deep dives and lessons learned
  • Conduct scenario analyses
  • Build out the operational risk culture through the creation and delivery of trainings and workshops
  • Prepare operational risk reports and maintain files for ORM function
  • Analyze losses, metrics, or assessment finding to identify areas of risk and develop mitigate strategies

Qualifications:

  • Bachelor's degree or equivalent
  • Minimum of 4 years of experience in Operational Risk within financial services
  • Ability to analyze risk assessments
  • Strong interpersonal skills and experience collaborating with stakeholders
  • Knowledge of risk management principles and frameworks

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