Operational Risk Analyst

We are on the lookout for a meticulous Operational Risk Analyst to be a part of our team within the Financial Services industry. Our office is located in El Monte, California. In this role, you will be chiefly responsible for managing operational risk programs, liaising with different risk and compliance areas to establish program requirements, and contributing to the development and enhancement of policies and procedures.

• Implement and manage assigned operational risk processes, tools, policies, standards, and procedures in line with Operational and Enterprise Risk Management Frameworks.
• Participate in Operational Risk related projects and initiatives, proposed product/system development, enhancements, and process improvements.
• Assist in the aggregation of enterprise-wide identification of control exceptions, issue management, remediation, and change control monitoring, reporting, and documentation.
• Contribute to the execution of the Enterprise-wide Risk and Control Self Assessments (RCSA) and the annual Enterprise Risk Assessment (ERA) from a Second Line oversight perspective. This includes QA/QC review, identification of gaps in processes or controls, and review of First Line remediation activities.
• Provide Second Line effective challenge and oversight of First Line developed issues, risk mitigation strategies, and related action/resolution plans.
• Assist in presenting risk assessment information, detailing relevant behaviors, activities, processes, and associated risk to ensure stakeholder awareness, support, and approval.
• Conduct timely analysis of First Line risk, control, and loss history information to generate management and board-level risk profile insights and reports.
• Manage, analyze, and report on relevant performance monitoring metrics including Key Performance Indicators (KPIs) and Key Risk Indicators (KRIs) to track the effectiveness of risk management activities and potential adverse risk trends.
• Help develop and facilitate ongoing risk management training to key internal stakeholders to empower business unit leadership and BRC’s to identify manage risk in an effective and consistent manner.
• Collaborate with internal stakeholders such as business leaders and BRC’s, Compliance, and Internal Audit, to promote a culture of risk awareness and accountability.
• Assist in managing Operational Risk Committee meetings by developing agendas and presentations, conducting necessary research, taking meeting minutes, etc.
• Keep abreast of the industry, regulatory developments, and emerging risks and trends to ensure the effectiveness and relevance of the operational risk management program. • Applicant must possess a minimum of 7 years experience in the Financial Services industry
• Demonstrated expertise in Operational Risk Analysis is essential
• Proficiency in SOX - Sarbanes-Oxley compliance is required
• Prior involvement in Operational Audits is a must
• Extensive experience in Compliance Audits is necessary
• Familiarity with Financial Audits is a key requirement
• Knowledge of Operational Risk is expected
• Experience with Operational Risk Framework is crucial
• Competence in Operational Risk Management is mandatory