Strategic Risk Manager

Risk Management Specialist Role Overview:

In this pivotal position, you will contribute to the identification, assessment, and mitigation of risks within the Control Management functional area.

As a key member of our team, you will provide risk management consulting services to support business growth through strategic planning, process optimization, and control enhancement.

• Collaborate with stakeholders to identify current and emerging risks associated with business activities and operations.
• Develop and maintain partnerships with business process owners by providing expertise in control design to effectively mitigate risks.
• Contribute to the development and enhancement of the business control environment through execution of the Risk and Control Self-Assessment (RCSA) program.
• Engage in the development and implementation of new controls, action plans, and root cause analysis.
• Support the evaluation and design of appropriate metrics to inform and monitor the health of the operational risk environment.

Required Qualifications:

• 4+ years of experience in Risk Management or Control Management, or equivalent demonstrated through work experience, training, military experience, education.

Desired Skills and Qualifications:

• Knowledge of residential mortgage servicing experience and be a subject matter expert for the team.
• Understanding of US consumer law/Mortgage Servicing laws, rules, and regulations.
• Comprehensive understanding of operational risk management and/or operations process management.
• Ability to evaluate changes to laws, processes, etc. to assess impacts and develop implementation plans to close gaps.
• Strong leadership skills with the ability to interact and lead discussions comfortably with senior levels of management, stateside partners, and regulators.
• Advanced Microsoft Office skills.
• Ability to manage initiatives involving process improvements.
• Excellent communication skills and ability to articulate complex material to a diverse audience.
• Proven experience with conducting risk and process assessments.
• Ability to influence, partner, and negotiate with senior business leaders to gain commitment to accomplish business goals.

Job Expectations:

• Perform reviews on transitions per Transition Framework, Controls opinion/acknowledgement, Second-line engagements, etc.
• Support functionally to meet Business Continuity Management (BCM) goals and control coverage requirements.
• Should have sound understanding of risk management principles and will be responsible for ensuring appropriate control coverage is provided for the assigned business group.
• Timely update, report, and escalate of issues. Closely work with Governance, Risk, and Compliance (GRC) teams to identify, assess, and mitigate deficient controls/control gaps or risks identified in the processes.

Responsibilities and Challenges:

Assist for control forums and provide necessary reporting for the assigned business group which includes report & escalate issues, key risks, control gaps, corrective actions, Operational Risks and Events (OREs), and align them to the respective onshore Risk and Control Committees.

Subject matter expert with respect to aligned lines of businesses.

Has an understanding of the Change Management review to include reviewing and approving procedures of change intact, understanding of cross-functional impacts and solutions, procedure revisions, and approvals.

Key Performance Indicators (KPIs):

Deliverables:

- Conduct regular risk and control assessments to identify areas of improvement.

- Collaborate with stakeholders to implement corrective actions and monitor their effectiveness.

- Develop and maintain relationships with key business partners to ensure effective communication and collaboration.

- Provide timely updates and reports on risk and control issues, including recommendations for improvement.

Skills and Competencies:

- Strong analytical and problem-solving skills with the ability to evaluate complex information and make informed decisions.

- Excellent communication and interpersonal skills with the ability to articulate complex ideas to diverse audiences.

- Ability to work collaboratively with stakeholders at all levels to achieve shared goals.

- Proven experience with risk management and control frameworks, including RCSA and issue management.

- Strong knowledge of regulatory requirements and industry standards related to risk management and control.

What We Offer:

- Competitive compensation package with opportunities for growth and advancement.

- Collaborative and dynamic work environment with experienced professionals.

- Comprehensive training and professional development programs.

- Opportunities for professional certifications and advanced degrees.

- Flexible work arrangements and remote work options.

How to Apply:

Submit your resume and cover letter to us, and we will contact you to discuss further.