Business Process Improvement Analyst-Risk

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Published
July 29, 2019
Location
Phoenix, AZ
Job Type

Description

The Business Process Improvement Analyst for Risk will support execution of the company's Enterprise Risk Management structure of the 3LOD(three lines of defense) Program to ensure the consistency in the implementation and operationalization across the enterprise.

This role will support the FLOD(first line of defense) activities supporting the Operations group and attest to the quality of the governance environment by performing validation of controls identified through Risk and Control Self Assessments, Process Level Assessments and Product and Compliance Risk Assessments.

Contributions include providing process control mapping and focusing on risk documentation, data integrity and transparency, process improvement and long term risk mitigation.

Other duties include championing and deploying process improvement methodologies and toolsets across the organization.

Building capability through knowledge-sharing and coaching.

Building the team's credibility by engaging effectively with stakeholders, deploying appropriate methodologies and toolsets.

Create and maintain a reputation as the internal consultant of choice by senior management for any problem solving, risk mitigation and compliance.

Supports process improvement initiatives across business units, through collaboration to drive efficiency and support the ERM model.

Recommend, develop, and establish risk management related procedures, improvements and tools.

Supports and facilitates Risk and Control Self-Assessments (process maps, RCMs, RCSA performance, control certifications, LOD reports) for operational groups.

Identify emerging risks, process improvements, or areas for increased training through the analysis of results.

Performs operational testing to support the Self-Identified Issues Process (identifying, advising, monitoring).

Performs validation of identified controls to ensure they have adequate governance, evidence of execution, and appropriate monitoring and escalation

Conducts annual reviews and provides recommendations to existing Operations Policies, Standards, and Procedures.Assess the impact of business controls and risk mitigation processes related to people, systems, operations and management, to provide analysis on gaps and potential exposures.

Documents validation processes and evidences methodology to provide final reports summarizing results.

Ensures risk issues are properly reported to business areas and remediated appropriately.

Collaborates with operational groups in the design of key risk indictors (risk tolerance metrics) and maintains oversight (reporting) of assigned operational risk measures to ensure key risks are actively managed

Creates and update project work plans, completing activities and communicating progress/outstanding issues and risks, and may coordinate and serve as Subject Matter expert.

Utilize workflow and process mapping to understand the organization and its operations.

Present findings and recommendations with confidence and communicating these to key stakeholders.

Deliver process improvement training to staff.

Build rapport and relationships across the enterprise to foster the organization in the maturity of owning and managing their risk and controls, while establishing an effective working relationship with business groups

May supportprojects requiring data mining, analysis and presentation; documenting business and functional requirements including risk, report specifications; providing analysis and recommending governance controls.

Prepare and conduct oral and written presentations for a wide variety of audiences.

Education and experience typically obtained through completion of a Bachelors degree in Computer Science, Business Administration, Finance, Accounting or related field.5-8+ years of Financial Services and/or Banking experience with a strong knowledge of banking operations, lending, terminology, and risk.

Two plus years of operational risk management or testing and quality assurance experience, preferable with a financial institution.

Experience with Risk and Control Assessments.

Excellent understanding of business complexity and project interdependencies

Maintain a deep awareness of business operations and technologies to explore possibilities

Ability to work with all levels of the organization

Ability to prioritize and manage time effectively

Outstanding written and verbal communication skills

Ability to take on multiple, complex projects at the enterprise level

Office Suite (Excel, Access, PowerPoint), SQL, VBA, core banking system, Visio, Project

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