Sr. Business Control & Risk Management Analyst

Apex Systems is a world class services business that incorporates industry insights and experience to deliver solutions that fulfill our clients' digital visions.

Apex has an opportunity for a Sr. Business Control & Risk Management Analyst to join our fast paced Financial Services industry partner!

Role : Sr. Business Control & Risk Management Analyst

Location : Remote USA

Term : 6+ Months

Job Description :

The Sr. Associate, Business Control & Risk Management operates within the First Line of Defense and is accountable to assist the Business Control & Risk Management team in driving effective and consistent business line execution against the Enterprise Risk Management Framework. The incumbent is expected to champion the Business Control mandate as a critical business partner guiding stakeholders to embed risk management practices in the 1st line. The Sr. Associate serves as a subject matter expert by advising and guiding risk initiatives such as risk assessments, KRI / KPI development and monitoring, working with the business line to proactively self-identify issues, and ensure on-time remediation of issues. The Sr. Associate must be able to effectively collaborate with various stakeholders while influencing strategic goals

Drive Risk Culture : Ensure awareness in the Business Line of risk frameworks, policies and standards. Communication & Training : Maintain two-way communications with SLoD. Facilitate training for Business Lines to provide awareness of risk frameworks, policies, programs, processes, etc. Adherence to Risk Frameworks, Policies, and Standards : Partner with SLoD to provide input / review of frameworks, policies and standards. Facilitate Business Line awareness of and adherence to risk frameworks, policies, and standards. Report and escalate exceptions and facilitate Business Line corrective actions. Continuous Monitoring : Continuously monitors all sources of risk existing within the Business Line and externally. Engage in research, peer networking, and experience to anticipate critical risk issues impacting the Business Line. Understand where credit, market / liquidity, operational, strategic, reputational, compliance, and model risks exist in the Business Line and continually assess and improve controls to mitigate those risks. Monitor Key Risk Indicators and report on negative / adverse trends in Business Line. Monitor risk profile to maintain tolerance within Risk Appetite.

Issue Identification, Management, and Risk Assessment : Conduct RCSA responsibilities including Process Mapping, Risk & Control Matrices, Inherent Risk Assessments, Internal Control testing and Heracles data / input. Engage and hold Business Line process owners accountable to identify and assess risks. Support Business Lines in risk identification (e.g. NPBA, change management, etc.) Ensure all issues (Self-Identified, IA, Credit Risk Review or Regulatory) pertaining to the Business Line are resolved within established timelines. Validate issues to ensure Business Line remediation is sufficient to address root cause and prevent recurrence. Internal Control Testing : Implement and maintain internal control testing and control effectiveness monitoring in the Business Line. Validate the adequacy of controls, escalate deficiencies as appropriate. Identify root causes of control deficiencies / weaknesses and take appropriate action to ensure Business Lines remediate and prevent recurrence. Manage and execute risk related activities and routines as part of the following operational risk programs : Risk and Control Self-Assessment (RCSA), Issues Management, Scenario Analysis, Top Risk, Material Risk Program, Event Escalation, Loss Management and Application, Inherent Risk Assessment.

Must-Have Requirements :

• 5-10 years of experience
• Demonstrated experience executing risk projects across multiple business lines offering a wide variety of financial services products and services
• Advanced knowledge of the financial services sector, particularly with the competitive dynamics and products in retail banking and risk management
• Demonstrated thought leadership and application of operational risk identification and mitigation practices and procedures
• Advanced understanding of the regulatory environment and how the risks of the products and services the bank offers are viewed by the Second Line of Defense and regulators
• Demonstrated judgement in escalation, ensuring risk-based clear line of sight for senior executives into existing and emerging issues / incidents
• Ability to build credibility with, collaborate with, and influence line of business executives
• Ability to anticipate the impact of regulatory and other environmental factors and proactively take action to ensure the team / function / enterprise is prepared
• Superior project management skills
• In depth research and analysis skills for more complex and critical data, interpret and communicate industry trends
• Strong understanding of BSA / AML and OFAC regulations, regulatory expectations and industry leading practices
• Excellent analytical and complex problem-solving skills
• Ability to collaborate with internal and external service providers to establish resource requirements, scheduling, assignments and service levels

EEO Employer

Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at [email protected] or 844-463-6178.

Apex Systems is a world-class IT services company that serves thousands of clients across the globe. When you join Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRated's Best of Staffing® in Talent Satisfaction in the United States and Great Place to Work® in the United Kingdom and Mexico.

Apex Benefits Overview : Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses / books / seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Apex team member can provide.