Virtual Operational Risk Analyst
Location: Remote
Position Type: Full-Time
Annual Salary: USD 87,590
Job Summary:
We seek a highly skilled and motivated Virtual Operational Risk Analyst to join our dynamic team. This remote position offers the flexibility to work from anywhere while contributing to identifying, assessing, and mitigating operational risks. The successful candidate will play a critical role in ensuring the stability and security of our operations by analyzing risk factors, developing risk management strategies, and implementing adequate controls.
Key Responsibilities:
- Risk Assessment and Analysis:
- Conduct comprehensive risk assessments to identify potential operational risks and vulnerabilities.
- Utilize risk assessment tools and methodologies to evaluate the impact and likelihood of identified risks.
- Analyze data and trends to provide insights into emerging risk patterns and potential impacts on business operations.
- Risk Management and Mitigation:
- Develop and implement risk management strategies to address identified risks and mitigate their impact on business operations.
- Collaborate with cross-functional teams to design and implement adequate risk controls and contingency plans.
- Monitor the effectiveness of risk mitigation strategies and recommend improvements as needed.
- Compliance and Regulatory Adherence:
- Ensure compliance with internal policies, industry regulations, and relevant laws related to operational risk management.
- Stay current with regulatory changes and industry best practices to ensure ongoing compliance.
- Prepare and maintain documentation related to risk management processes and regulatory requirements.
- Reporting and Communication:
- Prepare detailed risk analysis reports and present findings to senior management and stakeholders.
- Communicate risk management strategies and recommendations clearly and effectively to various teams and departments.
- Provide guidance and support to team members and other departments on risk-related matters.
- Incident Management and Response:
- Assist in investigating and analyzing operational incidents and near-misses to determine root causes and contributing factors.
- Develop and implement corrective action plans to address identified issues and prevent recurrence.
- Coordinate with relevant teams to ensure timely and effective resolution of risk-related incidents.
- Continuous Improvement:
- Continuously evaluate and improve risk management processes and practices to enhance effectiveness and efficiency.
- Participate in internal audits and reviews to assess risk controls' effectiveness and identify areas for improvement.
- Stay abreast of industry trends and advancements in risk management practices to incorporate innovative approaches.
- Training and Awareness:
- Develop and deliver training programs and materials to raise employee awareness about operational risk management.
- Foster a culture of risk awareness and proactive risk management within the organization.
Qualifications:
- Bachelorโs degree in Risk Management, Finance, Business Administration, or a related field. Advanced degree or professional certifications (e.g., Certified Risk Management Professional (CRMP), Certified Risk Management Analyst (CRMA)) preferred.
- Minimum of 3-5 years of experience in operational risk management, with a proven track record of successful risk assessment and mitigation.
- Strong analytical and problem-solving skills, with the ability to interpret complex data and make informed decisions.
- Proficient in using risk management software and tools and Microsoft Office Suite (Word, Excel, PowerPoint).
- Excellent communication and interpersonal skills, with the ability to effectively present information and collaborate with diverse teams.
- Demonstrated ability to work independently and manage multiple tasks in a remote work environment.
- Strong attention to detail and a commitment to maintaining high standards of accuracy and quality.
Additional Information:
- This is a remote position, and the candidate must have a reliable internet connection and a suitable home office setup.
- Occasional travel may be required for meetings, training, or other work-related activities.
- The role requires adherence to confidentiality and data protection protocols to safeguard sensitive information.
Suppose you are a proactive, detail-oriented professional with a passion for risk management and a drive to contribute to the success of a dynamic organization. In that case, we encourage you to apply for this exciting opportunity. Join us in making a significant impact through effective operational risk management while enjoying the benefits of a remote work environment.