Job Information
Motion Recruitment Partners Risk and Control Analyst in New York, New York
Risk and Control Analyst
New York, NY
Hybrid
Contract
$91/hr - $98/hr
Grow your career as a Risk and Control Analyst with an innovative global bank in New York, NY. Contract role with strong possibility of extension or conversion to full-time employment. Will require working a hybrid schedule 3 days onsite per week.
Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 6+ Months
Required Skills & Experience
Bachelor’s/University degree.
Comprehensive and wide-ranging understanding of Risk Management protocols and expertise within multiple areas of Operations/Middle Office functions and how they interact to achieve the objectives of the function.
Familiar with Risk & Control compliance requirements for a global Markets business and able to provide advanced judgement/conduct in-depth quantitative and qualitative analysis to solve problems and develop new, innovative solutions.
SME level experience in risk management with a focus on Operations risk and controls (e.g. Margin, Settlements, Middle Office, Reconciliations, Trade Booking).
Proven track record of ability to recognize the issue and process weaknesses.
Proven track record ability to take a lead and drive control enhancements within Operations/Middle Office.
Strong ability to perform targeted “deep-dive” assessments.
SME level understanding of broad range of functions and processes across Operations/Middle Office risks and related controls, associated with Markets businesses.
Comprehensive understanding of control design and ability to independently perform controls effectiveness assessment.
Experience in project management implementation.
Experience in Legal entity chain.
Strong in presentation and documentation. Able to review documents and statements.
Strong market knowledge/market operations risk and controls.
Experience in monitoring and governing third party risk management/broker dealers.
Desired Skills & Experience
Certifications: CPA, ACA, CFA, CIA, ACCA, CISA or similar.
Experience in financial services.
Experience in planning, scoping and/or leading execution of Internal Audit, Compliance or First Line assurance projects.
What You Will Be Doing
Responsible for effective partnership with other groups to continuously enhance (design, implement, and deliver) global Operations processing risk control framework.
Lead efforts to ensure commitment made to regulators are met related to third-party risk.
Provide solutions to minimize Manual Touch points arising from Markets business activity.
Responsible for delivery of a small and large-scale risk programs and workstreams.
Responsible for daily monitoring of key ratings and indicators to determine whether Operations is operating within (or out of) Third-Party Risk Appetite.
SME level support in assessing End to End Risks and Controls design to determine gaps in Inter-Affiliate framework.
Identify control weaknesses & gaps, report results, raise Issues (as needed) and track to resolution by collaborating with Markets colleagues so that issues have corresponding implementable actions and ownership through to closure, whilst aiming for automation of enhanced controls, where appropriate.
Responsible for quality of reports including issues, overall control enhancements and action plans in collaboration with key business stakeholders.
Responsible for completing tasks within broader projects to agreed timescales, whilst keeping stakeholders up to date on progress and escalating any blockers.
Build and maintain an excellent relationship with other stakeholders.
Assist in creating and submitting timely Governance updates on progress against plan, key issues identified and escalating accordingly.
You will receive the following benefits:
Medical Insurance - Four medical plans to choose from for you and your family
Dental & Orthodontia Benefits
Vision Benefits
Health Savings Account (HSA)
Health and Dependent Care Flexible Spending Accounts
Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
Hospital Indemnity Insurance
401(k) including match with pre and post-tax options
Paid Sick Time Leave
Legal and Identity Protection Plans
Pre-tax Commuter Benefit
529 College Saver Plan
Motion Recruitment Partners is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Accommodation will be provided in all parts of the hiring process as required under Motion Recruitment Employment Accommodation policy. Applicants need to make their needs known in advance.
Posted by: Melissa Klein
Specialization: Business Analyst