Job summary:
As a CCOR Risk Assessment Sr Associate within the Compliance, Conduct and Operational Risk organization that serves as the firm's second line of defense, overseeing Compliance, conduct, and operational risk, you will support the independent review and assessment of risks and controls across Lines of Businesses/CFs and processes to demonstrate sound operational risk management and regulatory compliance. Operating under the CCOR Framework, you will partner closely with cross functional teams leading activities and representing CCOR and supporting senior leaders in regulatory compliance matters. You will serve as a point of contact and help evaluate and identify Compliance related deficiencies through monitoring, risk management analytics, deep dive compliance reviews, and governance and reporting practices. Success in this role requires engaging with broad teams across 1LOD & 2LOD and building credible, trust based, collaborative relationships across Business, Controls, Risk, and Technology.
Job Responsibilities
- Work independently and as part of a team collaborating across lines of defense and functions (Business, Risk, Controls & Technology) assist with evaluations against the CCOR Risk Management Framework, coordinate tasks, and build strong working relationships with limited guidance.
- Identify opportunities to automate/enhance existing processes by leveraging AI/ML and improve efficiencies. Independently leverage AI/ML (Artificial Intelligence/Machine Learning) tools and data analytics to understand and evaluate business data and analyze business processes, and develop oversight routines for monitoring, detection, and reporting.
- Stay current on evolving compliance risks and regulations including understanding internal risk and control standards review product and process changes and provide timely input to the assessment of such risks as well as feedback on new and existing initiatives.
- Apply critical and analytical thinking to Compliance risk assessments and monitoring activities by reviewing regulatory developments, external/internal events, new business initiatives, CORE organization and/or processes changes to help identify trends and emerging risks .
- Manage end to end projects involving data analysis including data preparation (e.g. collect, clean, and structure data and perform basic validation and reconcile discrepancies) and execute descriptive analyses (e.g., trends, variances, simple cohort views) to summarize findings in concise slides or emails
- Assist in aggregating risks across processes and products to support a consolidated risk view synthesize results into draft reports documenting objective view of the Compliance environment, mitigation activities, and emerging risks. Preparing and delivering brief updates to management and senior CCOR stakeholders.
Required qualifications, capabilities and skills
- Qualified graduate with minimum of 8 years of experience in risk management, strategic data analytics, Technology product Lifecycle, or data science role exposure to banking functions such as Risk, Compliance, Legal, Controls, Audit, or Business Functions.
- Strong analytical, interpretive, and problem-solving skills with the ability to interpret data to monitor and uncover behaviors and trends.
- Deep understanding on CORE system, Risk Assessment Structure, Firmwide Policies/Procedures, Compliance Risk Management Framework & Monitoring.
- Knowledge on CORE modules including LERA, QORA, Taxonomy, ORM, PRC and M&A.
- Hands on experience in developing Technology products, Compiling business requirements, JIRA Framework, demand management & Stakeholder engagement.
- Strong written and verbal communication skills with high attention to detail.
- Demonstrated ability to learn quickly, manage multiple demands, and adapt to changing priorities.
- Selfstarter who can operate independently and takes ownership of deliverables while collaborating effectively with the broader team and senior management.
- Sound judgment and growing decisionmaking skills able to prioritize tasks and meet deadlines with limited guidance.
- Able to develop defensible analyses and recommendations builds effective partnerships across functions.
- Comfortable engaging with stakeholders at various levels on risk and control matters, escalating appropriately when needed.
Preferred qualifications, capabilities and skills
- Experience in Operational Risk, Compliance, Controls, or Audit within major financial services.
- Experience using AI/MLenabled tools to support analysis designing and developing products and summarizing findings into clear, actionable risk insights.
- Solid data fluency proficient with self-service analytics and data visualization tools (e.g., ThoughtSpot, Tableau, Excel) to support CCOR oversight able to collaborate with cross-functional partners and prepare materials-and, as needed, present updates to stakeholders & Management.
