Principal Risk Specialist - Operational Risk Challenge & Advisory

Role                       : Principal Risk Specialist - Operational Risk Challenge & Advisory

Location               : Richmond, VA (hybrid)

Job Description

As a Principal Risk Specialist at client you’ll be responsible for working with business partners to identify and mitigate potential risks to client. You will be the front line of defense to ensure our Company remains stable and profitable.

Principal Risk Specialists in Operational Risk Challenge & Advisory (ORCA) are highly motivated 2nd line Risk Management professionals with excellent organizational and communication skills. They have a high level of exposure across lines of business and have the opportunity to create and implement innovative solutions to identify and mitigate potential risks to the Company.

Responsibilities:

Provide 2nd line effective challenge and advice to the 1st line on their execution of various risk assessment processes, including Risk and Control Self Assessments (RCSA), Process Level Assessments (PLA), Product Risk Assessment (PRA), Launch initiatives and others

Ensure results of effective challenge activities are properly documented and communicated, and perform detailed data analysis to identify risks, problem areas, and development/completion of remediation plans

Serve as subject matter expert to Business Risk Office (BRO) and Independent Risk Management (IRM) functions in the assessment of operational risk

Collaborate effectively across multiple organizations such as Operational Risk Management, Risk Oversight Programs, Enterprise Risk Management, Business Risk Offices, Internal Audit etc. to achieve objectives Build relationships and become a trusted advisor to the first line Business Risk Offices

Actively participates in team oriented efforts in Operational Risk Challenge and Advisory (ORCA)

Be proficient in Enterprise Risk Management’s Risk and Control Standards

Basic Qualifications:

Bachelor’s Degree or military experience

At least 2 years of experience in Risk Management, Audit, Finance, or Accounting

Preferred Qualifications:

Master's Degree 3+ years of experience in Risk Management, Audit, Finance, or Accounting

1+ years of experience in Process Management Certified Public Accountant (CPA), Certified Internal Auditor (CIA), or Project Management Professional (PMP)

Advanced skills in Google Sheets and Google Docs

Advanced skills in data analysis and data visualization tools (Tableau)