Risk & Controls Analyst (People & Culture)

We are currently seeking a Risk & Controls Analyst (People Services) to join our team.

The Risk & Controls Analyst protects their appointed business area from significant operational and regulatory risks. This role monitors, reports on and ensures compliance with the operational risk management (ORM) and regulatory compliance programs within their respective business area, utilizing FW risk management frameworks, tools and templates. The Analyst will work closely with Risk.

Here’s what would be included as a part of your typical day

• Process Control Development : Identifies, builds and documents processes within respective business unit, develops action plans if needed and ensures they are managed in accordance with risk management policies. Builds internal control framework. Ensures processes are appropriately mapped and documented for key activities. Ensures required controls for all dependent processes in their respective business unit are functioning and monitored effectively, and escalates, and redresses performance outside established risk tolerances in a timely manner. Establishes RACI tables for department.
• Risk Assessments and Mitigation : Works closely with respective business leaders to facilitate risk and control self-assessments (RCSA), periodically, develops key risk assessment reports, and presents findings and recommendations. RCSA’s may include new or revised PGPPs, key activities and processes, projects or initiatives, third parties, fraud and / or product and services. Ensures all teams refresh and test business impact analysis and business continuity planning at least annually, and team mandates are up to date.
• Risk Mitigation : Ensures findings and observations from internal and external audits, RCSAs and control validation reviews are addressed in a timely manner. Develops or updates controls to address risks that are not adequately mitigated. Establishes monitoring program for key controls. Establishes reporting on operational risk assessments to FWLT leader of the department.
• Risk Training : Provides risk management training to all teams within the department. Acts as the primary contact for operational risk within their respective business unit.

Required Skills, Experience & Qualifications