Senior Associate

About This Role

This Senior Associate role in the Credit and Financial Risk Management (CFRM) Risk Office is for a highly motivated professional ready to apply critical thinking, analytical, risk, communication, and process management skills. You will contribute to CFRM’s overarching risk management strategy by providing counsel, thought leadership, and driving execution across various risk management initiatives. The role involves identifying, tracking, and reporting on trends for issues related to CFRM’s governance and oversight processes, working with leaders across CFRM and Business Units.

Responsibilities

• Understand CFRM’s strategy and contribute to its evolution over time
• Understand how CFRM executes its responsibilities and help effectively communicate those activities
• Assist in managing engagements, including internal audits (from the side of the Auditee) impacting CFRM
• Assist in facilitating risk assessments and related activities (Critical Business Process Identification, Process Level Assessments, Risk and Control Self-Assessments, Control Testing, etc.), providing counsel, advice, challenge, and driving outcomes
• Provide thought leadership and guidance to business partners on implementing control enhancements to elevate risk controls
• Build an understanding of the changing regulatory environment, analyze business environment trends, and evaluate their impacts to overall Risk Management within CFRM
• Leverage industry benchmarking, AI-powered tools, and best practices to automate workflows and drive continuous process improvements across Business as Usual (BAU) operations
• Analyze data to proactively identify risks, trends, and process management improvements
• Oversee issue management by monitoring issue remediation, tracking, and closure across CFRM governance processes
• Effectively collaborate with CFRM Risk Advisors, business stakeholders, and other risk management professionals across all three lines of defense (e.g., Business Risk Office Partners; Audit; Enterprise Risk Management (ERM)) through various risk programs and engagements
• Assist in execution of special projects and engagements in collaboration with the overall Risk Management Team and Leadership

Requirements

• Bachelor’s degree or military experience
• At least 2 years of experience consulting, auditing, or working in the fields of model and data, or risk management

Nice to have:

• 3+ years experience consulting, auditing, or working in the fields of model and data, or risk management
• 2+ years experience interacting or engaging with internal audit or federal regulators
• Experience in a second-line or oversight role at a financial institution or regulatory agency
• Excellent written and verbal communication and organizational skills