Operational & IT Risk Analyst (Remote Possible)

Company: Equitable
Location: Charlotte
Posted on: June 25, 2022

Job Description:

At Equitable, our power is in our people.

We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

Equitable employs a "Three Lines of Defense" risk management model that spans all activities of the Company. The Risk Management function, along with the Compliance, Internal Financial Controls, and CISO functions, forms the Company's second line of defense. The Operational Risk Management (ORM) team is responsible for 2nd line risk oversight of operational and IT risks across the enterprise. We aim to be a partner for first line teams to promote sound risk thinking and mitigate operational risk throughout the organization. We work closely with many 1st line teams and 2nd line control functions in identifying, monitoring, and mitigating operational, IT, and information security risks.

ORM is an area that RM leadership has prioritized as an area to strengthen in an effort for RM to shape the priorities for our operations leaders. The Operational & IT Risk Manager will assist the Director of Operational Risk with management of the Company's Operational Risk program through executing a number of tasks related to risk identification, quantification, monitoring, and mitigation. This role offers the opportunity to:
Gain exposure to a variety of business areas, processes, and risk topics across the organization
Deepen or gain an understanding of operational and IT risk and risk evaluation frameworks
Support the strategic direction of the enterprise risk management function through (a) helping to shape and drive the operational risk program and (b) prudent review and oversight of enterprise operational risks


Responsibilities include:
Partner with 1st and 2nd line teams to identify and mitigate operational, IT, and information security related risks
Assist with maintenance and management of the Operational Risk Register to provide transparency into the key operational risks across the organization and enable effective monitoring and mitigation where necessary Identify and evaluate risk controls through the RCSA process and other control effectiveness evaluation techniques
Qualitative and quantitative assessment of individual risks through assignment risk ratings and calculation of economic risk capital


Facilitate risk workshops to aid in the identification of risks across the enterprise
Manage and facilitate the documentation of operational incident(s)
Partner with the IT & Information Security Risk to assist with the risk assessment, prioritization, and remediation efforts
Manage updates of operational risk-related program documentation including but not limited to policies, procedures, workflows, and reports
Assist with ad-hoc strategic operational risk projects and risk reviews


Candidates for this position may be able to work remotely from a home-based office.Skills required to ensure success include:

Business Acumen: Knowledge of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business; ability to apply this knowledge appropriately to diverse situations.

Collaborating: Knowledge of collaborative techniques; ability to work with a variety of individuals and groups in a constructive and collaborative manner

Decision Making and Critical Thinking: Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.

Effective Communications: Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

Results Orientation: Knowledge of the importance of meeting or exceeding established targets; ability to drive critical activities to completion

Process Management: Knowledge of business process improvement tools and techniques; ability to understand, monitor, update, control, or enhance existing business or work processes.

Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.

Additional Preferred Qualifications:
Bachelors Degree
3 years of experience working at an insurance or financial services company in Business, Operations, or IT
Working knowledge of Equitable's commercial business lines and product offerings
Understanding of insurance, financial, and IT risk management and mitigation techniques
Understanding of risk controls, corporate governance, and compliance
Knowledge of IT systems, networks, and Cloud Technology is a plus
Diligent, pro-active, resourceful and results-oriented
Critical and analytical thinking and pragmatic problem solving
Strong working knowledge of Microsoft Office Productivity Suite
Excellent oral and written communicator (in both prose and PowerPoint presentation formats)
Inquisitive and eager to learn
Comfortable working on a variety of tasks
Able to work both independently and collaborate well with other teams


ABOUT EQUITABLE

At Equitable, we're a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.

We turn challenges into opportunities by thinking, working, and leading differently - where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.

We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.

We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.

Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.

NOTE: Equitable participates in the E-Verify program.

If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.

Keywords: Equitable, Charlotte , Operational & IT Risk Analyst (Remote Possible), Professions , Charlotte, North Carolina