Control Management Consultant

Job Description

A Fortune 500 financial services client is seeking a Control Management Consultant to support and enhance the operational risk and compliance management program for their consumer banking products, including Consumer Checking, Savings, CDs, and IRAs.

Details:

• Contract position through February 2025, potential to extend
• Hybrid 3 days in Lower Manhattan
• Full time, 40 hours a week
• Benefits Offered including Health, Vision, Dental, 401k, and more.

Responsibilities:

• Provide additional identification of risks throughout business processes and systems (along with business process owners)
• Facilitate Business Units in their risk assessments performance (e.g., Process Self Risk Assessments (PRSAs)) in addition to further assessments and testing / QA programs to ensure regulatory and internal standards are met (e.g., periodic PRSA reviews and update assessment criteria to align with regulatory updates)
• Manage control monitoring (supplemental to BU process owners testing) and compile key operational risk trends, activities, and events to senior management, to facilitate informed decision-making Manage categorization of controls and map against risks and processes (e.g., cross-BU process-control mapping)
• Advise BU with identification of risks and spotting areas where product changes or improved controls may be required within New Product Governance (NPG)
• Support risk management practices within the business
• Support sharing insights, better practices, themes, etc. across the enterprise

Qualifications

Desired Qualifications:   

• 5+ Years experience in operational risk management (e.g., within Risk and/or Internal Audit function)
• Prior financial services/GSIP experience required, along with experience supporting consumer banking products
• Understanding of critical operational risk management lifecycle activities  
• Excellent project management, communication, and interpersonal skills  
• Experience in process governance, with an understanding of processes that align with policies, regulatory frameworks, and/or operational standards  
• Robust analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively 
• Bachelor’s degree