Job Description:

The Compliance and Operational Risk (C&OR) Analyst assists the C&OR teams, under close supervision, in activities that provide independent compliance and operational risk oversight of a Front Line Unit or Control Function (“FLU/CF”) in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively “the Policies”) and the Compliance and Operational Risk Management (“CORM”) Program and Standard Operating Procedures (SOPs).

The C&OR Analyst assists in engaging other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage (“EAC”), to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The C&OR Analyst assists in preparing materials for C&OR regulatory exams/audits/inquiries.

The C&OR Analyst is accountable for assisting the C&OR team in the proactive identification, management and escalation of compliance and operational risks through assisting in the execution of some or all of the following activities:

• Assists in the development of independent risk management reporting for respective area(s) of coverage as input into governance and management routines
• Contributes to the oversight of FLU/CF training which may include tracking and communication of completion rates
• Assists with the development and maintenance of C&OR-owned policies and standards and/or the oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable
• Supports the maintenance of a comprehensive regulatory inventory and supports the regulatory change management process
• Contributes to the identification, aggregation, reporting and performing thematic analysis on FLU/CF-owned issues and control enhancements
• Assists in remediating C&OR “owned” issues and control enhancements
• Supports execution of independent risk monitoring, testing, and risk assessments
• Assist with the reviews and challenge of the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessments (RCSA)
• Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls
• Assists with the development of risk metrics, monitors related performance and breach remediation

Required Skills: Minimum Years Business & Functional Experience: 3 Years
Degree Required: Bachelor’s Degree or equivalent

Shift:

Hours Per Week: