Share this Job

Risk Analyst - Regulatory Compliance

Apply now »

Date: May 8, 2019

Location: San Juan, PR

General Description

 

This position is responsible for ensuring adherence to the governance of the established Popular’s operational risk framework and ongoing oversight/monitoring of business controls, including risk and control self-assessments, key risk indicators, operational and potential losses, identification and evaluation of controls effectiveness, identifying control failures, facilitating risk remediation and monitoring the first line of defense in an effort to minimize risk exposures and strengthen the overall control environment.. This position will report to Operational Risk supervisor.

 

Essential Duties and Responsibilities

 

  • Promotes a strong control culture and awareness of operational losses and controls across Popular.
  • Provides guidance in the execution of Risk Control Self-Assessments (RCSAs), translates control deficiencies into action plans and provides recommendations to enhance controls in alignment with operational risk frameworks.
  • Assist business units in performing risk analyses of their different processes and the identification of key risks and controls, as well as action plans to address any gaps and identifies opportunities to improve and strengthen the control environment.
  • Advises business units on the status of their control environment related risk identification and control weaknesses and escalates issues and findings to appropriate stakeholders.
  • Develop and conduct trainings to business unit’s liaisons on the various operational losses and operational risk topics.
  • Monitor adequacy of and compliance with mitigation and remediation plans adopted by the operational and business units.
  • Review the established policies, standards and guidelines to incorporate new guidelines and best practices used to assess the operational risks.
  • Perform root cause analyses on identified risk events to recommend improvements to prevent these risk events from re-occurring in future.
  • Analyze trends in the key risk indicators.
  • Analyzes data, including operational losses data, to calculate risks and outcomes.  Evaluates, in coordination with business units’ additional mitigation strategies and actions that need to be taken.
  • Prepare, generate and provide the information required for Operational Risk Committee, Risk Management Committee, and the Senior Management Team and Executives materials by the required due dates (scorecards, dashboards, metrics – KRI and adhoc reports).
  • Support business units and/or operational risk management in the discussion and resolution of audits’ recommendations

 

 

 

Minimum Education

 

Bachelor’s Degree of Business administration, Accounting, Finance or Industrial Engineer.

 

Experience

 

  • Preferable 3-5 years previous work experience in operational risk or related experience. 
  • Must be bilingual (English and Spanish) and be able to speak and write both languages fluently.

 

Other Qualifications

 

  • Risk Management background is essential
  • Strong project management skills.
  • Advanced PC skills (MS Excel, PowerPoint, SharePoint, Word etc.).
  • Ability to work with a high degree of accuracy and attention to detail.
  • Ability to work in a fast-paced environment both independently and in a team setting.
  • Strong organizational skills and ability to work on multiple projects.
  • Ability to manage and prioritize projects and changing deadlines
  • Ability to maintain confidential information.
  • Ability to design and provide trainings to users.
  • Ability to plan and coordinate with different internal users and external providers.
  • Strong business writing and verbal communication (and presentation) skills; in both Spanish and English.
  • Ability to communicate with all levels of the organization.
  • Customer service oriented.
  • Results oriented with sound decision-making ability.
  • Understanding of banking regulatory requirements.

 

 

 Competencies

 

  • Accountability
  • Analytical Discipline
  • Business Excellence
  • Change Agent
  • Character
  • Collaboration & Teamwork
  • Customer Centric
  • Self-Development

 

 

Popular Inc., is an Equal Opportunity Employer


Job Segment: Compliance, Regulatory Affairs, Law, Legal

Apply now »