Risk Management Analyst
New York, NY, USA
Responsibilities
· Analyze current risks and identify potential risks that are affecting the company;
· Evaluate the company's previous handling of risks, compare potential risks with criteria set out by the company such as costs and legal requirements;
· Design and implement an overall risk management process for the company, including analyzing financial impact on the company when risks occur;
· Collaborate with team members in review of financial performance trends, ad-hoc analysis, and predictive modeling;
· Maintain knowledge of existing and developing laws and regulations related to the Company’s industry; assess and explain new requirements that affect the Company in terms of risk exposure;
· Responsible for preparation of monthly and quarterly reports, and certain compliance monitoring reports;
· Develop and implement contingency plans to manage business interruptions, volatile market events, and other emergencies;
· Assist with annual budgeting and monthly forecasting processes, engage in continuous process improvement efforts to streamline financial planning and budget management processes;
· Conduct policy and compliance audits, e.g. liaising with internal and external auditors;
· Build risk awareness amongst staff by providing support and training within the company.
Salary Range
$90,958 to $95,000
Requirements
· Bachelor's degree in Financial Risk Management or Risk Management.
· At least 2 years of work experience at same or related role, e.g., Business Analyst or Financial Analyst.