at Early Warning Services in Chicago, Illinois, United States
Job Description
At Early Warning, we've powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle, Paze, and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses.
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment.
Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship.
Overall Purpose
The Operational Risk Monitoring and Controls Team is responsible for overseeing the operational risk and control framework for the company. The team partners with first line business teams to execute independent control testing validation, implement control processes and procedures, support various audit and compliance exams and organize the annual updates to business process Risk and Control Self-Assessments (RCSA), Risk and Control Matrices (RCMs) and process maps. The Validation Risk Manager performs an instrumental role in this 2nd line operational risk management program with responsibility for ensuring the quality of the control environment, supporting first line updates to RCSAs, RCMs and process maps and providing subject matter expertise to the business teams on a robust control testing and issues management program.
Essential Functions
Perform validation of identified controls to ensure adequate governance, evidence of execution, and appropriate monitoring and escalation across various business functions including operations, compliance, product and/or security.
Define and execute test scripts across various business functional areas, with the ability to target key controls that mitigate inherently high or critical risks.
Document validation results, prepare work papers to evidence validation methods, and draft final reports for customers summarizing validation results.
Ensure issues are properly reported with appropriate root cause analysis and action plans, and ultimately validate that issues have been appropriately addressed and/or remediated.
Perform and support detailed data analysis of activities to include trending and issue identification.
Identify emerging risks, process improvements, or areas for increased training through the analysis of results.
Responsible for building and maintaining relationships with business partners while adhering to the highest ethical standards required for independent validation. Support procedure reviews and document updates.
Develop communications (written and presented) to support findings.
Participate in special projects to identify opportunities for internal team efficiency gains and support the development and maintenance of team procedures and risk management tools.
Assist with compiling metrics for periodic reporting on team activities with key stakeholders.
Manage work across organizational lines to achieve results and manage competing priorities.
Support the company's commitment to risk management and protecting the integrity and confidentiality of systems and data.
Minimum Qualifications
Education and experience typically obtained through completion of a Bachelor's degree in Computer Science, Business Administration, Finance, Accounting or related field.
Four or more years of audit, operational risk or other risk management experience or four or more years testing and quality assurance experience, preferably with a financial institution.
Understanding of control frameworks and risk assessment analysis, including experience with Risk and Control Self Assessments.
Experience writing test scripts.
Project or process management experience.
Excellent written and verbal communication skills and ability to influence and guide others.
Ability to work in a small team environment, build and maintain a network of contacts and coordinate with a large number of stakeholders.
Strong relationship building skills.
Highly organized, detail oriented combined with excellent analytical and technical skills and the ability to prioritize and work under pressure and tight deadlines.
Demonstrated problem solving skills.
Proficient in Microsoft Excel and PowerPoint.
Background and drug screen.
Preferred Qualifications
Certification in one of CISA, CISM, CISSP, CCSP, CRISC, GSNA, CGIH, or equivalent.
Three or more years of security, security compliance, IT audit, information technology or related areas, which should include expertise in one or more of the following:... For full info follow application link.
Early Warning is an equal opportunity employer that takes affirmative action to employ, and advance in employment, qualified minorities, women, individuals with disabilities and covered veterans.
