Senior Risk Analyst

Summary

Join Octane®, a rapidly growing remote-first company, as a Senior Risk Analyst, Enterprise Risk Governance. You will play a crucial role in identifying, assessing, and mitigating various risks while ensuring compliance. Collaborate with key stakeholders, including Legal, Compliance, and Audit, to design and enhance risk management processes. This position demands a commitment to open communication, adherence to policies, and personal accountability. You will uphold a customer-first approach, fostering positive experiences. The role involves analyzing risks, investigating operational losses, and advising on corrective actions. You will also build relationships with internal teams and serve as an expert on cross-functional processes.

Requirements

• Bachelor’s Degree, JD, or equivalent experience required (related field preferred)
• Professional verbal and written communication skills and the ability to communicate with discretion and understanding when confidentiality is needed
• Must be analytical and possess ability to interpret and apply policies and regulations across a complex business
• Must proactively identify opportunities and take action to build trusting strategic internal and external relationships and networks
• Must be approachable, collaborative, and have the ability to influence others through interpersonal skills, thrive in a fast-paced dynamic environment, and be comfortable quickly shifting priorities on short notice
• Proficient in Microsoft Office suite required
• Ability to work with minimal supervision

Responsibilities

• Assists in execution of all risk programs required
• Key contributor to line of business RCSA’s
• Assists enterprise risk governance leadership with the development of complex strategies and the implementation of controls, policies, and procedures to increase effectiveness and efficiency
• Provides analysis to stakeholders related to the identification, assessment, control, monitoring, testing, and reporting of risks
• Investigates and assists in root cause analysis in instances of actual or potential operational loss
• Identifies the need for and collects information to better understand issues, problems, and opportunities; synthesizes information from a variety of sources; and detects trends, associations, and cause-effect relationships
• Leverages expertise and stays informed of industry best practices and regulations to ensure compliance with all applicable laws, standards, and requirements, including, but not limited to, cfpb heightened standards
• Supports the resolution of internal audits, compliance, or risk management related issues that could impact the classification, availability, or integrity of data or processes
• Highlights control breakdowns, inadequate processes, and unexpected events. advises on corrective actions in partnership with line of business leadership to address process and control deficiencies
• Builds effective relationships with other second lines of defense (such as Legal, Compliance, Enterprise Risk)
• Serves as an analytical and procedural expert to peers on cross-functional processes or project deliverables
• Assists in identifying operational risks in accordance with the erm framework, ensuring that adequate internal controls are in place to mitigate risks of all types
• Partners with support Functions or risk experts to identify applicable enterprise and risk appetite indicators and determine which will be designated "key"

Preferred Qualifications

• Master’s degree in relevant field preferred
• 5+ years of financial services industry, risk, business controls or compliance experience preferred, ideally in banking or fintech lending and servicing

Benefits

• Robust Health Care Plans (Medical, Dental & Vision)
• Generous Parental Leave
• Up to 5 weeks time off (self managed)
• Retirement Plan (401K) with company match
• Educational Assistance/Tuition Reimbursement up to $3K/year
• Life Insurance (Basic, Voluntary & AD&D)
• Short Term/Long Term Disability
• Robust Ancillary benefits including accident insurance, hospital insurance etc
• Powersports Safety Benefit
• Wellhub (Gympass) Wellness Benefit