Associate, Operational Risk (Finance)

TL;DR

Associate, Operational Risk (Finance): Monitoring and reviewing fraud controls for business lines with an accent on data-driven risk analysis and control effectiveness. Focus on identifying gaps in fraud strategy, implementing remediation plans for operational risk events, and developing risk management metrics using large datasets.

Location: Salt Lake City, UT, United States

Company

A leading global investment banking and financial services firm.

What you will do

• Monitor and challenge proposed fraud controls for new and existing business lines to ensure risk mitigation.
• Analyze existing fraud capabilities and strategies to propose alternative controls and improvements.
• Collaborate with Consumer Operations and Fraud Investigations functions to identify process gaps.
• Use a data-driven approach to recommend effective identity theft and transaction fraud controls.
• Facilitate operational risk event management and ensure appropriate remediation plans are implemented.
• Develop risk management metrics to quantify the division's exposure to various types of fraud risk.

Requirements

• Master's degree with 1 year of experience OR Bachelor's degree with 3 years of experience in Economics, Finance, Accounting, Math, Stats, Engineering, or Information Systems.
• Location: Must be based in Salt Lake City, UT.
• Proficiency in SQL and data science tools (Python, R, or Spark).
• Advanced MS Office skills, specifically Excel (pivots, VLookups), PowerPoint, and SharePoint.
• Knowledge of financial fraud types, industry trends, and consumer/retail banking regulations.
• Experience with consumer financial products such as credit cards, lending, checking/deposit accounts, or investment products.