Sumitomo Mitsui Trust Bank Limited New York Branch · 1 month ago
Risk & Control Analyst
New York, NY
Full-time
Hybrid
Mid, Senior Level
$75K/yr - $115K/yr
4+ years expSumitomo Mitsui Trust Bank Limited New York Branch is one of the largest asset managers in Asia, providing a broad spectrum of financial products and solutions. The Risk and Control Analyst role involves the proactive identification and mitigation of operational risks, administering Operational Risk and Control Self-Assessments, and contributing to the overall operational risk management framework.
Banking
Responsibilities
Coordinate and conduct Risk and Control Self-Assessment (“RCSA”)
Coordinate and conduct Vendor Risk Assessment, Model Risk Assessment, and Operational Risk Event (Business Continuity) Assessment
Conduct analyses of risk data to identify trends and potential areas of concern
Perform deep dives to assess the design and operational effectiveness of controls surrounding key technology and operations processes, and to identify remediation for gaps to mitigate risks
Challenge risks within scenario analysis
Maintain Risk Registers
Contribute to the New Product Approval process
Research regulatory changes and/or risk trends applicable to area(s) of coverage
Assist in various Operational Risk related projects and initiatives
Proactively contribute to the risk culture and overall awareness of operational risk and contribute to the creation and delivery of operational risk management training and/or workshop sessions
Prepare operational risk reports, schedule meetings, takes notes, prepare minutes, and maintain files for ORM department
Provide analysis and coordination for the ORM department
Provide challenges on key indicators and material operational risks
Identify emerging operational risks in the context of the regulatory and business operation environment and assure that measures are being taken to mitigate these risks
Serve as a subject matter expert for operational risk and control assessments, and independently prepare a comprehensive report
Facilitate accurate and appropriate reporting of operational risks to senior management
Analyze operational risk data (losses, metrics, or assessment results) to identify areas of excessive risk and to ensure that mitigation efforts are having the desired effect(s)
Perform other duties and responsibilities as assigned by management
Qualification
Required
Bachelor's degree or equivalent
A minimum of 4-5 years of prior operational risk management experience with a financial institution, including exposure to technology risk, information/cyber security risk, vendor risk and/or model risk management
Integrative thinking skills, basic risk management knowledge, good organizational, communication and influencing skills
Analytical and thorough approach to form defensible conclusions from risk assessments
Able to present to and respond effectively to internal and external stakeholders
Team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment
Able to be flexible and capable of prioritizing based on changing internal or external demands
Good computer skills in Microsoft Office including Excel, Word, and PowerPoint
Benefits
Paid Time Off
Medical
HSA
Vision
Dental
FSA
401(k)
Profit sharing
Legal plan
Cancer indemnity plan
Disability insurance
Life insurance
Employee assistance program
Commuter benefits
Business travel accident
Paid volunteer day
Paid memberships
Paid seminars
Tuition assistance
Company
Sumitomo Mitsui Trust Bank Limited New York Branch
Sumitomo Mitsui Trust Bank, Limited (SuMi TRUST) is one of the largest asset managers in Asia.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase