Senior Associate, Risk

We are seeking an experienced First Line Risk Senior Associate with 2+ years of experience to join our IT Risk Team. The qualified individual will join a highly detail-oriented team responsible for providing strategic support in the Information Risk/Technology Risk area to the first line Risk Functions in the design, implementation and maintenance of the first line Risk programs and related policies & procedures. The First Line Risk Manager will have an active role in the development and implementation of enhancements to the overall first line IT Risk Programs, documenting risk and control self-assessments, conducting control tests, updating and tracking issues and providing management reporting to senior management and various committees/forums.

Key Accountabilities and Main Responsibilities

Strategic Focus

• Development of First Line Risk Frameworks - Contributing to the design and enhancement of risk procedures aligned with enterprise standards.
• Participation in Strategic Projects - Engaging in cross-functional initiatives like system implementations and regulatory efforts.
• Compliance with Risk Governance Standards - Ensuring alignment with CUSO Risk Framework and promoting a strong risk culture.

Operational Management

• Support RCSA Program Execution - Planning and executing Risk and Control Self-Assessments.
• Issue Monitoring and Remediation Coordination - Tracking and resolving open issues across risk domains.
• Policy and Procedure Management - Maintaining and updating risk-related documentation.
• Control Testing Execution - Performing and documenting control tests.
• Documentation & Reporting - Preparing reports and dashboards for transparency.
• Continuous Improvement - Recommending enhancements to controls and methodologies.
• Project Management Skills - Tracking progress and directing team efforts.

People Leadership

• Stakeholder Engagement - Collaborating with internal teams and communicating findings.
• Fostering team cohesion and performance.
• Strong presentation and communication skills - Communicating effectively across levels.
• Demonstrates leadership in team settings.

Governance & Risk

• Compliance & Standards Alignment - Ensuring adherence to internal and external standards.
• Experience in Operational Risk Management especially in Information/Technology Risk.
• Familiarity with industry frameworks - NIST, FFIEC, COBIT, ISO27002, OWASP.
• Preferred certifications - CISSP, CRISC, CISA, CISM.
• Issue Identification & Escalation - Identifying and escalating control deficiencies.

*The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.

Experience & Personal Attributes

Qualifications:

Educational and Professional Qualifications:

• Chartered Accountant / Master s degree in Business Administration, Commerce, Finance with minimum of 2 years of experience in in Operational Risk Management in Information/Technology Risk and operations / accounting within the financial services industry
• Experience in the Second Line of Defense (SLoD) is desirable.
• Strong understanding of risk assessment methodologies and experience in Financial Services, preferably in the Fund Services environment.
• Proven ability to demonstrate detailed knowledge of various operational risk types and understanding of internal control principles to support successful execution of risk programs
• Project management skills and ability to track project progress and direct/redirect team efforts

Personal Attributes:

• Strong and analytical and problem-solving skills and ability to lead a medium-sized team
• Support senior leadership in adoption and execution of accounting review standards and best practices.
• Ability to analyse, resolve and document problems and resolutions.
• Ability to work as part of a cross-cultural team.
• Strong organization and time management skills
• Continuous improvement focus, with the ability to identify risks, cost efficiencies, and operational improvements.
• Strong presentation and communication skills with ability to communicate clearly and effectively at all levels.
• Self-driven and motivated with a focus on operational efficiency and continuous improvement.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive health and wellness benefits.
• Opportunities for professional development and career advancement.
• Collaborative and inclusive work environment.
• Flexible working arrangements and work-life balance initiatives.
• Access to cutting-edge technology and tools.
• Employee recognition programs and team-building activities.