Associate – Operational Risk Management (Non Financial Risk)

Operational Risk Sr AdvisorThe Operational Risk Senior Associate works to provide awareness and subject matter expertise on the organizations Enterprise Risk Management program framework and associated program policies. Under limited supervision, this job supports the management and oversight of business-aligned application development activities by providing advice to multiple teams and departments on how to implement and remediate necessary controls.Key Responsibilities And Duties

• Helps implement continuous improvement ideas to drive transparency and effectiveness of technology controls.
• Works with managers across the organization to support consistent adherence to Enterprise Risk Management programs.
• Coordinates with the business-aligned Risk and Compliance team to ensure the view of Cybersecurity and Technology controls is accurate and representative of all elements of business risks.
• Assists with other operational risk programs including business continuity, fraud, etc.
• Assists managers and other teams in assessment activities for new and existing business units to determine effectiveness and functionality.
• Works with Risk and Compliance team to ensure that the implementation of new programs includes the identification of risks and control weaknesses.
• May serve as a technology subject matter expert in multiple program disciplines, including Enterprise Risk Management programs.
• Coaches and reviews work of lower level professionals.

Qualifications

• 3 Years Required; 5 Years Preferred
• University (Degree), Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Preferred Education

• University (Degree)

Career Level7ICKey Responsibilities And Duties

• Ability to conduct business analysis, synthesizing data from multiple sources and present data to R&C Leadership and First Line of Defense (1LOD) business partners.
• Monitor 1LOD adherence with R&C program requirements.
• Support 1LOD in the identification, mitigation, monitoring and escalation of issues and risks.
• Create and compile materials for Risk Committee and Board meetings socializing appropriately with 1LOD and second line of defense (2LOD) partners.
• Assist in the develop of the overall framework to execute governance routines generating ideas to build efficiencies.
• Assist in creating written and metric-based reports and dashboards to highlight key operational risk and compliance issues, trends, and potential impacts.
• Execute ad-hoc projects as appropriate, managing tasks across multiple teams.
• Build relationships with key stakeholders and business partners supporting execution of initiatives.

Required Experience/Skills

• Bachelor’s Degree.
• At least 5 years of relevant experience in Risk, Compliance, Audit or Controls Monitoring.
• 5-7 Years of experience in the financial services industry.
• Advanced skills with Power Point to create executive level presentations.
• Proficiency with Excel, Word.
• Excellent organizational skills with the ability to work independently and manage multiple priorities.
• Ability to make effective decisions and develop creative solutions to ongoing issues.
• Proficiency with written and oral presentation skills.

Preferred Experience/Skills

• Project/Process Management (e.g. LEAN, Six Sigma).
• Experience with Archer GRC platform.
• Experience developing and drafting policies and procedures.

Related SkillsAnalytical Skills, Business Acumen, Business Process Understanding, Compliance, Conflict Management, Consultative Communication, Critical Thinking, Influence, Market/Industry Dynamics, Relationship Management, Risk Analysis/Analytics, Risk Monitoring_____________________________________________________________________________________________________Company OverviewTIAA GBS India was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA GBS India is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.Accessibility SupportTIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:Phone: (800) 842-2755Email: accessibility.support@tiaa.orgPrivacy NoticesFor Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.For Applicants of Nuveen residing in Europe and APAC, please click here.For Applicants of Greenwood residing in Brazil (English), click here.For Applicants of Greenwood residing in Brazil (Portuguese), click here.For Applicants of Westchester residing in Brazil (English), click here.For Applicants of Westchester residing in Brazil (Portuguese), click here.