Job Description
As a risk control specialist, you will be responsible for developing, implementing, and continuously improving comprehensive risk control strategies across all business operations. This role requires close collaboration with cross-functional teams to ensure alignment with organizational goals and regulatory requirements. You will also need to monitor and manage risks through advanced analytical tools, establish real-time monitoring systems, and implement automated alarm mechanisms to promptly address potential threats. Additionally, you will conduct rigorous quality checks on transaction data to ensure accuracy and compliance, while organizing and maintaining detailed documentation for audit trails and reporting purposes.
Key Responsibilities
- Assist in the development, implementation, and continuous improvement of comprehensive risk control strategies across all business operations.
- Monitor and manage risks through advanced analytical tools, establish real-time monitoring systems, and implement automated alarm mechanisms to promptly address potential threats.
- Conduct rigorous quality checks on transaction data to ensure accuracy and compliance, while organizing and maintaining detailed documentation for audit trails and reporting purposes.
- Collaborate with cross-functional teams to identify risk exposure points and design mitigation solutions tailored to business needs.
- Prepare risk assessment reports, analyze incident data, and provide actionable recommendations to enhance risk management frameworks.
- Stay updated on industry regulations, financial compliance standards, and emerging risk trends to ensure strategy relevance and effectiveness.
- Coordinate with IT departments to integrate risk monitoring systems with existing data infrastructure and ensure cybersecurity protocols are maintained.
- Participate in risk management meetings, contribute to policy development, and support decision-making processes through data-driven insights.
- Document risk management procedures, maintain version control for risk assessment models, and ensure transparency in risk reporting processes.
- Conduct periodic risk audits, identify gaps in current risk control measures, and propose enhancements to strengthen organizational resilience.
Job Requirements
- Bachelor's degree in finance, risk management, business administration, or related field; advanced degree preferred.
- Minimum of 3 years of experience in risk management, financial compliance, or data analysis roles.
- Proficiency in risk assessment methodologies (e.g., ISO 31000, Basel III) and familiarity with risk modeling software (e.g., SAS, RiskMetrics).
- Strong analytical skills with expertise in data visualization tools (e.g., Tableau, Power BI) and statistical analysis techniques.
- Excellent communication abilities to present complex risk findings to stakeholders and collaborate with teams across departments.
- Ability to work independently and as part of a team, with a strong focus on attention to detail and problem-solving capabilities.
- Knowledge of regulatory frameworks (e.g., GDPR, SOX) and experience with compliance documentation systems (e.g., SharePoint, DocuSign).
- Proficiency in Microsoft Office Suite (Excel, Access) and experience with SQL databases for data management tasks.
- Strong organizational skills to manage multiple risk projects simultaneously and maintain accurate documentation records.
- Preferred certifications in risk management (e.g., PRM, CRMP) or financial compliance (e.g., CFA, CPA) to demonstrate expertise.
- Ability to adapt to changing regulatory environments and implement updated risk control protocols as needed.
- Experience with risk management software (e.g., RiskWatch, RiskLens) and familiarity with enterprise risk management frameworks.
- Understanding of financial systems (e.g., ERP, banking software) and ability to analyze transaction data for anomalies.
- Strong ethical standards and commitment to maintaining data integrity and confidentiality in all risk management activities.
- Ability to develop risk mitigation plans, including contingency strategies and business continuity protocols.
- Experience with risk reporting standards (e.g., IFRS, GAAP) and ability to prepare compliance-ready risk assessments.
- Proficiency in risk management documentation templates and ability to maintain audit trails for regulatory submissions.
- Knowledge of risk appetite frameworks and ability to align risk strategies with organizational objectives.
- Experience with risk scenario analysis and ability to simulate potential risk impacts on business operations.
