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Operational Risk Business Analyst

Operational Risk Business Analyst

Motion RecruitmentGetzville, NY, US
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Job Description

Grow your career as an Operational Risk Business Analyst with an innovative global bank in Getzville, NY. Contract role with strong possibility of extension. Will require working a hybrid schedule 3 days onsite per week.

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\nJoin one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

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\nContract Duration : 11+ Months

Required Skills & Experience

  • 6-10 years of experience as a Risk-focused Business Analyst within the Financial Services / Investment Banking industry.

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  • Knowledge of Markets Operations businesses and functions is required.
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  • Excellent Excel, PowerPoint and process mapping skillsets required.
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  • Ability to work independently, multi-task, have great attention to detail and take ownership of various parts of a project or initiative.
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  • Able to lead conference calls and produce meeting agendas, materials, and minutes.
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  • Excellent analytical and problem-solving skills and ability to clearly document findings and put together proposals for solutions.
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  • Excellent communication and stakeholder management skills, with the ability to communicate to a range of audiences and facilitate discussions.
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  • Ability to work in fast paced environment under tight contractual deadlines.
  • Desired Skills & Experience \n

  • Strongly prefer knowledge & understanding of payments / movement of funds workflows and controls.
  • What You Will Be Doing \n

  • Provide Risk BA / PM support for global payments & movement of funds related projects, focusing on identification & documentation of payments / movement of funds activities.
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  • Identify in scope applications for payment / movement of funds activities, evaluate control environment & determine risk-based prioritization for any ensuing uplift requirements / opportunities.
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  • Determine impact and updates required in relation to SOX and MCA (Manager Control Assessment) activities.
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  • Perform root cause analysis of payment related Operational Risk Events and how these will be resolved through identified solutions, identifying any gaps requiring further solutioning.
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  • Support Ops SME’s in determining key business requirements for identification of payments / movement of funds flows. Identifying and documenting key data elements within processing systems to enable rules-based controls to be set for management of large and anomalous payments.
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  • Day-to-day management of individual project responsibilities including milestone setting, task and actions management, co-ordination, and execution of plan within required timelines and to stakeholder quality expectations.
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  • Support and manage business ad-hoc queries and requirements.
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  • Foster and maintain relationships with business and technology stakeholders and support engagement in working groups, steercos, and workshops where required.
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  • Identify key project risks, whether stated or not, and manage to resolution or escalate accordingly.
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