Senior Risk & Compliance Analyst
- Oakland, CA
- $102,000-139,700 per year
- Permanent
- Full-time
- Provides compliance and risk management expertise to assigned LOB Department(s)
- Applies advanced knowledge to help evaluate requirements, assess risk, monitor compliance and assist department to develop effective remediation plans based on root causes
- Collaborates with leadership on development and maintenance of the risk register for their business unit
- Develop and maintain risk and compliance program inventory, forms, standards, procedures, and other program documents
- Develops and facilitates reviews and updates associated with publications of the organization’s guidance documents
- Supports the organization in managing the updates and creation of applicable standards and procedures
- Provide leadership and insight evaluating control deficiencies in accordance with the company’s framework for evaluating control exceptions and deficiencies to conclude potential impact to the company
- Identifies and evaluates compliance risks and facilitates the mitigation of identified risks
- Provides advice to assigned department(s) to facilitate the design and implementation of effective controls to mitigate the risk and manage compliance requirements; evaluates and documents alternatives and make recommendations to compliance owners
- Documents internal controls and assists with the development and execution of control test plans, including design and operating effectiveness
- Facilitates the identification of new and changing requirements – helping the assigned business unit to research and document new compliance requirements affecting Department(s) and works with diverse organizations to confirm ownership and implement/document controls framework, using LOB risk and compliance processes and systems
- Understands, or can train to understand, the workings of the MetricStream system for the purposes of monitoring/working within the Inventory and Guidance Document best practices of the program
- May identify and monitor operational risks for assigned department(s); ensures effective risk management framework is implemented for identified operational risks
- Develops and coordinates preparation of presentation materials for various levels of management up to and including VP
- Understands and executes nonconformance management and noncompliance remediation activities in support of the corrective action program and mitigation plans
- Presents findings and makes recommendations to functional management and directors
- Bachelor’s degree in any of Management, Risk and Insurance, Business, Accounting, Finance, or related discipline; or equivalent experience
- Requires a minimum of five years of experience in risk or compliance management, utility operations or related field
- Master’s degree or equivalent experience
- Certified Compliance and Ethics Professional (CCEP), Leading Professional in Ethics and Compliance (LPEC), Certified Risk Management Professional (RIMS-CRMP), or other compliance/risk related certification as applicable
- Advanced research and issue resolution skills
- Able to present analysis and evaluation results and output in a cohesive, understandable, and actionable format to department management
- Understands programs, policy, and compliance requirements and to advise on business impacts
- Ability to identify and assess compliance and business risk
- Ability to solicit and integrate information from a variety of sources
- Ability to lead root cause analysis
- Demonstrates advanced understanding of regulatory policy and compliance concepts
- Strong client focus
- Understands the company and regulatory organizational structure and how to interact with and utilize available contacts and resources
- Comfortable with ambiguity and making educated and informed recommendations based on minimal data
- Able to develop effective controls for compliance that are integrated into normal work process
- Can evaluate existing controls for effectiveness and provide recommendations for controls enhancement