Risk Assessment Consultant
Michael Page
- Midtown, Manhattan, NY
- $135,189-155,988 per year
- Permanent
- Full-time
- Collaborating in the development, execution, and upkeep of Compliance risk assessments.
- Identifying potential risk factors across different assessments such as BSA/AML EWRA, OFAC EWRA, CCRA, Fraud, and ABC.
- Analyzing quantitative data to understand risk implications.
- Identifying internal controls pertinent to risk assessments.
- Working closely with Legal, Corporate Compliance, and other teams to identify relevant regulations and inherent risks.
- Initiating the identification, development, and mapping of controls and risk factors to business lines.
- Coordinating training sessions or workshops on risk assessment processes.
- Supporting Business Units and other departments in understanding BSA/AML, OFAC, Corporate Compliance, Fraud, and ABC risk-related requirements.
- Conducting initial reviews of Business Unit responses for all Risk Assessments.
- Analyzing Risk Assessment results and drafting comprehensive reports with observations, recommendations, and action plans.
- Collaborating with vendors on risk assessment solution requirements, where necessary.
- Demonstrating risk awareness by adhering to all policies, procedures, and internal controls.
- Promptly escalating identified risk issues to the Risk Assessment Officer.
- Bachelor's Degree
- 5+ years in BSA/AML, Sanctions, Corporate Compliance Role, Fraud and/or Anti-Bribery and Corruption Role
- 2+ years in a Risk Assessment support role preferred
- ACAMS, ACFCS, CFE or similar certification preferred
- Must have knowledge and familiarity with BSA/AML, Sanctions, Corporate Compliance, Fraud, and/or ABC laws, rules, regulations and best practices.
- Must be proficient in use of Microsoft Office (Word, Excel, PowerPoint).