Risk Analyst

Risk Analyst
Location: Fully remote- EST (U.S.)
Compensation: $45/hr (W2)
Schedule: Monday–Friday, 40 hours/week
Duration: 12-month contract (expected extension/conversion)
Target Start Date: December/January
Benefits: Medical, dental, vision paid vacation/sick leave, 401(K)

Job Overview:

The FinTech Compliance Legal Team is responsible for ensuring the company complies with various financial regulations, including sanctions compliance. This team plays a crucial role in managing and mitigating risks related to money laundering, financing of terrorism, sanctions, consumer protection, and other regulatory risks. They work to ensure the company's financial services products meet and exceed regulatory and board requirements.

Qualifications:

• Strong understanding of risk assessment methodologies and frameworks to ensure consistency and comprehensiveness
• Ability to operate independently with minimal instructions (e.g., proactively identifying tasks that need to be completed, project planning, following up on open items, etc.)
• Hands-on experience with executing risk assessments focusing on Independent / Enterprise Risk Management (e.g., documenting risks, reviewing actions plans and evidence, tracking mitigation, maintaining KRI/KPI, etc.)
• Experience developing and recommending qualitative / quantitative risk assessment and risk weighting methodologies, including aggregating risks and risk reporting
• Risk Reporting Experience with visual presentation of data and development of slide decks
• Experience working with multiple stakeholders in a fast paced environment
• Collaborate with stakeholders, including product teams, to ensure risk assessments are aligned with business objectives and strategic goals
• Conduct risk assessments across the risk domains, including but not limited to: Financial risk, Operational risk, Compliance risk, and Strategic risk

Responsibilities:

• Completed Risk Assessments, including risk identification, analysis, and mitigation recommendations, with a focus on fintech
• Risk Assessment Reporting, including data analysis, chats, graphics, and slide decks
• Tacking and time management of execution / risk assessments via internal reporting
• Risk assessment training and support for stakeholders, including risk assessment methodology and framework training
• Development and maintenance of risk assessment documentation and procedures

Must Have Skills:

• 6-7 years of experience
• Excellent communication and interpersonal skills, with the ability to communicate complex risk concepts to non-technical stakeholders
• Strong analytical and problem-solving skills, with the ability to analyze complex data and provide actionable insights
• Ability to work independently and as part of a team, with the ability to manage multiple projects and priorities
• Strong attention to detail and organizational skills
• Demonstrate proactiveness and ownership on follow-ups, ensuring timely responses and resolution of open items, and a willingness to learn

Nice to Have Skills:

• Fintech and technology companies risk management experience
• Experience working with product teams and understanding product development processes, with a focus on payment products and services
• Payments / Financial Services Industry Experience
• Knowledge of emerging technologies or Technical Programs (e.g., ChatGPT, Artificial intelligence (AI), Model Risk Management, AI Risk Management Framework / NIST)

Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Los Angeles Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, qualified applicants will be considered for assignment with arrest and conviction records. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness, meet client expectations, standards, and accompanying requirements, and safeguard business operations and company reputation.

#TM2