Title: Risk Analyst III
Duration: 11+ Months
Location: USA / ET
 
Story Behind the Need – Business Group & Key Projects:     
The Client's FinTech Compliance (MFTC) Legal Team is responsible for ensuring that the Client 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 that the Client's financial services products meet and exceed regulatory and board requirements.
 
Requirements
• 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
 
Deliverables
• 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
• 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)
 
Compelling Story & Candidate Value Proposition:   
Opportunity to be a part of the Client's legal family org to help ensure safe user usage across various platforms
 
Typical Day in the Role:            
Risk assessment
ADHOC reporting
Agile plug and play
Admin tasks
 
 

 
 
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 45.00/hr.