Business Control & Risk Management Associate

Overview Apex Systems is a world class services business that incorporates industry insights and experience to deliver solutions that fulfill our clients' digital visions.Job Title: Business Control & Risk Management Associate | Location: Remote USA | Term: 6+ MonthsThe Business Control & Risk Management function operates within the First Line of Defense and supports the Business Control & Risk Management team in driving effective and consistent execution against the Enterprise Risk Management Framework. The Associate identifies and assesses key risks and control effectiveness across the business line, driving adherence to risk frameworks, policies and standards. The role also supports risk initiatives such as risk assessments, KRI/KPI development and remediation of issues, and requires effective partnership with key stakeholders.Responsibilities Promote risk culture by ensuring awareness of risk frameworks, policies and standards within the Business Line.Develop relevant metrics, deliver accurate data, and maintain two-way communications with the SLoD (Segregation of Duties/Second Line of Defense).Facilitate training for Business Lines to raise awareness of risk frameworks, programs and processes.Ensure adherence to risk frameworks, policies and standards; provide input and review of frameworks as needed; validate issues and drive Business Line corrective actions.Monitor all sources of risk in the Business Line and externally; identify and assess risks (operational, strategic, reputational, regulatory, and model risks) and continually improve controls.Monitor and report on Key Risk Indicators (KRI) and adverse trends; maintain risk profile within the agreed risk appetite.Lead Issue Identification, Management and Risk Assessment activities (RCSA), including process mapping, risk & control matrices, and internal control testing.Collaborate with process owners to identify and remediate risks; ensure timely resolution of issues (Self-Identified, IA, Regulatory).Oversee internal control testing and validation of control effectiveness; escalate deficiencies as appropriate.Support the implementation of KRI frameworks and related metric documentation and submission processes.Coordinate exam-related activities with the Business Line (regulatory, Internal Audit, Credit Risk Review).Must-Have Requirements 5 years of experienceDemonstrated experience supporting and/or leading risk projects across multiple business lines with financial services productsKnowledge of the financial services sector, including retail banking products and risk managementAdvanced understanding of the regulatory environment and how risks are viewed by the Second Line of Defense and regulatorsExcellent analytical and problem-solving skillsUnderstanding of BSA/AML and OFAC regulations and industry best practicesAbility to collaborate with internal and external service providers to establish resources, schedules, and service levelsAbility to build networks within the risk management ecosystemAbility to produce high-quality documentation with attention to detailStrong project management skillsEEO Statement Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with applicable law. If you require an accommodation in using our website for search or application, please contact our Employee Services Department at [emailprotected] or 844-463-6178.#J-18808-Ljbffr