Junior RCSA Analyst - Risk & Controls

Join A High-Profile Risk Transformation Initiative

A leading global management consulting firm specializing in helping financial institutions navigate complex risk management, regulatory and business transformation initiatives is supporting a large-scale RCSA program, offering the opportunity to work on high-impact projects involving enterprise risk, controls and regulatory requirements.

Job Description

Support the execution and documentation of Risk & Control Self-Assessments (RCSA) across various banking functions. Assist with identifying and assessing operational risks, business processes and associated controls. Conduct process walkthroughs and support the development of process maps and risk and control documentation. Evaluate control design and effectiveness, identifying potential gaps and areas for improvement. Develop and maintain Risk & Control Matrices (RCMs), assessment documentation and supporting materials. Track control deficiencies, remediation plans and outstanding action items. Prepare reports, presentations and project deliverables for senior stakeholders. Collaborate with risk, compliance, audit and business teams to support program objectives.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

Experience in banking, financial services, management consulting or a related risk and controls function. Background in Operational Risk, RCSA, Risk & Controls, Internal Audit, SOX, Controls Testing or Risk Advisory. Understanding of risk identification, control assessments, process documentation or control testing. Strong written and verbal communication skills, with the ability to work directly with business stakeholders. Strong analytical skills, attention to detail and ability to manage multiple priorities. Comfortable working in a fast-paced consulting environment with evolving requirements. Proficiency in Microsoft Excel, PowerPoint and Word.

Preferred Qualifications: Previous experience supporting RCSA programs within a large financial institution. Experience working with global systemically important banks (GSIBs) or major financial services organizations. Exposure to regulatory remediation, process improvement or risk transformation projects. Familiarity with risk management platforms such as Archer, OpenPages or similar tools. Experience leveraging AI tools to improve documentation, reporting or operational efficiency.

What's On Offer

Competitive compensation of $45-$55 per hour, depending on experience. Long-term consulting engagement with potential for permanent conversion. Hybrid work arrangement in New York City (3 days onsite). Opportunity to contribute to a large-scale risk transformation program supporting a leading global financial institution. Exposure to experienced risk professionals, senior stakeholders and complex banking operations. Opportunity to build valuable experience across enterprise risk management, operational controls and regulatory initiatives.