Enterprise Risk Management – Business Control Associate

Jobtailor; Town of Florida (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Jobtailor is seeking a seasoned risk management professional to support the Business Control & Risk Management team in executing the Enterprise Risk Management framework within a complex financial services environment.

The role emphasizes risk assessment, control testing, and coordination with Second Line of Defense to ensure policy adherence and timely remediation. Strong collaboration and regulatory knowledge are essential for success.

Qualifications

• Bachelor’s degree in a related field or equivalent demonstrated through work experience, training, military service, or education.
• 5+ years of experience in risk management, internal controls, auditing, credit management, or regulatory functions.
• Experience supporting risk projects across multiple business lines in financial services.
• Knowledge of the financial services sector, especially retail banking and risk management.
• Advanced understanding of the regulatory environment and how LOD teams view risks.
• Ability to collaborate with executives and influence line-of-business leaders.
• Understanding of BSA/AML and OFAC regulations and industry practices.

Responsibilities

• Assist the Business Control & Risk Management team in driving execution against the ERM framework.
• Identify and assess key risks and control effectiveness throughout the assigned business line.
• Drive adherence to risk frameworks, policies, and standards.
• Assist with risk initiatives, including risk assessments and KPI development.
• Partner with Second Line of Defense and review frameworks, policies, and standards.
• Facilitate awareness and adherence to risk frameworks and validation requirements.
• Monitor risk sources within the business line and external environment.
• Conduct RCSA responsibilities including process mapping and risk/control matrices.
• Implement and maintain internal control testing and monitoring of control effectiveness.
• Validate controls, identify root causes, and remediate deficiencies.

Skills

Risk Management

Internal Controls

Regulatory Compliance

Project Management

Analytical Problem-Solving

Education

Bachelor’s degree

Tools

Heracles Data

Risk Frameworks

Corporate Policies

Business Line Standards

Job description

• Assist the Business Control & Risk Management team in driving business-line execution against the Enterprise Risk Management Framework


• Identify and assess key risks and control effectiveness throughout the assigned business line


• Drive adherence to applicable risk frameworks, Corporate/Business Line policies, and standards


• Assist with business-line risk initiatives, including risk assessments, KRI/KPI development and monitoring, and timely issue remediation


• Partner with Second Line of Defense teams and review frameworks, policies, and standards


• Facilitate business-line awareness of and adherence to risk frameworks, policies, standards, and issue-validation requirements


• Monitor sources of risk within the business line and external environment


• Conduct RCSA responsibilities, including process mapping, risk and control matrices, inherent risk assessments, internal control testing, and Heracles data/input


• Implement and maintain internal control testing and control-effectiveness monitoring


• Validate controls, elevate deficiencies, and identify root causes of control weaknesses


• Support implementation of the Control Performance Indicator framework and document metric details


• Liaise on regulatory examinations, Internal Audit, and Credit Risk Review activities


• Review materials and responses and validate remediation work, artifacts, and action plans


• Support training and guidance for stakeholders and promote risk-framework awareness

Requirements

• Bachelor’s degree in a related field or equivalent demonstrated through a combination of work experience, training, military service, or education — Required


• 5+ years of experience in risk management, internal controls, auditing, credit management, a relevant line of business, and/or legal or regulatory functions — Required


• Demonstrated experience supporting and/or leading risk projects across multiple business lines offering a broad range of financial services products and services — Required


• Knowledge of the financial services sector, particularly competitive dynamics and products in retail banking and risk management


• Advanced understanding of the regulatory environment and how Second Line of Defense teams and regulators view the risks of the bank’s products and services


• Ability to build credibility with, collaborate with, and influence line-of-business executives


• Excellent analytical and complex problem-solving skills


• Strong project management skills


• Ability to work constructively independently and collaboratively with all levels of management and employees


• Ability to collaborate with internal and external service providers to establish resource requirements, schedules, assignments, and service levels


• Ability to build internal and external networks of information resources within the risk management ecosystem


• Understanding of BSA/AML and OFAC regulations, regulatory expectations, and industry-leading practices


• Ability to deliver high-quality documentation with strong attention to detail


• Risk certification — Preferred


• Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment

Core Competencies

Demonstrates expertise in risk management and internal controls, with a strong focus on regulatory compliance and the ability to lead risk initiatives across financial services. Proficient in analytical problem-solving, project management, and fostering collaboration within the risk management ecosystem.

Highest-signal resume keywords

• Risk Management


• Internal Controls


• Regulatory Compliance


• Project Management


• Analytical Problem-Solving

Hard Skills

• Risk Assessment


• Control Effectiveness Monitoring


• Process Mapping


• Risk and Control Matrices


• Internal Control Testing


• KRI/KPI Development


• Issue Remediation


• Control Performance Indicator Framework


• BSA/AML Regulations


• OFAC Regulations

Soft Skills

• Collaboration


• Influencing


• Credibility Building


• Attention to Detail


• Constructive Independence

Certifications & Qualifications

• Risk Certification

Industry Keywords

• Financial Services


• Retail Banking


• Second Line of Defense


• Regulatory Environment


• Credit Management

Tools & Technologies

• Heracles Data


• Risk Frameworks


• Corporate Policies


• Business Line Standards