Operational Risk-AVP

Atlas Search; New York (NY); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Atlas Search is seeking a Business Controls Associate or AVP in New York, NY with a hybrid schedule. You will help strengthen the firm’s 1st Line of Defense by designing and maintaining controls, SOPs, and governance materials.

You will analyze risk data, develop dashboards, and partner with Operations, Product, Analytics, Technology, Compliance, and Risk teams to drive remediation and improvements.

Qualifications

• 5+ years of experience in business controls or operational risk within financial services, fintech, or wealth management
• Experience with control testing, KRIs, issue management, and regulatory readiness
• Knowledge of 1LOD/2LOD responsibilities and governance
• Experience preparing executive-level presentations, dashboards, and committee materials

Responsibilities

• Design, document, and enhance business processes, controls, and SOPs
• Perform recurring control activities including testing, sampling, evidence collection, and quality checks
• Maintain control inventories and audit-ready documentation
• Monitor control execution, identify gaps, and track issues and remediation
• Develop dashboards, KRIs/KCIs, management reporting, and governance materials
• Analyze operational and risk data to identify trends, inefficiencies, and control weaknesses
• Conduct ad hoc analyses using SQL, Excel, and BI tools
• Support incident management, root-cause analysis, and remediation validation
• Partner with Operations, Product, Analytics, Technology, Compliance, and Risk teams
• Identify opportunities to standardize, streamline, and automate control processes
• Support audits, regulatory exams, and internal reviews

Skills

Analytical skills

Cross-functional collaboration

Executive communication

Process improvement

Tools

Excel

PowerPoint

SQL

BI tools

Job description

Business Controls Associate / AVP – Financial Services

Location: New York, NY | Hybrid

We’re seeking a Business Controls Associate or AVP to join a growing Business Controls & Governance team and help strengthen the firm’s 1st Line of Defense (1LOD) control environment.

What You’ll Do

• Design, document, execute, and enhance business processes, controls, and SOPs
• Perform recurring control activities, including testing, sampling, evidence collection, and quality checks
• Maintain control inventories and audit-ready documentation
• Monitor control execution, identify gaps, and track issues and remediation
• Develop dashboards, KRIs/KCIs, management reporting, and governance materials
• Analyze operational and risk data to identify trends, inefficiencies, and control weaknesses
• Conduct ad hoc analysis and deep dives using SQL, Excel, and BI tools
• Support incident management, root-cause analysis, and remediation validation
• Partner with Operations, Product, Analytics, Technology, Compliance, and Risk teams
• Identify opportunities to standardize, streamline, and automate control processes
• Support audits, regulatory exams, and internal reviews

What We’re Looking For

• 5+ years of experience in business controls, operational risk, operations, or data-driven operational roles within financial services, fintech, or wealth management
• Experience with operational risk and control frameworks, including RCSAs, KRIs, issue management, and control testing
• Understanding of 1LOD/2LOD responsibilities and control governance
• Experience preparing executive-level presentations, dashboards, and committee materials
• Strong analytical skills with the ability to translate data and risk insights into practical process improvements
• Strong communication and cross-functional collaboration skills
• Familiarity with regulatory frameworks and audit/regulatory readiness
• Basic knowledge of alternative investments and related operational workflows, including private equity, private credit, hedge funds, or real assets
• Proficiency with Excel and PowerPoint; SQL and BI experience strongly preferred

Why This Role

This is an opportunity to have significant ownership within a growing control environment, working directly with operational leaders and cross-functional stakeholders to improve risk management, governance, scalability, and operational resilience.

Hybrid schedule: Monday–Thursday in office, Friday remote.