Operational Risk Supervisor

Company: MissionSquare Retirement
Location: Washington
Posted on: November 15, 2024

Job Description:

Join a great place to work with MissionSquare Retirement, a FINANCIAL SERVICES LEADER in public sector employee retirement products and services. Headquartered in Washington, DC, MissionSquare Retirement was founded to provide portable retirement benefits for city and county managers, enabling accumulated retirement assets to be transferred between employers. Today, MissionSquare Retirement serves more than 1.5 million participant accounts, and more than 9,000 retirement plans across the country. We have an extraordinary talent base and invite you to consider joining MissionSquare Retirement's Corporate Affairs team.

All potential candidates should read through the following details of this job with care before making an application.

The Operational Risk Supervisor supports MissionSquare's risk program through risk identification in partnership with business leaders, development of risk mitigation strategies, and the development of testing plans and periodic validation and testing of internal controls associated with mitigation activities.

Essential Functions for this role include:

Establish constructive relationships, cooperation and communicates effectively across a varied group of business lines and management levels to create a risk aware culture in line with the Enterprise Risk Management goals.
Lead assigned risk assessment engagements within the corporation including risk identification with key stakeholders, facilitating risk assessment reviews, and drafting comprehensive risk reports.
Coach and mentor, a team of professionals in the discipline of risk management and fraud prevention, including creating opportunities for the team to contribute to and learn from, the various risk management and fraud prevention engagements.
Lead the periodic validation and testing of internal controls relevant to MissionSquare's attestation reports such as SOC 1 and SOC 2.
Assist in the development of test plans for internal controls relevant to risk mitigation activities and CEUC's.
Lead the periodic validation and testing of internal controls implemented to remediate identified risks across the corporation ensuring alignment with the corporate risk appetite.
Lead the periodic evaluation, validation, and testing of internal CEUCs identified and implemented by the various vendor owners within the corporation.
Stay current on risk management and fraud prevention industry best practices and make recommendations for the continuous improvement of the ERM and fraud prevention programs.
Work with a team of professionals in all phases of fraud prevention and investigation ensuring that all aspects of the process are accomplished to the highest standards of quality, thoroughness, accuracy, timeliness, and objectivity in alignment with departmental standards and ACFE guidelines.
Assist the Chief Risk Officer and Senior Risk Manager in collating required data and information and drafting periodic risk-related reports for executive management and the Board of Directors.
Assist with or manage other projects as needed.

If you have the following skills, we encourage you to apply:

BA/BS or equivalent
Have 3+ years of experience in risk management, including performing risk assessments, risk tracking and reporting, controls evaluation and validation, and fraud investigation.
Experience in the financial services industry is a plus.
Knowledge and understanding of risk management
Experience with process ownership, development of metrics and monitoring of processes, development of new processes and / or frameworks
Ability to manage strictly confidential matters that require a high degree of discretion.
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Proven ability to build effective business partnerships with all levels of team members
Strong presence with the ability to influence, drive change, and resolve conflicts.
Strong analytical skills with high attention to detail and accuracy

Ability to implement a solution and communicate, in clear business terms, the benefits of the proposed risk management approach

Ability to exercise independent judgment to identify and resolve problems

Excellent verbal, written, and interpersonal communication skills

Ability to articulate complex concepts in a clear manner

To benefit your career and support your wellbeing, we offer:

Competitive Total Rewards (compensation and benefits) package, including 401(k) Plan with matching contributions
Varied incentive plans
Flexible/Hybrid work schedules
Wellness programs
Tuition reimbursement
Professional and career development courses
Mentoring programs
Volunteerism program

As a company, MissionSquare Retirement is an Equal Opportunity Employer. We strive to create an environment that reflects the value and diversity of our employees and fosters respect among them. We believe that talent from diverse backgrounds will further enhance our ability, and mission, to serve those who serve their communities.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or any other protected classifications under any applicable law.

Keywords: MissionSquare Retirement, Richmond , Operational Risk Supervisor, Other , Washington, Virginia