Associate, Financial Risk Oversight

OCC•Chicago, IL

2d•$56,300 - $85,200•Hybrid

About The Position

The Associate, Financial Risk Oversight provides support to department leadership by monitoring OCC’s adherence to risk tolerances, developing risk reporting, monitoring and challenging the effectiveness of OCC’s financial risk management framework, and supporting default management and recovery and wind-down oversight activities. The role collaborates closely with teams across Corporate Risk Management and with other OCC stakeholders, including Compliance and first-line Financial Risk Management.

Requirements

Basic understanding of securities/derivatives markets and risk management.
Ability to think creatively and present ideas clearly.
Strong attention to detail and problem-solving skills.
Experience designing and producing quality reports and presentations.
Strong interpersonal skills, including excellent written and oral communication skills.
Ability to interact and collaborate with all levels of the organization and across multiple departments.
Ability to manage tasks, projects, and deadlines and adapt to shifting priorities.
Ability to build broad-based business relationships across the organization.
Ability to work in a highly regulated environment, including with the SEC, CFTC, and Federal Reserve.
Proficiency in Microsoft Excel, Word, and PowerPoint.
Bachelor’s degree in Risk, Finance, Economics, Engineering, or equivalent.

Nice To Haves

Strong analytical skills, including data analytics and reporting.
Experience with Tableau.
At least 1 year of financial services, risk management, compliance, and/or audit experience.

Responsibilities

Assist in implementing risk management oversight activities to assess, monitor, and report on the adequacy and effectiveness of OCC’s management of financial risk.
Assist with enterprise risk assessments on first-line Financial Risk Management in coordination with the Operational Risk Management team, pursuant to OCC’s enterprise-wide Risk Management Framework.
Assist ORMC with maintaining risk inventories, taxonomies, and other elements related to financial risk management and compliance activities.
Develop an understanding of OCC’s enterprise risk and assist business units with governance issues and concerns.
Verify, analyze, create, and monitor key performance, risk, and control indicators to support management and board-level reporting across business units.
Identify, develop, and implement tools or methods to track and monitor financial risk.
Track and communicate identified audit and exam issues, as well as business-area self-identified issues and findings, to other Corporate Risk Management teams.
Understand OCC plans for mitigating default and non-default losses and assist in planning and testing tools that may be used during those loss events.
Understand OCC quantitative and qualitative reporting and assist in reviewing data for accuracy and consistency.
Assist with developing and maintaining department-level policies, procedures, job aids, and controls.
Support management with special projects and other assigned duties.