Operational Risk Consultant

Lincoln Financial•Radnor, PA

2d•$72,900 - $131,600•Hybrid

About The Position

In this role, you'll play a key part in strengthening our operational risk framework by mapping procedural controls to risk scenarios, analyzing complex data, and documenting process flows in partnership with subject matter experts. You'll consult with stakeholders across the organization to identify control gaps, recommend best-practice solutions, and ensure key controls support regulatory and financial reporting obligations. Acting as a trusted resource on complex projects, you'll also champion process improvements and emerging industry trends that drive meaningful change across the enterprise.

Requirements

4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) (Minimum Required)
3 - 5+ Years of experience in operational/business risk management/audit in the insurance and/or financial services industry directly aligned to the specific responsibilities for this role (Required)

Responsibilities

Maintains and maps key procedural controls to defined risk scenarios for each operational risk category and documents process flows as defined through interviews with subject matter experts.
Compiles, analyzes and interprets more complex data, processes, metrics and other relevant information associated with assessing and evaluating the control environment.
Prepares and effectively presents reports and other status updates to support the operational risk function.
Consults and engages with key stakeholders to provide a control analysis for more complex activities and recommends strategies for closing gaps based on industry best practices.
Documents and tracks risks, mitigating controls and control improvements.
Collaborates effectively with stakeholders and leaders in applicable functions ensuring key controls are adequate for regulatory and financial reporting processes and process owner obligations are met.
Develops project plans, meeting agendas and updates applicable system(s).
Maintains knowledge on current and emerging developments/trends, assesses the impact, and collaborates with management to incorporate new trends and developments in current and future solutions.
Champions and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives.
Serves as a resource to team members and applicable internal/external stakeholders on more complex assignments/projects.
Identifies and recommends process improvements that significantly reduce workloads or improve quality.
Consults/Analyze on more complex assignments and/or projects.