Risk Review Senior Analyst - Remote

UnitedHealth Group•Draper, UT

14h•Remote

About The Position

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. The Optum Bank Risk Review Sr. Analyst will be responsible for participating in medium to large-scale risk review engagements to help support the execution of the Optum Bank risk review plan. This role reports to the Director of Risk Review and works with Bank stakeholders to complete review engagements focused on risk management processes. The incumbent will effectively document and communicate review fieldwork and findings. The Risk Review Sr. Analyst will work with the Risk Review team to define review scopes, perform process walkthroughs to assess the adequacy of key controls and develop/perform testing to assess control effectiveness. Reviews will include assessments of adherence with established policies, procedures and regulatory guidance. Key stakeholders include Credit Risk, Investments/Treasury, Finance/Accounting, Operations and Vendor/Affiliate Management. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week. You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Business or related field
3+ years of experience working in a bank or other financial institution with duties focused on credit reviews, process reviews/audits, internal audit, credit risk management, enterprise risk management, and/or bank balance sheet management
3+ years of experience working with bank risk management regulatory guidelines
3+ years of experience with a functional background in finance and accounting
3+ years of review work experience
Willing or ability to travel 10%25

Nice To Haves

Experience with commercial, consumer and/or small business lending/credit risk management
Experience with Commercial Real Estate lending
Experience with CCAR and capital stress testing processes
Experience with loss forecasting, balance sheet and liquidity models
Experience working in healthcare finance and/or healthcare deposits
Experience performing internal audit/credit reviews in a banking environment
Experience providing audit/consulting work for regulated banks
Bank regulatory experience or experience in assisting with regulatory examinations
Experience in developing/deploying detailed assessment data reports using programs such as Power BI, Power Query, Power Pivot, Excel, macros/VBA, MS Access, etc.
Proven ability to effectively collaborate and work with diverse stakeholders
Proven ability to communicate with impact and build consensus
All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy

Responsibilities

Execute risk reviews across key business units within the Bank to help identify control gaps across enterprise risk management and operational control environments
Develop/update review workpapers used to complete risk reviews
Perform walkthroughs of risk management processes/controls with process owners
Independently assess the accuracy and timeliness of credit risk ratings and impairment reserves
Participate in the preparation of reports summarizing conclusions, findings and corrective action plans for business owners and senior management
Provide effective challenge to existing risk management methodologies, policies and procedures
Participate in the management of follow up corrective action plans
Assist in documentation and updates of Risk Review policies and procedures
Develop and maintain collaborative working relationships with key stakeholders
Assertive self-starter, with solid verbal and written skills
Ability to analyze, manage and resolve complex issues with attention to detail
Ability to interpret governmental regulations, regulatory guidelines and manuals, and recommend appropriate policies and procedures to ensure compliance
Excellent people-management, project management, and interpersonal skills, including the ability to work well both individually and in a team (in person and virtual) environment across all organizational levels
Must be able to appropriately prioritize time and manage multiple tasks under tight deadlines
Demonstrate high integrity and excellent judgment
Able to work independently