Senior Operational Risk Analyst – Finance

RiskSpan•Washington, DC

6d•Hybrid

About The Position

RiskSpan is a leading source of analytics, modeling, data, and risk management solutions for the consumer and institutional finance industries. We partner with banks, mortgage-backed and asset-backed securities issuers, portfolio managers, servicers, and regulators to solve complex challenges in market risk, credit risk, operational risk, and financial technology. We are seeking a Senior Operational Risk Analyst to support a key financial client in enhancing its Operational Risk Management Framework (ORMF) within the Finance Division. This role focuses on assessing operational risks, mapping processes, evaluating controls, and supporting remediation activities across controllership, accounting, reporting, forecasting, and other core finance functions. This is a client-facing contractor role with a requirement to be onsite 3–5 days/week in Washington, DC or Reston, VA.

Requirements

4+ years of relevant experience in operational risk, internal controls, audit, or financial process improvement.
Hands-on experience with RCSAs, process mapping, and control documentation, preferably within a Finance or Controllership environment.
Strong understanding of core Finance processes: close, reporting, reconciliations, and accounting operations.
Familiarity with regulatory frameworks like SOX or ICFR.
Proficiency in Microsoft Office tools (Excel, PowerPoint, Visio)
Strong analytical, communication, and organizational skills with excellent attention to detail.

Nice To Haves

GRC platforms (e.g., Archer, MetricStream) preferred.

Responsibilities

Conduct Risk and Control Self-Assessments (RCSAs) across finance processes, identifying key risks and evaluating control design and effectiveness.
Facilitate RCSA workshops with process owners and stakeholders to validate risk/control environments and identify enhancement opportunities.
Maintain RCSA documentation consistent with client enterprise risk and audit standards.
Develop detailed process maps, narratives, and risk/control documentation across areas such as: General ledger and sub-ledger accounting, Financial close and consolidation, Regulatory and management reporting, AP/AR and expense management
Align documentation with enterprise taxonomies, policies, and risk standards.
Identify control deficiencies via assessments and audits.
Conduct root cause analysis and recommend effective remediation strategies.
Monitor and validate remediation plans to ensure closure and compliance.
Support the development of Key Risk Indicators (KRIs) and other metrics specific to Finance.
Prepare dashboards, summaries, and presentations for Finance leadership and risk governance committees.
Provide input on improving the operational risk framework within Finance.
Work closely with Accounting, Financial Reporting, Enterprise Risk, and Internal Audit teams.
Provide SME-level support on risk mitigation best practices and control design.
Participate in Finance risk governance forums and contribute to reporting cycles.