Summer Student - Operational Risk Management

VOYA Financial Inc.•Atlanta, GA

63d•$23

About The Position

Together we fight for everyone's opportunity for a better financial future. We will do this together - with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone's access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with - and those we acquire throughout our lives - are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision. Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage - Apply Now Getting to Know the Opportunity: Assist the Operational Risk Management team with various projects and day to day tasks while meeting business partners across the firms and attending various risk meetings to develop a solid undertaking of risk management best practices at Voya and across the industry. The individual will be provided opportunities to learn and interact with Risk team members as well as business partners across Voya IM.

Nice To Haves

Pursuing a bachelor degree in a related field
Functional knowledge on investments/financial markets
Strong analytical, written and communication skills
Self-motivator and able to work with several individuals on risk team
Good technical foundation on databases, programming languages

Responsibilities

Incident Management Data Entry and Analysis
Assist with compiling ad-hoc incident/Key Risk Indicator (KRI) reports and charts as requested by the business
Assist with drafting reports and presentations for Operational Risk related reports
Read through and understand the Operational Risk Management "ORM" Function/Team Overview and framework
Attend regular or biweekly team meetings with key members of the Risk team to continue to learn about the Risk function and how we interact with the business (Investment risk, Analytics & Reporting etc.)
Attend ORC Meetings as a guest and the Risk Bi-weekly meeting for learning & education opportunities.
Assist with updating IM BU Hierarchy incorporating recent organization announcements and operation model changes, if needed.
Assist with review and revisions to internal procedures, templates, etc., if needed.
Review inventory of BlackRock (BR) issues/action items that haven been open and outstanding for years that are not being addressed by BR (work with DIG and ORM contact Laali Al-Ali).
Assist with the analysis of ORM Risk Reviews completed over the years to determine risk areas that are due for review, leveraging the Atlas tool.
Assist with performing incident reconciliations between Webfocus and Archer.
Conduct Operational Risk Industry Trends & Research
Automation and Transition of KRI Dashboards , Incident dashboards
Other duties as assigned

Benefits

Health, dental, vision and life insurance plans
401(k) Savings plan - with generous company matching contributions (up to 6%)
Voya Retirement Plan - employer paid cash balance retirement plan (4%)
Tuition reimbursement up to $5,250/year
Paid time off - including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
Paid volunteer time - 40 hours per calendar year

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