Summer Student - Operational Risk Management

Voya Financial•Atlanta, GA
•Hybrid

About The Position

This position is part of Voya Investment Management’s Summer Student Program, which gives students firsthand experience in the investment management industry while working alongside professionals across the organization. The Operational Risk Management Summer Student assists the team with projects and day-to-day activities while developing an understanding of operational risk management practices at Voya and across the industry. The role offers opportunities to collaborate with Risk team members, meet business partners, and participate in risk meetings and educational discussions. The role is based in Voya’s Atlanta office, with expected onsite presence averaging up to two days per week to support team and business priorities. The student will contribute to incident management and reporting, operational risk reviews, procedure updates, industry research, and the automation and transition of Key Risk Indicator and incident dashboards.

Requirements

  • High school diploma or GED.
  • Currently pursuing a bachelor’s degree in finance or a related degree.
  • Strong analytical, written, and verbal communication skills.
  • Self-motivated, with the ability to collaborate effectively with multiple members of the Risk team.
  • Ability to manage assigned responsibilities while maintaining strong attention to detail.
  • Interest in operational risk management, investment management, financial services, or a related field.

Nice To Haves

  • Foundational knowledge of databases, programming languages, or data-analysis tools.
  • Experience using Microsoft Excel and PowerPoint to organize information and prepare reports or presentations.
  • Interest in data analysis, dashboard automation, process improvement, or risk reporting.
  • Ability to learn new systems, including risk management and reporting tools.

Responsibilities

  • Support incident management data entry, analysis, and reconciliation activities.
  • Assist with compiling ad hoc incident and Key Risk Indicator reports, charts, and dashboards requested by the business.
  • Help draft Operational Risk Management reports, presentations, and other materials.
  • Review the Operational Risk Management function overview and framework to understand the team’s responsibilities and processes.
  • Attend team meetings with Risk professionals to learn how Operational Risk Management works with areas such as Investment Risk, Analytics, and Reporting.
  • Participate as a guest in Operational Risk Committee meetings and biweekly Risk meetings for learning and professional development.
  • Assist with updating the Investment Management business-unit hierarchy to reflect organizational announcements and operating-model changes, as needed.
  • Support review and revision of internal procedures, templates, and related materials, as needed.
  • Review the inventory of longstanding BlackRock issues and action items in partnership with Digital Investment Group and Operational Risk Management contacts.
  • Analyze previously completed Operational Risk Management risk reviews to help identify areas that may be due for review, using the Atlas tool.
  • Assist with incident reconciliations between WebFOCUS and Archer.
  • Conduct research on operational risk industry developments and trends.
  • Support automation and transition of Key Risk Indicator and incident dashboards.

Benefits

  • Health, dental, vision, and life insurance plans.
  • 401(k) savings plan with company matching contributions up to 6%.
  • Employer-paid Voya Retirement Plan, a cash balance retirement plan with a 4% contribution.
  • Tuition reimbursement up to $5,250 per year.
  • Paid time off, including 20 days of paid time off, nine paid company holidays, and a flexible Diversity Celebration Day.
  • 40 hours of paid volunteer time per calendar year.
  • Incentive opportunities based on the role, which may include annual cash incentives, sales incentives, and/or long-term incentives.
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