Our Client, a Global Investment Bank, is seeking a RCSA Consultant in their New York, NY location.
Responsibilities:
Risk Identification & Assessment:
- Conduct thorough risk assessments across various business units, projects, and operations.
- Identify emerging risks, vulnerabilities, and threats in alignment with industry standards and regulatory frameworks.
- Develop risk classification models to categorize risks based on likelihood, impact, and severity.
- Facilitate Risk Control Self-Assessments (RCSA) to evaluate operational risks and control effectiveness within business processes.
Risk Profiling & Analysis:
- Perform qualitative and quantitative analysis of risks to establish risk profiles.
- Utilize data analytics tools to evaluate trends, patterns, and anomalies in risk exposure.
- Develop detailed risk reports, dashboards, and visual representations of risk landscapes.
- Support business units in identifying and documenting key risk indicators (KRIs) and control gaps as part of RCSA activities.
Mitigation Strategies & Recommendations:
- Provide actionable recommendations to mitigate, transfer, accept, or avoid risks.
- Collaborate with leadership and stakeholders to implement risk control measures.
- Support the development of risk policies, frameworks, and contingency plans.
- Oversee remediation plans identified through RCSA exercises and ensure timely resolution.
Compliance & Regulatory Adherence:
- Ensure compliance with industry regulations, legal requirements, and best practices.
- Monitor changes in regulatory environments and assess their impact on risk exposure.
- Assist in audits, risk reviews, and governance reporting, including RCSA validation and attestation processes.
Stakeholder Engagement & Communication:
- Liaise with internal teams, vendors, and external partners to assess third-party risks.
- Present risk assessment findings and recommendations to senior management and decision-makers.
- Provide training and awareness sessions on risk identification, management, and RCSA best practices.
Requirements:
- 8+ Years of experience as a Project Manager.
- Proven experience in risk identification, assessment, profiling, and control validation in a corporate or consulting environment.
- Strong knowledge of risk management frameworks such as ISO 31000, COSO, NIST, or Basel.
- Hands-on experience conducting RCSA exercises, control testing, and operational risk reviews.
- Proficiency in data analytics tools, risk modeling, and visualization platforms.
- Prior Financial Institution Experience.
- Bachelor's degree in Risk Management, Business Administration, Finance, Cybersecurity, or a related field.
- Professional certifications (e.g., CRMP, CISA, CISSP, PRM, FRM) are preferred.
