Description:
We are hiring a Risk Management Analyst (DORA) for a long-term contract opportunity with our client. The selected candidate will be responsible for conducting Outsourcing Risk Assessments and ensuring compliance with DORA (Digital Operational Resilience Act) from a Third Party Risk Management (TPRM) perspective.
Key Responsibilities:
- Serve as a key member of the First Line Risk Management team.
- Gain a deep understanding of Compliance/Payments services outsourced between entities.
- Take ownership of annual risk assessments on outsourced services, including data collection, drafting reports, and securing approvals from Risk, Compliance, and Information Security teams.
- Identify risks and establish mitigation controls, delivery timelines, and KPIs to measure performance.
- Collaborate with Business Intelligence Engineers and Analysts to automate reporting and create escalation mechanisms for KPI breaches.
- Ensure risk assessments align with regional Compliance requirements and tailor them to each entity as necessary.
- Work with Legal, Transfer Pricing, and Tax teams to draft and maintain contractual agreements, ensuring they reflect updated business needs.
- Identify opportunities for operational efficiency, standardization, and automation in Risk & Compliance processes.
- Promote a culture of compliance by engaging with on-site partner teams to enhance risk management frameworks.
Required Skills & Experience:
- 4 to 8 years of experience in Third Party Risk Management (TPRM) and DORA compliance.
- Strong understanding of Outsourcing Risk Assessments from a compliance perspective.
- Experience in risk identification, mitigation planning, and KPI tracking.
- Proficiency in working with Business Intelligence teams to automate risk and compliance reporting.
- Ability to collaborate with Legal, Tax, and Compliance teams to ensure contractual accuracy.
- Strong analytical skills with the ability to work across Compliance, Operations, Risk, and Analytics teams.