Associate Risk Management Specialist

Reposted 9 Days Ago
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White Plains, NY, USA
In-Office
Junior
Information Technology
The Role
The Associate Risk Management Specialist supports the Enterprise Risk team in identifying, assessing, and mitigating enterprise risks while developing reports and facilitating training for business units.
Summary Generated by Built In
Company Description

vTech can help you avoid the daunting task of writing and posting job offers, shifting through resumes and laboring through the lengthy interview process. Our Staffing solutions will allow you to elude those tasks and place topnotch, high-caliber professionals in the position you need to fill.

We use our expertise, knowledge, and global resources to deliver top-quality candidates and tailor our IT and Non-IT recruitment services to your needs. This allows us to deliver the required results in a timely manner that meets your schedule at a substantially reduced cost.

We pride ourselves for having one of the fastest growth rate and also the lowest turnover rates in the industry just 2.5 percent annually. We focus on the training and retaining qualified professionals with high personal and work ethics. With the help of our extensive database of internal candidates and CATS applicants tracking system, we can provide quality resources within the limited time frame.

We have also successfully placed hundreds of candidates in the areas related to Information Technology, Engineering, professional, Scientific & Clinical, etc. for both our commercial and government clients.

  1. Source: A recruiter sources candidates from various sources; the search starts from our proprietary database. Using advanced sourcing methods like social media, professional networking media, internal, and 3rd party job boards, we identify qualified candidates.
  2. Validate: A recruiter validates the candidates’ experience and skill sets against our client’s position.
  3. Initial Screening: Based on the position and the client’s work culture, the recruiter uses initial screening questions to determine the most suitable candidates.
  4. Submit: the recruiter will submit to the technical team qualified candidates who have passed the initial screening.
  5. Technical Screening: The technical team then prepares a matrix of the particular requirements and required experience for the position and using a list of questions and the results, re-validates the candidates’ technical skills.
  6. Background Check: Administrative personnel will provide a detailed background check, as required, per client agreement.
  7. On board: On successfully completing the above steps, the candidates are welcomed on board and assisted to ensure a smooth integration at the client’s location.

Job Description

Position details:

Title: Risk Management Specialist

Location: White Plains, NY 10601

Duration: Full Time

Job Description:

  • The Associate Enterprise Risk Specialist supports the development, implementation, continuous improvement and reporting for the Clinet’s Enterprise Risk (ER) management function.
  • The Associate Enterprise Risk Specialist supports the ER team assisting with the on-going identification, definition, assessment, analysis, mitigation and monitoring of enterprise level risks and opportunities impacting achievement of strategic objectives and business initiatives.

Responsibilities:

  • Perform statistical and quantitative analysis on individual risks and the risk inventory to identify underlying relationships and assist in the risk roll-up/alignment process.
  • As directed, research emerging risk issues and present summary findings to Senior Management.
  • Provide support for the Enterprise Risk team and staff in facilitating the Enterprise Risk (ERT) process by providing risk identification, definition, assessment, analysis, mitigation, and monitoring.
  • Support the development of enterprise risk reports by providing data base support, mapping of data elements, developing and testing quantitative algorithms, etc.
  • Assisting with the development, updating, and reporting of Key Risk Indicators
  • As directed, support the ERT in aligning processes and systems by working in partnership with Internal Audit, Compliance, and Strategy.
  • Assist ERT in the development of training materials and assist in conducting ER education, training, and workshops to various levels of Client’s Business Units management and staff.
  • Assist senior specialists and the Senior Director-Enterprise Risk Management in the preparation of executive level presentations.
  • Provide support on the on-going operation and data base maintenance of the Governance, Risk, and Compliance (GRC) software module specific to the ER program.
  • Perform regular updates to the risk repository, assessment, and reporting tool and ensure integrity of the repository data base.
  • Work with senior ERT members to establish and implement the Enterprise Risk task level schedule to ensure timely delivery of assigned work products.
  • As directed, develop and maintain up-to-date meeting minutes, reports and related materials for the Enterprise Risk website.

Required Skills:

  • Basic knowledge of various types of risk drivers, including Market Risk, Operational Risk, Credit Risk, etc.
  • Basic knowledge of enterprise-wide Risk management concepts.
  • Basic knowledge of financial planning concepts.
  • Proficient in spreadsheet and/or statistical analysis packages. Working knowledge of Access, Word, PowerPoint and MS Project.
  • General understanding of enterprise risk management practices as they apply to the energy/utility industry
  • Ability to prepare and deliver clear and concise summary and insights with assistance from senior analysts and manager; including advanced PowerPoint skills
  • Ability to work and interact with various levels of staff and management across all business units and departments.
  • Ability to clearly communicate and present analysis results and underlying assumptions with clarity.

Preferred Skills:

  • Working knowledge of the NYISO and regional energy markets.
  • Understanding of Client’s generating and transmission facilities
  • Understanding of client’s financial planning tools.
  • Familiarity with Government compliance and internal audit functions
  • Working knowledge of probability analysis, scenario analysis, and financial analysis techniques such as return-on-investment, discounted cash flow, etc.

Required Experience:

  • Bachelor’s degree in Business Administration, Finance, Accounting, or Economics.
  • A minimum of 2 years directly relevant experience with risk analysis and interpretation and conversion of business functions into full process mapping.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Skills Required

  • Bachelor's degree in Business Administration, Finance, Accounting, or Economics
  • Minimum of 2 years directly relevant experience with risk analysis
  • Basic knowledge of various types of risk drivers including Market Risk, Operational Risk, Credit Risk
  • Proficient in spreadsheet and/or statistical analysis packages
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The Company
HQ: Washington, District Of Columbia
471 Employees
Year Founded: 2006

What We Do

vTech solution Inc. is a Managed IT Services firm based out of Washington DC with a primary focus on Cloud Computing and Professional Services. vTech was incorporated in January 2006 under the Commonwealth of Virginia as an IT Professional firm. vTech has experienced constant growth over the years and has developed various IT service capabilities by diversifying its service portfolio to IT Consulting, Enterprise Software Solutions, and Cloud Computing Services to provide complete IT Managed Service offerings. Currently, we are one of the nation’s fastest-growing private companies and have been consecutively named in INC. 5000 list for the past five years. Our focus is to enhance the level of success for our clients by efficiently offering the highest quality services. We use the most advanced IT technologies and practices to add value to our client services. We specialized in core competencies which include Cloud solutions, Network Services, Security Solutions, Customized Application Services, System Integration, AI Tools, and Professional IT Services such as Project Management, Staff Augmentation, and IT Infrastructure Services. vTech Solution's unwavering dedication to results defines our brand. Our time-tested management processes, quality control methods, and state-of-the-art work environment ensure that our clients' most complex projects are delivered on time, on budget, and message. "vTech encourages and supports a healthy work-life balance for its employees. It offers a workplace where you can work with dignity and independence. vTech offers a competitive salary and comprehensive benefits package. We offer tuition and training expense reimbursement and a flexible work schedule."

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