About the job
Job Title: Risk Analyst / Risk Manager
Position Type: Full-Time, Remote
Working Hours: U.S. client business hours (with flexibility for reporting cycles, audits, and incident response)
About the Role:
Join our dynamic team at pavago as a Risk Analyst / Risk Manager, where your expertise will play a crucial role in identifying, assessing, and mitigating financial, operational, and compliance risks across our organization. You will develop robust risk models, monitor risk exposures, ensure regulatory compliance, and provide insightful recommendations to leadership. Your work will empower businesses to operate confidently while minimizing the potential for financial loss, regulatory penalties, and reputational harm.
Key Responsibilities:
Risk Identification & Assessment:
- Conduct comprehensive enterprise-wide risk assessments, encompassing credit, market, operational, and compliance categories.
- Document findings in risk registers and prioritize remediation strategies.
Modeling & Quantitative Analysis:
- Create risk exposure models using SAS, R, or Python.
- Execute stress testing and scenario modeling to evaluate potential impacts.
- Employ methodologies such as VaR, Monte Carlo simulations, or regression analysis to quantify potential losses.
Compliance & Regulatory Reporting:
- Ensure adherence to regulatory frameworks (e.g., SOX, Basel III, Dodd-Frank, PCI-DSS, GDPR, HIPAA).
- Compile quarterly and annual risk and compliance reports for regulators or auditors.
- Assist during external audits and regulatory examinations by providing necessary documentation.
Controls & Monitoring:
- Test and validate the effectiveness of internal controls.
- Monitor incidents using governance/risk platforms (e.g., Archer GRC, ServiceNow, LogicManager).
- Collaborate with IT/security teams on cyber risk assessments and vendor risk evaluations.
Reporting & Communication:
- Create dashboards and reports using Tableau, Power BI, or Looker to summarize risk exposures.
- Communicate risk findings and recommendations effectively to executives and board members.
- Maintain thorough documentation for audit trails and governance purposes.
Collaboration:
- Work cross-functionally with finance, operations, IT, legal, and compliance teams.
- Support business units in integrating risk awareness into everyday decision-making.