Minimum 1 year of work experience in third party risk management is required for Associate level * Knowledge of operational risk management and assessment, regulatory and compliance, general IT risk ...
Minimum 1 year of work experience in third party risk management is required for Associate level * Knowledge of operational risk management and assessment, regulatory and compliance, general IT risk ...
Operational Risk Management Department-Third Party Risk Management AVP/Associate
Manhattan, NY · On-site
$42K - $150K/yr
Minimum 1 year of work experience in third party risk management is required for Associate level * Knowledge of operational risk management and assessment, regulatory and compliance, general IT risk ...
Operational Risk Management Department-Third Party Risk Management AVP/Associate
Manhattan, NY · On-site
$42K - $150K/yr
Minimum 1 year of work experience in third party risk management is required for Associate level * Knowledge of operational risk management and assessment, regulatory and compliance, general IT risk ...
Risk Data Management Associate
Manhattan, NY · On-site
$90K - $135K/yr
Role Description The Associate - Risk Data Management role will be within the Risk Department (RMDAD), reporting to the Director - Risk Data Management. Role Objectives: Execute data governance ...
Risk Data Management Associate
Manhattan, NY · On-site
$90K - $135K/yr
Role Description The Associate - Risk Data Management role will be within the Risk Department (RMDAD), reporting to the Director - Risk Data Management. Role Objectives: Execute data governance ...
Associate Actuary - Risk Management
Jersey City, NJ · On-site
$115K - $145K/yr
Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Risk Management to take on key responsibilities within a ...
Associate Actuary - Risk Management
Jersey City, NJ · On-site
$115K - $145K/yr
Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Risk Management to take on key responsibilities within a ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
Associate Actuary - Risk Management
New York, NY · On-site
$115K - $145K/yr
Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Risk Management to take on key responsibilities within a ...
Associate Actuary - Risk Management
New York, NY · On-site
$115K - $145K/yr
Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage risk. Join us as an Associate Actuary - Risk Management to take on key responsibilities within a ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class. As a Quant Model Risk Associate in the Model Risk ...
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and ...
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They are seeking a Risk Management - Model Risk Program Associate to design and build AI-native tools that transform the model risk lifecycle and enhance collaboration between risk professionals and ...
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Risk Management - Model Risk Program Associate
Jersey City, NJ · On-site
$135K - $150K/yr
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Jersey City, NJ · On-site
$135K - $150K/yr
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
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New York, NY · On-site
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New York, NY · On-site
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Parsippany, NJ · On-site
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Manhattan, NY · On-site
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Manhattan, NY · On-site
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As a Risk Management - Model Risk Program Associate in the Model Risk Governance and Review (MRGR) AI Center of Excellence (AI COE) team, you will design and build AI-native tools, workflows, and ...
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Associate Risk Management information
See Livingston, NJ salary details
$54.5K - $67.7K
16% of jobs
$67.7K - $80.9K
8% of jobs
$81.7K is the 25th percentile. Wages below this are outliers.
$80.9K - $94K
13% of jobs
$94K - $107.2K
7% of jobs
The median wage is $113.8K / yr.
$107.2K - $120.4K
12% of jobs
$120.4K - $133.6K
15% of jobs
$140.6K is the 75th percentile. Wages above this are outliers.
$133.6K - $146.8K
8% of jobs
$146.8K - $159.9K
11% of jobs
$159.9K - $173.1K
3% of jobs
$173.1K - $186.3K
3% of jobs
$186.3K - $199.5K
4% of jobs
$54.5K
$119.2K
$199.5K
How much do associate risk management jobs pay per year?
Is risk management high paying?
What are the key skills and qualifications needed to thrive in the Associate Risk Management position, and why are they important?
To thrive as an Associate Risk Management professional, you typically need a bachelor's degree in business, finance, or a related field, strong analytical abilities, and attention to detail. Familiarity with risk assessment software, data analysis tools like Excel, and industry certifications such as FRM (Financial Risk Manager) are common technical requirements. Excellent communication, problem-solving, and teamwork skills help you effectively collaborate and present risk findings. These skills ensure accurate risk evaluation, effective mitigation strategies, and support sound decision-making within the organization.
What is an associate in risk management?
What is the salary of risk management associate in EY?
What is a risk management associate job description?
What does an Associate Risk Management professional do?
An Associate Risk Management professional helps identify, assess, and mitigate potential risks that could impact an organization's financial, operational, or strategic objectives. They analyze data, monitor risk exposure, and assist in developing risk management strategies. Their role often involves collaborating with different departments to ensure compliance with policies and regulations. Additionally, they may prepare reports and provide recommendations to improve risk management practices.
What are some typical challenges faced by an Associate Risk Management professional, and how do they contribute to the team?
An Associate Risk Management professional often encounters challenges such as analyzing complex data from multiple sources, keeping up with evolving regulations, and effectively communicating potential risks to various stakeholders. You will regularly collaborate with colleagues in legal, compliance, and business units to ensure that risks are identified and addressed proactively. These challenges foster a culture of continuous learning and improvement, allowing you to play a key role in minimizing potential losses and enhancing the organization's overall stability. Overcoming these obstacles helps you develop critical thinking and adaptability, which are highly valued for future career growth in the field.
Operational Risk Management Department-Third Party Risk Management AVP/Associate
Bank of China Limited, New York BranchManhattan, NY
$42K/yr
Full-time
Posted 13 days ago
Job description
Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.
OverviewThe incumbent is responsible for all aspects of and will provide oversight, guidance and challenge to the Bank's Third Party Risk Management (TPRM). S/he will establish and enhance the Third Party Risk Framework, draft and maintain TPRM policies and standards, develop and execute TPRM annual work plans, and conduct periodic risk assessments. S/he will also assess, monitor and track TPRM lifecycle activities, ensure documentation completeness, and prepare aggregated TPRM reports on risk data and analysis.
ResponsibilitiesInclude but are not limited to
Third Party Risk Management Framework
- Establish and enhance the Third Party Risk Framework, ensure it consists of appropriate components to effectively manage third party risks
- Update third party risk management policies and procedures
- Develop and execute a third party risk annual work plan to review and challenge risk identification, assessment, control evaluation and testing activities
- Utilize a consistent risk rating methodology for controls that aligns with the Operational Risk Framework
- Conduct periodic risk assessment of third party risks
Third Party Risk Management Lifecycle & Implementation of TPRM Second Line Review
- Assess, monitor and track third party risk management lifecycle activities as second line of defense
- Provide third party risk management guidance to First Line Units ("FLUs")
- Ensure the completeness of the central documentations of the bank wide third party population
- Prepare aggregated third party risk report
- Keep abreast of current industry tools, trends, and regulatory requirements
- Work with other SMEs under the third party risk management framework to ensure the third party risk management activities are efficient
- Ensure third party risk management system is implemented and all updates are installed timely
- Provide timely training of system upgrades or updates to all system users
Risk Assessment
- Assist with new product management risk assessment process
- Assist with RACA quarterly review in the expertise of third party risk management
BSA/AML, Compliance, and Talent Management
- Complete required BSA/AML, and other compliance trainings as provided
- Beware of BSA/AML issues, provide risk warnings to First Line Units and internal risk management departments when noticed
#LI-WW1
Qualifications- Bachelor's degree is required, and an advanced degree is preferred
- Minimum 5 years of work experience in financial service industry is required for AVP level
- Minimum 5 years of work experience in risk management and minimum 2 years of third party risk management experience are required for AVP level; Minimum 1 year of work experience in third party risk management is required for Associate levelÂ
- Knowledge of operational risk management and assessment, regulatory and compliance, general IT risk/IT operation as well as business lines and workflow in financial/banking industry is required
- Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred but not required
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $42,000.00 - USD $150,000.00 /Yr.Employment Type: FULL_TIME