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Remote Bank Risk Management Jobs in Connecticut (NOW HIRING)

Account Health and Risk Management * Monitor engagement, usage, and support data via Totango ... fully remote employment opportunities, however, these opportunities are limited to permanent ...

... risk writers, MGAs, programs, Lloyds, and pools. The division manages over 100 client relationships and has ambitious growth goals. Open to all HSB/Munich Re Offices + Remote Options About the Role ...

... risk writers, MGAs, programs, Lloyds, and pools. The division manages over 100 client relationships and has ambitious growth goals. Open to all HSB/Munich Re Offices + Remote Options About the Role ...

Position located in Hartford, CT and open to Remote Options Key Responsibilities Renewal Management ... Bachelor's degree in Business Administration, Risk Management, Finance, or equivalent work ...

Position located in Hartford, CT and open to Remote Options Key Responsibilities Renewal Management ... Bachelor's degree in Business Administration, Risk Management, Finance, or equivalent work ...

Description Help Shape the Legal Function of a Transformational Bank Patriot Bank is in the midst ... With a newly reconstituted management team and a strategy centered on restructuring, execution, and ...

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Remote Bank Risk Management information

What is Remote Bank Risk Management?

Remote Bank Risk Management refers to the process of identifying, assessing, and mitigating financial and operational risks for banks while working remotely. Professionals in this field analyze potential risks such as credit, market, operational, and compliance risks using digital tools and online communication. They implement risk management strategies, monitor transactions, and ensure regulatory compliance without being physically present at the bank’s location. This role is increasingly important as banks adopt more flexible and remote work arrangements.

What is the difference between Remote Bank Risk Management vs Remote Credit Analyst?

AspectRemote Bank Risk ManagementRemote Credit Analyst
Required CredentialsBanking certifications, risk management degreesFinance, economics degrees, credit analysis certifications
Work EnvironmentBanking institutions, financial firmsFinancial services, lending companies
Employer & Industry UsageUsed in risk departments of banksUsed in lending and credit departments
Search & Comparison IntentUnderstanding risk roles in bankingAssessing credit risk and loan decisions

Remote Bank Risk Management focuses on identifying and mitigating risks within banking operations, requiring risk management expertise. Remote Credit Analysts evaluate creditworthiness of borrowers, focusing on loan approvals. While both roles involve financial analysis, Risk Management emphasizes risk mitigation strategies, whereas Credit Analysts concentrate on credit assessment. Both roles are essential in banking but serve different functions within the financial industry.

What are some common challenges faced by professionals in remote bank risk management, and how can they be addressed?

Professionals in remote bank risk management often encounter challenges such as limited direct access to internal teams, rapidly evolving regulatory requirements, and the need to stay updated on emerging financial risks. Effective communication through virtual collaboration tools, regular training on compliance updates, and leveraging advanced risk assessment software can help address these obstacles. Building strong relationships with cross-functional teams and maintaining clear documentation are also key to ensuring risk oversight remains robust, even in a remote setting.

What are the key skills and qualifications needed to thrive as a Remote Bank Risk Management professional, and why are they important?

To thrive in Remote Bank Risk Management, you need strong analytical skills, a background in finance or economics, and typically a relevant degree such as a bachelor's in finance, accounting, or risk management. Familiarity with risk assessment software, regulatory compliance systems, and certifications like FRM (Financial Risk Manager) or CFA are often required. Exceptional communication, critical thinking, and attention to detail are essential soft skills for identifying risks and collaborating with remote teams. These competencies ensure accurate risk evaluation and effective mitigation, which are crucial for maintaining financial stability and regulatory compliance in a remote setting.
What are popular job titles related to Remote Bank Risk Management jobs in Connecticut? For Remote Bank Risk Management jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Remote Bank Risk Management jobs in Connecticut look for? The top searched job categories for Remote Bank Risk Management jobs in Connecticut are:
What cities in Connecticut are hiring for Remote Bank Risk Management jobs? Cities in Connecticut with the most Remote Bank Risk Management job openings:

Claims Specialist - Connecticut

CorVel Corporation

East Hartford, CT • Remote

$52K - $85K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted yesterday


CorVel rating

7.9

Company rating: 7.9 out of 10

Based on 50 frontline employees who took The Breakroom Quiz

82nd of 138 rated financial services


Job description

The Workers’ Compensation Claims Specialist manages within company best practices lower-level, non-complex and non-problematic workers’ compensation claims within delegated limited authority to best possible outcome, under the direct supervision of a senior claims professional, supporting the goals of claims department and of CorVel.

 This is a remote role.

ESSENTIAL FUNCTIONS & RESPONSIBILITIES:

  • Receives Workers’ Compensation claims, confirms policy coverage and acknowledgment of the claim
  • Determines validity and compensability of the claim
  • Establishes reserves and authorizes payments within reserving authority limits
  • Manages non-complex lost-time workers’ compensation claims under close supervision
  • Communicates claim status with the customer, claimant and client
  • Adheres to client and carrier guidelines and participates in claims review as needed
  • Assists other claims professionals with more complex or problematic claims as necessary
  • Additional projects and duties as assigned

KNOWLEDGE & SKILLS: 

  • Excellent written and verbal communication skills
  • Ability to learn rapidly to develop knowledge and understanding of claims practice
  • Ability to identify, analyze and solve problems
  • Computer proficiency and technical aptitude with the ability to utilize Microsoft Office including Excel spreadsheets
  • Strong interpersonal, time management and organizational skills
  • Ability to meet or exceed performance competencies
  • Ability to work both independently and within a team environment

EDUCATION & EXPERIENCE: 

  • Bachelor\'s degree or a combination of education and related experience
  • Minimum of 1 year of industry experience and claims management preferred
  • Current license or certification in Workers’ Compensation must be maintained throughout employment with CorVel

PAY RANGE: 

CorVel uses a market based approach to pay and our salary ranges may vary depending on your location.  Pay rates are established taking into account the following factors:  federal, state, and local minimum wage requirements, the geographic location differential, job-related skills, experience, qualifications, internal employee equity, and market conditions.  Our ranges may be modified at any time. 

For leveled roles (I, II, III, Senior, Lead, etc.) new hires may be slotted into a different level, either up or down, based on assessment during interview process taking into consideration experience, qualifications, and overall fit for the role.  The level may impact the salary range and these adjustments would be clarified during the offer process. 

Pay Range:  $52,999 – $85,473 

A list of our benefit offerings can be found on our CorVel website: CorVel Careers | Opportunities in Risk Management 

In general, our opportunities will be posted for up to 1 year from date of posting, or until we have selected candidate(s) to fulfill the opening, whichever comes first.

ABOUT CORVEL:

CorVel, a certified Great Place to Work® Company, is a national provider of industry-leading risk management solutions for the workers’ compensation, auto, health and disability management industries.   CorVel was founded in 1987 and has been publicly traded on the NASDAQ stock exchange since 1991. Our continual investment in human capital and technology enable us to deliver the most innovative and integrated solutions to our clients.  We are a stable and growing company with a strong, supportive culture and plenty of career advancement opportunities.  Over 4,000 people working across the United States embrace our core values of Accountability, Commitment, Excellence, Integrity and Teamwork (ACE-IT!). 

A comprehensive benefits package is available for full-time regular employees and includes Medical (HDHP) w/Pharmacy, Dental, Vision, Long Term Disability, Health Savings Account, Flexible Spending Account Options, Life Insurance, Accident Insurance, Critical Illness Insurance, Pre-paid Legal Insurance, Parking and Transit FSA accounts, 401K, ROTH 401K, and paid time off.

CorVel is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.

#LI-Remote


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