drjobs Risk Consulting Associate

Risk Consulting Associate

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Job Location drjobs

Huntsville - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

THIS JOB CAN BE FOUND ON OUR EXCLUSIVE JOB BOARD IT IS NOT A DIRECT ROLE AT AUGMENT JOBS.

Job Description: Risk Consulting Associate

Position Overview:
We are seeking a detailoriented and highly analytical Risk Consulting Associate to join our consulting team. In this role you will work closely with clients to assess mitigate and manage risks across various business domains including operational financial regulatory and strategic risks. You will support the development of risk management frameworks perform detailed risk assessments and contribute to delivering comprehensive risk mitigation strategies to help organizations navigate complex challenges and maintain operational resilience.

Key Responsibilities: Risk Assessment and Strategy Development:
  • Collaborate with clients to identify and assess a wide range of risks including operational financial compliance and strategic risks.
  • Assist in the development and implementation of risk management frameworks and policies to mitigate identified risks.
  • Provide analytical support for risk evaluations developing risk models scenario analysis and forecasting tools to assess risk exposure and impact.
Risk Mitigation and Control:
  • Help clients design and implement risk mitigation strategies including process controls compliance procedures and operational enhancements.
  • Support the development of contingency plans and response strategies to address identified risks.
  • Assist in the creation of risk appetite statements and risk tolerance thresholds to guide decisionmaking.
Regulatory and Compliance Support:
  • Assist clients in maintaining regulatory compliance by evaluating adherence to relevant laws standards and industry regulations.
  • Support the preparation and review of compliance reports and documentation for regulatory bodies including those related to financial regulations data privacy and industryspecific standards.
  • Stay updated on changes in the regulatory environment and advise clients on necessary adjustments to their risk management strategies.
Risk Reporting and Communication:
  • Help create risk reports dashboards and presentations to communicate findings recommendations and progress to clients and senior management.
  • Present complex risk data in a clear concise and actionable format to clients making recommendations for mitigating and managing key risks.
  • Assist in tracking and monitoring the effectiveness of implemented risk mitigation strategies and make recommendations for improvements.
Research and Benchmarking:
  • Conduct research on industry trends risk management best practices and emerging risks in the market.
  • Benchmark clients risk management practices against industry standards and competitors to identify opportunities for improvement.
  • Provide insights into emerging technologies tools and methodologies for managing and mitigating risks.
Team Collaboration and Project Management:
  • Collaborate with senior consultants and clients to ensure alignment of risk management strategies with overall business goals.
  • Manage components of risk consulting projects ensuring deliverables are met on time and to the required quality.
  • Provide support for senior team members in client engagements from data gathering to the execution of solutions.
Qualifications: Educational Background:
  • Bachelors degree in Risk Management Finance Economics Business Administration or a related field.
  • Strong academic performance with a focus on risk management compliance or business strategy.
Skills and Competencies:
  • Strong analytical and problemsolving skills with proficiency in Excel financial modeling and data analysis.
  • Familiarity with risk management frameworks including COSO ISO 31000 and industryspecific standards.
  • Ability to gather analyze and synthesize complex data providing actionable insights for clients.
  • Excellent written and verbal communication skills with the ability to present complex risk findings in a clear and understandable manner.
  • Knowledge of regulatory compliance requirements (e.g. SOX GDPR Basel III) is a plus.
Personal Attributes:
  • Proactive and resultsoriented with a keen attention to detail and a commitment to delivering quality work.
  • Strong interpersonal and teamwork skills with the ability to collaborate effectively in crossfunctional teams.
  • Passion for risk management problemsolving and helping clients build resilience against risks.
  • Adaptable with the ability to thrive in a fastpaced and evolving consulting environment.

Employment Type

Full Time

Company Industry

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