Job Description
200 Ballardvale St, Wilmington, Massachusetts, 01887, USA
Description
Ametros is changing the way individuals navigate healthcare by providing them with the tools and support necessary to make educated decisions on how to spend their medical funds. Ametros's team works closely with patients, insurers, employers, attorneys, brokers, medical providers, and Medicare to create a seamless experience for our clients. Our flagship product is revolutionizing the way funds from insurance claim settlements are administered after settlement. Ametros continues to innovate, bringing new solutions to the market with the goal of simplifying healthcare for our clients. We make managing medical funds safe, effortless, and cost effective for everyone.
The Operational Risk Analyst is responsible for executing the different activities of Operational Risk Management Governance framework under the leadership of the Managing Director. Activities include Line of Business liaison to ORM. Manages multiple teams through risk assessment activities. Evaluates action plans for issue management and provides oversight of project plans. Supports LOB in SOx, internal and external audits, and regulatory exams. May act as project management resource, or perform other miscellaneous duties as needed to support LOB initiatives. Identifies requirements, develops, and executes test cases, and contributes to procedural documentation in support of risk management program projects. Participates in and facilitates business process modeling and reengineering efforts including support of continuous improvement efforts. Compiles data, maintains databases and generates monthly risk metric reporting. May provide system administration and user access governance support.
Support the execution and ongoing enhancement of the Operational Risk Management program
Assist with gathering key risk indicator data from business units to assist with reporting deliverables.
Schedules the monthly/quarterly risk meeting and records the minutes
Verifies that any follow-ups, action items, etc from meetings are executed
Develops new and updates Operational Risk procedures
Lead Operational Risk Management Program components with accountability for all related aspects including project plans, timelines, tools and techniques, analysis, reporting, and communication. ORM Program components assigned can include LOB Risk Self-Assessment, New Activity, Model Validation, and/or 1st & 2nd line of defense programs.
Raise key operational risk vulnerabilities as identified with an appropriate sense of urgency and practical solution-oriented suggestions.
Provide ongoing and value-added operational risk consultation to the line of business to influence process changes and management support with balanced and effective solutions. Prepare written analyses and reports to management for presentation to the Operational Risk Management Committee.
Serve as ambassador to ORM and Risk Appetite strategy by demonstrating general knowledge and links to day-to-day work as appropriate.
Act as Point of Contact for audit related activities such as regulatory audits, internal audits, and Sox
Support line of business with design and oversight of control testing
Oversee and execute user access management program
Stay abreast of industry trends.
Requirements
Bachelor’s Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience
Certified Risk Professional (CRP) certification(s) is a plus.
Banking operations experience is a plus.
Compliance background is a plus.
Working knowledge of products, services, processes, requirements, and systems related to the bank
Working knowledge of operational, regulatory and audit risk control concepts and standards
Effective organizational, planning and time management skills
Effective research and presentation skills
Effective skill maintaining accuracy with attention to detail and meeting deadlines
Effective oral and written communication skills and ability to facilitate discussions
Ability to work independently and on a team, multi-task, and take ownership of deliverables
Exposure to collaborating across organizational boundaries and building partnerships across various functions
Willingness to ask questions, challenge the status quo and seek out answers
Occasional travel to Webster Bank sites, meetings, seminars may be required.
The estimated salary range for this position is $70,000USD to $90,000USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
#LI-BB1
In addition to our benefits package, employees have the opportunity to get involved with engagement, diversity, and philanthropic initiatives from their first day working with us to help us achieve our goal of Limitless Inclusion for All. As Ametros Citizens, we work together to foster an environment of limitless inclusion and belonging that encourages, supports, and celebrates the diverse voices and backgrounds of our people, while energizing the passion and innovations to revolutionize our industry.
Ametros is an Equal Opportunity Employer
Apply Now
Description
Ametros is changing the way individuals navigate healthcare by providing them with the tools and support necessary to make educated decisions on how to spend their medical funds. Ametros's team works closely with patients, insurers, employers, attorneys, brokers, medical providers, and Medicare to create a seamless experience for our clients. Our flagship product is revolutionizing the way funds from insurance claim settlements are administered after settlement. Ametros continues to innovate, bringing new solutions to the market with the goal of simplifying healthcare for our clients. We make managing medical funds safe, effortless, and cost effective for everyone.
The Operational Risk Analyst is responsible for executing the different activities of Operational Risk Management Governance framework under the leadership of the Managing Director. Activities include Line of Business liaison to ORM. Manages multiple teams through risk assessment activities. Evaluates action plans for issue management and provides oversight of project plans. Supports LOB in SOx, internal and external audits, and regulatory exams. May act as project management resource, or perform other miscellaneous duties as needed to support LOB initiatives. Identifies requirements, develops, and executes test cases, and contributes to procedural documentation in support of risk management program projects. Participates in and facilitates business process modeling and reengineering efforts including support of continuous improvement efforts. Compiles data, maintains databases and generates monthly risk metric reporting. May provide system administration and user access governance support.
Support the execution and ongoing enhancement of the Operational Risk Management program
Assist with gathering key risk indicator data from business units to assist with reporting deliverables.
Schedules the monthly/quarterly risk meeting and records the minutes
Verifies that any follow-ups, action items, etc from meetings are executed
Develops new and updates Operational Risk procedures
Lead Operational Risk Management Program components with accountability for all related aspects including project plans, timelines, tools and techniques, analysis, reporting, and communication. ORM Program components assigned can include LOB Risk Self-Assessment, New Activity, Model Validation, and/or 1st & 2nd line of defense programs.
Raise key operational risk vulnerabilities as identified with an appropriate sense of urgency and practical solution-oriented suggestions.
Provide ongoing and value-added operational risk consultation to the line of business to influence process changes and management support with balanced and effective solutions. Prepare written analyses and reports to management for presentation to the Operational Risk Management Committee.
Serve as ambassador to ORM and Risk Appetite strategy by demonstrating general knowledge and links to day-to-day work as appropriate.
Act as Point of Contact for audit related activities such as regulatory audits, internal audits, and Sox
Support line of business with design and oversight of control testing
Oversee and execute user access management program
Stay abreast of industry trends.
Requirements
Bachelor’s Degree in Business Administration, Auditing, or related field or equivalent combination of training, education and experience
Certified Risk Professional (CRP) certification(s) is a plus.
Banking operations experience is a plus.
Compliance background is a plus.
Working knowledge of products, services, processes, requirements, and systems related to the bank
Working knowledge of operational, regulatory and audit risk control concepts and standards
Effective organizational, planning and time management skills
Effective research and presentation skills
Effective skill maintaining accuracy with attention to detail and meeting deadlines
Effective oral and written communication skills and ability to facilitate discussions
Ability to work independently and on a team, multi-task, and take ownership of deliverables
Exposure to collaborating across organizational boundaries and building partnerships across various functions
Willingness to ask questions, challenge the status quo and seek out answers
Occasional travel to Webster Bank sites, meetings, seminars may be required.
The estimated salary range for this position is $70,000USD to $90,000USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
#LI-BB1
In addition to our benefits package, employees have the opportunity to get involved with engagement, diversity, and philanthropic initiatives from their first day working with us to help us achieve our goal of Limitless Inclusion for All. As Ametros Citizens, we work together to foster an environment of limitless inclusion and belonging that encourages, supports, and celebrates the diverse voices and backgrounds of our people, while energizing the passion and innovations to revolutionize our industry.
Ametros is an Equal Opportunity Employer