Summer Student-Operational Risk Management

Getting to Know the Opportunity:

Assist the Operational Risk Management team with various projects and day to day tasks while meeting business partners across the firms and attending various risk meetings to develop a solid undertaking of risk management best practices at Voya and across the industry.  The individual will be provided opportunities to learn and interact with Risk team members as well as business partners across Voya IM. 

The Contributions You'll Make:

Incident Management Data Entry and Analysis

Assist with compiling ad-hoc incident/Key Risk Indicator (KRI) reports and charts as requested by the business

Assist with drafting reports and presentations for Operational Risk related reports

Read through and understand the Operational Risk Management “ORM” Function/Team Overview and framework

Attend regular or biweekly team meetings with key members of the Risk team to continue to learn about the Risk function and how we interact with the business (Investment risk, Analytics & Reporting etc.)

Attend ORC Meetings as a guest and the Risk Bi-weekly meeting for learning & education opportunities.

Assist with updating IM BU Hierarchy incorporating recent organization announcements and operation model changes, if needed. 

Assist with review and revisions to internal procedures, templates, etc., if needed.

Review inventory of BlackRock (BR) issues/action items that haven been open and outstanding for years that are not being addressed by BR (work with DIG and ORM contact Laali Al-Ali).

Assist with the analysis of ORM Risk Reviews completed over the years to determine risk areas that are due for review, leveraging the Atlas tool.

Assist with performing incident reconciliations between Webfocus and Archer.

Conduct Operational Risk Industry Trends & Research

Automation and Transition of KRI Dashboards , Incident dashboards

Other duties as assigned

Preferred Knowledge & Experience:

Pursuing a bachelor degree in a related field

Functional knowledge on investments/financial markets

Strong analytical, written and communication skills

Self-motivator and able to work with several individuals on risk team

Good technical foundation on databases, programming languages

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