Develop and implement a comprehensive risk management strategy for the Employee Benefits business.
Provide risk advice, monitor and assess business risks associated with sales, product offerings, operational processes, finance and market conditions.
Build and maintain relationships at all levels of the organization to understand current initiatives, risks and roadblocks to provide timely and effective risk support.
Conduct regular risk assessments, stress testing, and scenario analysis to evaluate potential vulnerabilities.
Ensure adherence to regulatory requirements and internal policies, driving compliance through effective risk governance.
Collaborate with cross-functional teams, such as compliance, legal, privacy and internal audit, to identify and support the business in mitigating risk to an acceptable level.
Provide training and guidance to teams on risk management best practices and foster a culture of risk awareness.
Lead cross-functional projects to improve risk reporting, risk metrics, and overall risk management capabilities.
Prepare reports and presentations for the Risk leaders and committees and other key stakeholders, detailing risk profiles, and mitigation strategy.
Create a high-performing, cohesive team by having regular 1:1’s, setting clear goals, providing constructive feedback, coaching, and fostering a continuous learning environment that aligns with career goals and company objectives.
Foster a culture of excellence by prioritizing top-tier hiring, conflict resolution, and performance monitoring.
Requirements
Bachelor’s degree in Finance, Business Administration, Risk Management, or a related field.
Minimum of 5 years of relevant experience in risk management, compliance, or operational risk within the financial services industry, preferably in employee benefits.
Proven experience in risk assessment methodologies, including quantitative and qualitative risk analysis.
Excellent analytical skills with a strong attention to detail and the ability to synthesize complex information.
Ability to travel.
Benefits
Health, dental, vision and life insurance plans
401(k) Savings plan – with generous company matching contributions (up to 6%)
Voya Retirement Plan – employer paid cash balance retirement plan (4%)
Tuition reimbursement up to $5,250/year
Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.