Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Risk Analyst Consultant (FSO)

Turn2Partners

Job Description

Risk Analyst Consultant – RCSA & Operational Risk

\n

Industry: Financial Services / Banking Consulting

\n

Employment Type: Consulting / Contract

\n

Position Level: Junior / Early Career

\n

Location: To Be Confirmed

\n

\n

About the Opportunity

\n

We are partnering with a leading consulting organization seeking Risk Analyst Consultants to support a large-scale Risk and Control Self-Assessment (RCSA) engagement within the banking and financial services industry.

\n

\n

This opportunity is ideal for emerging risk professionals with experience in banking risk management, internal controls, regulatory compliance, or operational risk who are looking to expand their consulting experience.

\n

\n

The Risk Analyst Consultant will support the identification, assessment, documentation, and monitoring of business risks and associated controls. Working alongside experienced consultants and client stakeholders, this individual will help evaluate control effectiveness, identify potential gaps, support remediation activities, and strengthen the organization's overall risk management framework.

\n

\n

Candidates with banking risk experience are encouraged to apply. Direct RCSA experience and exposure to Global Systemically Important Banks (GSIBs) are highly preferred but not required.

\n

\n

Key Responsibilities

\n

Risk & Control Self-Assessment (RCSA)

\n
    \n
  • Support the execution and documentation of RCSA activities across business processes and functions.
  • \n
  • Assist in identifying and evaluating operational, regulatory, and business risks.
  • \n
  • Assess the likelihood and potential impact of identified risks.
  • \n
  • Support evaluations of control design and operating effectiveness.
  • \n
  • Identify potential control gaps, weaknesses, and emerging risks.
  • \n
  • Document risk assessments, control findings, and supporting evidence.
  • \n
  • Collaborate with business stakeholders to ensure risk and control documentation is accurate and complete.
  • \n
\n

\n

Risk Monitoring & Remediation

\n
    \n
  • Assist in developing and tracking remediation plans for identified control deficiencies.
  • \n
  • Monitor corrective actions and maintain accurate issue-tracking documentation.
  • \n
  • Support the monitoring and analysis of key risk indicators (KRIs) and emerging risk trends.
  • \n
  • Prepare risk reports, assessment summaries, and management updates.
  • \n
  • Escalate identified risks, control deficiencies, and outstanding issues to appropriate stakeholders.
  • \n
  • Support ongoing improvements to risk management and internal control processes.
  • \n
\n

\n

Client Engagement & Stakeholder Collaboration

\n
    \n
  • Work closely with business teams, risk management, compliance, and internal audit stakeholders.
  • \n
  • Participate in client meetings, risk assessment discussions, and control evaluation activities.
  • \n
  • Prepare professional client-facing documentation, presentations, and project status updates.
  • \n
  • Gather and analyze information, conduct process reviews, and document findings.
  • \n
  • Communicate risk observations and recommendations clearly to internal teams and client stakeholders.
  • \n
  • Adapt to evolving project priorities and support additional risk management initiatives as needed.
  • \n
\n

\n

Required Qualifications

\n
    \n
  • 1-5 Years of experience in risk management, operational risk, internal controls, regulatory compliance, or related functions within a banking or financial services consulting environment.
  • \n
  • Foundational understanding of risk identification, assessment methodologies, control evaluation, and remediation processes.
  • \n
  • Strong written and verbal communication skills, including experience preparing professional documentation and presentations.
  • \n
  • Strong analytical, organizational, and problem-solving abilities.
  • \n
  • Ability to quickly learn new risk frameworks, processes, and client requirements.
  • \n
  • Comfortable working in a fast-paced consulting environment with changing priorities.
  • \n
  • Ability to work independently, demonstrate initiative, and execute assignments with limited direction.
  • \n
  • Strong attention to detail and ability to manage multiple responsibilities and deadlines.
  • \n
\n

\n

Preferred Qualifications

\n
    \n
  • Direct experience supporting Risk and Control Self-Assessments (RCSA).
  • \n
  • Experience working within or consulting for a Global Systemically Important Bank (GSIB).
  • \n
  • Familiarity with operational risk frameworks, control testing, and risk assessment methodologies.
  • \n
  • Experience documenting control gaps, remediation activities, and risk findings.
  • \n
  • Exposure to first-line or second-line risk management functions.
  • \n
  • Experience using artificial intelligence (AI) tools or AI-enabled solutions to support analysis, reporting, documentation, or workflow efficiency.
  • \n
  • Previous experience supporting client-facing banking risk or regulatory consulting engagements.
  • \n
\n

\n

Ideal Candidate Profile

\n

The ideal Risk Analyst Consultant is an analytical, adaptable, and motivated professional with a foundation in banking risk management and a desire to expand their expertise in RCSA, operational risk, and internal controls.

\n

Successful candidates will demonstrate:

\n
    \n
  • Banking Risk Knowledge: Understanding of risk management and control processes within a banking environment.
  • \n
  • Strong Communication: Ability to communicate professionally with clients, business stakeholders, and project teams.
  • \n
  • Learning Agility: Ability to quickly understand new risk frameworks, processes, and regulatory expectations.
  • \n
  • Adaptability: Willingness to shift priorities and support evolving client and project needs.
  • \n
  • Independence: Ability to take ownership of assigned responsibilities and work effectively with limited supervision.
  • \n
  • Analytical Thinking: Ability to identify risks, evaluate control gaps, and contribute to practical remediation solutions.
  • \n
  • Consulting Mindset: A proactive, solutions-oriented approach to supporting client objectives and delivering high-quality work.
  • \n
\n

\n

Why Consider This Opportunity?

\n
    \n
  • Gain hands-on consulting experience supporting a significant banking risk management engagement.
  • \n
  • Expand your expertise in RCSA, operational risk, and internal controls.
  • \n
  • Collaborate with experienced financial services consultants and banking professionals.
  • \n
  • Gain exposure to complex banking environments, regulatory expectations, and risk management frameworks.
  • \n
  • Strengthen client-facing communication, analytical, and risk assessment skills.
  • \n
  • Contribute to initiatives designed to improve risk governance, control effectiveness, and sustainable remediation.
  • \n
\n

\n

Apply Today

\n

If you have experience in banking risk management, operational risk, internal controls, or regulatory compliance and are interested in expanding your consulting expertise, we encourage you to apply.

\n

\n

Direct RCSA and GSIB experience are preferred, but candidates with strong foundational banking risk experience, excellent communication skills, and the ability to learn quickly will also be considered.

\n

\n

Our recruiting team will review applications and contact qualified candidates to discuss the opportunity in greater detail.

Vacancy posted 2 days ago
Similar jobs that could be interesting for youBased on the Risk Analyst Consultant (FSO) in Mundelein, IL vacancy
  •  ...Job Description Senior Risk Solutions Analyst \n \n Our client is a fast-growing insurance technology startup focused on transforming risk into a strategic asset. They are building a platform to revolutionize the captive management industry and our Risk Solutions... 
    Suggested
    Visa sponsorship

    Aprio Talent Advisory

    Mundelein, IL
    10 days ago
  •  ...Job Description Trading Risk & Control – FX & Derivatives \n \n Location: New York, NY \n \n A leading global financial...  ...currencies. \n Working closely with traders, quants, and financial analysts, the successful candidate will play a key role in daily... 
    Suggested

    Atlas Search

    Mundelein, IL
    2 days ago
  •  ...SNI Financial is partnered with a publicly traded company that is looking to hire a Senior Risk & Controls Analyst for their headquarters. This individual will partner with business stakeholders to strengthen the internal control environment, support SOX compliance, identify... 
    Suggested
    Work at office
    3 days per week

    SNI Financial

    Deerfield, IL
    2 days ago
  •  ...world make confident, data-driven decisions in a rapidly evolving risk landscape. Here, you’ll be part of a team that leverages world-...  ...Gallagher Re and fast‑track your career as a Catastrophe Risk Analyst through our REACH Program. This is a 24-month structured learning... 
    Suggested
    Full time
    Work experience placement
    Internship
    Work at office
    Local area
    Remote work
    Home office

    Arthur J. Gallagher & Co. (AJG)

    Rolling Meadows, IL
    15 hours ago
  • $160k - $220k

     ...Integration Partners (BIP) is Europe’s fastest growing digital consulting company and are on track to reach the Top 20 by 2030, with an expanding...  ...verticals, supplemented with Data & AI, Cybersecurity, Risk & Compliance, Change Management and Digital Transformation practices... 
    Suggested
    Temporary work
    Remote work
    Worldwide

    BIP US

    Mundelein, IL
    20 days ago
  •  ...Job Description Career Opportunity: Risk & Controls Consultant with Clark Schaefer Consulting \n \n Are you passionate about helping organizations strengthen their controls, manage risk, and drive operational excellence? Do you enjoy solving complex business... 
    Internship
    Remote work
    Flexible hours

    Clark Schaefer Hackett

    Mundelein, IL
    10 days ago
  •  ...Job Description A top-performing global multi-strategy hedge fund is looking to add a Portfolio Risk professional to its New York investment business amid significant growth across its US trading strategies. \n \n This is genuine front-office risk. You’ll work... 

    Mondrian Alpha

    Mundelein, IL
    19 days ago
  •  ...Job Description We're partnering exclusively with a global treasury and risk advisory firm to hire a Risk Management Consultant in New York City. Reporting to the Global Head of Risk Management, this individual will advise private equity sponsors, portfolio companies... 

    JCW Group

    Mundelein, IL
    13 days ago
  •  ...Job Description Banking Risk Consultants — Analyst & Senior Analyst \n \n Turn2Partners is partnering with a large management consulting firm to hire Banking Risk Consultants supporting a major financial institution. This engagement offers the opportunity to contribute... 
    Flexible hours

    Turn2Partners

    Mundelein, IL
    5 days ago
  •  ...Job Description We are working with a rapidly growing, technology-driven organization seeking a Senior Governance, Risk & Compliance Analyst to strengthen its security and compliance program. \n This is a hands-on role for someone who knows how to keep an organization... 

    Averity

    Mundelein, IL
    13 days ago
  • $130k - $180k

     ...Integration Partners (BIP) is Europe’s fastest growing digital consulting company and are on track to reach the Top 20 by 2030, with an expanding...  ...verticals, supplemented with Data & AI, Cybersecurity, Risk & Compliance, Change Management and Digital Transformation practices... 
    Temporary work
    Remote work
    Worldwide

    BIP US

    Mundelein, IL
    20 days ago
  •  ...Job Description GRC Analyst — AI Fintech Scale-Up | Manhattan, New York \n \n An AI company building analyst tooling for the world...  ...assurance, including responding to security inquiries and risk assessments \n Acting as a key point of contact for customer... 

    Franklin Fitch

    Mundelein, IL
    13 days ago
  • $40 - $45 per hour

     ...Job Description Title: Operational Risk Management Consultant \n Office Status: In-Office \n Pay Rate: $40-$45 \n Contract Length: Not Specified \n Overview \n A financial institution is seeking an experienced Operational Risk professional to support... 
    Contract work
    Work at office

    Madison-Davis, LLC

    Mundelein, IL
    13 days ago
  •  ...Job Description Key Responsibilities: \n \n Develop and implement compliance plans based on business risks. \n Conduct compliance testing and risk assessments. \n Define and monitor Key Risk Indicators (KRIs). \n Prepare quarterly compliance reports. \... 
    Overseas

    GAC Solutions

    Mundelein, IL
    4 days ago
  •  ...enhancing, and maintaining their privacy, governance, and technology risk programs. Our approach unites operations, compliance, and...  ...solvers that collaborate with energy and enthusiasm. As a boutique consulting firm, we are vigilant in staying ahead of the curve and... 
    Full time
    Work at office
    Remote work

    Myna Partners

    Mundelein, IL
    13 days ago
  •  ...Job Description A growing financial services and alternative lending organization is seeking a Credit Risk Analyst to support its small business lending and underwriting operations. \n This position will focus on evaluating borrower creditworthiness, analyzing financial... 

    Ascendo Resources

    Mundelein, IL
    8 days ago
  • $70k - $100k

     ...Insurance Producer. \n Commercial Lines Producer. \n Commercial Lines Account Executive. \n Senior Account Executive. \n Risk Advisor. \n P&C Producer. \n Vice President. \n Practice Leader. \n And you're good at what you do. \n But you know... 
    Full time
    Work at office
    Flexible hours

    Premier Protection Insurance Services, LLC

    Mundelein, IL
    13 days ago
  • $160k - $190k

     ...Job Description Title: VP – Credit Risk Officer, Private & Structured Credit \n Office Status: Hybrid – New York City \n Base Salary: $160,000 – $190,000 Base + Bonus \n \n Overview: \n A globally active institutional platform is seeking a senior credit... 
    Work at office

    Madison-Davis, LLC

    Mundelein, IL
    20 days ago
  •  ...Job Description Role: HMS Analyst \n Duration: 12 Months \n Location: Raleigh, NC 27601 \n Work Mode: Remote \n Interview Mode: Webcam Interview Only \n \n This is a hybrid/remote position. The candidate will only need to come onsite a couple times a... 
    Remote work

    RAPS Consulting Inc

    Mundelein, IL
    2 days ago
  • $28 per hour

     ...Job Description Overview Welo Data is looking for detail-oriented and reliable individuals to join our team as Data Labeling Analysts, supporting speech and voice AI systems. This is a high-impact production role focused on building the datasets that power real... 
    Full time
    Work experience placement
    Remote work
    Visa sponsorship

    Welo Data

    Mundelein, IL
    27 days ago
  • $28 per hour

     ...Job Description Overview Welo Data is looking for detail-oriented and reliable individuals to join our team as Data Labeling Analysts, supporting speech and voice AI systems. This is a high-impact production role focused on building the datasets that power real... 
    Full time
    Work experience placement
    Remote work
    Visa sponsorship

    Welo Data

    Mundelein, IL
    27 days ago
  • $80k - $90k

     ...to create the largest and most sophisticated, contributed credit risk data platform in the market. \n \n We help clients identify...  ...We are growing rapidly and are looking to hire a Client Success Analyst to join us in New York. \n \n The role \n \n As a... 
    Work at office
    Flexible hours

    Credit Benchmark

    Mundelein, IL
    2 days ago
  • $92.66k - $137.57k

     ...Job Description Government of the District of Columbia \n Office of the Chief Financial \n Oracle Business Analyst (Project & Grants) \n $92,664.00 - $137,565.00 \n \n The Office of the Chief Financial Officer (OCFO) is the steward of the Government of the... 
    Work experience placement
    Work at office

    The Office of the Chief Financial Officer (OCFO)

    Mundelein, IL
    2 days ago
  •  ...Job Description Role: Business Analyst \n Fulltime -No Visa transfer/ Sponsorship \n Location: New York City \n Work Arrangement...  ...with the ability to identify process gaps and operational risks. \n ~ Excellent written and verbal communication skills. \n... 
    Full time
    Work at office
    Visa sponsorship

    ArkInfoCubes LLC

    Mundelein, IL
    2 days ago
  • $110k - $195k

     ...PGIM and Warburg Pincus to deliver value to clients. Prismic Life’s expertise and scalable operating model enable the firm to provide risk and balance sheet management solutions, while offering investors access to reinsurance as an asset class. Launched on September 1, 2... 
    Work experience placement
    Work at office
    Remote work

    Prismic Life Reinsurance

    Mundelein, IL
    13 days ago
  •  ...Group is working on behalf of a leading international asset manager that's looking to hire an Associate Director for their Operational Risk team. Reporting into the Global Head of Ops Risk, this role will be a critical hire to help grow and develop the firms North... 
    Work at office
    3 days per week

    JCW Group

    Mundelein, IL
    11 days ago
  •  ...Job Description Staff Actuary for Defined Benefit Retirement Plans \n Position Purpose: \n The Consulting Actuary role is unique in its focus on overseeing IRS-qualified Cash Balance Defined Benefit combo plans, particularly in the small plan market. This position... 
    Full time
    Work experience placement
    Work at office
    Remote work
    Monday to Friday
    Shift work

    Emparion

    Mundelein, IL
    13 days ago
  • $105k - $130k

     ...More Rewarding and Dignified Location: ​Libertyville​Department: ​ SummaryAs part of the Global Tax Team, the Sr. International Tax Analyst will focus on international tax aspects of accounting for income taxes and tax compliance. Primary activities include reviewing and... 
    Local area
    Immediate start
    Worldwide

    Hollister

    Libertyville, IL
    4 days ago
  • $160k - $200k

     ...Job Description Title: VP – Fund Finance Credit Risk & Approval Officer \n Office Status: Hybrid – New York, NY \n Base Salary: $160k - $200k + Bonus \n \n Overview: \n This is a Director-level Credit Officer opportunity within the Specialized Finance... 
    Work at office

    Madison-Davis, LLC

    Mundelein, IL
    13 days ago
  • $300k

     ...Job Description Role : Chief Risk Officer \n Location : Remote but NYC area preferred \n Salary : $300k+ base plus bonus, equity \n \n The Company \n Our client is a high growth cross border payments fintech that is launching its own OCC chartered... 
    Remote work

    Wayoh

    Mundelein, IL
    13 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Risk Analyst Consultant (FSO). Be the first to apply!