Risk Governance Associate (Charlotte, NC (Hybrid) or Remote)
Where you’ll work:
Our flexible, hybrid work model offers the option to work remotely or in the office.
How you’ll contribute:
As a Risk Governance Associate, you’ll be responsible in supporting the Operational Risk and Risk Governance group to provide effective challenge, manage and mitigate model risks, and maintain model inventory, risk assessment and model control standards by working both independently and collaborate as part of a team with dependence on relationships throughout the 1st, 2nd, and 3rd lines of defense.
In this role, you’ll get to:
- Support the biannual model certification process.
- Collaborate with model stakeholders across all three lines of defense to enhance and maintain the model inventory and dependency network.
- Work with Model Risk Management Group, Corporate Risk Management (CRM), and Internal Audit to ensure model development, implementation, and use is successful.
- Streamline and prepare model risk reporting for senior management, the Model Risk Working Group, and other management committees.
- Collaborate with the Model Validation Group and 1st LOD stakeholders to obtain issues management updates and support issue closure.
- Lead MRM’s use of OpenPages for the model inventory, risk assessments, and issues management.
- Adhere to Brighthouse Financial’s Corporate Risk Management (CRM) mission to ensure a comprehensive framework for understanding the risks embedded in and across its businesses, so that the company can manage these risks effectively, evaluate current and future risk challenges and opportunities, and enhance shareholder value.
- Support annual review and ongoing maintenance of MRM’s suite of policies, procedures, and guidance.
- Support model governance in ad-hoc requests and special projects, as needed.
- Support Operational Risk Management in ad-hoc requests and special projects, as needed.
We’re looking for people who have:
- A bachelor’s degree from an accredited college/university, preferred.
- 3+ years of professional experience in model risk governance or corporate risk governance, preferably in the insurance or financial services industry.
- Advanced analytical capabilities and MS Excel skills. Experience with Power BI or a comparable BI tool is preferred
- Experience with GRC technology solutions (i.e., IBM OpenPages) and knowledge of other key IT systems (e.g., GEP SMART, SAP, Concur, ServiceNow)
- Solid understanding of risk management frameworks and industry best practices
- Strong interpersonal and communication skills who works well in a collaborative team environment
- Demonstrated ability to work in a diverse environment adhering to the highest ethical standards
- Ability to manage multiple competing priorities and remain adaptable
Research shows some people may not apply for a role if they don’t check all the boxes of a job description. If you don’t check every box listed, that’s okay. We would love to hear from you.
What you’ll receive:
- Compensation – Base salary ranging from $75,000 - $98,000 plus competitive performance-based incentives determined by company and individual results.
- Flexible Work Environment – Work remotely or in the office to better thrive in all areas of life.
- Paid Time Off – Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time.
- Financial Health – Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), 15% employee stock purchase plan discount, and financial counseling services.
- Health and Wellness – Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
- Family Support – Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey.
- Life and Disability Support – Gain access to company-paid basic life insurance and short-term disability insurance.
The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building. We’d love for you to join us during those company-wide and department-wide events to help you strengthen connections across the company.
Why join us?
Brighthouse Financial is on a mission to help people achieve financial security. Our company is one of the largest providers of annuities and life insurance in the U.S.,* and we specialize in products designed to help people protect what they’ve earned and ensure it lasts.
We empower employees to collaborate, bring their passion to work, and make an impact. Our inclusive work environment fosters a culture that celebrates diverse backgrounds and experiences. You can find out more about our company culture by visiting brighthousefinancial.com/about-us/careers/.
We’re proud to be one of the largest providers of annuities and life insurance in the U.S.* and recognized as one of the Healthiest Employers of Greater Charlotte by the Charlotte Business Journal. We’re also honored to be named to Newsweek’s list of Most Trustworthy Companies in America.
* Ranked by 2022 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2023.
Nearest Major Market: Charlotte
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