Operational Risk Management Intern
Position Information
Hiring Manager:
Director
Department:
Operational Risk Management
Department Overview
The Operational Risk Management ("ORM") Department is responsible for the Risk Mitigation Framework. The Risk Mitigation Framework provides the process, tools and approach that are needed to support and enhance the control environment required to minimize operational risks related to Golub Capital's non-investment functions. The Risk Mitigation Framework was created to minimize material losses, provide process and internal control oversight, and anticipate potential material loss events. The Risk Mitigation Framework is comprised of a set of consistent and repeatable elements that allow Golub Capital to identify, assess, mitigate, and report on the operational risk profile of the firm. The Risk Mitigation programs include Risk and Control Self-Assessment ("RCSA"), Issue Management ("IM"), Vendor Risk Management ("VRM"), Business Continuity Management ("BCM"), and Internal Control Testing ("ICT").
Position Responsibilities
The essential functions include participation in the assessment of risks Golub Capital faces and supporting a comprehensive plan to identify, measure, supervise and report risk components. We are looking for an individual to support the continued development of this function and to help us take the program to the next level. This individual will assist the team execute risk management-related responsibilities and projects.
This role will require strong management skills to develop detailed plans, track progress, handle obstacles and ultimately deliver new initiatives on budget and on schedule. In addition to managing the project tasks, the candidate will gain a thorough understanding of the deliverables. This is an internal client-facing role requiring communication with users at all levels of the organization. As a result, exceptional verbal and written communication skills are a must.
Responsibilities include but are not limited to:
• Assist with the execution of tasks and initiatives related to further developing the Golub Capital Risk Mitigation Framework;
• Assist with the execution of operational risk-related projects;
• Create and maintain meaningful operational risk reports using PowerBI to meet the needs of senior management and oversight committees;
• Represent team interests at internal meetings, committees and working groups;
• Proactively identify, track and analyze operational risks within Golub Capital, while identifying and implementing critical control improvements; and,
• Cultivate and develop relationships with key Operational Risk Management stakeholders, while promoting a robust risk culture.
Candidate Requirements
Qualifications & Experience:
• Junior attending local university interested in financial services
• 1+ years of experience in financial services risk management, business continuity management, third-party / vendor risk management, Management Information System (MIS) or related role
• Maintain experience or detailed knowledge of business continuity management, or relevant risk management
• Certifications such as Certified Business Continuity Professional (CBCP), or equivalent are a plus
• Understanding and experience with operational loss causes, measures and mitigation strategies
• Experience analyzing excel reports with ability to run formulas preferred
• Assertive, self-motivated, team oriented, flexible and able to multi-task
• Excellent analytical and problem-solving skills
• Exceptional written and verbal communication skills; capable of communicating effectively across all levels of the organization
• Highly motivated and resourceful in a fast paced, growth environment; successful working both independently and as a team member
• Enthusiastic about working in office and creating a Gold Standard hybrid work culture
Additional Information
• Interns have a 40-hour-per-week assignment that last 10 weeks (June 1st - August 7th)
• Hybrid work schedule (required to be in office a minimum of 3 days a week)
• Housing assistance will be available for eligible candidates
• Hourly pay: $25
Critical Competencies for Success
Our Gold Standards Model defines key behaviors and competencies across 4 dimensions: Leadership, Achieving Results, Personal Effectiveness and Thinking Critically. These behaviors and competencies drive our ability to win together.
• Leadership: Role models in this area consistently focus on the right goals and priorities and continually develop themselves and others. Always team players, they influence and engage with others to contribute to a supportive and inclusive culture where all feel welcome.
• Achieving Results: Role models in this area are high achievers who develop careful plans and deliver consistently and effectively. They hold themselves and others accountable for delivering high quality results, and they remove barriers to ensure others can contribute and grow.
• Personal Effectiveness: Role models in this area build strong relationships, treat others with respect and communicate effectively. They are driven to exceed expectations and are adaptable to changing circumstances.
• Thinking Critically: Role models in this area understand our business, rely on analytical reasoning and seek diverse perspectives to solve problems. They are forward thinking, anticipating issues and addressing them in advance.
The department-specific competencies define the knowledge, skills and abilities that are needed to successfully perform the functional or technical work of this role.
• Change Management: Communicates the benefits and the impact of refinements to internal processes or technology.
• Innovative Mindset: Leverages an agile and creative mindset to drive innovative value creation, continuous process improvement and proactive learning through new technology, processes and people.
• Risk Management: Identifies, forecasts and articulates ways to pursue and manage informed risks in ambiguous, complex or uncertain situations based on sound value propositions and an analysis of potential rewards and costs.
• Technical Communication and Documentation: Documents and communicates technical processes and procedures in area of specialty to stakeholders. Adapts the level of detail and specificity based on the needs of the intended audience.
• Industry Knowledge: Demonstrates an understanding of risk management and the Firm's position in the industry, including its complex structure and competitive advantage in the marketplace. Monitors industry trends and changes and recognizes their relevancy and implications.
• Business Needs Assessment: Identifies business needs across departments within the Firm to understand the challenges, goals and problems that the business needs to solve and identifies appropriate technical solutions.
• Project / Program Management: Manages projects and / or programs through planning, identifying resources, monitoring and communicating project activities and assessing impacts of project decisions.
Golub Capital is an Equal Opportunity Employer.
Due to the highly regulated nature of Golub Capital's business and because of the sensitivity of the information that all personnel have access to, Golub Capital performs extensive and thorough pre-hire screens to ensure that its personnel act with expected levels of integrity, professionalism and personal responsibility.
