Sr Risk Analyst, ERM

About the position The Corebridge Financial Enterprise Risk Management (ERM) team defines our company’s requirements for managing and overseeing risk activities including Operational Risk. Operational risk is inherent in each of our business units and functions and can have many impacts, including but not limited to unexpected economic losses or gains, reputational harm due to negative publicity, regulatory action from supervisory agencies and operational and business disruptions, and/or damage to customer relationships. This position will work closely with multiple functional disciplines across the firm including ERM, Compliance, Legal, Pricing, Product Development, HR, IT, Marketing, Sales, Operations, and Internal Audit.

Responsibilities

• Conduct Risk and Control Self-Assessments (RCSA): Partner with business units to identify key risks, assess controls, and create mitigation plans; maintain and periodically update the risk register as risks evolve.
• Evaluate Process Risk Controls (PRCs) and Emerging Risks: Recommend appropriate treatment strategies by monitoring control effectiveness, risk exposure, and operational loss events (including near misses).
• Develop and Maintain Risk Methodologies: Enhance risk assessment frameworks and scoring criteria aligned with the Enterprise Risk Management (ERM) framework; ensure consistency with risk appetite statements and governance structures.
• Leverage GRC Platforms (Archer, LogicGate, MetricStream, ServiceNow): Manage workflows for RCSAs, issues, action plans, risk event tracking, and regulatory compliance documentation.
• Create Dashboards, Heat Maps, and Reports: Generate data visualizations, scenario analyses, and reports for senior management, executive leadership, auditors, and regulators to support risk-informed decision-making.
• Support Governance Committees: Provide periodic updates and risk reports to the Enterprise Risk Committee (CERC), Nonfinancial Risk Committee (NFRC), and various other risk committees.
• Perform Risk Testing and Scenario Analysis: Support the execution of risk assessments, control testing, and scenario analyses to evaluate potential exposures and effectiveness of remediation measures.
• Monitor Operational Risk Events: Track incidents, losses, and near misses; conduct root cause analyses, remediation, and trend reporting to strengthen controls.
• Embed Risk Management Practices: Partner with business units to integrate risk management into day-to-day operations, provide guidance on mitigation strategies, and continuously enhance ERM policies and

Requirements

• Bachelor’s degree in finance, Business, Economics, Risk Management, or related field (Master’s preferred).
• 4+ years of experience in risk management, audit, compliance, or related discipline.
• Strong understanding of operational risk concepts, ERM frameworks, and regulatory requirements (e.g., Basel, SOX, COSO).
• Excellent analytical, problem-solving, and critical thinking skills.
• Proficiency in Microsoft Excel, PowerPoint, and risk management tools/software.
• Strong communication skills, both written and verbal, with the ability to influence stakeholders.

Nice-to-haves

• Experience with GRC tools is desirable.

Benefits

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

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