Director, Business Risk Review - Draper Ut Preferred Or Remote

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.

The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data, and resources they need to feel their best. You will work in the Optum division of UnitedHealth Group. Optum delivers care aided by technology and data, empowering people, partners and providers with the guidance and tools they need to achieve better health. UnitedHealthcare offers a full range of health benefits, enabling affordable coverage, simplifying the health care experience, and delivering access to high-quality care.

Come make an impact on the communities we serve as we help advance health equity on a global scale. Here, you will find talented peers, comprehensive benefits, a culture guided by diversity and inclusion, career growth and opportunities.

Operational Risk provides leadership in the planning, development and implementation of the operational risk framework, policies, standards, and procedures which are aligned with the Bank's strategic goal.

This role will be responsible for independently assessing the effectiveness of the bank’s processes, procedures and policies on both 1st and 2nd lines of defense. The team will identify, report, and communicate the effectiveness of Optum Bank’s governance processes and procedures and will recommend and implement risk management best practices and controls to mitigate current and upcoming risks.

You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.

Primary Responsibilities:

• Lead, Participate and Manage reviews of different functions within the bank and effectively document and communicate findings, limitations of the processes and recommendations to the process owners
• Define review scope, perform walkthroughs of processes to evaluate the adequacy of the controls and develop tests and perform testing to assess control effectiveness
• Prepare detailed, independent review of individual processes, Commercial, consumer and SMB underwriting and ongoing reviews of counterparties with credit risk. Review will include analysis of adherence with established procedures and regulatory guidance and document conclusions clearly and concisely
• Credit Risk reviews will include checking the accuracy of credit ratings, timeliness of any rating changes, accuracy and timeliness of impairment analysis, identification of process weaknesses, and adherence to applicable bank credit policies and procedures, laws, and regulations
• Provide effective challenge to existing policies, procedures, credit rating methodologies, and processes and ensure they meet applicable laws and regulations
• Ensure relevant parties consisting of process owners and senior management are informed on a timely basis, of significant findings arising from the review
• Follow up on review recommendations and assess management and process owner’s corrective actions
• Prepare and lead industry reviews to assess portfolio risks, sector trends and emerging risks

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

• 10+ years of relevant banking, credit risk or audit and control experience
• 7+ years of experience working in relevant areas such as internal control/ risk management areas, Audit, and/or Finance
• Experience in lending, credit risk management, regulatory supervision, credit audit or similar work experience with Commercial, Consumer and Small Business experience
• Solid technical experience consisting of knowledge of credit analysis in various sectors, rating analysis/methodologies, banking processes and/or credit/loan documentation
• Knowledge of banking regulations related to Commercial, Consumer and Small business lending and risk management
• Functional background in finance and accounting
• Proven solid project management skills and ability to multi-task
• Proven ability to effectively collaborate and work in team environment with diverse stakeholders
• Demonstrated ability to present with impact and build consensus across senior stakeholder groups

Preferred Qualifications:

• Bachelor’s degree and/or master’s degree
• Experience working within healthcare finance
• Experience contributing to development of materials and reports for senior and executive level management (e.g., Board and Management Level Committee)
• Experience managing and leading team of junior analysts
• Demonstrated relationship management skills including managing and engaging stakeholders, customers, and vendors, and building relationship networks

California, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, or Washington Residents Only: The salary range for California, Colorado, Connecticut, Nevada, New Jersey, New York, Rhode Island or Washington residents is $122,100 to $234,700 annually. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone–of every race, gender, sexuality, age, location and income–deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.