Risk Settlement Support - Associate

As a Risk Settlement Support Associate at Capco, your primary responsibilities will include gathering and analyzing data from various sources to recommend client credit tiers, inputting data accurately into our risk infrastructure, and managing daily processes to meet agreed SLAs. You'll also review alerts related to breaches and assists in maintaining process documentation, ensuring smooth operations within our team.

To apply for the Risk Settlement Support Associate position at Capco, prospective candidates should have at least 2 years of experience in Operations or Compliance roles within the financial services sector. Familiarity with financial data gathering and analysis will also be beneficial. Capco values diversity and is committed to helping you succeed, so don't hesitate to reach out about your relevant experiences.

Capco is dedicated to the ongoing learning and development of its employees, including those in the Risk Settlement Support Associate role. Comprehensive training will be provided, equipping you with the skills you need to excel in your position. Additionally, you will have the opportunity to work closely with senior partners and gain valuable insights into the financial services industry.

At Capco, you’ll find a supportive and inclusive work environment focused on innovation and client relationships. The culture is flat and non-hierarchical, fostering collaboration among team members while valuing each individual's contributions. Flexibility is also a key aspect of this role, allowing you to work part-time from home and in the office.

Capco offers an enhanced package of benefits to its employees, including competitive family-friendly policies, maternity and shared parental leave, paid leave for various circumstances, and ongoing learning opportunities. This commitment to employee well-being ensures that you can thrive both personally and professionally within the company.

It's crucial to be methodical in your approach. Start by utilizing reliable sources like Bloomberg or audited financial accounts. Always cross-verify the data before inputting it into the system, and follow up with regular audits of the data to catch discrepancies early.

Use the STAR method to structure your response. Begin by describing the Situation you faced, the Task you needed to accomplish, the Actions you took to resolve the issue, and the Result of your actions. Highlight teamwork or seeking guidance when necessary.

Discuss your experience with any relevant software, such as Bloomberg terminals, Microsoft Excel, or risk management platforms. Explain how you utilized these tools to improve data accuracy and streamline processes, showcasing your tech-savvy nature.

Prioritization is key in a dynamic role like this. I would assess tasks based on urgency and importance, possibly using a matrix system. It’s important to communicate clearly with team leads about deadlines and any assistance needed to ensure all tasks are completed effectively.

Express enthusiasm for Capco's commitment to diversity, inclusion, and employee development. Research the company’s values and projects, and mention how these align with your career goals and personal values.

Credit risk pertains to the possibility of a loss resulting from a borrower's failure to repay a loan or meet contractual obligations. Understanding it is vital because it affects a company's financial health and credibility; hence, being thorough in analysis can significantly impact the business.

Data integrity is crucial because it ensures accurate reporting and informed decision-making in financial services. Errors can lead to faulty analysis, impacting risk assessments. Emphasize your commitment to maintaining high standards in data management.

Share specific examples of working under compliance rules in prior roles. Discuss how you kept up with regulations and how you were involved in ensuring operations adhered to these guidelines, demonstrating your proactive approach to compliance.

Emphasize the importance of communication in conflict resolution. Explain that you would remain objective, present data to support your perspective, and be open to understanding their viewpoint. Ultimately, a solution-focused discussion can lead to the best outcome.

Highlight analytical skills, attention to detail, and a solid understanding of financial concepts. Additionally, strong communication skills are essential for collaboration and reporting, as well as adaptability to thrive in a fast-paced environment.