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Senior Risk Analyst

Who we are is what we do.

Deel and our family of growing companies are made up of global teams dedicated to helping businesses hire anyone, anywhere, easily. 

The team comprises over three thousand self-driven individuals spanning over 100 countries, and our unified yet diverse culture keeps us continually learning and innovating the platform and products for customers.

Companies should be able to hire the best talent anywhere in the world, so we are building the best platform to make that a reality. Our market-leading technology, expertise, and global team are crucial to the platform’s success. We deliver the best products and features in our space, enabling millions of jobs worldwide and connecting the global workforce with the best companies and opportunities.

Why should you be part of our success story?

A 30-mile hiring radius should no longer dictate how companies hire because exceptional talent lives everywhere. Deel sees a world without hiring borders and endless talent that pairs perfect candidates with great companies.

We offer global teams all the tools they need to hire, onboard, manage, pay, and scale at full speed. We aim to foster a diverse global economy by building a generational platform that seamlessly connects companies with talent worldwide.

After our successful Series D in 2021, we raised another $50M in 2023, doubling our valuation to $12B. There’s never been a more exciting time to join Deel — the international payroll and compliance market leader.

We’re seeking a dynamic Senior Risk Analyst to join our Global Risk Management team. This role will play a pivotal part in developing and managing corporate risk and insurance strategies, optimizing processes, and delivering actionable insights for scalable growth. If you thrive in a collaborative, innovative environment and are passionate about solving complex challenges, this role is for you.

What You’ll Do

As a Senior Risk Analyst, you’ll collaborate across operations, finance, and legal to assess, mitigate, and manage risk in a fast-evolving environment. Your key responsibilities include:

  • Draft, maintain, and update model risk policies and procedures aligned with Deel’s ERM framework.

  • Support the implementation of Key Risk Indicator (KRI) and ERM frameworks

  • Review documentation (Policy, Standards and Procedures) to ensure completeness, gain feedback from key stakeholders and confirm alignment with enterprise policies.

  • Work with team members and key stakeholders to develop appropriate metrics and deliver relevant and accurate data.

  • Work with internal teams, including the Technology senior leadership team, to gain an in-depth understanding of existing risks, causes, severity rating, controls, and remediation.

  • Leverage internal systems and tools (e.g., Risk Management Information System, actuarial reports) to identify and act on trends in loss and cost of risk.

  • Develop benchmarking metrics to drive risk mitigation priorities.

  • Oversee the implementation and ongoing management of core ERM frameworks and programs, including but not limited to risk appetite, key risk indicators (KRIs), risk and control self-assessments (RCSAs), product risk management.

  • Lead initiatives to enhance the ERM frameworks and ensure alignment with organizational goals and industry best practices.

  • Foster a risk aware culture by developing and enhancing risk education, educating business and control functions on risk management principles, and finding opportunities to integrate risk principles into the way we operate

  • Prepare regular and ad-hoc risk reports for ERM governance, boards, and other relevant stakeholders

What You Bring

Qualifications

  • Bachelor’s degree in a related field.

  • Work Experience: 5-7 years; Risk Management, Technology Risk Management, IT Operational Risk Management and risk reporting.Expertise with ERM frameworks, including risk appetite, KRIs, RCSAs

  • Experience with integrating risk management frameworks into business processes and fostering a risk aware culture

  • Demonstrated experience supporting and/or leading risk projects across multiple business lines offering a wide variety of financial services products and services.

  • Advanced understanding of the regulatory environment and the risks of products and payment services in Deel.

  • Excellent analytical and complex problem solving skills.

  • Strong project management skills.

Preferred Qualifications

  • Professional certifications in auditing, risk, or compliance (e.g., CIA, CRM).

  • Strong analytical skills with proficiency in SQL and Excel.

  • Experience defining program requirements and leveraging data-driven insights to optimize processes.

Total Rewards

Our workforce deserves fair and competitive pay that meets them where they are. With scalable benefits, rewards, and perks, our total rewards programs reflect our commitment to inclusivity and access for all. 

Some things you’ll enjoy

  • Provided computer equipment tailored to your role

  • Stock grant opportunities dependent on your role, employment status and location

  • Additional perks and benefits based on your employment status and country

  • The flexibility of remote work, including WeWork access where available

At Deel, we’re an equal-opportunity employer that values diversity and positively encourage applications from suitably qualified and eligible candidates regardless of  race, religion, sex, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, pregnancy or maternity or other applicable legally protected characteristics.

Unless otherwise agreed, we will communicate with job applicants using Deel-specific emails, which include @deel.com and other acquired company emails like @payspace.com and @paygroup.com. You can view the most up-to-date job listings at Deel by visiting our careers page.

Deel is an equal-opportunity employer and is committed to cultivating a diverse and inclusive workplace that reflects different abilities, backgrounds, beliefs, experiences, identities and perspectives.

Deel will provide accommodation on request throughout the recruitment, selection and assessment process for applicants with disabilities. If you require accommodation, please inform our Talent Acquisition Team at recruiting@deel.com of the nature of the accommodation that you may require, to ensure your equal participation.

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CEO of Deel
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What You Should Know About Senior Risk Analyst , Deel

Join Deel as a Senior Risk Analyst and be a crucial part of our ever-evolving Global Risk Management team in London! At Deel, we believe in a world without hiring borders, connecting companies with exceptional talent from anywhere. As a Senior Risk Analyst, you’ll play a pivotal role in shaping our corporate risk and insurance strategies, allowing us to enhance our innovative platform even further. Your day-to-day will involve collaborating across operations, finance, and legal teams to assess and manage risks while also developing and maintaining risk policies that align with our enterprise risk management (ERM) framework. You’ll have the chance to draft policies, review documentation, and deliver insightful data through key risk indicators (KRIs). Moreover, by leveraging our advanced systems and tools, you’ll identify trends in loss and cost of risk, which will be essential in driving our risk mitigation priorities. We're looking for someone who thrives in a collaborative environment and is eager to solve complex challenges. If you possess strong analytical skills and a keen understanding of regulatory environments, this role at Deel is the perfect opportunity to contribute to our mission while advancing your career in risk management. We're excited for you to help us build a safer and more efficient talent marketplace globally!

Frequently Asked Questions (FAQs) for Senior Risk Analyst Role at Deel
What are the main responsibilities of a Senior Risk Analyst at Deel?

As a Senior Risk Analyst at Deel, your main responsibilities include drafting and maintaining model risk policies within our ERM framework, implementing key risk indicators, collaborating with multiple departments to assess risk, and preparing regular risk reports for governance. You’ll play a vital role in fostering a risk-aware culture and strategically manage risks across the organization.

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What qualifications do I need to apply for the Senior Risk Analyst position at Deel?

To apply for the Senior Risk Analyst position at Deel, you should have a bachelor's degree in a related field along with 5-7 years of experience in risk management, specifically in technology or IT operational risk. Strong analytical skills, proficiency in SQL and Excel, and a solid understanding of risk management frameworks are also essential for this role.

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What kind of projects will a Senior Risk Analyst lead at Deel?

As a Senior Risk Analyst at Deel, you will lead various risk projects, including the implementation of ERM frameworks, development of KRI metrics, and reviews of internal documentation. You’ll have the opportunity to enhance existing processes and educate other teams on risk management principles, making your impact felt across the organization.

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How does Deel support the professional development of its Senior Risk Analysts?

Deel is committed to the professional growth of its Senior Risk Analysts by offering stock grant opportunities, continuous learning resources, and a flexible work environment. You'll have access to tailored computer equipment and additional perks based on your employment status, helping you thrive both personally and professionally.

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Can you explain the company culture at Deel for Senior Risk Analysts?

Deel fosters a diverse and inclusive workplace culture, allowing Senior Risk Analysts to thrive in collaborative and innovative environments. We prioritize a risk-aware culture, meaning your contributions to risk management will be valued and integral to the company’s objectives. We believe in equal opportunity, encouraging applicants from all backgrounds to contribute their unique perspectives.

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Common Interview Questions for Senior Risk Analyst
How do you assess and manage risk in a rapidly changing environment?

When assessing and managing risks in a fast-evolving environment, I focus on identifying potential risks through data analysis and collaboration with cross-functional teams. I prioritize vulnerabilities and develop actionable mitigation strategies to ensure compliance while monitoring the effectiveness of those strategies over time.

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Can you explain your experience with ERM frameworks and how you apply them?

My experience with ERM frameworks involves implementing key metrics and best practices to ensure comprehensive risk assessment and management. I regularly review and adapt these frameworks based on organizational needs and changes in the regulatory environment to safeguard business continuity effectively.

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What strategies do you use for reporting risk to executive leadership?

When reporting risk to executive leadership, I ensure my reports are data-driven, concise, and tailored to their interests. I use visual aids, such as graphs and dashboards, to highlight key trends and implications while providing strategic recommendations to facilitate informed decision-making.

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How do you educate teams about risk management practices?

I educate teams about risk management practices by developing engaging training sessions and materials that emphasize real-world scenarios. This interactive approach not only clarifies concepts but also fosters a culture of proactive risk awareness throughout the organization.

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Describe a complex risk problem you solved effectively.

In a previous role, I encountered a complex risk problem involving compliance issues in cross-border transactions. I collaborated with various departments to analyze the data, assess the implications, and implement a robust compliance framework that aligned with best practices, reducing potential fines and enhancing our risk posture.

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What tools do you use for analyzing and reporting on risk?

I utilize various tools for analyzing and reporting risk, including statistical software for data analysis, risk management information systems for tracking metrics, and data visualization tools to present findings effectively. Proficiency in SQL and Excel allows me to manipulate data and create insightful reports.

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How do you keep up with regulatory changes impacting risk management?

I stay up-to-date with regulatory changes by subscribing to industry newsletters, attending webinars, and participating in professional organizations. Networking with peers and engaging in continuous education helps me adapt our risk management practices in line with evolving regulations.

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Explain your approach to fostering a risk-aware culture in an organization.

My approach to fostering a risk-aware culture involves regular communication on the importance of risk management, integrating risk considerations into daily operations, and recognizing employees who contribute to risk mitigation efforts. Engaging employees through training and open discussions cultivates a sense of shared responsibility.

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How would you define success as a Senior Risk Analyst?

Success as a Senior Risk Analyst is defined by my ability to proactively identify and mitigate risks while effectively collaborating with cross-functional teams. Achieving measurable improvements in risk management processes and fostering a culture that prioritizes risk awareness would be key indicators of my success.

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What metrics do you believe are most important for assessing risk management effectiveness?

The most important metrics for assessing risk management effectiveness include key risk indicators, the frequency of risk incidents, compliance rates, and outcomes of risk assessments. Regularly reviewing these metrics provides insights into our risk posture and helps drive continuous improvement in our strategies.

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Deel is an American payroll and compliance provider founded in 2019 by Alex Bouaziz, Shuo Wang, and Ofer Simon. The company is based in San Francisco, California and has reported having 2,000 employees in January 2023.

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CULTURE VALUES
Inclusive & Diverse
Collaboration over Competition
Fast-Paced
Growth & Learning
Empathetic
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Full-time, remote
DATE POSTED
December 10, 2024

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