AVP Operational Risk Management – Employee Benefits

Voya Financial

AVP for Business Risk in Employee Benefits, enhancing risk management frameworks and compliance. Collaborate cross-functionally to mitigate risks and ensure strong governance practices.

Posted 5/29/2026full-timeArizona, Connecticut, Minnesota • 🇺🇸 United StatesLead💰 $175,000 - $195,000 per yearWebsite

About the role

Key responsibilities & impact

Develop and implement a comprehensive risk management strategy for the Employee Benefits business.
Provide risk advice, monitor and assess business risks associated with sales, product offerings, operational processes, finance and market conditions.
Build and maintain relationships at all levels of the organization to understand current initiatives, risks and roadblocks to provide timely and effective risk support.
Conduct regular risk assessments, stress testing, and scenario analysis to evaluate potential vulnerabilities.
Ensure adherence to regulatory requirements and internal policies, driving compliance through effective risk governance.
Collaborate with cross-functional teams, such as compliance, legal, privacy and internal audit, to identify and support the business in mitigating risk to an acceptable level.
Provide training and guidance to teams on risk management best practices and foster a culture of risk awareness.
Lead cross-functional projects to improve risk reporting, risk metrics, and overall risk management capabilities.
Prepare reports and presentations for the Risk leaders and committees and other key stakeholders, detailing risk profiles, and mitigation strategy.
Create a high-performing, cohesive team by having regular 1:1’s, setting clear goals, providing constructive feedback, coaching, and fostering a continuous learning environment that aligns with career goals and company objectives.
Foster a culture of excellence by prioritizing top-tier hiring, conflict resolution, and performance monitoring.

Requirements

What you’ll need

Bachelor’s degree in Finance, Business Administration, Risk Management, or a related field.
Minimum of 5 years of relevant experience in risk management, compliance, or operational risk within the financial services industry, preferably in employee benefits.
Proven experience in risk assessment methodologies, including quantitative and qualitative risk analysis.
Excellent analytical skills with a strong attention to detail and the ability to synthesize complex information.
Ability to travel.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

risk management strategyrisk assessment methodologiesquantitative risk analysisqualitative risk analysisstress testingscenario analysisrisk reportingrisk metricscomplianceoperational risk

Soft Skills

relationship buildinganalytical skillsattention to detailcoachingconflict resolutionperformance monitoringcommunicationteam leadershiptrainingfostering culture of excellence