Summer Student – Operational Risk Management vacancy in Voya Investment Management United States

Website Voya Investment Management

This Jobsfunter Listing is about Voya Investment Management in United States

About the job

Together we strive for everyone’s opportunity towards a better financial future.

Together we stand up for and champion everyone’s access to opportunity. We strive for better together. We advocate for everyone and not against anyone. Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision to be America’s Retirement Company®.

Are you ready to join a great company with a winning culture? Start your Voyage – Apply Now

Assist the Operational Risk Management team with various projects and day to day tasks while meeting business partners across the firms and attending various risk meetings to develop a solid undertaking of risk management best practices at Voya and across the industry. The individual will be provided opportunities to learn and interact with Risk team members as well as business partners across Voya IM. Please Note: Work location for this role is FLEXIBLE! This position allows 100% remote work from home or allows work to be performed in any of our major office locations with a hybrid schedule.

Job Responsibilities

  • Assess System & Folder Access requirements and provide as needed (Archer, Webfocus, ORM folder access)
  • Operational Risk Management “ORM” Function/Team Overview with ORM team
  • Investment Risk Review “IR” Function/Team Overview
  • Regular or biweekly meetings with key members of the Risk team to continue to learn about the Risk function and how we interact with the business
  • Attend some of the ORC Meetings as a guest and the Risk Bi-weekly meeting for learning & education opportunities
  • Assist with updating IM BU Hierarchy incorporating recent organization announcements and operation model changes
  • Review inventory of BR issues/action items that haven been open and outstanding for years that are not being addressed by BR


  • Quant Model Inventory Support
  • Work to enhance KRI dashboards and reporting
  • Assist with maintaining inventory of KRI data that we currently do not have in one place (for example, valuation and Ops KRI data which is provided for each month is not maintained in one spreadsheet). This can assist ORM team in further KRI analysis (i.e., account impacted, types of

valuation issues, root cause of valuation issues).

  • Work on Risk & Incident Predictive Analysis
  • Conduct Operational Risk Industry Trends & Research

Colorado Residents Only: The pay range for Colorado residents is $20 to $23 per hour. Pay is based on several factors including but not limited to education, work experience, certifications, etc. A list of additional benefits can be found on our job posting and also on our Voya career page. All benefits are subject to eligibility requirements.

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer

  • Health, dental, vision and life insurance plans
  • 401(k) Savings plan – with generous company matching contributions (up to 6%)
  • Voya Retirement Plan – employer paid cash balance retirement plan (4%)
  • Tuition reimbursement up to $5,250/year
  • Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
  • Paid volunteer time — 40 hours per calendar year

Learn More About Voya Benefits (download PDF)

Critical Skills

At Voya, we have identified the following critical skills which are key to success in our culture:

  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
  • Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.

Learn More About Critical Skills

Equal Employment Opportunity

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Reasonable Accommodations

We are committed to maintaining a diverse workforce. This commitment governs all decisions related to employment, including selection, development and compensation. It also includes an employee’s request for reasonable accommodation. All employees will be treated in a manner free from discrimination or harassment. Voya is committed to providing equal employment opportunities for persons with disabilities, including reasonable accommodation when needed. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please see our resources for applicants with disabilities.

Misuse of Voya’s name in fraud schemes

Company: Voya Investment Management

Vacancy Type: Full-time 

Job Location: United States

Application Deadline: N/A

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