Summer Student - Operational Risk Management

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

We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future.  We know that reaching this future depends on our actions today.

Like our Purpose Statement, 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.

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

Get to Know the Opportunity:

This position is part of Voya Investment Management’s Summer Student Program, which offers students the opportunity to gain firsthand experience in the investment management industry while working alongside professionals across the Voya Investment Management organization.

As an Operational Risk Management Summer Student, you will assist the team with projects and day-to-day activities while developing an understanding of operational risk management practices at Voya and across the industry. You will have opportunities to collaborate with Risk team members, meet business partners across the organization, and participate in risk meetings and educational discussions.

This role is based in our Atlanta office, with expected onsite presence on average up to 2 days per week to support team and business priorities.

The Contributions You’ll Make:

- Support incident management data entry, analysis, and reconciliation activities.
- Assist with compiling ad hoc incident and Key Risk Indicator reports, charts, and dashboards requested by the business.
- Help draft Operational Risk Management reports, presentations, and other materials.
- Review the Operational Risk Management function overview and framework to develop an understanding of the team’s responsibilities and processes.
- Attend regular team meetings with Risk professionals to learn how Operational Risk Management works with areas such as Investment Risk, Analytics, and Reporting.
- Participate as a guest in Operational Risk Committee meetings and biweekly Risk meetings for learning and professional development.
- Assist with updating the Investment Management business-unit hierarchy to reflect organizational announcements and operating-model changes, as needed.
- Support the review and revision of internal procedures, templates, and related materials, as needed.
- Review the inventory of longstanding BlackRock issues and action items in partnership with Digital Investment Group and Operational Risk Management contacts.
- Analyze previously completed Operational Risk Management risk reviews to help identify areas that may be due for review, leveraging the Atlas tool.
- Assist with incident reconciliations between WebFOCUS and Archer.
- Conduct research on operational risk industry developments and trends.
- Support the automation and transition of Key Risk Indicator and incident dashboards.

Minimum Knowledge & Experience:

- High School Diploma or GED required.
- Currently pursuing a bachelor’s degree in finance or related degree.
- Strong analytical, written, and verbal communication skills.
- Self-motivated with the ability to collaborate effectively with multiple members of the Risk team.
- Ability to manage assigned responsibilities while maintaining strong attention to detail.
- Interest in operational risk management, investment management, financial services, or a related field.

Preferred Knowledge & Experience:

- Foundational knowledge of databases, programming languages, or data-analysis tools.
- Experience using Microsoft Excel and PowerPoint to organize information and prepare reports or presentations.
- Interest in data analysis, dashboard automation, process improvement, or risk reporting.
- Ability to learn new systems, including risk management and reporting tools.

How This Role Aligns to Our Core Four:

Voya’s Core Four guide how we work, support one another, and deliver meaningful outcomes. In this role, you will bring these expectations to life through thoughtful analysis, collaboration, and attention to operational risk.

- Instill Customer Obsession: Support accurate risk reporting and analysis that help protect the organization and strengthen the experience of the customers and stakeholders we serve.
- Transform with Automation/AI: Identify opportunities to improve and automate Key Risk Indicator and incident dashboards while using available technology responsibly.
- Drive Higher Performance Through Our People: Partner with Risk team members and business colleagues to learn, share information, and contribute to effective team outcomes.
- Execute on the Fundamentals: Complete data entry, reconciliations, reporting, and procedural reviews with accuracy, consistency, and strong risk awareness.

#LI-MN1

Compensation Pay Disclosure:

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$23.00/hr. USD

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

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities .

Misuse of Voya's name in fraud schemes