Junior Risk Analyst - Remote Opportunity

About the Role

We are seeking a Junior Risk Analyst to join our Governance, Risk, and Compliance (GRC) team at Oyster. This remote position is perfect for early-career professionals looking to make an impact in the field of risk management. As a Junior Risk Analyst, you will play a crucial role in developing and maintaining Oyster’s Enterprise Risk Management (ERM) program, supporting risk identification, assessment, monitoring, and reporting across our global employment platform.

What You'll Do

• Assist the Risk Manager in building and maintaining an Enterprise Risk Management Programme.
• Support the development and continuous improvement of Oyster’s enterprise risk register, risk appetite framework, and risk taxonomy.
• Conduct periodic risk assessments across various business functions, identifying risk owners, inherent/residual risk ratings, and control gaps.
• Coordinate risk workshop meetings: prepare agendas, draft meeting notes, track action items, and maintain risk documentation.
• Monitor Key Risk Indicators (KRIs) and assist in developing risk dashboards and executive-level reporting materials.
• Support third-party and vendor risk management processes, including initial risk tiering, screening, and periodic reviews.
• Assist with operational risk assessments for new product launches, geographic expansions, and process changes.
• Document risk findings clearly, including rationale behind risk ratings and escalation decisions.
• Assist with KYC/KYB due diligence on new and existing business clients, ensuring compliance with AML regulations across applicable jurisdictions.
• Contribute to the development of compliance policies, playbooks, FAQs, and training materials.

Requirements

• 1–2 years of experience in risk management, compliance, KYC/AML, internal audit, or a related field.
• Basic understanding of risk management frameworks (e.g., ISO 31000, COSO ERM) or a demonstrated willingness and ability to learn quickly.
• Familiarity with KYC/AML concepts, customer due diligence (CDD/EDD), and sanctions screening fundamentals.
• Strong analytical, research, and organizational skills with high attention to detail.
• Clear written and verbal communication skills; ability to document findings and summarize risks for varied audiences.

Nice to Have

• Certification CAMS, CRISC, CRMA, CRM, GRCP, or equivalent.
• Knowledge of AML Law including BSA, USA PATRIOT Act, OFAC, FATF guidelines.
• Exposure to risk management platforms.

What We Offer

• Work from anywhere: Enjoy the flexibility of a fully remote position.
• Paid time off: 40 days off per year, including holidays and vacation.
• Mental health support: Access to mental well-being services.
• Wellbeing allowance: Monthly allowance for health and wellness expenses.
• Flexible parental leave: At least three months’ paid leave for new parents.
• WFH stipend: Financial support for your home office setup.

Join us as a Junior Risk Analyst and help us drive change in the world of global employment. Apply now for this exciting remote opportunity!