In this role, you will:
- Manage the development, implementation, and monitoring of a risk-based program for a business or large functional area with moderate to high risk to identify, assess and mitigate operational risk that arises from inadequate or failed internal processes, people, systems, or external events
- Maintain a balance between risk mitigation and operational efficiency
- Evaluate the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls
- Analyze business and system changes to determine impact, assess operational risk issues, and assign risk ratings consistent with established policy standards
- Provide operational risk expertise and consulting to complex business units for initiatives with high risk
- Design and develop testing strategies, methodologies and analyses
- Consult with the business to develop corrective action plans and effectively manage change
- Identify training opportunities
- Design and coordinate the development of training materials and coordinate or deliver training
- Report findings and develop business cases to influence management on the need for controls to mitigate risk
- Manage and coordinate production of periodic operational risk performance reports for management, including trend research and recommended strategies
- Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Required Qualifications:
- 4+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Overall 4+ yrs of experience with hands on experience with RCSA, Risk assessment, control reviews.
- Exposure to Banking business domains and Technolgy processes
- Ability to understand the risk exposures and identify potential emerging risks from banking technology processes.
- Any skills in automation such as Python, excel macros, or reporting and AI are additional advantage
Job Expectations:
- Knowledge and understanding of continuous monitoring tools/detection tools/controls/processes including technology processes, and ability to identify emerging risks and offer mitigations recommendations
- Business domain knowledge on Banking business functions processes
- Experience with Risk Appetite Metric and Key Indicator programs
- Experience with Risk Control Self-Assessment (RCSA) process
- Experience with Operational Risk Event (ORE) assessment process
- Experience with Enterprise Risk Identification (ERID) assessment process
- Experience with Tableau and other visualization tools, with the ability to incorporate a visual data story into an actionable narrative for executive audience
- Knowledge of SHRP and other risk systems
- Experience in establishing and managing training programs
- Ability to review and develop work plans and effectively summarize results
Employment Type: Full Time, Permanent
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