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Operational Risk Manager
2 months ago
We are seeking an individual with vast experience in Operational Risk who is willing to join an exciting client of ours. You will be responsible for the following:
- Lead the RCSA process across various bank departments, acting as an operational expert to identify and mitigate operational risks effectively.
- Analyze background information on business unit activities to gain a comprehensive understanding of the areas being assessed.
- Work closely with risk owners to evaluate key processes, identify risks, assess mitigating controls, and develop action plans to address any identified gaps.
- Partner with relevant departments to investigate operational risk events, perform root cause analyzes, and recommend improvements.
- Record and update the operational risk events register to ensure accurate tracking and reporting.
- Use tracking tools to monitor the implementation of action plans addressing residual risks identified in RCSAs and operational risk event mitigation plans.
- Ensure that process owners have effectively implemented the action plans.
- Oversee the risk management of third-party vendors.
- Create and maintain business continuity plans to ensure operational resilience.
- Handle incident management processes, ensuring timely and effective responses to operational incidents.
- Assist in the preparation of reports and presentations for the Board Risk Committee.
- Collaborate with other departments to promote a strong operational risk culture across the bank.
Requirements
- Bachelor's degree in Finance, Accounting or Business Administration
- 5+ years of experience within operational risk within a financial services industry
- Bilingual - English & Spanish preferred