Operational Risk Manager

1 week ago

New York, United States IDB Full time

**Company Description**
For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a passion for providing exceptional service down to the smallest detail. We offer a comprehensive benefits package that includes generous paid time off and the ability to participate in our medical coverage and 401(k) plan on your very first day with us. We are also committed to diversity and inclusion, and to providing all of our team members with an equal opportunity to succeed and make meaningful contributions within a work environment that is respectful, welcoming and inclusive.

This role is for an Operational Risk Manager who acts as the second Line of Defense for Operational Risk in the bank. As an Operational Risk Manager your role will be to identify and limit the risks associated with the Bank’s operations.

The ability to work well with senior stakeholders within the firm and with our regulatory colleagues is essential as this role has high visibility within the bank.

Essential functions include:

- Identification and management of risks through execution of the operational risk framework.
- Providing effective challenge to the first line of defense.
- Proposing solutions to risk issues.
- Facilitate the Risk and Control Self-Assessment ("RCSA") Program.
- Provide guidance and challenge on Operational Risk Incidents.
- Build out the Key Risk Indicator population across the bank.
- Execute Scenario Analysis and Risk Awareness Training.
- Focus on innovation and use of technology to better identify, assess and manage Operational Risks.
- Provide senior management with information to assess the current risks and forecast risks within the business through taxonomy driven analytics.
- Assist with adopting a continuous improvement mindset in the embedding of operational excellence principles.
- Coordinate and collaborate, while building strong relationships, with Audit, Compliance, Operations, IT, Business Lines, and others as appropriate.
- Create, maintain and administer a sustainable framework for efficient and effective Operational Risk reporting across relevant Executives and Committees.
- Providing strategic advancement of fraud detection and prevention techniques.

**Qualifications**
- Minimum 10+ years of experience in the Financial Industry.
- 5+ years of experience in Operational Risk or equivalent function.
- Strong analytical skills and proven ability to develop solutions to complex problems, including those that are analytical, process, and/or data oriented in nature.
- Ability to understand varied business functions quickly and to assess the impact and severity of findings and control issues.
- Strong knowledge of internal control principles.
- The individual should be well versed with Operational Risk Frameworks and effective challenge.
- Strong communication skills in both verbal and written form are required as the work involves frequent interaction with senior management and other stakeholders as well as internal / external auditors and regulators.
- Understanding banking and market products, risk methodologies, practices and procedures.

**Compensation**

The expected annual salary for this position is between $140,000 and $160,000 at the start of employment. A salary offer is determined on an individualized basis, taking into consideration factors such as an individual’s skills and experience. In addition to base salary, our total rewards package also includes eligibility for an annual bonus, medical, pharmacy, dental, and vision plans, life and disability insurance, employee wellness program, retirement and savings plans with employer contributions, generous holiday and paid time off schedules, parental leave, and tuition reimbursement.
**Additional Information**
The Bank will make reasonable accommodations to the following employees to allow them to perform the essential functions of their position, except where doing so would result in undue hardship to the Bank:

- Those with a known mental or physical disability.
- Pregnant individuals and/or individuals with pregnancy or childbirth-related medical conditions.
- Employees with religious observance and practice obligations.

Any employee who believes he or she needs an accommodation for any of the above reasons should contact their supervisor or a member of Human Resources to request such an accommodation. In each case, the Bank will engage in a good faith written or oral dialogue concerning the individual’s accommodation needs; potential accommodations that may address the individual’s accommodation needs, including alternatives to a requested accommodation; and the difficulties that such potential accommodations may pose for the employer.

The Bank retains the ult

  • Risk Management

    2 weeks ago

    New York, United States JPMorgan Chase & Co Full time

    **JOB DESCRIPTION** Bring your expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company,...

  • Operational Risk Management

    1 week ago

    New York, United States Bank of China Full time

    Introduction: Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or...

  • Operational Risk Manager

    2 months ago

    New York, United States Crédit Agricole CIB Full time

    Job description **Business type**: - Types of Jobs - Risk Management / Control **Job title**: - Operational Risk Manager **Contract type**: - Permanent Contract **Job summary**: - Operational Risk professional (1LoD or 2LoD) with at least 7 years of experience, knows and understands well Corporate Investment Banking (CIB) products and services, has...

  • Operational Risk Manager

    1 day ago

    New York, United States Crédit Agricole CIB Full time

    Job description **Business type**: - Types of Jobs - Risk Management / Control **Job title**: - Operational Risk Manager **Contract type**: - Permanent Contract **Job summary**: - Operational Risk professional (1LoD or 2LoD) with at least 7 years of experience, knows and understands well Corporate Investment Banking (CIB) products and services, has...

  • Operational Risk Manager

    7 days ago

    New York County, New York, United States IDB Full time

    Job DescriptionThis role is for an Operational Risk Manager who acts as the second Line of Defense for Operational Risk in the bank. As an Operational Risk Manager your role will be to identify and limit the risks associated with the Bank's operations.The position requires an experienced candidate with strong technical, communication, and organization...

  • Operational Risk Manager

    3 weeks ago

    New York, United States Crédit Agricole CIB Full time

    Description du poste Operational Risk professional (1LoD or 2LoD) with at least 7 years of experience, knows and understands well Corporate Investment Banking (CIB) products and services, has experience dealing with regulators, and ability to lead and drive change for effective operational risk management. Understanding of processes, risks, and...

  • Operational Risk Manager

    3 days ago

    New York, United States City of New York Full time

    Job Description We are a public pension fund that provides New York City educators with retirement, disability, and death benefits. We were established on August 1, 1917 and are one of the largest pension plan sponsors in the United States, with more than $100 billion in assets and over 215,000 active and inactive members, retirees and beneficiaries. Our...

  • Operational Risk Manager

    1 month ago

    New York, United States IDB Full time

    Company Description For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we've enjoyed fundamentally comes down to our people. Here at IDB, you'll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a...

  • Operational Risk Manager

    3 weeks ago

    New York, United States IDB Full time

    Company Description For more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we've enjoyed fundamentally comes down to our people. Here at IDB, you'll work side by side with some of the most talented professionals in the industry who share a strong sense of teamwork and a...

  • Operational Risk Manager

    3 weeks ago

    New York, United States IDB Full time

    Job DescriptionJob DescriptionCompany DescriptionFor more than 70 years, IDB Bank has made it our mission to be the best bank for our clients by putting their needs first, and the success we’ve enjoyed fundamentally comes down to our people. Here at IDB, you’ll work side by side with some of the most talented professionals in the industry who share a...

  • Svp, Risk

    2 weeks ago

    New York, United States Citi Full time

    Operational Risk Management (ORM) is seeking to hire an Operational Risk Manager to support its growing footprint. You will work within ORM’s Global Markets Coverage Team, partnering with Global Equities business and Product Control. The Operational Risk Manager will provide hands-on support to Equities Business Units, Product Control and support...

  • AVP Operational Risk

    4 weeks ago

    New York, United States Broadgate Full time

    I am excited to be partnering with a Regional Bank based in New York who are looking for an AVP Operational Risk during a period of growth. This role will provide second line oversight and effective challenge for operations risks, in the IT area. This position will support the Head of Operational Risk by executing the operational risk framework, including...

  • Principal Operations Risk Manager

    1 month ago

    New York, United States Russell Tobin Full time

    What are we looking for in our Principal Operations Risk Manager? Our client, a global company is seeking an Operations Risk Manager (Financial Services) - Director Location: New York, NY 10035 Duration: 7+ Months Contract with extensions. Pay: $70-$75 DOE The Enterprise Risk Management (ERM) team of GRM is seeking a Director - ERM supporting the...

  • Principal Operations Risk Manager

    4 weeks ago

    New York, United States Russell Tobin Full time

    What are we looking for in our Principal Operations Risk Manager? Our client, a global company is seeking an Operations Risk Manager (Financial Services) - Director Location: New York, NY 10035 Duration: 7+ Months Contract with extensions. Pay: $70-$75 DOE The Enterprise Risk Management (ERM) team of GRM is seeking a Director - ERM supporting the North...

  • Principal Operations Risk Manager

    4 weeks ago

    New York, United States Russell Tobin Full time

    What are we looking for in our Principal Operations Risk Manager? Our client, a global company is seeking an Operations Risk Manager (Financial Services) - Director Location: New York, NY 10035 Duration: 7+ Months Contract with extensions. Pay: $70-$75 DOE The Enterprise Risk Management (ERM) team of GRM is seeking a Director - ERM supporting the North...

  • Principal Operations Risk Manager

    3 weeks ago

    New York, United States Russell Tobin Full time

    What are we looking for in our Principal Operations Risk Manager? Our client, a global company is seeking an Operations Risk Manager (Financial Services) - Director Location: New York, NY 10035 Duration: 7+ Months Contract with extensions. Pay: $70-$75 DOE The Enterprise Risk Management (ERM) team of GRM is seeking a Director - ERM supporting the North...

  • Principal Operations Risk Manager

    1 month ago

    New York, United States Russell Tobin & Associates Full time

    What are we looking for in our Principal Operations Risk Manager? Our client, a global company is seeking an Operations Risk Manager (Financial Services) - Director Location: New York, NY 10035 Duration: 7+ Months Contract with extensions.Pay: $70-$75 DOE The Enterprise Risk Management (ERM) team of GRM is seeking a Director - ERM...

  • Operational Risk Management

    2 weeks ago

    New York, United States Bank of China Limited, New York Branch Full time

    Introduction: Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or...

  • Operational Risk Management

    4 weeks ago

    New York, United States The Adecco Group Full time

    Adeccos Permanent Recruitment team is assisting a large financial institution in New York City, NY. We are seeking a Operational Risk Management - Risk and Control Self-Assessment V - Pwho will beresponsible for administering and managing Operational Risk, Management, Assessment, Operation, Control, Controls, Accounting, Staffing

  • Principal Operations Risk Manager

    1 month ago

    New York, United States Russell Tobin Full time

    Job DescriptionJob DescriptionOur client, a global company is seeking an Operations Risk Manager (Financial Services) - DirectorLocation: New York, NY 10035Duration: 7+ Months Contract with extensions.Pay: $70-$75 DOEThe Enterprise Risk Management (ERM) team of GRM is seeking a Director - ERM supporting the North American Market (NAM) business. The position...