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Operational Risk Management Senior Officer
2 months ago
We are seeking a highly skilled and experienced Operational Risk Management Senior Officer to join our team at City National Bank. As a key member of our Operational Risk Management (ORM) Remediation team, you will play a critical role in providing independent and objective oversight of the management of risks arising from our business processes, people, systems, or external events.
Key Responsibilities- Conduct review and challenge of remediation initiatives to ensure operational risk exposures associated with known control deficiencies are addressed.
- Conduct review and challenge of controls implemented, providing feedback to risk and control owners and control assessment teams.
- Ensure work is produced and documented in alignment with quality and content requirements.
- Provide clear and transparent updates on remediation progress.
- Exercise independent judgment in identifying and assessing risk.
- Prepare, review, and present review and challenge results to ORM Remediation Leadership.
- Ensure observations and findings are documented and escalated to appropriate leadership.
- Exercise effective communication and promote positive client relations with business line colleagues and management.
- Maintain authoritative knowledge and understanding of laws and regulations, regulatory guidance, policy, and procedures for operational functions covered.
- Provide 2LOD audit and regulatory exam support.
- Execute additional departmental initiatives and other duties as assigned.
- Bachelor's Degree or equivalent.
- Minimum 7 years of experience in the financial services industry, with at least five years in an operational risk management, internal audit, or compliance role.
- Minimum 3 years of control assessment and validation experience.
- Minimum 1 year of supervisory experience.
- Strong business knowledge of financial services.
- Understanding of Risk Management/Operational Risk Management and Internal Controls testing methodology.
- Strong knowledge of issue management practices with proven experience in issue management design and/or execution.
- Ability to handle complexity and ambiguity.
- Proven track record building strong relationships across multiple business functions.
- Ability to deal effectively with conflict.
- Well-developed influencing, analytical, and problem-solving skills.
- Ability to convey complex concepts in a clear and concise manner.
- Ability to work independently with effective time and project management.
- Ability to work in a matrix environment.
- Strong interpersonal/teamwork skills.
- Strong communication (verbal and written), negotiation, and presentation skills required.
Starting base salary: $101,231 - $172,355 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.