Risk and Compliance Professional

1 week ago

Lynn, Massachusetts, United States Eastern Bank Full time
About the Role

We are seeking a highly skilled and experienced Operational Risk Management Specialist to join our team at Eastern Bank. As a key member of our Operational Risk Management team, you will play a critical role in ensuring the bank's operational risks are identified, assessed, and mitigated.

Key Responsibilities
  • Develop and implement effective Business Continuity Management (BCM) and Disaster Recovery (DR) programs to ensure operational resiliency and minimize business disruptions.
  • Lead efforts in identifying emerging BCM risks and trends, and provide recommendations to senior management on ways to enhance processes, assess testing needs, and identify program efficiencies.
  • Collaborate with business lines and risk areas to ensure operational risks are appropriately identified, risk-ranked, monitored, and mitigated.
  • Evaluate and oversee vendors' business continuity capabilities to ensure alignment with the bank's requirements.
  • Conduct business impact analyses across business units and processes to ensure highest business continuity risks are addressed and captured in plans.
  • Partner with first lines to ensure business continuity testing and disaster recovery testing occurs, including simulated scenarios to test plans and identify vulnerabilities.
  • Collaborate with stakeholders to prioritize critical processes, vendors, and resources for continuity planning and incident response.
  • Conduct training and awareness programs to prepare employees for responding to business disruptions and incidents.
  • Lead BCM Committee meetings with stakeholders and provide overview of BCM Risk.
  • Support Internal Audits and Exams.
  • Lead enterprise storm prep calls and execute BCM notifications to the company as appropriate.
Requirements
  • At least 3 years of applicable experience in operational risk management, business continuity, or a related field.
  • Bachelor's degree in a relevant field, such as business, finance, or risk management.
  • Operational risk experience and business continuity and disaster recovery experience are highly desirable.
Skills and Knowledge
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent oral and written communication skills.
  • Ability to apply risk management concepts to a business setting.
  • Knowledge of bank operations and risk management programs is preferred.
  • Proficient in Microsoft Office Suite.
  • Knowledge of Archer or other GRC experience is highly desirable.
  • Risk, audit, information security, or business continuity certifications are highly desirable.
About Us

At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.

We are an Equal Opportunity Employer and welcome applications from diverse candidates. If you're excited about this role but your experience doesn't fully align with every qualification, we still encourage you to apply. Our Recruitment team is waiting to chat with YOU.

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