Operational Risk Management Specialist
1 month ago
Bank OZK is seeking a highly skilled Operational Risk Analyst I to contribute to the overall quality of risk management across the Bank. The successful candidate will be responsible for developing, implementing, maintaining, and training on the Operational Risk Management Program, Framework, Policy, and procedures.
Key Responsibilities- Support the development and implementation of policies, standards, guidelines, tools, models, and procedures to support the Bank's operational risk management program.
- Integrate risk, control, and operational loss data and processes within the GRC program and system, and coordinate ORM activities with various groups in the first and second lines.
- Educate and/or challenge business unit managers and business unit Operational Risk liaisons on the completeness of risk identification, end-to-end processes, inherent risk ratings, residual risk ratings, and control design ratings as part of the review of their risk and control assessments.
- Perform root cause analysis on risk events and operational losses to recommend process and control improvements to prevent these risk events and losses from occurring in the future.
- Challenge risk assessments, operational loss events, and maintain such within the Bank's GRC system for management reporting and record keeping.
- Design and implement reports and tools that support operational risk activities and projects.
- Create and update Program reports and presentations to management, Executive Risk Council, and the Board Risk Committee, including contributing to the quarterly enterprise risk profiles that aggregate company-wide risk appetite.
- Develop operational risk education and the delivery of education to senior leaders and business unit managers.
- Regularly exercise discretion and judgment in the performance of essential job functions.
- Maintain good punctuality and attendance to work.
- Follow Bank policy, procedures, and guidelines.
- Perform other risk management-related duties as needed.
- Bachelor's degree or commensurate work experience, required.
- Minimum of one (1) year of work experience in a financial services company with specialization in operational risk management, enterprise risk management, or internal audit, preferred.
Bank OZK is an equal opportunity employer and offers a competitive salary and benefits package, as well as opportunities for professional growth and development.
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