Operational Risk Manager
2 days ago
Operational Risk Lead
====================
Phaxis is seeking a seasoned Operational Risk Lead to join our Second Line of Defense team. As a key member of our risk management team, you will be responsible for leading a team that manages risk within assigned business coverage areas.
**Key Responsibilities:**
* Lead a team of risk management professionals in executing the Effective Challenge & Oversight Framework for assigned business areas.
* Collaborate with the First Line of Defense to conduct deep dive reviews of significant risk events and operational losses.
* Participate in Risk and Control Self-Assessment (RCSA) workshops, providing feedback to the First Line of Defense.
* Analyze issues owned by the First Line of Defense, review them against issue management policies and standards, and monitor resolution.
* Partner with the First Line of Defense to develop key metrics and monitor operational risk reporting and metrics for negative trends or escalation items.
* Oversee the development and production of periodic operational risk scorecards and reports, providing executive management with a consolidated view of assigned business lines' adherence to the operational risk framework.
**Requirements:**
* Bachelor's degree in Finance, Business Administration, Risk Management, or a related field. Advanced degree preferred.
* Minimum of 10 years of experience in operational risk management, preferably within a banking or financial services environment.
* Demonstrated experience in managing and leading risk management teams.
* Strong knowledge of risk management frameworks, RCSA, scenario analysis, and issue management.
**Base Salary:** $125,000-$165,000 depending on experience
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