Operational Risk Associate

7 hours ago


New York, New York, United States Lloyds Banking Group Full time
Job Title: Operational Risk Associate

Lloyds Banking Group is seeking an experienced Operational Risk Associate to join our team in North America. As a key member of our Operational Risk Team, you will be responsible for providing 2nd line oversight over our businesses in North America, identifying and managing risks, and ensuring that our risk management framework is effective.

Key Responsibilities:
  • Assist in the management and monitoring of all action plans and risk events.
  • Partner with 1LoD and 2LoD colleagues to further embed One RCSA into the business.
  • Determine and ensure appropriate risk and control testing for LBCM-NAs businesses.
  • Assist Operation Risk Manager with the preparation of reports to senior management on information gathered and analyzed to make recommendations for improvements to the management and control of risk as appropriate.
  • Deliver reliable, timely and relevant MI and reports to Senior Management, including risk events, issues management, fraud incidents and losses, and KRIs, identifying key themes and trends.
  • Act as a consultant and a point of reference on more sophisticated technical and procedural issues to minimize risk and enhance partner relationships.
  • Build and maintain relationships with UK counterparts to stay abreast of changes impacting operational risk management.
  • Support project activities as needed.
Requirements:
  • Minimum Bachelors degree or equivalent experience in Finance, Business Administration, Risk Management or related field.
  • 3+ years of Operational Risk experience in a U.S. regulated financial institution and/or Broker-Dealer.
  • Experience conducting risk and control assessments and using risk management systems.
  • Experience with administering a company's operational risk framework.
  • Experience with handling and investigating operational risk events.
  • Experience in providing guidance and training to stakeholders on risk management policies, is a plus.
What We Offer:

Lloyds Banking Group offers a competitive salary range of $95,000 - $120,000, as well as a range of benefits and opportunities for professional development.



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