Provide strategic support in the formulation and implementation of operational risk management policies and procedures, prioritizing resilience and third-party risk management
Oversee Operational Risk Management related to the Third-Party Resiliency program, including business continuity, enterprise resilience, and recovery and resolution planning to ensure the organization’s ability to anticipate, withstand, recover, and adapt to disruptive events
Manage oversight of Third-Party Risk, including risk assessment, contract execution, and exit strategies for external and internal service providers, ensuring alignment with enterprise risk appetite and regulatory standards
Oversee risk identification, assessment, and monitoring of external and internal service providers pertaining to concentration risk, dependency mapping, and lifecycle controls
Provide independent 2nd Line challenge to business and 1st Line processes on third-party resilience standards, onboarding, ongoing monitoring, risk acceptance, and issue remediation
Drive the identification, measurement, monitoring, and management of residual and emerging risks, ensuring consistent practices across the organization
Champion continuous improvement initiatives, incorporating lessons learned from resilience tests, simulations, and third-party risk analysis
Act as a liaison with internal and external stakeholders, fostering effective collaboration in risk management
Lead oversight reviews, addressing root causes of unintended losses and ensuring policy and regulatory compliance in resilience and third-party risk management
Assess the effectiveness of business and technology capabilities and controls across the organization, promoting the implementation of sound risk management processes
Facilitate the dissemination of operational risk management best practices, raising awareness of resilience and third-party risk
Support oversight activities of first Line of Defense entities that have responsibility for Business Disruption & Safety Risk; including Crisis Management, Continuity of Business processes, People and Premises safety risk, as well as the physical aspects of Climate Risk

Requirements

6-10 years of experience
Understanding of Third-Party Risk management lifecycle and risk assessment processes
Thought leadership and clarity in presenting ideas to senior management
Proven technical knowledge of resilience and Third-Party Risk principles and processes, to include up-to-date knowledge of current technology solutions, including Cloud
Experience in implementing risk processes across a large and diverse organization
Knowledge of regulatory requirements underpinning resilience and the Third-Party Risk Management and Outsourcing Lifecycle (OCC/FRB/EBA/PRA/MAS, etc.)
Excellent analytical skills to interpret and present complex data
Proficiency in the use of MIS and other risk management tools
Excellent project management skills to oversee risk reviews and mitigation efforts
Strong communication skills to provide counsel and collaborate with various stakeholders
Ability to challenge and scrutinize established practices
Strong collaboration skills to work with different risk SMEs
Problem-solving skills to identify and address root causes leading to operational risk losses.

Benefits

Health insurance
Retirement plans
Paid time off
Flexible work arrangements
Professional development opportunities

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

operational risk managementthird-party risk managementrisk assessmentbusiness continuityenterprise resiliencerecovery and resolution planningresilience principlesrisk management processesanalytical skillsproject management

Soft Skills

thought leadershipcommunication skillscollaboration skillsproblem-solving skillsclarity in presenting ideasability to challenge practicesfostering effective collaborationcontinuous improvementindependent challengeraising awareness