Manage all aspects of the second line risk management responsibilities for the designated business/function oversight in line with the Operational Risk Management framework and stakeholder expectations
Provide oversight, critical challenge, and reporting of the identification, assessment, monitoring, mitigation and reporting of all significant risks throughout the business/function
Challenge unmitigated risks and assess adequacy and timeliness of remediation; escalate identified gaps to risk governance committees and executive management as necessary
Manage or execute completion of detailed reports/presentations for senior level audiences, providing opinions on the state of the operational risk environment
Determine inclusion of risk events in reporting to external stakeholders, Regulatory Reporting, and executive and senior management
Interact regularly with senior, middle and line management, external peers and professional organizations to monitor emerging risks and incorporate into monitoring and oversight
Lead and/or participate in risk committees, deliver governance and assess adherence to risk appetite
Communicate with stakeholders including senior and executive management regarding risk matters, using audience-appropriate insights and materials
Participate in and respond to regulatory inquiries and examinations; deliver remediation actions and represent second line at regulator/Internal Audit discussions
Implement departmental procedures within team and provide guidance; meet assigned training requirements and pursue knowledge of bank and industry initiatives
Provide guidance and direction to team members on Operational Risk program execution, formal objectives and personal development; provide performance feedback
Oversee a team of individuals within the operational risk discipline; report to Senior Director-Operational Risk Management and exercise independent judgment and discretion
Requirements
Bachelor’s degree and ten years' experience in compliance, legal, audit, risk or other relevant function
Or in lieu of degree: combined minimum fourteen years’ higher education and/or work experience including ten years’ experience in compliance, legal, audit, risk or other relevant function
Minimum of five years’ managerial or supervisory experience
Demonstrated leadership capabilities
Proficient computer skills (including spreadsheet and word processing software)
Analytical skills
Working knowledge of applicable laws
Strong written and verbal communications with all levels
Benefits
Competitive benefits, including medical
Retirement plans
Forty hours of paid volunteer time each year
Market-informed pay
Hybrid work arrangement (in-office 3 days/week)
ATS Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.