In this role, you will: Manage the development, implementation, and monitoring of a risk-based program for a business or large functional area with moderate to high risk to identify, assess and mitigate operational risk that arises from inadequate or failed internal processes, people, systems, or external events Maintain a balance between risk mitigation and operational efficiency Evaluate the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls Analyze business and system changes to determine impact, assess operational risk issues, and assign risk ratings consistent with established policy standards Provide operational risk expertise and consulting to complex business units for initiatives with high risk Design and develop testing strategies, methodologies and analyses Consult with the business to develop corrective action plans and effectively manage change Identify training opportunities Design and coordinate the development of training materials and coordinate or deliver training Report findings and develop business cases to influence management on the need for controls to mitigate risk Manage and coordinate production of periodic operational risk performance reports for management, including trend research and recommended strategies Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals Required Qualifications: 4+ years of Operational Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Overall 4+ yrs of experience with hands on experience with RCSA, Risk assessment, control reviews. Exposure to Banking business domains and Technolgy processes Ability to understand the risk exposures and identify potential emerging risks from banking technology processes. Any skills in automation such as Python, excel macros, or reporting and AI are additional advantage Job Expectations: Knowledge and understanding of continuous monitoring tools/detection tools/controls/processes including technology processes, and ability to identify emerging risks and offer mitigations recommendations Business domain knowledge on Banking business functions processes Experience with Risk Appetite Metric and Key Indicator programs Experience with Risk Control Self-Assessment (RCSA) process Experience with Operational Risk Event (ORE) assessment process Experience with Enterprise Risk Identification (ERID) assessment process Experience with Tableau and other visualization tools, with the ability to incorporate a visual data story into an actionable narrative for executive audience Knowledge of SHRP and other risk systems Experience in establishing and managing training programs Ability to review and develop work plans and effectively summarize results
