Operational Risk - Operational Risk Coverage

Title: Vice President

Operational Risk is an independent risk management function within the Risk Division, responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm.

This role within the Operational Risk Coverage team is in the team dedicated to second line oversight of the Corporate Treasury segment that is responsible for management of the firm’s liquidity, funding, balance sheet and capital.

Primary Responsibilities:

• Provide regular reporting and presentations to senior management and business leaders – frequent interaction with Corp Treasury leadership.
• Review and evaluate new business initiatives proposed by Corporate Treasury to assess risk posture and drive independent challenge.
• Develop product and transaction knowledge to challenge the businesses risk and control self-assessment (RCSA)
• Leverage basic financial models to quantify loss projections used for stress testing assessments
• Collaborate with cross-functional teams to develop metrics which quantify divisions exposure in various risk types
• Contribute to the advancement of operational risk methods and practices and the operational risk management framework.
• Facilitate operational risk event management framework and data collection, including the detailed reviews of significant events to ensure remediation plans are appropriate and implemented as agreed.
• Analyze trends in data, such as internal and external events, to identify key and emerging risks.

Skills / Experience:

This role requires an energetic self-starter who is inquisitive and keen to learn. Someone with the ability to understand new topics quickly and provide thoughtful opinion will do well in this role. Experience in handling large data sets via Excel, Tableau, Alteryx or otherwise would be beneficial.

• Understanding of the Corporate Treasury function and Processes
• Technical and quantitative aptitude to be able to understand and determine quantification of operational risks.
• Familiarity with regulatory frameworks
• Ability to work in a fast-paced environment.
• Strong verbal and written communication skills - able to present with impact and influence.
• Self-starter, continuous learner, proactive, independent, proven delivery track record
• Ability to handle and analyze large sets of data.
• Strong organizational skills (project management experience a plus)
• Attention to detail.
• Team oriented, inquisitive and enthusiastic