Job Title: Senior Operational Risk Manager

 

Overview:

We are seeking a highly skilled and experienced Senior Operational Risk Manager to join our team at  ABC Bank. In this critical role, you will be responsible for identifying, assessing, and mitigating operational risks across the organization, with a focus on ensuring compliance with regulatory requirements and maintaining the highest standards of risk management.

 

As a member of the senior management team, you will work closely with colleagues in various departments and business units to develop and implement effective risk management strategies, policies, and procedures. You will also be responsible for providing leadership and guidance to a team of operational risk professionals, as well as collaborating with other risk management functions to ensure a holistic approach to risk management.

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Responsibilities:

Lead the development and implementation of the operational risk management framework, including policies, procedures, and controls.

Identify and assess operational risks across the organization, using a range of risk assessment techniques and tools.
Collaborate with business units and departments to develop and implement risk treatment plans.

Monitor the effectiveness of operational risk controls and identify opportunities for improvement.

Provide leadership and guidance to a team of operational risk professionals, including setting performance objectives, providing coaching and mentorship, and conducting performance evaluations.

Collaborate with other risk management functions, such as credit, market, and liquidity risk, to ensure a holistic approach to risk management.

Ensure compliance with regulatory requirements and industry best practices in operational risk management.

Participate in the development and implementation of the bank's overall risk appetite and risk management strategy.

Prepare and present reports and presentations on operational risk management to senior management and the board of directors.

Requirements:

• Bachelor's degree in a relevant field, such as finance, business, or risk management. Master's degree preferred.

• Minimum of 10 years of experience in operational risk management, preferably in the banking industry.

• Proven experience leading the development and implementation of operational risk management frameworks and policies.

• Strong understanding of regulatory requirements and industry best practices in operational risk management.

• Excellent communication and interpersonal skills, with the ability to influence and persuade at all levels of the organization.

• Strong leadership, problem-solving, and decision-making abilities.

• Proficiency in risk assessment techniques and tools, such as risk mapping and scenario analysis.

• Experience leading and managing a team of professionals.

• CISSP, CISM, or other relevant risk management certifications preferred.