Accessibility Links

Director - Operational Risk

  • Location: Manhattan - New York
  • Salary: $250,000 + Bonus
  • Job type: Permanent
  • Job reference: GA / 166466
  • Sector: Banking
Job Description

Director – Operational Risk



Director – Operational Risk


Job Description


My Client, a highly respected investment bank based in Manhattan, New York are seeking a Director level Operational Risk Manager to join its Risk Management team.

The mission of the Operational Risk Management department is to provide independent, objective and leading operational risk management challenge and oversight services to assist the firm in maintaining an effective system of risk management. 



Job Responsibilities

Include but are not limited to:


  • Ensure that Operational Risk governance, policies & standards are enforced throughout the Region 
  • Implement and coordinate regional operational risk management processes (Op Incident Collection, RCSA, Permanent Supervision, Spot Checks…)
  • Coordinate with Operational Risk Management counterparts globally to share best practices and methodologies to maintain a competitive advantage for the bank and meet regulatory requirements;
  • Monitor regional operational risks on a permanent basis (based on production and Key Risks Indicators, business limits and New Products follow-up);
  • Challenge to the First Line of Defense (1 FLOD) on the effectiveness of regional controls with a transversal view on business, operations and risks processes;
  • Manage effective anti-fraud monitoring in the Region; when necessary assist dedicated global SAFE team in the investigation of potential red flags;
  • Provide communication and training on all Operational Risk aspects, including the use of  Op Risk tools/processes;
  • Oversee the implementation of accountability and culture initiative in the Region;
  • Support the First Line of Defense (1 FLOD) and its initiatives while protecting the business and evaluating operational or other risks;
  • Organize or chair various Operational Risk and Control Committees, as defined by regional governance, and reporting and escalating issues to senior management;
  • Manage, lead or participate on certain critical and transversal projects or initiatives, as defined by Regional Chief Risk Officer;
  • Managing relationship with external auditors and regulators.


    Job Requirements


  • Knowledge of operational risk and the associated framework
  • Must be able to work collaboratively within a complex organization, across multiple cultures, geographies and disciplines
  • Ability to articulate complex concepts in a clear manner
  • Experience effectively interacting and communicating with senior leaders and regulators
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Strong analytical skills with high attention to detail and accuracy
  • Demonstrated ability to lead change through influencing skills, be a positive change agent, broker compromises and meet deadlines
  • Experience in developing and documenting governance processes supporting operational risk frameworks


If you wish to discuss this further, please send your resume to Greg Anderson for a confidential discussion -

Related news