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Operational risk (3rd Party Risk) - 6 month contract

  • Location: New York
  • Salary: negotiable
  • Job type: Contract/Temp
  • Job reference: ga/opscons
  • Sector: Operational Risk
Job Description

Barclay Simpson are currently working with a well-known corporate bank to recruit various individuals for their operational risk function.  These roles will be a consulting basis for at least 6 months.

  • Be a thought leader for Operational risk relating to vendor risk management, monitoring and reporting of third-party relationships for the bank.

  • Collaborate to maintain oversight and management of an effective vendor risk management program for direct or indirect vendors of the banks.

  • Write risk reports and work with vendors to implement remediation responses

  • Ability to play a key role in developing a new and improved Operational Risk framework relating to the 'Outsourcing process'

  • Provide critical review of all third party and intra-group arrangements, risk policies and procedures, designations, and risk management analysis.

  • Ability to assess external operational risks emanating from current and prospective third (and fourth) parties, determine impact to the business' risk profile and to propose program and framework enhancements.

  • Capability to complete detailed risk assessment gap analysis schedules and prepare formal documentation for submission to Regulatory Authorities.

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