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Vice President Operational Risk - CIB

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Phaxis LLC

2024-10-02 03:38:41

Job location Tampa, Florida, United States

Job type: fulltime

Job industry: Executive Positions

Job description

International Corporate and Investment Banking client is seeking a VP level operational risk lead for it's Second Line of Defense team.
Key Responsibilities

Lead a team managing risk within assigned business coverage areas.

Execute the Effective Challenge & Oversight Framework for these areas.

Support deep dive reviews with the First Line of Defense on significant risk events and operational losses.

Participate as Second Line of Defense SME in business-aligned scenario workshops.

Participate in Risk and Control Self-Assessment (RCSA) workshops, providing feedback during and post-execution to the FLoD.

Analyze FLoD owned issues for common root causes, review issues per the Issue Management policies and standards, and monitor resolution for assigned areas.

Partner with FLoD to develop appropriate key metrics and monitor operational risk reporting and metrics for negative trends or escalation items.

Fulfill SLoD ORM roles defined by Risk Governance Processes (e.g., Risk ID, Strategic Planning review, LoB RAS review and challenge).

Oversee the development and production of periodic operational risk scorecards and reports, providing executive management a consolidated view of the assigned business lines' adherence to the operational risk framework

As a Director within the ORM SLoD team, contribute to the design of ORM Framework components.

Coordinate with internal Operational Risk stakeholders to ensure program expectations are understood and incorporated into the business line review and challenge program.

Qualifications:

Bachelor's degree in Finance, Business Administration, Risk Management, or a related field. Advanced degree preferred.

Minimum of 10 years of experience in operational risk management, preferably within a banking or financial services environment.

Demonstrated experience in managing and leading risk management teams.

Strong knowledge of risk management frameworks, RCSA, scenario analysis, and issue management.

Base Salary - $125,0000-$165,000 depending on experience

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