Senior Operational Risk Analyst

The Senior Operational Risk Analyst is responsible for assisting with developing, implementing and administering all aspects of the Bank's Operational Risk Management Program (ORM) in alignment with the Enterprise Risk Management Framework, which includes partnering with other areas of Risk Management as well as all business units throughout the Bank related to, policies, procedures, guidelines and tools. Advise Management and Bank personnel of emerging operational risk issues and consult and guide the Bank in the establishment of controls to mitigate risks.

• Ensure the Director of Operational Risk in continuously informed of all aspects of the Bank's operational risk management activities including an evaluation of its relative risk exposure. Assist with advising Executive Management and Bank personnel of emerging operational risk management issues and consult and guide the Bank in the establishment of controls to mitigate risks
• Analyze and communicate to the Director of Operational Risk the impact of all laws and regulations affecting the Bank's Operational Risk Management Programs, including policies, procedures, new and existing products. Participate in meeting to discuss the impact and necessary action plans. Assist with technical reviews and testing to ensure they have been effectively implemented
• Participate in the operational risk assessment process. Make recommendations to mitigate risk by implementing preventative actions, policies, procedures, documentation, or capitalizing upon other opportunities where the Bank can improve upon its operations and internal controls. Assist the Director of Operational Risk in the education and/or challenge of business unit manages on the completeness of risk identification, end-to-end processes, inherent risk ratings, residual risk ratings, and control design ratings as part of the review of their risk and control assessments
• Assist with ensuring the task outlined on the operational risk management roadmap are completed timely
• Participate in the preparation and quality assurance review of management reporting and meeting materials to support risk governance, including monthly and quarterly reporting as well as, creating draft ad hoc executive management presentations
• Collaborate with risk owners on operational risk identification and assessment of business lines and/or processes by clearly articulating the related objectives and business priorities, impact on financial reporting, controls, gaps/issues associated with processes/technologies and assists with developing risk mitigation
• Participated in evaluation of new products and initiatives and provide input on activities that may expose the Bank to loss, or risk levels that exceed risk appetite
• Participate in risk management meetings to discuss and address risk and control deficiencies identified through internal and independent risks assessments, audits, and examinations; ensuring the Bank meets deadlines for resolving deficiencies

Qualifications:

• 7 years of experience in risk management, operations, project management, analytics, audit or related role for a large-scale business, preferably in the banking industry
• Preferred: Best Practice of Risk Controls and Processes, Proactive Approach to Regulatory Strategy, Regulatory Exam Management, Risk Assessments, Control Design, Monitoring and Testing, Policy and Procedures Management; Strategic Thinking; Project Management; Improvement Processes and Efficiencies; Issue Management

Skills: