- 110,000 - 140,000
- New York, New York
110,000 - 140,000
New York, New York
Operational Risk
Operational Risk Coverage
Associate
Operational Risk is an independent risk management function within the Risk Division, responsible for developing and implementing a standardized framework to identify, measure, and monitor operational risk across the firm.
This role within the Operational Risk Coverage team is in the team dedicated to second line oversight of the Global Banking and Markets segment. This includes trading functions as well as classic investment banking activity.
Primary Responsibilities
- Facilitate operational risk event management framework and data collection, including the detailed reviews of significant events to ensure remediation plans are appropriate and implemented as agreed.
- Identify and analyze trends in data, such as events, to identify material or emerging risks
- Work closely with the first line whilst providing robust challenge.
- Review and evaluate new business initiatives and firm acquisitions to identify changes to the operational risk profile.
- Challenge the businesses to ensure the risk and control self-assessment (RCSA) and tail scenarios remain accurately assessed and relevant.
- Work with 1
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- Contribute to the advancement of operational risk methods and practices and the operational risk management framework.
Skills and Experience We're Looking For
This role requires an energetic self-starter who is inquisitive and keen to learn. Someone with the ability to understand new topics quickly and provide thoughtful opinion will do well in this role. Experience in handling large data sets via Excel, Tableau, Alteryx or otherwise would be beneficial.
- Technical and quantitative aptitude to be able to understand and determine quantification of operational risks.
- Ability to work in a fast-paced environment.
- Strong verbal and written communication skills - able to present with impact and influence.
- Self-starter, continuous learner, proactive, independent, proven delivery track record
- Ability to handle and analyze large sets of data.
- Strong organizational skills (project management experience a plus)
- Attention to detail.
- Team oriented, inquisitive and enthusiastic.
Salary Range
Benefits