Vice President Operational Risk - CIB - Phaxis LLC
Tampa, FL 33607
About the Job
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.
Source : Phaxis LLC