Looking for an experienced Operational Risk Advisor who is ready to affect change. The incumbent is responsible for monitoring operational risks at the corporate level for the Bank and its subsidiaries.
Responsibilities
- Champion the design and implementation of enhancements to the Operational Risk Management program and its underlying components.
- Build strong, collaborative relationships with key stakeholders and partners by addressing issues and concerns in a timely manner and providing on-going advisory services.
- Follow and monitor operational risk issues (risk incidents, risk indicators, risk appetite).
- Support the reporting to management and appropriate committees on the major issues and trends of the operational risk profile.
- Support the implementation, monitoring, tracking and reporting of Third Party risk management
- Support the business in analysing root causes of operational risk events and issues and ensure corrective action plans are developed and implemented.
- Review and monitor internal risk events and ensure they are logged in a timely manner.
- Support the business in implementing the requirements for Risk and Control Self Assessments.
- Evaluate and recommend new controls where gaps have been identified.
- Work with business units to develop key risk indicators.
- Provide second line of defense oversight for significant initiatives, risk events, risk and control self assessments and scenario analyses.
- Develop a strong understanding of risk application ("Resolver") and be the primary contact for support for business users.
- Contribute to the overall Operational Risk Management education by developing training programs and executing them across the Bank.
- Provide mentorship and guidance to team members.
- Stay informed on the latest operational risk techniques and industry best practices.
- Take part in internal and external committees or activities and represent the Bank to various organizations or stakeholders.
- Perform all tasks of similar or general nature requested by his or her superior required for the job.
Requirements
Qualifications
- University degree in a relevant field and seven to 10 years of relevant experience
- Expertise in third party risk management
- In-depth knowledge of operational risks, internal auditing and/or internal control frameworks (COSO and COBIT)
- In-depth knowledge of banking products
- Strong analytical skills with a pragmatic approach
- Client (internal) and quality-focused
- Solid communication and relationship management skills
- Team player and proactive
- Preference to candidates bilingual in English and French.