Operational Risk Management Analyst

New York, NY 10022

Employment Type: Direct Hire Industry: Banking/Finance Job Number: 2993 Salary Level: 85,000-90,000

Job Description


High Profile mid-sized Financial Firm seeks Operational Risk Management Analyst.

This is a direct hire full-time hybrid onsite 2 days per week role with a company in midtown Manhattan that offers competitive compensation in addition to a phenomenal benefits package.

You will embedded  in a Business Group owning operational risk for the business unit.

In summary, you will actively identify, measure, mitigate, and manage the operational risks associated with the normal business activities and strategic initiatives.

You will:
  • Perform periodic Risk Control Self Assessments (RCSA) and partner with the Risk Management Group to set up appropriate control testing
  • Take ownership and manage the monthly collection and reporting of Key Risk Indicators and Key Performance Indicators (KPI) and work with Risk Department to review and modify KRIs/KPIs as necessary.
  • Support and maintain a proactive and robust operational risk management program.
  • Control and maintain policies and procedures for the business group and ensure they are in compliance with regulatory requirements, industry standards and branch and head office requirements.
  • Participate in and provide ongoing support for audit (internal and external) and regulatory reviews and inquires.
  • Support and coordinate for all new product/services related matters (such as market research, system feasibility, accounting treatment, internal and external workflow and legal documentation).
  • Manage projects, supporting and preparing Business Requirement Definition (“BRD”), work with Product Management Office and the team, creating test scripts and coordinate UAT.
  • Identify group’s business needs and determine/propose necessary action to be taken.

Requirements include:
  • Excellent written and verbal communication skills required with the ability to report and present Operational Risk Management data to management.
  • Must have strong knowledge of Operational Risk Management (ORM) functions within a financial institution; this should include: Business Continuity, RCSAs, KRIs, KPIs, IT Risk
  • Strong technical skills with VBA, Excel, SQL, PowerPoint, Identity Access Management (IAM),.
  • Knowledge of front office, middle office, back office and IT from an Operational Risk Management Banking Operations, Loan Administration / Loan Operations, Fund Finance, Treasury and/or Capital Markets viewpoint.
  • Completed Bachelor’s degree in Finance or related quantitative course of study (Mathematics, Economics,...) preferred.
Apply Online
Apply with LinkedIn Apply with Facebook Apply with X

Send an email reminder to:

Share This Job:

Related Jobs:

Login to save this search and get notified of similar positions.

About New York, NY

Discover exciting job opportunities in the vibrant area around New York, New York! With its iconic skyline, diverse cultural scene, and endless career growth prospects, the Big Apple and its surroundings promise an unparalleled work-life experience. Nestled between Broadway theaters, world-class art galleries like The Metropolitan Museum of Art, and globally renowned cuisine spots in Little Italy and Chinatown, finding your dream job in New York is your gateway to thriving in a city that never sleeps. Embrace the energy of Times Square, catch a game with the Yankees at Yankee Stadium, or unwind in the serenity of Central Park. Explore our job listings today and unlock your potential in the heart of opportunity.