DescriptionJob summary:
The Risk AssessmentCentral AnalyticsVice President will work in the Operational Risk Management (ORM) Risk Assessment Central Analytics Team within CCOR (Compliance Conduct and Operational Risk) as part of the second line of defense (2LOD).The ORM Central Analytics Team VP will perform data analytics for various operational risk assessments across the firm including ratings and written narratives to evaluate and challenge the sufficiency of the first line of defense (1LOD) risk assessments as well as drive and lead various programmatic members are expected to promote a strong risk culture by developing a solid subject matter expertise on operational risk within the firms lines of business (LOBs) and Legal Entities (LEs) to carry forward thought leadership and approach on operational risk assessments for the firm. The incumbent will be part of a the ORM Central Analytics Team that works within a highly visible heavily deadline-driven environment. Success in the role demands meticulous attention to detail strong independent curiosity which yields productive research the ability to integrate disjointed information and a propensity to think holistically.
Job responsibilities:
- Perform Risk Analytics and Assessments: Conduct detailed analytics centered on operational risks metrics (such as risk impact and effectiveness of controls) along with other quantitative and qualitative data points to assess the firms/LOBs/LEs current state of operational risk.
- Liaise with Subject Matter Experts: Engage with all levels of CCOR contacts for key information such as current events issues operational losses and watch items that could materially affect a specific risk assessment. Present CCORs effective challenges of 1LODs assessment ratings or commentary.
- Executive Reporting: Prepare executive risk assessment summaries for Executive Leadership and Board consumption that are factually substantiated highlighting operational and compliance key risks events issues remediations Key Risk Indicators and Key Performance Indicators (KRIs / KPIs) trends and watch areas that deliver a clear easy to understand conclusion on risk.
- CCOR Executive Risk Owner Reporting (Roll-up): Assist in consolidating risk assessment presentation recommended effective challenges and supporting key documentation for CCOR Executive Risk Owners review and feedback.
- Engage in ORM Central Analytics Team Projects: Engage on project related work necessary to take the risk assessment program to the next level. Work closely with leadership and team members to accomplish project milestones by conducting user acceptance testing AI prompting research and/or analytics to contribute to various strategic priorities.
Required qualifications capabilities and skills:
- Qualified graduate with minimum of 12 years relevant experience in operational risk management within Compliance Audit or Controls with a concentration on financial services business administration or finance.
- Excellent professional oral and written communication skills
- Very strong data mining and advanced analytics skills required utilizing MS Office Suite i.e. Excel (advanced formulas VBA) Large Language Models (AI) and advanced PowerPoint skills
- Analyze data effectively distill insights / themes into easily understandable terms
- Possess a sense of urgency proactive intellectual curiosity resourcefulness excellent analytical problem solving skills and follow-through
- A self-starter who adapts to a fast paced and results driven environment and who is committed to put in the necessary time to meet deliverables
Required Experience:
Chief