As an Operational Risk Manager, you will protect a company from day-to-day losses caused by failed internal processes, people, systems, or external events. They evaluate vulnerabilities, test internal controls, and implement risk frameworks to minimize threats while ensuring compliance with industry standards and regulations.
Key Responsibilities
- Risk Identification & Assessment: Run Risk and Control Self-Assessments (RCSAs) across various departments to proactively spot vulnerabilities.
- Control Testing & Monitoring: Design and monitor Key Risk Indicators (KRIs) to track risk exposure and catch issues before they escalate.
- Incident Management: Investigate operational risk events, conduct root cause analyses, and develop remedial action plans.
- Framework Development: Develop and enforce risk policies, procedures, and unified control matrices in alignment with industry standards.
- Reporting & Compliance: Prepare actionable reports and dashboards for senior management, board committees, and internal/external auditors.
- Culture & Training: Promote a risk-aware culture by collaborating cross-functionally and coaching frontline teams on best practices.
Job Requirements:
- Bachelor's Degree in Business, Finance, Economics, or Risk Management.
- Typically 5–10 years in risk management, internal audit, or control testing (often within highly regulated industries like banking or fintech).
- Strong analytical and data-mining capabilities.
- Familiarity with risk frameworks (e.g., COSO, Basel, NIST).
- Exceptional communication and cross-functional influencing skills.
