Global Bank is seeking a Junior Operational Risk Manager to join their New York City Risk Management team, in a newly created position.
Junior Operational Risk Manager Responsibilities:
- Junior Operational Risk Manager will update operational risk procedures to ensure that the procedure reflects best practice
- Analyze and aggregate risk events reported by the business units and performing root cause analyses on identified risk events to recommend improvements to prevent these risk events from re-occurring
- Junior Operational Risk Manager will assist in organizing a regular bank-wide operational risk control self-assessment and performing analysis on the results and making mitigating recommendations
- Successfully monitor the implementation of key operational risk indicators and analyzing identified trends in the key risk indicators reported to Risk Management
- Assist in coordinating risk management activities in connection to initiation, development, approval and post-evaluation of new, modified and expanded products and services
- Assist in coordinating bank-wide Risk Assessment (“RA”) and conducting Risk Assessment (“RA”) in BCP, and preparing related reports
- Provide backup coverage in other risk areas if needed
- Successfully complete the mandatory annual BSA/AML and OFAC training
- Additional other tasks and projects as assigned by Department Head and senior staff in the team
Junior Operational Risk Manager Requirements:
- Bachelor’s degree or equivalent in Finance, Economics
- Bilingual in English/Mandarin (reading, writing, speaking) required for communication with head office
- 0-1 year of experience. Recent graduate is acceptable
- Knowledge of general operational risk & control practices and disciplines preferred.
- Strong analytical skills especially with regards to understanding business risk, processes, procedures and operational controls • Excellent writing and communication skills
- Team player. Strong attention to detail.
Salary range $60,000-$80,000, based on experience
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