Operational Risk/Kpi Business Control Associate

Immediate Full-Time Direct Hire Opportunity

Top International Investment and Trust Bank - Midtown, NYC (near Rockefeller Center)

Operational Risk / KPI Business Control Associate

Salary: $90-110K + 10-15% Bonus + Benefits

Remote: 4 days/week ; On-site: 1 day/week

Apply: Qualified candidates, please email resume to [email protected] for consideration

****Must have US Work Authorization OR Green Card - NO OPT OR CPT Applicants!!!!

Position Overview:

ORM Business Control Associate is accountable for assisting the ORM department in the proactive identification, escalation, and timely mitigation of operational risks. This role will provide broad exposure to all functions and business lines within the Americas Division, and the successful candidate will be expected to execute all aspects of the Operational Risk Management Framework through the oversight activities.

Duties and Responsibilities:

The main responsibilities for this role are as follows:

1. Assists in various Operational Risk related projects and initiatives, including the AD-wide Risk Culture Project.
2. Assists in the Vendor Risk Management activities.
3. Assists with review and re-design of the Event Risk and Control Self-Assessment (“RCSA”).
4. Prepares operational risk reports, schedules meetings, takes notes, prepares minutes, and maintains files for ORM department.
5. Provides analysis and coordination support for the ORM department.
6. Coordinates the Corrective Action Plan process.
7. Coordinates the Policy and Procedures tracking process.
8. Coordinates the New Product Approval process.
9. Coordinates and supports in conducting Operational Risk Assessment, Vendor Risk Assessment & Vendor Performance Review, Model Risk Assessment, and Event Risk and Control Self-Assessment.
10. Researches any regulatory changes or/and risk trends applicable to area(s) of coverage and creates Operational Risk Newsletter.
11. Creates presentations of key risk indicators to senior management.
12. Performs other duties and responsibilities as assigned by management.

Knowledge, Skills, and Abilities:

1. Bachelors Degree or equivalent.
2. 1-3 years of related experience, in operational risk management, vendor risk management, model risk management, or Risk Analysis.
3. Good computer skills in Microsoft Office including MS Excel, Word, and PowerPoint.
4. Good interpersonal, organizational, and multitasking skills.