- Lead the team in the day-to-day operation, maintenance and improvement of the operational risk management framework and supporting operational risk programs.
- Work collaboratively and cooperatively across the three lines of defense (i.e., business units, support functions, and internal audit).
- Serve as trusted advisor to business leadership while balancing independence to fulfill oversight responsibilities.
- Lead bank wide execution of operational risk management framework comprising the identification, evaluation, measurement, mitigation and reporting of operational risk to senior leadership.
- Experiences in application of advanced quantitative methods in operational risk measurement (e.g., Monte Carlo simulations).
- Manage continuous improvement of operational risk programs including risk assessments, enterprise metrics, risks and controls, operational risk events, and risk decisions.
- Perform qualitative and quantitative analysis, collection and reporting operational risk event data and utilizing operational risk data and other internal data sources, as well as external data to evaluate and reports the Banks operational risk exposure.
- Develop, collect, maintain, monitor, and report operation risk metrics (i.e., key risk indicators and key performance indicators) utilized to monitor the Banks operations risk exposure.
- Provide coaching to direct reports with objective of developing a high performing team.
- Manage the review and periodic update of the operational risk policies, standards, and related operational risk procedures.
- Lead enterprise-wide view and oversight of the Banks operational risk including vendor risk management, business resiliency, financial reporting, affordable housing/ community investment activities, etc.
- Continuously improve operational risk management tools (e.g., loss events, metrics, risk assessments, risk acceptances, etc.) and reporting on the operational risks within in the business lines.
- 10+ years' experience executing or leading operation risk management at financial institution(s)
- Influence, guide and credibly challenge stakeholders in relation to the operational risks.
- Bachelor's degree in finance, accounting, or business
- Master's or professional degree desired (e.g., MBA, JD, Accounting, etc.)
- Professional certifications desired (e.g., FRM, PRM, etc.)
- MS Office products (Excel, Outlook, PowerPoint, and Word)
- Tableau preferred.
- Experience with GRC systems (e.g., Archer, Riskonnect, Thompson Reuters, etc.)
- Ability to manage ambiguity and changing priorities in fast paced dynamic environment.
- Must be self-directed with high energy level.
- Strong presentation skills
- Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision.
- Strong, effective communication resulting in an understanding of the message from others.
- Strong problem solving and decision-making abilities.
- Displays effective leadership (e.g., empathy, initiative, coaching)
- Lean Six Sigma Green or Black Belt
- Strong people management skills
- Ability to influence others.
- Desire to take on leadership responsibilities.
- Experience leading cross functional projects or teams.
- Strong collaboration and business acumen skills
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Sr Operational Risk
1 week ago
LGIM America Chicago, United StatesThe Operational Risk & Resilience Analyst will lead, challenge and support LGIM Chicago across all teams locally in relation to Operational Resilience and provide specific Operational Risk support to GCOO functions in Chicago. · This will involve owning, maintaining, and improvi ...
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Operational Risk Consultant
1 week ago
The Judge Group Chicago, United StatesOur client is looking for an Operational Risk Consultant Specialist · This is a long term contract that is hybrid in Chicago · W2 only, No C2C. · Responsibilities: · Coordinates timely execution of essential Business Risk operational processes including, but not limited to, busi ...
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Operational Risk Consultant
1 week ago
The Judge Group Chicago, United StatesOur client is looking for an Operational Risk Consultant Specialist · This is a long term contract that is hybrid in Chicago · W2 only, No C2C. · Responsibilities: · Coordinates timely execution of essential Business Risk operational processes including, but not limited to, bu ...
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Operational Risk Associate
1 week ago
Marex Spectron Chicago, United StatesMarex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. · The Group provides comprehensive breadth and depth of coverage across four core serv ...
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Operational Risk Associate
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Phaxis Chicago, United StatesCurrently partnered with a growing broker dealer that is seeking a strong · Operational Risk Associate · to join their team in NYC or Chicago. The ideal candidate will be implementing robust risk management practices to monitor and mitigate potential threats to maintain the ove ...
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Operational Risk Manager
1 week ago
Northern Trust Chicago, United StatesNorthern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, famil ...
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Operational Risk Associate
1 week ago
Phaxis Chicago, United StatesCurrently partnered with a growing broker dealer that is seeking a strong Operational Risk Associate to join their team in NYC or Chicago. The ideal candidate will be implementing robust risk management practices to monitor and mitigate potential threats to maintain the overall f ...
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Operational Risk Manager
1 week ago
Northern Trust Chicago, United States Full timeAbout Northern Trust: · Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most succe ...
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Lead Operational Risk Specialist
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Discover Financial Services Riverwoods, United StatesDiscover. A brighter future. · With us, you'll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world' ...
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Senior Director, Operational Risk
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CIBC Chicago, United StatesWere building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. · At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what t ...
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Senior Director, Operational Risk
1 week ago
Canadian Imperial Bank of Commerce Chicago, United StatesSenior Director, Operational Risk page is loaded · Senior Director, Operational Risk · Apply · locations · Chicago, IL · time type · Full time · posted on · Posted Yesterday · job requisition id · We're building a · relationship-oriented · bank for the modern world. W ...
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CIBC Chicago, United StatesWe're building a · relationship-oriented · bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients. · At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have ...
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Senior Risk Manager, Operational Resilience
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CIBC Chicago, United StatesWere building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. · At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what t ...
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Northern Trust Chicago, United States Full timeAbout Northern Trust: · Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most succe ...
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Northern Trust Chicago, United States Full timeAbout Northern Trust: · Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most succe ...
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CIBC Chicago, United StatesWe're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients. · At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what ...
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Canadian Imperial Bank of Commerce Chicago, United StatesSenior Operational Risk Analyst, Business Continuity page is loaded · Senior Operational Risk Analyst, Business Continuity · Apply · locations · Chicago, IL · time type · Full time · posted on · Posted 4 Days Ago · job requisition id · We're building a · relationship-o ...
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Canadian Imperial Bank of Commerce Chicago, United StatesSenior Operational Risk Analyst, Operational Resilience page is loaded · Senior Operational Risk Analyst, Operational Resilience · Apply · locations · Chicago, IL · time type · Full time · posted on · Posted 8 Days Ago · job requisition id · We're building a · relation ...
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Northern Trust Chicago, United States Full timeAbout Northern Trust: · Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most succe ...
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Control Testing
1 week ago
Marex Chicago, United StatesDiversified. Resilient. Dynamic. · Marex is a global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. · The Group provides comprehensive breadth and depth of coverage ...
Manager, Operational Risk - Chicago, United States - Federal Home Loan Bank of Chicago
Description
Join the FHLBC teamAt the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.
•Retirement program (401k and Pension)
•Medical, dental and vision insurance
•Lifestyle Spending Account
•Generous PTO plan
•11 paid holidays per year
•Hybrid working model
Who we are:
FHLBank Chicago partners with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for their community investment activities. We are one of 11 Federal Home Loan Banks created by Congress in 1932 as a government sponsored enterprise to support mortgage lending and community investment. We are member owned and member focused. Our members include banks, credit unions, insurance companies and CDFIs.
What it's like to work here:
At FHLBank Chicago, we bring people together. Our regular All-Staff meetings keep employees informed and our values drive the work that we do. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Our Employee Value Proposition is honed by listening and identifying the needs and priorities of our valued employees. Through CommuniTeam, we volunteer and identify ways to strengthen our communities. Our Office of Diversity, Equity, and Inclusion (DEI) hosts signature and employee-led events for continued learning; and Employee Resource Groups (ERGs) and culture clubs create connections around shared interests and experiences. We offer live and on-demand professional development opportunities to grow your skillset and your career.
What you'll do:
Lead the execution the Banks Operational Risk programs oversight including the Operational Risk Management Framework (ORMF) which comprises the identification, assessments, measurement, reporting, and risk decision making in accordance with operational risk related policies, operational risk tools and regulatory expectations. Demonstrate process leadership and ability to use and coach others in best practices to improve process efficiency and effectiveness. Continue to mature and continuously improve operational risk metrics and reporting. This position has direct reports.
How you'll make an impact:
At FHLBank Chicago, employees come first. We offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Our retirement program includes a 401K and Pension. Our generous PTO plan provides five weeks of vacation for new employees and 11 paid holidays per year. Join us at our beautiful new space in the Old Post Office. Step into your future with us. #LI-Hybrid
Manager, Operational Risk professionals in Chicago
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chiazokam ohalete
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Michael Meyer
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