- Display a strong understanding of the current banking environment and understand the actions that the Bank should take to improve operations.
- Fully understand regulations that may alter the business and takes actionable steps to facilitate new processes. Research any updates of regulations.
- Manage operational risks in the Americas Division by using PDCA cycle. Analyze business processes by identifying risks and controls and evaluate residual risks. Assess options for process improvement and mitigating risks, including business process modeling.
- Responsible for development, maintenance, automation, and enhancement of workflows for overall business efficiency and to mitigate operational risks.
- Preparing bank-wide strategic plan to improve business efficiency and mitigate operational risks.
- Support use of IT. Translate business needs and requirements into technical specifications. Facilitate the development, design, and maintenance of various EUC and tools utilizing programming languages. Coordinate and liaison on behalf of relevant departments with IT Department (ITD) for revisions, developments, and enhancements of new and existing modules.
- Administer operational incident reporting within AD and for Head Office. Responsible for ensuring awareness of reporting rules with the department head and internal controllers. Facilitate investigations and information sharing to identify root causes and formulate preventive measures.
- Support leading ICG (Internal Controllers Group) to enhance operational risk control and process improvement with ICG.
- Participate in new projects and collaborate with project managers and business analysts in the other department as well as ITD to enhance the Banks's operation efficiency and resilience.
- Participate in RCSA as first line of defense jointly with Internal controllers. Understand BCM cycle starting Business Impact Analysis and operational resilience.
- Communicate with key stakeholders. Liaise between various business departments and groups. Participate in the Operational Risk management Committee to opine as PLN.
- Assist team management, establish annual team plan, performance monitoring and development the members.
- Support user management to administer user access rights and information security control.
- Perform other duties and responsibilities as assigned by management.
- Bachelor's degree in Finance or Economics or its equivalent, with 7+ years of relevant work experience in a financial institution
- Strong proficiency in Microsoft Office applications including Excel, Word, PowerPoint, Access, Outlook, Teams, SharePoint, SQL and VBA (Visual Basic for Applications). Familiarity with industry technology systems to gather data, problem solve and fully understand IT system requests.
- Business Analyst experience is required. Expertise in business intelligence tool and analytical skills are desirable. Loan operations and/or global markets experience is preferred. Basic knowledge and understanding of the workflow of wholesale banking business.
- Basic knowledge in global and local banking regulations including BIS regulations and FED regulations, especially in the field of operational risk management.
- Basic accounting standard (IFRS, US GAAP) and practice in the banking industry.
- Basic audit skills and knowledge with internal control framework such as COSO
- Project management skills or business consultant experience
- Demonstrates a logical approach to thinking and working with others
- Ability to effectively communicate and influence key stakeholders to support proposed strategies, process improvements and operational decisions
- Experience testing and mapping various business processes and protocols
Senior Operational Planning Analyst - New York, United States - Top International Banking Institution
Description
Immediate FTE Loan Operations Officer Opening
Hybrid: 3 Days Remote / 2 Days On-Site in Midtown, NYC
Top International Corporate and Trust Bank - Midtown, NYC
AVP, Senior Operational Planning Analyst
Compensation: $110,000.00 To 135,000.00 Annually + Bonus
Apply - Qualified candidates, please email your resume to for consideration
#StrategicPlanning #OperationalPlanning #OperationalRisk #InternalControls
Department Overview
The Americas Division ("AD") was established in the Bank to perform corporate functions and supervise U.S. entities. Established under the AD are the "Global Banking Unit ("GBU"), Americas Division" and "Global Markets Unit ("GMU"), Americas Division" which performs business functions. The Planning Department ("PLN") provides a strategic management framework for the formulation and implementation of integrated business and organizational objectives across the Bank. Working in conjunction with the Executive Vice President of the Americas Division, PLN research, recommends, and implements plans for offensive and defensive actions intended to maintain and build competitive advantage and sound organizational management. The plans recommended by PLN require input from all departments during the development stage, so that the plans become an operational guideline that is transparent and meaningful to the staff responsible for implementation and execution.
Your Position Overview
Provide support and expertise to building the operational planning section for the Americas Division. Analyze operational risks/controls and find solutions based on knowledge of internal control within the banking industry. Understands overall strategic goals, assigns resources, and facilitates the actionable steps to deliver value.
Your Duties and Responsibilities:
Your Qualifications: