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    Assistant Vice President, Operational Risk - New York, United States - Interactive Resources LLC

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    Description

    We are actively seeking an Assistant Vice President, Operational Risk to join our esteemed Risk and Credit Group. The Operational Risk Management team is eagerly seeking an individual with a fervent passion for constructing and executing robust risk frameworks across our business landscape. Beyond oversight, those with a penchant for innovation will flourish in this role. Engaging with stakeholders spanning various business areas and departments, this position offers invaluable exposure to C-level leadership throughout the organization.

    Responsibilities Will Include, But Are Not Limited To:

    • Crafting and enhancing operational risk management frameworks and enterprise risk programs.
    • Identifying opportunities for process refinement and incident management
    • Collaborating with the VP of Operational Risk to co-manage and mentor junior team member(s)
    • Championing value propositions and implementing best practices across diverse business lines.
    • Providing feedback on policy updates associated with regulatory items necessitating remediation.
    • Offering independent oversight and credible challenge to the first-line across all operational risk management activities.
    • Partnering with business experts in our diverse business lines and departments to facilitate the RCSAs.
    • Collaborating with first-line business areas to establish KPCs directly aligned with key risks identified in the RCSAs.
    • Generating action plans and reporting issues utilizing GRC tools
    • Leading and maintaining reports from Management Risk Committees
    • Undertaking other duties as required and assigned.

    Required Experience:

    • Bachelor's Degree from an accredited university required, preferably in Business or related fields.
    • 7+ years of experience in Risk & Credit preferred.
    • Minimum 5 years of experience in a financial institution covering ORM components including end-to-end RCSA management such as KRI/KPIs
    • Series 7 License preferred.
    • Strong interpersonal skills and relationship management with a demonstrated ability to navigate challenging situations, disagreements, and negotiations across various organizational levels.
    • Proficiency in MS Office skills (Excel, Access, Word, PowerPoint) with the ability to streamline data, design, and standardize risk reporting.
    • Experience with GRC tools.
    • Proficiency in establishing frameworks in accordance with industry best practices.
    • Knowledge of compliance laws, FINRA rules & regulations, risks, and controls.
    • Excellent writing and communication skills with keen attention to detail.
    • Ability to prioritize and manage multiple tasks concurrently, sometimes within tight deadlines, without compromising accuracy or efficiency.
    • Strong decision-making and analytical skills, coupled with problem-solving and critical-thinking abilities.
    • Self-driven with the ability to work independently.
    • Desired background in Financial Services, Operational Risk Management, and Finance.

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