AVP Operational Risk Governance, Reporting & Controls

Madison-Davis; New York (NY); Hybrid; USD 135,000 - 165,000; Full time

Job summary

Madison-Davis, LLC seeks an AVP to lead governance, reporting and controls for Operational Risk. The role coordinates data collection across the branch, administrates the ORM committee, and interfaces with Head Office and regulators to ensure timely, accurate risk reporting.

The role emphasizes data quality, policy management, and regulatory engagement within a hybrid New York setting. Suitable for senior risk professionals with strong analytical and governance skills.

Responsibilities

• Risk Aggregation & Reporting: collect and quality‑assure data from departments, resolve discrepancies, and consolidate reports for executives.
• Governance: administer the Operational Risk Committee, facilitate monthly meetings, and manage committee documentation.
• Policy & procedure management: maintain ORM policies and procedures and coordinate regulatory/audit materials.
• Management & Administration: ensure branch-wide policy adherence, support strategic objectives, manage asset records, and handle ad-hoc requests.

Job description

Title: AVP Operational Risk Governance, Reporting & Controls Office

Status: Hybrid New York, NY

Base Salary: Up to $150k + Bonus

ABOUT THE ROLE

This AVP-level opportunity sits within the Operational Risk Management Department of a well-established global financial institution, offering ownership across the Operational Risk Framework, policy and procedure management, risk data aggregation, executive committee reporting, and governance facilitation. The role serves as the administrator of the Operational Risk Committee and plays a central coordination role across the branch collecting and quality-assuring operational risk data from departments, generating consolidated reports for Head Office and executive committees, and facilitating regulatory and audit engagements. It's an ideal fit for a detail-oriented operational risk professional who combines strong analytical and reporting skills with the organizational discipline to manage a complex governance calendar and regulatory interface function.

RESPONSIBILITIES

Risk Aggregation & Reporting: Collect operational risk-related data from departments across the branch;quality-assure data inputs and follow up with departments to resolve discrepanciesConsolidate data and complete risk aggregation and reporting to all executive committees;analyze inputs from teams and departments to generate comprehensive operational risk management reportsWork collaboratively with different departments to prepare Operational Risk-related ERM reports and ORM reports for Head Office submission Governance: Serve as Administrator of the Operational Risk Committee including facilitating monthly ORC meetings, quality-assuring meeting materials and supporting documents, and managing committee documentationManage and maintain all Operational Risk Department policies and proceduresFacilitate meetings with regulators and provide requested materials;facilitate audit meetings and affairs Management & Administration: Execute and ensure adherence to all policies and procedures impacting Operational Risk Management;ensure branch-wide compliance with applicable policies and proceduresSupport the execution of department strategic objectives as directed by senior leadershipManage asset inventory including communication tools and fixed asset purchases and maintenance;oversee record retention managementHandle ad-hoc requests as assigned