AVP, Operational Risk Management

Madison-Davis, LLC; New York (NY); On-site; USD 135,000 - 170,000; Full time

Job summary

A leading banking institution is seeking an experienced AVP for Operational Risk to manage the risk framework, ensuring compliance with governance standards. This role emphasizes collaboration with senior leadership and regulators, offering opportunities to analyze risk metrics and coordinate regulatory examinations. The ideal candidate will have strong analytical skills and experience in operational risk management, along with the ability to oversee related administrative functions. This full-time position is based in New York City.

Qualifications

• Strong understanding of operational risk management frameworks and processes.
• Excellent analytical skills to produce and interpret risk metrics.
• Ability to work effectively with senior leadership and regulatory bodies.

Responsibilities

• Own and manage the Operational Risk Management Framework.
• Analyze firmwide risk metrics and trends.
• Coordinate and support regulatory examinations and audits.

Job description

Base pay range

$135,000.00/yr - $170,000.00/yr

Base Salary: $135,000 – $170,000 base + bonus

Overview

Our client is a well-established international banking institution with a growing U.S. footprint and a strong emphasis on governance, regulatory discipline, and risk culture. This AVP-level role sits within Operational Risk and plays a central part in maintaining and enhancing the firm’s risk framework, reporting infrastructure, and committee governance. The position offers high visibility across departments, regular interaction with senior leadership and regulators, and the opportunity to own core elements of the operational risk program.

Key Responsibilities

• Own and manage the Operational Risk Management Framework, ensuring alignment with internal governance standards and regulatory expectations
• Aggregate operational risk data across business and support functions, validating inputs and challenging inconsistencies where needed
• Analyze firmwide risk metrics and trends to produce consolidated reporting for executive committees and head office stakeholders
• Prepare and deliver recurring Operational Risk and Enterprise Risk reporting in partnership with cross-functional teams
• Serve as administrator for the Operational Risk Committee, including agenda setting, materials preparation, minutes, and follow-ups
• Maintain and update operational risk policies, procedures, and documentation to reflect evolving regulatory and business needs
• Coordinate and support regulatory examinations, audits, and ad hoc information requests related to operational risk
• Ensure day‑to‑day adherence to operational risk policies across the branch and support remediation efforts as required
• Partner with management to support departmental objectives and broader risk initiatives
• Oversee administrative functions tied to the risk group, including record retention, internal tools, and special projects as assigned

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Finance