Operational Risk Manager

Jefferies; New York (NY); On-site; USD 150,000 - 210,000; Full time

Job summary

Jefferies is seeking a Senior Operational Risk Manager to join the Global Operational Risk Management team in New York. The role serves as the primary second-line lead for Technology Risk globally, aligning with the firm's risk policies and risk appetite.

The candidate will lead the development of risk frameworks, manage US region operational risk events, conduct deep dives, RCSA, KRIs, and monthly/quarterly reporting, while partnering with Technology, IT Risk, Information Security, and

Qualifications

• 8+ years of experience in Operational Risk, Front Office Control, Audit, Technology Risk, Cyber Risk, or a related risk function.
• Strong understanding of technology risk frameworks and risk domains including SDLC, cyber risk, and third-party tech risk.
• Experience guiding RCSA processes, scenario analysis, risk assessments, and KRI monitoring.

Responsibilities

• Establishing and implementing the Operational risk framework and processes in line with firm-wide risk appetite and policy.
• Managing Operational Risk events in the U.S. region and supporting events globally as needed, including investigation and remediation tracking.
• Acting as the primary second-line Operational Risk lead for Technology Risk globally with cross-functional partnership.
• Leading Operational Risk deep dives, thematic reviews, scenario analysis, and control enhancement initiatives.
• Managing the RCSA process focused on Technology Risk and key U.S. business areas.
• Monitoring KRIs and risk metrics to identify emerging risks and support escalation.
• Coordinating monthly and quarterly Operational Risk reporting and management reporting.
• Providing training on the Operational Risk Management Process to stakeholders.

Skills

Operational Risk

Technology Risk

Risk Event Mgmt

Root Cause Analysis

KRI & RCSA

Stakeholder Mgmt

Job description

The candidate will be part of the Global Operational Risk Management team, based in New York, supporting Operational Risk coverage in the U.S. region and serving as the primary second-line Operational Risk lead for Technology Risk globally, in accordance with the firm's Operational Risk Policy.

Key Responsibilities:

• Establishing and implementing the Operational risk framework and processes in line with firm-wide Operational Risk appetite framework and Global Operational Risk Management Policy
• As part of the U.S. Operational Risk team, managing Operational Risk events in the U.S. region and support significant events in other regions as needed, including event investigation, root cause analysis, control gap assessment, remediation tracking, and escalation of material risks.
• Acting as the primary second-line Operational Risk lead for Technology Risk globally, partnering closely with Technology IT Risk, Information Security, Vendor Risk, and other stakeholders to identify, assess, monitor, and mitigate technology-related operational risks, including technology and cyber risk events, operational resiliency, change management, and third-party technology risk management.
• Lead Operational Risk deep dives, thematic reviews, scenario analysis, and control enhancement initiatives, with a particular focus on technology risk, significant operational risk events, and emerging risk themes.
• Managing the Risk and Control Self-Assessment (RCSA) process, with the focus on Technology Risk and key U.S. business and functional areas.
• Monitoring Key Risk Indicators (KRIs) and risk metrics to identify emerging operational and technology risks and support timely escalation.
• Coordinating monthly and quarterly Operational Risk reporting, including risk trends, significant event review, thematic analysis and management reporting.
• Providing training on the Operational Risk Management Process to relevant stakeholders.

Experience and Qualifications

• 8+ years of experience in Operational Risk, Front Office Control, Audit, Technology Risk, Cyber Risk, or a related risk and control function within a financial services environment.
• Strong understanding of technology risk frameworks and associated risk domains, including application and infrastructure risk, operational resiliency, SDLC and change management, cyber risk, incident management, and third-party technology risk.
• Experience managing operational risk events, conducting root cause analysis, identifying control gaps, and driving remediation and control enhancement initiatives.
• Experience leading or facilitating Risk and Control Self-Assessments (RCSA), scenario analysis, risk assessments, and Key Risk Indicator (KRI) monitoring.
• Relevant understanding of equities, electronic trading, algorithmic trading, and supporting technology environments is preferred.
• Strong analytical, organizational, and problem-solving skills, with the ability to independently assess complex risk issues, manage multiple priorities, and deliver practical, risk-based recommendations in a fast-paced environment.
• Proven track record of building strong relationships across Technology, IT Risk, Information Security, Vendor Risk, Compliance, and business stakeholders, with the ability to communicate effectively with relevant stakeholders and senior risk management.

About Us

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodation to individuals with disabilities, as required by applicable law.

The salary offered will take into consideration an individual’s experience level and qualifications. In addition to salary, Jefferies Financial Group is proud to offer a comprehensive benefits package to eligible, full-time employees or part-time employees, who are scheduled to work at least 30 hours or more per week, including an annual discretionary incentive and retention bonus, competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Jefferies also offers paid time off packages that include planned time off (e.g., vacation), unplanned time off (e.g., sick leave), and paid holidays, and for full-time employees, paid parental leave.