Operational Risk Manager

Green Key Resources; New York (NY); Hybrid; USD 130,000 - 200,000; Full time

Job summary

Green Key Resources is recruiting a Manager to support the global operational risk program within a leading asset management firm. The role focuses on identifying and managing risk events, strengthening governance, and aligning controls across business units in a hybrid work environment.

You will collaborate with risk, control, and business teams, engage with fund boards and senior management on risk matters, and respond to regulatory requests while upholding industry best practices.

Qualifications

• Bachelor's degree required with at least five years in operational risk.
• Experience in asset management or banking preferred.
• Proficient with operational risk frameworks and tools.
• Strong communication and project management skills.

Responsibilities

• Manage and maintain the operational risk framework across products and strategies.
• Investigate events with root cause analysis and assess controls.
• Conduct deep-dive reviews of significant events and implement improvements.
• Track external loss events and assess applicability to the firm.
• Support risk and control self-assessments across units.
• Administer risk tools and support system changes.
• Train staff on operational risk database usage and processes.
• Prepare risk reports for committees and governance forums.
• Engage clients and stakeholders to address errors and breaches.

Skills

Operational risk management

Root cause analysis

Stakeholder communication

Cross-functional collaboration

Regulatory awareness

Risk controls

Education

Bachelor of Science in a related field

Tools

Wolters Kluwer OneSumX

Job description

Job DetailExperience Level ManagerDegree Type Bachelor of Science (BS)Employment Full TimeWorking Type HybridJob Reference 0000019650Salary Type AnnuallyIndustry Asset Management;Wealth ManagementSelling Points Drive impactful operational risk management at a global asset management firm. Collaborate across diverse teams, enhancing processes and strengthening controls. Gain visibility with senior management and regulatory bodies.

Job Description OverviewSupport the global operational risk program, focusing on identifying and managing risk events and issues.Maintain and enhance the operational risk framework and governance processes across the organization.Collaborate globally with business, risk, support, and control teams to strengthen the control environment.Engage with fund boards, oversight committees, and senior management on operational risk matters.Respond to regulatory requests and ensure compliance with industry best practices.Provide holistic risk oversight across interconnected risk disciplines within the organization.Work in a hybrid environment, balancing on-site and remote collaboration effectively.Contribute to the operational risk and resilience frameworks in alignment with global standards.

Key Responsibilities & Duties

• Manage and maintain the operational risk framework, ensuring its integration across all products and strategies.
• Investigate operational risk events, performing root cause analysis and control assessments.
• Conduct deep-dive reviews on significant events, providing recommendations to enhance controls.
• Track external loss events and analyze their applicability to the organization.
• Support risk and control self-assessments (RCSAs) across business units.
• Administer operational risk tools and support system changes implementation.
• Train employees on operational risk database usage and related processes.
• Prepare and present operational risk reports for committees and governance forums.
• Engage with clients and stakeholders, addressing errors and breaches effectively.

Job Requirements

• Bachelor of Science degree with a minimum of five years in operational risk management.
• Experience in asset management or banking industry preferred, with familiarity in global regulations.
• Proficiency in operational risk frameworks and applications like Wolters Kluwer/OneSumX.
• Demonstrated ability to manage multiple projects and work with cross-functional teams.
• Strong communication skills, capable of engaging with stakeholders at all levels.
• Highly motivated self-starter with attention to detail in a dynamic environment.
• Team player with flexibility to adapt to changing priorities and requirements.
• Knowledge of risk appetite development and alignment with industry best practices.