Operational Risk Manager

Bruin; St. Louis (MO); On-site; USD 140,000 - 165,000; Full time

Job summary

A prominent financial services firm is seeking an experienced individual for a Mid-Senior level role focused on Operational Risk Management in St. Louis, MO. The role involves developing frameworks, leading a team, and enhancing risk management processes. Candidates should have 10-15 years of relevant experience and a Bachelor's degree in finance or business administration. This position requires office attendance five days a week, with competitive compensation.

Qualifications

• 10-15 years of relevant experience in Operational Risk management or a related role.
• Significant experience in Financial Services, ideally in a broking/capital markets environment.
• Previous management experience leading a small team.

Responsibilities

• Assess, recommend, develop, and maintain the Operational Risk Management Framework.
• Lead the execution and enhancement of the RCSA program.
• Build and lead a growing team while fostering business partnerships.

Skills

Operational Risk management

Risk and Control Self-Assessments

Governance, Risk, and Compliance software

Team collaboration

Education

Bachelor's Degree in finance or business administration

Job description

Overview

Base pay range: $140,000.00/yr - $165,000.00/yr. This range is provided by Bruin. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Organization: Bruin Financial — AVP, Risk Management, North America (role based in St. Louis)

Location: St. Louis, MO (office-based; relocation required if not within commuting distance)

Responsibilities

• Assess, recommend, develop, and maintain the Operational Risk Management Framework (ORMF) in line with the Firm's ERM framework.
• Lead the execution and enhancement of the RCSA program, transitioning to a business process-level approach, integrating KRIs, OREs, and new GRC technology.
• Shape the strategic direction of the RCSA framework, including risk ranking, RCSA refreshes, and continuous improvement through stakeholder feedback.
• Build and lead a growing team, foster strong business partnerships, and drive engagement through thought leadership, workshops, and tailored process implementation.
• Prepare executive-level reporting for senior management and the board.

Qualifications

• 10-15 years of relevant experience in Operational Risk management or a related role.
• Strong and broad knowledge of core Operational Risk Management components and processes, including Risk and Control Self-Assessments, Operational Risk Event reporting and mitigation, Key Risk Indicators, Scenario Analysis, etc.
• Significant Financial Services experience, preferably in a broking/capital markets environment.
• Previous management experience (leading a small team).
• Bachelor's Degree in finance, business administration, or related field (preferred).
• Experience partnering with 1st line business units.
• Experience with Governance, Risk, and Compliance (GRAC) software and knowledge of how ORM processes are incorporated into GRAC tools, and continuously managed through the tools.
• Team player who collaborates with other teams and business units.
• 5 days per week in the office.

Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Other
• Industries: Investment Banking and Financial Services

Location & Schedule

Location: St. Louis, MO

Schedule: Office-based, 5 days per week