Operational Risk Mgmt. Advisor

synovuscareers; Birmingham (AL); On-site; USD 90,000 - 140,000; Full time

Job summary

Pinnacle is seeking an Operational Loss Scenario Analyst to support the risk management program by developing, analyzing, documenting, and reporting operational loss scenarios. You will partner with risk teams to assess severe-but-plausible events and support governance, stress testing, and enterprise risk activities.

Minimum education is a Bachelor's in Accounting, Finance, or Business Administration with 10 years of risk-related experience in banking or financial services.

Qualifications

• Minimum education: Bachelor’s degree in Accounting/Finance/Business Admin or related field.
• Strong background in risk management, audits, and regulatory compliance.
• Knowledge of banking operations and financial analysis is required.

Responsibilities

• Develop and document operational risk scenarios and maintain scenario inventories.
• Analyze loss events and trends across business lines to identify drivers.
• Prepare risk and scenario reports with dashboards for risk committees.
• Maintain governance records, methodologies, and evidence for reviews.
• Support enterprise stress testing and monitor emerging risk information.

Skills

Operational Risk Management

Enterprise Risk Management

Internal Audit

Fraud Risk Management

Compliance

Banking Operations

Financial Analysis

Education

Bachelor's degree in Accounting, Finance or Business Administration

Job description

The Operational Loss Scenario Analyst supports the Bank's operational risk management program by assisting in the development, analysis, documentation, and reporting of operational loss scenarios. The role is responsible for analyzing operational loss data, supporting scenario workshops, evaluating risk exposures, and producing reports that help management understand potential operational risk impacts.

Working under the guidance of Operational Risk Management leadership, the analyst partners with business units, risk management teams, and subject matter experts to assess severe-but-plausible operational risk events and support enterprise risk management, stress testing, and governance activities.

Key Responsibilities

Scenario Analysis Support

• Assist in the development and documentation of operational risk scenarios.
• Support scenario workshops by gathering data, preparing materials, and documenting outcomes.
• Research internal and external operational risk events to support scenario development.
• Maintain scenario inventories, supporting documentation, and working papers.
• Ensure scenario documentation is complete, accurate, and aligned with established methodologies.

Operational Loss Analysis

• Analyze operational loss events and loss trends across business lines.
• Compile and validate operational loss data from internal systems and repositories.
• Perform quantitative and qualitative analysis to identify loss drivers, emerging risks, and areas of concentration.
• Assist with estimating potential financial impacts associated with operational risk scenarios.
• Support the collection and reconciliation of historical loss information.

Risk Assessment and Reporting

• Prepare routine operational risk and scenario analysis reports.
• Develop dashboards, metrics, and presentations for management committees and risk governance forums.
• Summarize analysis results, assumptions, and key findings for stakeholders.
• Support operational risk assessments by providing data and analytical insights.
• Assist in identifying low-frequency, high-severity operational risk exposures.

Governance and Documentation

• Maintain records of scenario assumptions, methodologies, and supporting evidence.
• Assist with management challenge sessions and documentation of feedback.
• Support preparation of materials for risk committees, internal audit, and regulatory examinations.
• Ensure compliance with operational risk policies, procedures, and governance standards.
• Track action items arising from scenario reviews and challenge sessions.

Stress Testing and Risk Monitoring Support

• Assist in the analysis of operational risk scenarios used in enterprise stress testing activities.
• Support assessment of risks related to:
  • Fraud events
  • Cybersecurity incidents
  • Technology disruptions
  • Third-party failures
  • Process breakdowns
  • Regulatory and compliance events
• Monitor emerging risk information and industry developments relevant to operational risk.

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Pinnacle is an Equal Opportunity Employer committed to fostering an inclusive work environment.

Minimum Education:

Bachelors Degree in Accounting, Finance or Business Administration or a related field or an equivalent combination of education and experience.

Minimum Experience:

10 years of experience identifying, documenting and evaluating risks and controls relating to operations, financial reporting, and compliance processes and objectives in banking or the financial services industry including relevant experience in internal/external audit, operational risk management, accounting and/or regulatory compliance, Sarbanes-Oxley compliance, or related.

Required Knowledge, Skills & Abilities:

Required:

• 1-3 years of experience in the following:
  • Operational Risk Management
  • Enterprise Risk Management
  • Internal Audit
  • Fraud Risk Management
  • Compliance
  • Banking Operations
  • Financial Analysis