Operational Risk Program Manager

Jobtailor; Arizona; On-site; USD 90,000 - 130,000; Full time

Job summary

Jobtailor in the United States seeks an experienced Senior Operational Risk professional to lead a team and develop programs that identify, measure, monitor, and control organizational risk. You will execute the Operational Loss program and enhance the Scenario Analysis program, while maintaining standards and training across the risk function.

You will collaborate with first and second lines of defense to document CCAR scenarios, align risk programs with enterprise standards, and drive

Qualifications

• 5+ years of related experience in Risk Management, Internal Audit, SOX, and Financial Institutions or similar field.
• Bachelor's Degree in related field required.
• General banking operations knowledge (deposits, loans, treasury) and related regulatory obligations.
• Understanding of risk and control frameworks (COSO, Basel) and lines of defense.
• Knowledge of risk management tools and data analysis techniques.
• Advanced proficiency in Word, Excel, and PowerPoint.

Responsibilities

• Lead a team in developing and implementing programs to identify, measure, monitor, and control organizational risks.
• Execute and administer the Operational Loss program.
• Execute and enhance the Operational Risk Scenario Analysis Program.
• Maintain standards and procedures, provide guidance and training, and report on operational loss activity and trends.
• Collaborate with subject matter experts across the first and second lines of defense to create and document scenarios for CCAR and the Capital Stress Test.
• Partner across the Lines of Defense to drive consistency, standardization, and alignment of risk programs and processes.
• Ensure governance structures, policies, and methodologies are applied uniformly in accordance with enterprise standards and risk management frameworks.
• Identify and implement enhancements to risk frameworks, reporting processes, and enabling tools.
• Leverage automation and best practices to improve efficiency, data quality, and program maturity.
• Monitor enterprise risk trends and identify emerging and evolving risks.
• Assess issues and determine potential impacts, ensuring visibility and readiness for escalation when risk levels exceed defined thresholds.
• Develop and deliver timely, accurate, and actionable risk reporting for senior management and risk governance committees.
• Provide insights into the organization’s risk profile, key trends, and emerging exposures.

Skills

Risk Management

Operational Risk Scenario Analysis

Regulatory Compliance

Risk Reporting

Data Analysis

Communication Skills

Education

Bachelor's Degree in related field

Tools

Excel

PowerPoint

Microsoft Office Suite

Risk Management Tools

COSO ERM Framework

Job description

• Lead a team in developing and implementing programs to identify, measure, monitor, and control organizational risks
• Execute and administer the Operational Loss program
• Execute and enhance the Operational Risk Scenario Analysis Program
• Maintain standards and procedures, provide guidance and training, and report on operational loss activity and trends
• Collaborate with subject matter experts across the first and second lines of defense to create and document scenarios for CCAR and the Capital Stress Test
• Partner across the Lines of Defense to drive consistency, standardization, and alignment of risk programs and processes
• Ensure governance structures, policies, and methodologies are applied uniformly in accordance with enterprise standards and risk management frameworks
• Identify and implement enhancements to risk frameworks, reporting processes, and enabling tools
• Leverage automation and best practices to improve efficiency, data quality, and program maturity
• Monitor enterprise risk trends and identify emerging and evolving risks
• Assess issues and determine potential impacts, ensuring visibility and readiness for escalation when risk levels exceed defined thresholds
• Develop and deliver timely, accurate, and actionable risk reporting for senior management and risk governance committees
• Provide insights into the organization’s risk profile, key trends, and emerging exposures

Requirements

• 5+ years of related experience in Risk Management, Internal Audit, SOX, and Financial Institutions or similar field
• Bachelor's Degree in related field required
• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
• Intermediate to advanced knowledge across one or more of the three lines of defense, such as banking operations, information technology, SOX, compliance, risk management, or audit
• Knowledge and experience with risk and control frameworks, including COSO ERM Framework and Basel
• Intermediate to advanced knowledge of risk management tools and systems
• Advanced proficiency in Microsoft Office Suite, including Word, Excel, and PowerPoint
• Intermediate to advanced technical knowledge of risk frameworks and industry best practices as related to the assigned Risk Program
• Advanced speaking and writing communication skills

Core Competencies

Demonstrates expertise in Risk Management, including the development and implementation of risk programs, governance structures, and compliance with regulatory standards. Proficient in risk reporting and analysis, with a strong focus on enhancing operational risk frameworks and leveraging technology for improved efficiency.

Highest-signal resume keywords

• Risk Management
• Operational Risk Frameworks
• Regulatory Compliance
• Risk Reporting
• Microsoft Office Suite

ATS Optimization Keywords

Hard Skills

• Risk Management
• Operational Risk Scenario Analysis
• Risk and Control Frameworks
• COSO ERM Framework
• Basel
• Risk Management Tools
• Banking Operations
• SOX Compliance
• Financial Institutions
• Data Analysis

Soft Skills

• Communication Skills
• Collaboration
• Training and Guidance
• Problem-Solving

Industry Keywords

• Operational Loss Program
• Capital Stress Test
• First and Second Lines of Defense
• Governance Structures
• Enterprise Standards
• Emerging Risks
• Risk Trends
• Commercial Banking Products