Strategic Operational Risk Partner

Cathay Bank; El Monte (CA); On-site; USD 110,000 - 133,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) with company contributions

Job summary

Cathay Bank in El Monte, California is seeking an Operational Risk Business Partner to join their Second Line of Defense Operational Risk Management function. In this individual contributor role, you will lead the RCSA process, provide independent oversight, and guide business units in enhancing their risk practices.

The ideal candidate is expected to have a bachelor's degree in a relevant discipline and 5-7 years of experience in operational risk management. A strong understanding of regulatory requirements and excellent communication skills are essential for success in this position.

Cathay Bank offers a competitive salary ranging from $110K to $133K annually, along with a comprehensive benefits package.

Qualifications

• Minimum 5-7 years of experience in operational risk, RCSA, incident and issue management, or audit.
• Ability to challenge front-line risk managers and influence risk-based decision making.
• Understanding of operational risk frameworks and regulatory requirements, such as Basel III.

Responsibilities

• Lead and coordinate the annual RCSA process with front-line risk managers.
• Provide independent oversight of operational risk management activities.
• Contribute to policy interpretation and standards related to operational risk.

Skills

Operational risk management principles

Strong analytical and problem-solving skills

Excellent communication

Attention to detail

Education

Bachelor’s degree in Finance, Risk Management, Business Administration, or related discipline

Tools

Incident management tools

Job description

Cathay Bank in El Monte, California is seeking an Operational Risk Business Partner to join their Second Line of Defense Operational Risk Management function. In this individual contributor role, you will lead the RCSA process, provide independent oversight, and guide business units in enhancing their risk practices.

The ideal candidate is expected to have a bachelor's degree in a relevant discipline and 5-7 years of experience in operational risk management. A strong understanding of regulatory requirements and excellent communication skills are essential for success in this position.

Cathay Bank offers a competitive salary ranging from $110K to $133K annually, along with a comprehensive benefits package.