Operational Risk Manager Jobs

Job description

Title: Operational Risk Manager

Duration: 12 Months

Location: Mississauga, ON (Hybrid)

Responsibilities:

• Liaise with the Control Group to support the governance team lead in drafting of the QC review template and closure wrappers for regulatory commitments in line with the TPO policy and guidelines

• Document consent order work performed based on agreed deliverables and ensure consistent and clear messaging suitable for review by Internal Audit and external regulators

• Assess regulatory commitment risks against CO gaps and identify and document the root causes associated with the regulatory commitment

• Collaborate with the executing, governance, risk & control, quality control, TPO and audit teams on addressing concerns in the QA review documentation and closure wrappers during the challenge process

• Coordinates with Transformation Program Group to ensure that the provided documentation is sufficient to meet process requirements

• Appropriately assess risk when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

Experience & Skills:

• 6-10 years experience in banking, risk management and/or regulatory compliance in one or more of the following risk disciplines: technology risk, operational risk, or audit and controls.

• Strong written and oral communication, and influencing skills as this role will require coordination with senior leaders, and audit partners on a regular basis.

• Ability to foster working relationships with other teams across multiple lines of business and with support organizations (control functions), including auditors and regulators.

• Demonstrated judgement and critical thinking skills.

• Ability to formulate big picture and create documentation with clear and concise messaging

• Strong plus if one has experience with regulatory or consent order type of projects, or audit, not a must

• Familiar with internal systems, organizations and regulatory/strategic milestones & commitments

• Ability to apply risk considerations and overall understanding of the regulatory commitments

Qualifications/ Education:

• Bachelors/University degree or equivalent experience, potentially Masters degree