ERM Operational Risk Analyst 9/4/2016

wolfcreek consulting Westbury, NY

Company
wolfcreek consulting
Job Classification
Full Time
Company Ref #
27874920
AJE Ref #
576095578
Location
Westbury, NY
Job Type
Regular

JOB DESCRIPTION

APPLY
ERM Operational Risk Analyst

JOB SUMMARY

The ERM Operational Risk Analyst is responsible to implement an effective risk based system meant to identify, measure, assess, report, monitor and control operational risk exposures. This role will support the ERM Operational Risk Manager as well as interface with the bank's line of business and their respective Business Process Owners (BPO's) and the bank's regulators.

ESSENTIAL FUNCTIONS

Responsible for specifying and sourcing applicable operations' data, analyzing the information to identify the principal sources of risk and to provide management reporting to assist management and the Board in making better informed operational business decisions with a focus on forward looking metrics. Assesses business risks and works with the ERM Operational Manager to ensure adequate detective and preventative controls are in place to mitigate risk. Represents the ERM Department as subject matter expert on cross-functional operational risk initiatives/projects. Engages in root cause analysis and work with the appropriate groups to recommend controls and solutions when researching riskevents, operational processes, and new regulatory initiatives. Manages riskevents and risk action items to closure. Provides feedback to the line of business around risks, controls, testing, remediation and reporting. Works with the line of business to develop relevant and measurable key risk indicators.

EDUCATION AND EXPERIENCE

Bachelor's degree in Business Administration, Accounting, Finance or related field. Master's degreepreferred. Three to five years of experience in business/operations functions within the banking or financial services industries.

KNOWLEDGE, SKILLS AND ABILITIES

Strong interpersonal skills / ability to develop relationships with business lines, internal audit and external auditors. Strong team player. Strong oral and written communication skills.