Compliance and Operational Risk Specialist

Job Description:The Compliance and Operational Risk ("C&OR") Specialist assists the C&OR officer team in activities to contribute to the independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs).The C&OR Specialist assists in engaging other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line''s risk management activities. The C&OR Specialist assists in preparing materials for C&OR regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audits/inquiries.The C&OR Specialist is accountable for assisting the C&OR Team in the proactive identification, escalation and timely mitigation of compliance and operational risks through the execution of some or all of the following activities:• Assists in the development of independent risk management reporting for respective area(s) of coverage as input into governance and management routines• Contributes to the oversight of FLU/CF training which may include content development and/or tracking and communication of employee completion rates• Assists with the development and maintenance of C&OR owned policies and standards and/or the oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory; may support communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirements• Assists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues and control enhancements• Assists in remediating C&OR "owned" issues and control enhancements• Contributes to risk coverage plan development, executes independent risk monitoring, testing, and risk assessments, communicates results• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)• Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls• Assists with the development of risk metrics, monitors related performance and breach remediationRequired and desired qualifications:• Knowledge of various facets of application security and network infrastructure security, including defense in depth• Familiarity of security standards and regulations• General knowledge of SDLC process• General knowledge of risk management and risk governance processes• Excellent communication skills, ability to communicate at all levels• Strong critical thinking skills• Strong interpersonal skills• Sound teamwork and conflict resolution skills• CISSP, CISM or CRISC desired Required Skills: Minimum Years Business & Functional Experience: 5 Years Functional ExperienceDegree Required: Bachelor''s DegreeJob Band:H5Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 --> Job Description:The Compliance and Operational Risk ("C&OR") Specialist assists the C&OR officer team in activities to contribute to the independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs).The C&OR Specialist assists in engaging other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line''s risk management activities. The C&OR Specialist assists in preparing materials for C&OR regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audits/inquiries.The C&OR Specialist is accountable for assisting the C&OR Team in the proactive identification, escalation and timely mitigation of compliance and operational risks through the execution of some or all of the following activities:• Assists in the development of independent risk management reporting for respective area(s) of coverage as input into governance and management routines• Contributes to the oversight of FLU/CF training which may include content development and/or tracking and communication of employee completion rates• Assists with the development and maintenance of C&OR owned policies and standards and/or the oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory; may support communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirements• Assists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues and control enhancements• Assists in remediating C&OR "owned" issues and control enhancements• Contributes to risk coverage plan development, executes independent risk monitoring, testing, and risk assessments, communicates results• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)• Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls• Assists with the development of risk metrics, monitors related performance and breach remediationRequired and desired qualifications:• Knowledge of various facets of application security and network infrastructure security, including defense in depth• Familiarity of security standards and regulations• General knowledge of SDLC process• General knowledge of risk management and risk governance processes• Excellent communication skills, ability to communicate at all levels• Strong critical thinking skills• Strong interpersonal skills• Sound teamwork and conflict resolution skills• CISSP, CISM or CRISC desired Required Skills: Minimum Years Business & Functional Experience: 5 Years Functional ExperienceDegree Required: Bachelor''s DegreeJob Band:H5Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 Job Description:The Compliance and Operational Risk ("C&OR") Specialist assists the C&OR officer team in activities to contribute to the independent compliance and operational risk oversight of Front Line Unit or Control Function ("FLU/CF") performance and any related third party/vendor relationships in alignment with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively "the Policies") and the Compliance and Operational Risk Management ("CORM") Program and Standard Operating Procedures (SOPs).The C&OR Specialist assists in engaging other C&OR officers, including horizontal coverage owners and Enterprise Areas of Coverage ("EAC"), to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line''s risk management activities. The C&OR Specialist assists in preparing materials for C&OR regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audits/inquiries.The C&OR Specialist is accountable for assisting the C&OR Team in the proactive identification, escalation and timely mitigation of compliance and operational risks through the execution of some or all of the following activities:• Assists in the development of independent risk management reporting for respective area(s) of coverage as input into governance and management routines• Contributes to the oversight of FLU/CF training which may include content development and/or tracking and communication of employee completion rates• Assists with the development and maintenance of C&OR owned policies and standards and/or the oversight of FLU/CF-owned policies, standards and procedures to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory; may support communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirements• Assists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues and control enhancements• Assists in remediating C&OR "owned" issues and control enhancements• Contributes to risk coverage plan development, executes independent risk monitoring, testing, and risk assessments, communicates results• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)• Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls• Assists with the development of risk metrics, monitors related performance and breach remediationRequired and desired qualifications:• Knowledge of various facets of application security and network infrastructure security, including defense in depth• Familiarity of security standards and regulations• General knowledge of SDLC process• General knowledge of risk management and risk governance processes• Excellent communication skills, ability to communicate at all levels• Strong critical thinking skills• Strong interpersonal skills• Sound teamwork and conflict resolution skills• CISSP, CISM or CRISC desired Required Skills: Minimum Years Business & Functional Experience: 5 Years Functional ExperienceDegree Required: Bachelor''s DegreeShift:1st shift (United States of America)Hours Per Week: 40

Created: 2021-11-29