AVP, Operational Risk Management

AVP - Operational Risk Management New York, NY Job Summary This position reports to the Head of Operational Risk, and provides second line oversight and effective challenge for all non-financial risks. The individual will support the Head of Operational Risk to execute the operational risk framework including, but not limited to, the Risk and Control Self- Assessment (RCSA), Controls Testing, Issues and Actions Management, Key Risk Indicators, Operational Risk Incident Reporting, Scenario Analysis, etc. Assist in identifying operational risk issues and monitor risk profile is mitigated and within risk appetite. Contribute to escalation and accurate reporting to Risk Governance committees. Support the business on the identification and timely reporting of incidents in the GRC tool. Essential Duties and Responsibilities: Collaborate with the first line business experts to facilitate the RCSAs to include the assessment of key processes, risks, mitigating controls and action plan development Monitor and perform controls testing to validate the effectiveness of controls in the business unit Assist the business unit with timely reporting of operational risk incidents including root cause analysis and development of mitigating action plans Identify and analyze trends in KRIs for the Risk Profile Report, as well as other findings reported to risk management and compare against benchmarking of operational risks and loss data Perform ongoing reviews of operational areas and provide recommendations to improve quality of risk controls Analyze, track, and produce reporting of issues and action plans in the GRC tool Assist in conducting operational risk scenario analysis for annual capital stress testing Assist in updating operational risk management policy and procedures, and other related materials Assist in preparing reports to the Management Risk Committee, New Products and Initiatives Committee, Management, the Board and other risk oversight committees Team player in an evolving operational risk management environment, incorporating a positive attitude and flexible approach Skills, Education and Experience: Bachelor''s degree from a four-year College or University Minimum 5 years of Operational Risk Management, or equivalent Audit or Compliance experience, in Retail Banking or Financial Services Certification in Risk Management, preferably Operational Risk Knowledge of compliance laws, rules, regulations, risks and controls (BSA/AML, etc.) Experience with Governance Risk and Compliance (GRC) tool Advance knowledge of MS Office, SharePoint Strong Technical skills with the ability to streamline data, design and standardize risk reporting Strong Project Management and the ability to manage several tasks at once Excellent written and verbal communication and ability to interact with all levels of the Bank Ability to work in a fast-paced environment, multi-task, and meet deadlines All new hires must be fully vaccinated with a COVID-19 vaccine in order to work at Apple Bank. Candidates are responsible for showing proof of these vaccinations during their onboarding period. Reasonable accommodations will be considered for disabled applicants and employees with medical documentation establishing they should not be vaccinated and for those with sincerely held religious beliefs that prevent vaccination. If you need to request a reasonable accommodation, please contact [Click Here to Email Your Resumé]. Apple Bank offers Medical/Dental, Vision, 401k and Tuition Reimbursement to full time employees. We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, military and/or veteran status, or any other Federal or State legally-protected classes.

Created: 2021-11-29