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Title

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Operational Risk Manager

Description

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We are looking for an experienced and dedicated Operational Risk Manager to join our team. This position requires a professional with a strong understanding of operational risk management principles and the ability to apply these principles in a practical context. The Operational Risk Manager will be responsible for identifying, assessing, monitoring, and mitigating operational risks within the organization. This includes developing and implementing risk management policies and procedures, conducting risk assessments, and providing risk management training to staff. The successful candidate will also be responsible for reporting on risk management activities to senior management and the board of directors. This role requires strong analytical skills, excellent communication skills, and the ability to work effectively with a wide range of stakeholders.

Responsibilities

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  • Develop and implement operational risk management policies and procedures.
  • Conduct operational risk assessments.
  • Monitor and mitigate operational risks within the organization.
  • Provide risk management training to staff.
  • Report on risk management activities to senior management and the board of directors.
  • Collaborate with other departments to manage operational risks.
  • Ensure compliance with regulatory requirements related to operational risk management.
  • Participate in the development of risk management strategies.
  • Conduct regular reviews of risk management policies and procedures.
  • Manage operational risk incidents and ensure appropriate response.

Requirements

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  • Bachelor's degree in finance, business, or a related field.
  • Minimum of 5 years of experience in operational risk management.
  • Strong understanding of operational risk management principles.
  • Excellent analytical and problem-solving skills.
  • Strong communication and presentation skills.
  • Ability to work effectively with a wide range of stakeholders.
  • Knowledge of regulatory requirements related to operational risk management.
  • Proficiency in risk management software.
  • Ability to manage multiple tasks and projects simultaneously.
  • Certification in risk management is a plus.

Potential interview questions

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  • Can you describe your experience with operational risk management?
  • How do you conduct an operational risk assessment?
  • Can you give an example of a risk management strategy you have developed?
  • How do you ensure compliance with regulatory requirements related to operational risk management?
  • Can you describe a time when you had to manage an operational risk incident?