Operational Risk Analyst

Daily Responsibilities:

This role is responsible for providing first line of defense Operational Risk expertise, guidance and support across all the Bank's units in the following areas:

Operational Risk Event Program

Manage Operational Risk Event (ORE) Intake process

Direct the preparation of the root cause analysis

Schedule and Manage ORE review and discussion process

Ensure ORE is complete, issues and action logged and track Condition of Approval.

Perform reconciliation of OREs to General Ledger accounts

Maintain job aids and support documentation

New Initiative / Product Risk Assessments

Manage Risk Triage Assessment (RTA) Intake process for Projects and Initiative

Maintain Risk Assessment Forum (RAF) Schedule

Ensure RTA sign-offs are complete, issues and action logged and track Condition of Approval.

Maintain RTA Library

Maintain Product reassessment pipeline

Maintain job aids and support documentation

Risk Register & RCSA Support

Provide support for Risk Registers and Risk Assessments

Support key risk indicators for 1LOD metrics

Update business unit hierarchy

Collaborate and advise stakeholders on correct taxonomy usage

Maintain job aids and support documentation

Must-have Skills/Experiences and/or Education, certifications, qualifications, designations:

Undergraduate Degree (business preferred) or equivalent experience

Minimum 5 years experience in financial services

3 years experience in risk management (Audit, Compliance or Operational Risk background)

Excellent working knowledge of MS Office applications

Solid understanding of operational risk processes

Nice-to-have Skills/Experience and/or Education, certifications, qualifications, designations:

Regulatory remediation activities

Risk management professional certifications