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Contract role until March 2026
Overview:
The Operational Risk Officer - is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.
Responsibilities:
Establishes and oversees the application of operational risk policies, technology & tools and governance processes to create lasting solutions for minimizing losses from failed internal processes, inadequate controls, and emerging risks.
* Independently assess' risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.
* Governance and oversight may include (not limited to) technology operational risk, risk for example.
* Serves as a subject matter expert for Issues Management (KPI/KRI/Corrective Action Plans).
* Resolves transactional level escalations coming from the vendor or internal partners. Analyzes a multitude of scorecards/performance management tools in an attempt to mitigate exposure (risk/financial/regulatory).
* Monitors goals are met through performance, risk and relationship oversight of our extended supply chain.
* Collaborates to resolve any issues which fall within the terms of the contract. Develops and maintains relationships across the business users and Lines of Defense to better understand and deliver customer requirements by responding to changes in the internal and external business environment.
* Has the ability to operate with a limited level of direct supervision.
* Can exercise independence of judgement and autonomy.
* Acts as SME to senior stakeholders and /or other team members. Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding the company, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Qualifications:
* At least 5 years' experience navigating and networking across an enterprise utilizing internal and external resources Third Party Oversight/Vendor Oversight experience preferred Business writing experience preferred.
* In depth knowledge of Securities Services Custody Operational processes and technology platforms supporting the Custody business.
* Demonstrated communication skills, both written and verbal.
Education:
* Bachelor's/University degree, Master's degree preferred.
------------------------------------------------------
Seniority level
* Seniority level
Mid-Senior level
Employment type
* Employment type
Contract
Job function
* Job function
Finance
* Industries
Banking
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