Operational Risk Management is part of Compliance, Conduct and Operational Risk (CCOR), within the Risk Management and Compliance organization. CCOR is responsible for the design and execution of the CCOR program, which consists of the second line of defense’s responsibilities in the oversight of management of the firm’s Compliance, Conduct, and Operational Risk.
As an Operational Risk Management Lead, you will join a global team of risk professionals from a diverse range of backgrounds and experience ensuring the Firm’s Operational Risk Management Framework is implemented and functions effectively within Corporate & Investment Bank (CIB) Markets.
Job Responsibilities
- Leveraging the Firmwide Compliance, Conduct and Operational Risk (CCOR) Management Framework to Identify, Measure, Monitor, Manage, Report and Govern Operational Risk for the Global Markets Businesses.
- Understanding and assessing Key and Emerging Risks for Global Rates and Fixed Income Finance businesses.
- Focus on Electronic Trading and lead the evolution of the Electronic Trading Risk Management Framework including the review and approval of new or materially changed E-Trading Activities.
- Independently assess operational risks and control environments through quantitative and qualitative means. Monitor the risks and collaborate with the CCOR Testing team to test the effectiveness of controls.
- Communicate the results and changes to risk assessments and the results of monitoring and testing activities to business management and in Risk and Control Forums.
- Liaise with key stakeholders across Markets including first, second and third line of defense.
- Bring a focus upon internal process re-engineering, with a view to making recommendations and enhancements to existing Risk processes where opportunities arise.
Required Qualifications, Capabilities, and Skills
- Experience with risk management, controls management, markets products, Front Office and Operations trade flow processes and lifecycles, regulatory reporting, or technology for Rates / Fixed Income Finance products required.
- Minimum Bachelor’s Degree with 5+ years of Markets and/or Operations related experience.
- Strong influencing skills and ability to lead change and deliver results; Ability to multi-task, prioritize and thrive in a fast-paced and evolving environment.
- Strong team player and ability to communicate clearly and concisely in a fast-paced environment