Operational Risk Manager

Job Summary

Owning the operational risk discipline within the enterprise risk program, the full-time Operational Risk Manager will design and implement a formal operational risk framework, manage the operational loss event database, and conduct scenario analysis, working remotely from Chicago, IL or New York, NY.

Key responsibilities

• Design and implement a formal operational risk framework, including loss event categories and business line ownership model
• Build and manage the operational loss event database to capture and analyze material operational failures
• Run the RCSA process across all business lines, facilitating assessments and producing risk reporting outputs

Required qualifications

• 5+ years of operational risk management experience, with at least 2 years in a dedicated OpRisk role at a regulated financial services institution
• Hands-on experience building or running a RCSA process, including methodology design and assessment facilitation
• Experience with operational loss event management, including categorization and root cause analysis
• Familiarity with scenario analysis methodology and ability to produce quantified outputs for board-level reporting
• Experience working alongside Engineering or Technology teams in a risk capacity