Friday, September 2, 2011

New job Operational Risk Manager - Director New York, NY

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  • Subject: Operational Risk Manager - Director New York, NY

Gerald Elliott posted a job: Operational Risk Manager - Director New York, NY

"Top-tier financial services firm is seeking an Operational Risk Control Manager. The role will report to the COO. The Manager is responsible for implementing and directing the risk management framework at the firm, including Risk and Control Self-Assessments, key risk indicators, risk reporting, escalating operational risk events, money market fund net asset value escalation, money market fund stress testing, and reconcilement monitoring. Other responsibilities include: · Advise senior management on the risks of new products, new processes, new business acceptance, and new strategic initiatives. · Facilitate the analysis and implementation of new controls following operational risk events, missteps by competitors, or in response to detailed process reviews conducted by members of the Risk Management Department. · Meeting with clients and prospects to describe the firms risk management processes. · Coordinate the firm’s response to Corporate Risk initiatives, scenario analyses, and certain regulatory inquiries and examinations. · Responsible for understanding and monitoring trends and changes to the risk based economic capital allocated to the firm as a part of the firm’s Internal Capital Adequacy Assessment Process (ICAAP). · Responsible for continuous monitoring and assessment of the firm’s risk exposures and the strength of the control environment. Qualifications: · Minimum of 10 years operational risk management experience. · Asset Management background · Masters or Law Degree. · Managing a small staff; must be senior enough to deal with top management. To apply please submit your resume to Info@compliancesearch.com"

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