New discussion New Job just in..looking for an operational risk person for a client in Chicago..job spec below...email me if interested..mike@chicagofinancial.com

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Group: JOBS 2.0: Job Search Career Networking Staffing. Post Resume -Get Paid by Employers at Resumark .com Mike Kelly has started a discussion: New Job just in..looking for an operational risk person for a client in Chicago..job spec below...email me if interested..mike@chicagofinancial.com "Internal Job Description: We are looking for an Experienced Senior Operational Risk Analyst to join our Operational Risk Management Team . In this position you will be responsible for facilitating and overseeing the Outsourcing Risk Managment Program and creating and implementing a process risk assessment program. ESSENTIAL JOB FUNCTIONS: Facilitate and oversee multiple projects related to assessing and mitigating vendor risk. Be the Outsourcing Risk subject matter expert and mentor vendor owners with risk assessments and due diligence processes to mitigate risk. Develop and implement a process risk assessment program, leading to identifying internal controls improvements to mitigate operational risk Collaborate with business line managers and Ops Risk colleagues to define and establish key risk indicators to effectively monitor and predict increasing risk conditions Collaborate with business line managers to create action plans to improve internal controls and mitigate increasing risk conditions. Implement an effective monitoring framework to measure business lines' compliance with the vendor risk management policy; periodically conduct vendor risk reviews. Support bank initiatives through risk analysis of new new products, recommend risk mitigation solutions, and monitor/report control implementation progress and results. Additional Requirements/Skills: Extremely detail oriented with excellent organizational, follow-up, and analytical skills. Effectively plan and execute multiple projects at once, meeting established deadlines, within budget and achieving overall project objectives. Thorough understanding of risks presented by outsourcing relationships, and the regulatory and industry practices to identify, manage, and monitor risk. Thorough understanding of the industry products, delivery channels, and payment processing systems. Applied knowledge of operational processes and industry best practices of internal controls to minimize operational losses. Applied knowledge of developing/redesigning processes and measuring effectiveness and efficiency. Understanding of operational risk mitigation-related regulations and guidelines for the banking industry. Excellent writing skills with experience in developing and documenting policies and procedures, management reports and presentations. Advance knowledge of Microsoft Excel, Powerpoint and Word. Effectively plan and execute multiple projects at once, meeting established deadline, within budget and achieving overall project objectives. Ability to define problems and propose solutions. ACADEMIC BACKGROUND AND EXPERIENCE: Bachelor degree At least 5-8 years experience in bank securities operations or risk management, with increasing responsibilities and diverse experiences."

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