Operational Risk Management (ORM) is part of the Compliance, Conduct and Operational Risk (CCOR) function within the Risk Management and Compliance organization. CCOR maintains oversight of the firm’s compliance, conduct and operational risk management activities and are responsible for the design and execution of the CCOR program, which consists of the second line of defense’s responsibilities in managing the firm’s compliance, conduct, and operational risk.
Our organization is focused on cultivating a strong, unified culture that embraces a sense of personal accountability in developing the highest corporate standards in governance and controls. Business priorities are focused on continuing to strengthen and guard the firm from the many risks we face while fostering a transparent culture and continuing to do first class business in a first-class way. We are equally focused on nurturing talent, respecting the diverse experiences that our team of professionals brings and embracing an inclusive environment.
As a Vice President within the Europe, Middle East and Africa Corporate and Investment Bank (CIB) Markets Operational Risk Management (ORM) team, you will be a part of a global team of risk professionals from a diverse range of backgrounds and experience who collectively ensure that the Firm’s Operational Risk Management Framework is implemented and functions effectively within CIB Markets
Job Responsibilities
- Leverage the Firmwide CCOR Management Framework to maintain oversight over the CIB Markets Businesses in collaboration across the three lines of defence including Compliance, Audit and Markets Control Functions.
- Understand and assess Key and Emerging Risks for Global Markets businesses.
- Assess operational risks and control environments through quantitative and qualitative means in line with the CCOR Framework and work with first line of defence to remediate any deficiencies.
- Collaborate with the Testing Centre of Excellence to test the effectiveness of controls.
- Bring a focus upon internal process re-engineering, with a view to making recommendations and enhancements to existing Risk processes where opportunities arise.
- Stay abreast of industry news and regulatory developments to facilitate proactive risk identification and mitigation.
Required qualifications, capabilities, and skills
- Bachelor’s Degree with relevant experience in Markets, Operations, Risk or Compliance.
- Strategic thinker with strong analytical and project management skills with successful track record of completion.
- Ability to multi-task, prioritize and communicate clearly and concisely in a fast-paced and evolving environment.
Preferred qualifications, capabilities, and skills
- Experience with risk management, controls management, products and operations trade flow processes and lifecycles, regulatory reporting or technology for one or more CIB Markets businesses (i.e. Rates, Commodities, Currencies & Emerging Markets, Fixed Income Financing, Credit, Equities).
- Experience or knowledge of operational risks relating to digital assets including blockchain-enabled payments, tokenized deposits, stablecoins, and related digital asset infrastructure.
- Adaptability to learn and understand internal systems (including E-Trading systems), technology architecture and components, processes, sub-processes, risks and controls.