Operational Risk Director – ORM Program & Practices

Operational Risk Director – ORM Program & Practices

Requirements

• Bachelor’s degree and twelve years’ experience in compliance, legal, audit, risk or other relevant function
• A combined minimum sixteen years’ higher education and/or work experience including twelve years’ experience in compliance, legal, audit, risk or other relevant function in lieu of degree
• Minimum of five years’ managerial or supervisory experience
• Demonstrated leadership capabilities
• Proficient computer skills (including spreadsheet and word processing software)
• Analytical skills
• Working knowledge of applicable laws
• Written and verbal communications with all levels

Responsibilities

• Ownership of Operational Risk Management’s (ORM) program framework, including supporting policies, procedures, and department internal guidance
• Ownership of applicable governing documents (e.g. Charters, Policies) including assurance that ORM’s scope and mandate is accurately reflected in key enterprise documents (e.g. enterprise risk framework)
• Provide training on ORM Program to ORM, Risk Division and business risk partners as appropriate
• Ownership of ORM reporting capabilities to key stakeholders, including Operational Risk Committee, Management Risk Committee, and other bodies at the senior/executive level
• Ownership of key reports and deliverables to internal/external audit and external regulators
• Develop and monitor metrics to support effective management of ORM program activities and metrics to support risk assessment conclusions from ORM program execution
• Provide risk analytics expertise in support of program execution and reporting
• Ownership of ORM records, ORM data standards and risk taxonomy
• Represent ORM in co-ordination with Risk Division partners to achieve consistent cross pillar approaches on bankwide risk program elements and in prioritizing and testing functional capabilities in Bank GRC in support of ORM
• Serves as primary support to the Senior Director – Operational Risk Management in developing, communicating, and executing the ORM strategic vision
• Responsible for ORM’s internal quality assurance program
• Responsible for ORM’s skills capabilities assessment and training program

Preferred Qualifications

• Management level experience within Operational Risk Management, Enterprise Risk Management, Internal Audit, or other risk disciplines
• Experience preparing reports for delivery to executive management
• Experience using Archer or other eGRC platforms
• Operational Risk program management