Job summary:

The Risk Assessment Central Analytics Vice President will work in the Operational Risk Management (ORM) Risk Assessment Central Analytics Team within CCOR (Compliance, Conduct and Operational Risk) as part of the second line of defense (2LOD).The ORM Central Analytics Team VP will perform data analytics for various operational risk assessments across the firm, including ratings and written narratives to evaluate and challenge the sufficiency of the first line of defense (1LOD) risk assessments,  as well as drive and lead  various programmatic initiatives. Team members are expected to promote a strong risk culture by developing a solid subject matter expertise on operational risk within the firm’s lines of business (LOBs) and Legal Entities (LEs) to carry forward thought leadership and approach on operational risk assessments for the firm. The incumbent will be part of a the ORM Central Analytics Team that works within a highly visible, heavily deadline-driven environment. Success in the role demands meticulous attention to detail, strong, independent curiosity which yields productive research, the ability to integrate disjointed information and a propensity to think holistically.   

Job responsibilities:

Perform Risk Analytics and Assessments: Conduct detailed analytics centered on operational risks metrics, (such as risk impact and effectiveness of controls) along with other quantitative and qualitative data points to assess the firm’s/LOB’s/LE’s current state of operational risk.  Liaise with Subject Matter Experts: Engage with all levels of CCOR contacts for key information such as current events, issues, operational losses, and watch items that could materially affect a specific risk assessment. Present CCOR’s effective challenges of 1LOD’s assessment ratings or commentary. Executive Reporting: Prepare executive risk assessment summaries for Executive Leadership and Board consumption that are factually substantiated, highlighting operational and compliance key risks, events, issues, remediations, Key Risk Indicators and Key Performance Indicators (KRIs / KPIs), trends, and watch areas that deliver a clear, easy to understand conclusion on risk. CCOR Executive Risk Owner Reporting (Roll-up): Assist in consolidating risk assessment presentation, recommended effective challenges, and supporting key documentation for CCOR Executive Risk Owner’s review and feedback. Engage in ORM Central Analytics Team Projects: Engage on project related work necessary to take the risk assessment program to the next level. Work closely with leadership and team members to accomplish project milestones by conducting user acceptance testing, AI prompting, research, and/or analytics to contribute to various strategic priorities.

Required qualifications, capabilities, and skills:

Qualified graduate with minimum of 12 years relevant experience in operational risk management within Compliance, Audit, or Controls with a concentration on financial services, business administration or finance. Excellent, professional oral and written communication skills  Very strong data mining and advanced analytics skills required utilizing MS Office Suite, i.e. Excel (advanced formulas, VBA), Large Language Models (AI) and advanced PowerPoint skills Analyze data effectively, distill insights / themes into easily understandable terms Possess a sense of urgency, proactive, intellectual curiosity, resourcefulness, excellent analytical, problem solving skills, and follow-through  A self-starter who adapts to a fast paced and results driven environment and who is committed to put in the necessary time to meet deliverables