Operational Risk Manager

Company:

Valley Bank Location:

Morristown, NJ Career Level:

Mid-Senior Level Industries:

Banking, Insurance, Financial Services Description Responsibilities include but are not limited to: Oversee the firm wide issue, action and operational risk event identification, escalation, and tracking process for specific business lines. Work with control groups to ensure analysis of issues, actions and events identified, escalated, and documented within the GRC system. Lead and perform operational risk assessments for bank departments, including risk evaluation, documentation, and reporting of findings, trends, and recommendations to Executive Management. Partner with department managers to identify operational risks, develop and refine key risk indicators (KRIs), and support ongoing risk monitoring and mitigation activities. Assist Risk Management on significant risk related projects, initiatives and special risk assessments that impact the risk profile of the bank. Prepare and produce quarterly Board level operational risk reports, including benchmarking the bank's performance against peer institutions. Stay current on regulatory requirements, industry best practices, and emerging risks by participating in relevant professional associations, conferences, and internal and external training programs; maintain required certifications as applicable.