Operational Risk Manager

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.

Requirements:

Required Skills:

Comprehensive knowledge of the functions of bank departments and of the banking industry. Demonstrated operational skills. Ability to effectively respond to shifting priorities and assignments. Proficient PC skills for Microsoft Office - Word, Excel and Outlook. Some knowledge of Access. Excellent verbal and written communication skills. Ability to use communication skills to effectively manage correspondence with all levels of bank staff, senior and executive management and representatives of outside organizations. Developed analytical skills. Basic mathematical skills. Ability to read, analyze and interpret complex documents. Well organized and detail oriented. Ability to meet deadlines and expectations with little or no supervision.

Required Experience:

Bachelors Degree in finance, business administration, risk management, or a related field. Minimum of 5 years of experience in operational risk management or a related area within a financial services environment. Strong understanding of risk management frameworks, regulatory requirements, and industry best practices.

Additional Details :

At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice-building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth-with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US. At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you-working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients-that includes all our associates as well. The Operational Risk Manager manages and facilitates operational risk identification, assessment, measurement, monitoring across lines of businesses and reporting to Executive Management, the Executive Risk Committee, and the Board of Directors. Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.