Director of Operational Risk

Anza Mortgage Insurance Corporation is empowering homeownership through credit risk protection.

Our Mission

Our mission is to empower homeownership by mitigating credit risk through mortgage insurance. We strive to leverage technology and operational excellence to deliver exceptional service to our lender and servicer partners, offer reliable and secure capital support for our insureds, generate leading returns for our shareholders, and foster a fulfilling, rewarding environment for our team members.

Technology Forward

We differentiate ourselves by designing, architecting, and developing our operating systems in-house. This unique approach creates a platform tailored to the needs of today's housing market. It positions us to achieve unparalleled processing efficiency and adaptability to changing industry standards and customer demands. Fundamentally, we are a process optimization company that harnesses technology to revolutionize the mortgage insurance experience and fulfill our mission.

Customer Centric

We dedicate ourselves to provide competitive pricing tailored to risk profiles. Our commitment to our partners goes beyond pricing and product offerings. We prioritize a customer-centric approach focused on meeting customer needs and enhancing their experience. This approach is underpinned by transparency throughout the process and prompt issue resolution.

Risk Management Excellence

Risk Management is our foundation. Our risk management framework uses advanced technology, innovative strategies, and modern modeling techniques to manage risks ranging from credit risk to information security risk. Our customers and partners can rely on us to handle their information with the utmost care and responsibility. Our dedication to risk management is designed to reassure our partners about our stability and reliability.

About the role

The Director of Operational Risk will be responsible for developing, implementing, and managing the operational risk framework across the organization. This role requires a strategic thinker with strong leadership skills to ensure the company's operations are resilient and compliant with regulatory requirements.

More specifically we are a denovo Mortgage Insurance Company and the person in this role will be responsible for managing counterparty communications as well as counterparty risk review and monitoring. This role will also focus on counterpary performance analytics and reporting, Agency guideline management, guideline setting and training, and Agency reporting.

What you'll do

Risk Management Framework: Develop and maintain a comprehensive operational risk management framework, including policies, procedures, and risk assessment methodologies.

Risk Identification and Assessment: Identify, assess, and monitor operational risks across all business units, ensuring timely mitigation strategies are in place.

Incident Management: Oversee the investigation and resolution of operational risk incidents, ensuring root cause analysis and corrective actions are implemented.

Regulatory Compliance: Ensure compliance with all relevant regulatory requirements and industry standards, maintaining up-to-date knowledge of changes and trends.

Reporting: Prepare and present regular risk reports to senior management and the board of directors, highlighting key risk exposures and mitigation efforts.

Training and Awareness: Develop and deliver training programs to enhance risk awareness and promote a risk-aware culture within the organization.

Collaboration: Work closely with other departments, including IT, Legal, Compliance, and Internal Audit, to ensure a cohesive approach to risk management.

Continuous Improvement: Identify opportunities for process improvements and implement best practices to enhance the effectiveness of the operational risk management program.

Qualifications

Bachelor's degree in Finance, Business Administration, Risk Management, or a related field.

Minimum of 10 years of experience in operational risk management, preferably within the financial services or mortgage insurance industry.

Minimum skills

• Strong analytical and problem-solving skills.
• Excellent communication and presentation abilities.
• Proven leadership and team management experience.
• In-depth knowledge of regulatory requirements and industry best practices.
• Ability to work effectively in a fast-paced, dynamic environment.

Job Type: Full-time

Pay: $220,000.00 - $260,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Health savings account
• Paid parental leave
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Work Location: In person

Salary : $220,000 - $260,000