What are the responsibilities and job description for the Operational Risk Manager position at Houlihan Lokey, Inc.?
Business Unit : Accounting
Industry : No Industry
Overview
Houlihan Lokey, Inc. (NYSE : HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm's commitment to client success across its advisory services. The firm is the No. 1 investment bank for global M&A transactions under $1 billion, the No. 1 M&A advisor for the past eight consecutive years in the U.S., the No. 1 global restructuring advisor for the past nine consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by Refinitiv.
Scope
We are seeking a proactive and highly skilled Operational Risk Manager to join our team. This individual will play a pivotal role in assisting with the management of global operational risk initiatives. This includes actively overseeing third-party risk management, corporate insurance, procurement, and outsourcing, while also considering ways to mitigate other potential risks that could impact the organization's financial health, reputation, and operations on a global scale. This individual will also have the potential opportunity to help develop a formal Risk department at Houlihan Lokey.
The ideal candidate will possess a strong understanding of operational risk management principles, hands-on experience working with various risk frameworks, and a thorough knowledge of third-party risk and materiality assessments and corporate insurance strategies.
Responsibilities
- Third-Party Risk Management : Collaborate with internal teams to identify, assess, and mitigate risks associated with third-party relationships. Manage and improve newly developed policy and program. Ensure compliance with relevant regulations and industry standards, including but not limited to those relating to outsourcing and digital operational resilience.
- Corporate Insurance : Manage and optimize corporate insurance policies, including property & casualty, management & professional liability, and cyber. Work with brokers and corporate teams to review coverage, mitigate gaps, and ensure appropriate risk transfer.
- Compliance & Regulatory Monitoring : With the support of our global Legal & Compliance teams, take the lead role in ensuring adherence to relevant regulations and standards related to operational risk management, third-party vendors, outsourcing, digital operational resilience, and insurance coverage. Stay informed of any regulatory changes that may impact the company's risk posture.
- Incident Management & Response : Support the development of incident management protocols and assist in handling risk events, including crisis management, loss mitigation, and post-incident analysis.
- Collaboration & Training : Work closely with cross-functional teams such as Legal, Compliance, HR, IT, and Accounting to ensure consistent operational risk management practices. Conduct risk training sessions and workshops for employees at all levels to raise awareness of risk issues.
- Risk Reporting & Metrics : Develop and present risk dashboards and reports, providing insights into key risk metrics, trends, and the status of ongoing risk mitigation initiatives.
Requirements
operational risk management software and tools
Compensation and Benefits
Houlihan Lokey is committed to providing its employees with an exciting career opportunity and competitive total compensation package, which may include other components such as discretionary incentive compensation. The firm's good faith and reasonable estimate of the possible salary range for this role at the time of posting is :
100,000.00-$130,000.00
Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate's relevant qualifications, skills, and experience and the location where this position may be filled.
Houlihan Lokey provides a competitive benefits package. Our current benefits offerings can be found here :
2025 Benefits
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law.
Salary : $100,000 - $130,000
