What are the responsibilities and job description for the VP, Operational Risk - Issues Management & New Activities Risk position at Madison-Davis, LLC?
Office Status: Hybrid
Salary: $170,000 - $185,000
• Develop, execute and enhance of the following Branch-wide operational risk programs: Operational Risk Issues management and New Activities Risk Management
• Ensure the effective implementation of the Branch’s operational risk programs through training, awareness and monitoring
• Promote sound operational risk culture across the Branch by supporting and providing oversight to the first line of defense through various operational risk management programs
• Ensure a timely and efficient remediation plan is developed for operational risk management framework issues, and oversee the implementation of rectification
• Support with the execution of the RCSA program as an Operational Risk Issues management and New Activities Risk Management subject matter expert
• Provide training, feedback and professional development opportunities to all team members
• Execute and ensure adherence to all policies and procedures impacting Operational Risk Management
• Support with the execution of department strategic objectives
• Aggregate operational risk profile utilizing the appropriate methodology
• Ensure ongoing communication of risk initiatives to the relevant committees
• Respond to regulatory inquiries related to operational risk management
Salary : $170,000 - $185,000
