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Operational Risk Management

Phaxis
New York, NY Contractor
POSTED ON 1/8/2025 CLOSED ON 2/8/2025

What are the responsibilities and job description for the Operational Risk Management position at Phaxis?

We are currently seeking a Operational Risk Associate for our financial services client in NYC


Please note: this role is hybrid.


Responsibilities

  • Assist with the identification, measurement, and management of risks through the execution of a risk framework
  • Facilitate the Risk and Control Self-Assessment ("RCSA") Program
  • Coordinate and manage the resolution of operational risk incidents.
  • Establish process for Key Risk Indicator population across the bank.
  • Provide senior management with information to assess the current risks in their business and forecast the risks of their company through taxonomy driven analytics.
  • Assist with adopting a continuous improvement mindset in the embedding of operational excellence principles.
  • Coordinate and collaborate, while building strong relationships, with Audit, Compliance, Operations, IT, Business Lines, and others as appropriate.
  • Create, maintain and administer a sustainable framework for efficient and effective Operational Risk reporting across relevant Executives and Committees


Qualifications

  • 2 years of experience in operational risk or enterprise risk within financial services (banking)
  • Strong technical and analytical skills
  • Excellent interpersonal and communication skills - verbal and written
  • Vast knowledge of Operational Risk Frameworks

Salary : $40 - $45

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