Risk Management-Operational Risk-VP
Dynamics Associates - New York, NY

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Title: Operational Risk VP
Department: Risk Management

Overall Purpose of Job:
•Assist the ORMD Management Team in managing the execution of the Control Self-Assessment (CSA) Framework.

•Supervise the coordination of the execution of the businesses’ CSAs, integrate local CSA results with the Head Office GCSA framework, and provide training on CSA and internal controls to manage business risks.

•Report the results to senior management, track outstanding control weaknesses and follow up on the action plans identified in each CSA.

•Supervise the execution of the Payment System Risk (PSR) Assessment, Regulatory Assessments, and business targeted reviews. Participate in the evaluation of risk and controls issues in the Bank, report relevant findings to management, and maintain documentation of policies and procedures.

•Assist in managing the execution of the Control Self-Assessment for all businesses within, including risk assessment and CSA plan for the firm.

•Provide training to business units on CSA framework.

•Provide consultation to businesses/departments throughout the entire CSA process.

•Consolidate CSA for approval by Executive Management. Communicate and report to Head Office as required.

•Coordinate and integrate the results of the CSA with the Head Office GCSA framework, consolidate the results for the Audit team and report the results to Head Office.

•Supervise the execution of the Bank’s PSR assessment process and ensure that it meets the Bank’s PSR policy requirements.

•Develop regulatory assessment programs and coordinate with businesses to provide their assessments of the control environment.

•Perform internal control targeted reviews of various business units.

•Develop adequate policies and procedures for CSA Framework and PSR assessment processes.

Requirements and Qualifications:
Qualifications:
•5- 7 years’ experience in Control Assurance, Risk Management and Project Management (Knowledge of CSA).

•Good understanding of internal control evaluations and risk based control assessment for banks.

•Strong MS Access/Excel skills, SQL a plus.

•Excellent verbal and written skills.

•Strong interpersonal and communication skills.

Dynamics Associates - 22 months ago - save job - copy to clipboard