Operational Risk (Risk Management)

Job Description

*This opportunity includes working within a team of professionals to validate core FRM processes. The candidate should have strong familiarity with process design and assessment, the various Banking, Financial Holding Company and Basel regulations and the ability and desire to work within a moderate sized team. The selected individual will require working closely with teams at all levels of the organization, including frequent communication with various stakeholders globally, as well as collaboration with teammates in based in New York, Baltimore, and Budapest. In additional to perform process and data validation, the individual will be responsible for managing the local team in Mumbai and ensuring timely delivery of the book of work and collaboration with the global team. The individual will be required to help establish RPVG s footprint in Mumbai as key contributor to global efforts. Specific responsibilities would include but are not limited to: Perform independent validations of select Risk processes, including interpretation of FRB and Basel relevant regulations and implementation thereof where appropriate; Perform independent data tracing and transaction testing of underlying data supporting internal Management and external Regulatory Reporting produced by FRM Manage direct reports in Mumbai as well as assist in the oversight of the broader team, which spans three regions (NYC, Budapest and Baltimore) Maintain clear and consistent communication across regions to ensure timely completion of deliverables, potentially across multiple validation workstreams Planning and support the execution of CCAR and FR Y-14Q validation program across the team Assist in annual planning, management of scope inventory, and identification of key emerging risks as part of groups evolving mandate Contribute to the broader advancement of the program through exploring new technologies and methods of validation (robotics, AI, data analytics, etc.) Support execution of governance, risk assessment, process review and validation, monitoring and reporting and technology strategy; Leverage testing observations to contribute to improving the team s validation methodology and execution capabilities; Interface with key stakeholders, governing bodies and business partners to discuss the status of the validation work, results of test work, and quarterly reporting; Partner with Model Validation and Regulatory Reporting teams to support a unified validation program end-to-end., *Qualifications: 8+ years of financial services experience Experience with core banking, investment and trading products, regulations and typologies; Strong risk, process and control validation/testing and/or assessment skills Strong familiarity with risk management framework and different risk stripes (e.g. Operational, Market, Credit, Liquidity, Model risk) A prior role within consulting or internal audit covering risk processes is preferable; A prior role or experience with Risk Management, Stress Testing, Capital Planning, and/or Regulatory Reporting preferable Strong technical understanding of the financial services regulatory environment, with a focus on Basel principles as it relates to Capital and Federal Reserve Capital Planning capital (CCAR/stress testing) requirements and practices; Strong project management skills and ability to provide oversight across regions; Prior management experience and experience coordinating with global team Desire to contribute to a dynamic team and bring strong leadership; Strong communication, analytic, risk management, and computing skills; Advanced Excel knowledge; experience working with large data sets including deconstructing data sets and/or their associated queries; knowledge of general IT controls; business analyst experience; Excellent communication skills, both verbal and written; ability to produce concise and effective presentations An undergraduate degree (B.A., B.S., or equivalent) required

Keyskills :
risk management frameworkit controlscore bankinginternal auditadvanced exceldata analyticsprocess designstress testingprocess reviewrisk managementrisk assessmentdata validationstatements of work sow