operational risk manager

‏Inclusive Financial Solutions

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 Role Description
 
 
 
 
 
 This is a full-time hybrid role for a Risk Manager based in the Riyadh region, with some remote work flexibility. The Risk Manager will oversee risk management strategies, assess potential risks, implement mitigation plans, and ensure compliance with regulatory frameworks. Key responsibilities include identifying and evaluating financial, operational, and compliance risks, developing risk policies, monitoring risk exposure, and providing recommendations to enhance organizational resilience.
 
 
 
 
 
 
 
 
 Qualifications
 
 
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 Risk Assessment and Management: Strong analytical skills in assessing, monitoring, and mitigating risks, along with experience in creating risk management frameworks and policies.
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 Compliance and Regulatory Knowledge: Expertise in compliance with financial regulations, familiarity with industry standards, and experience with the regulatory requirements of the Saudi Central Bank.
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 Analytical and Problem-Solving Skills: Proficiency in identifying potential risks and implementing effective solutions.
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 Communication and Interpersonal Skills: Ability to communicate complex topics clearly and effectively, collaborate with stakeholders, and present findings to cross-functional teams.
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 Advanced experience with financial modeling and data analysis tools is a plus.
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 Bachelor&rsquo;s degree in Risk Management, Finance, Business Administration, or a related field; advanced certifications such as FRM (Financial Risk Manager) are advantageous.
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 Proven ability to work independently and adapt to a hybrid work environment.
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 </ul>
 
 
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Risk Manager

KPMG India

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 Job Description
 
 
 
 
 About KPMG in India
 
 
 
 
 KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.
 
 
 
 
 KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.
 
 
 
 
 Job Title: Assistant Manager
 
 
 
 
 Location:
 
 Mumbai
 
 
 
 Department:
 
 Financial Risk Management
 
 
 
 Job Type:
 
 Full-Time
 
 
 
 Position Overview
 
 
 
 We are seeking an experienced Operational Risk profile with a background in banking or financial services. The ideal candidate will possess professional qualifications such as CA, CWA, or an MBA, coupled with 3 to 7 years of experience in operational risk management.
 
 
 
 Key Responsibilities
 
 
 
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 Operational Risk Framework Development:
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 Design and implement comprehensive operational risk frameworks including policies and governance structures.
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 Develop and maintain Risk and Control Self-Assessment (RCSA) frameworks.
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 Risk and Control Analysis:
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 Conduct thorough risk identification from processes and evaluate their respective controls.
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 Assess the design and effectiveness of existing controls, focusing on inherent risks, control assessments, and residual risk.
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 Key Risk Indicators (KRIs) Management:
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 Identify and establish KRIs, and design appropriate thresholds to manage operational risks effectively.
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 Monitor, report, and analyze KRIs to ensure alignment with the organization's risk appetite.
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 Regulatory Compliance:
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 Stay informed about regulatory requirements applicable to banks and financial institutions.
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 Ensure compliance with relevant regulations, ensuring organizational adherence to governance standards.
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 </ul>
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 Operational Loss Incident Management:
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 Develop and enhance operational loss incident management frameworks.
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 Analyze operational risk incidents and monitor external incidents for potential impact on the organization.
 
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 </ul>
 </ul>
 
 Qualifications
 
 
 
 <ul>
 <li>
 CA, CWA, or MBA with 3 to 7 years of experience in operational risk management in the banking or financial services sector.
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 In-depth understanding of operational risk management principles, including risk identification, control assessment, and residual risk analysis.
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 Strong experience in developing and implementing risk frameworks and KRIs.
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 Knowledge of regulatory requirements specific to banking and financial services.
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 Excellent analytical, communication, and problem-solving skills.
 
 
 
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 </ul>
 
 
 
 Equal employment opportunity information
 
 
 KPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India values diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.
 
 
 
 
 Qualifications
 
 
 
 CA/CWA/MBA
</div>

Assistant Manager - Operation Risk

City National Bank

OPERATIONAL RISK FRAUD OVERSIGHT MANAGER II WHAT IS THE OPPORTUNITY? Operational Risk Management (ORM) is responsible for providing independent and objective oversight of the management of risks arising from City National Bank's business processes, people, systems or external events. Working with the Enterprise Risk Manager for Fraud and Payment Systems, the Fraud Manager II will contribute to the ongoing review and monitoring of operational risk programs executed by assigned 1LOD business or corporate unit(s), including Risk and Control Assessments, Control Management Activities, Key Risk Indicators, Operational Risk Events, Issue Management, Scenario Analysis, Risk Appetite, Products and aggregating and reporting of operational risk information to the Management Risk Committee, Risk Committee of the Board and RBC. The Fraud Manager II is responsible for providing advisory and oversight for Fraud within ORM, with a particular focus on strengthening operational risk management efforts to support decision-making. This position provides an excellent opportunity to strengthen the operational risk management framework, which includes risk identification and assessment; risk measurement; risk controls; and risk monitoring and reporting to improve operational resilience. WHAT WILL YOU DO? All responsibilities are related to Fraud: <ul><li>Work collaboratively with assigned business or corporate unit(s) to embed an understanding of the risk profile and risk appetite of the bank.</li><li>Review and challenge operational risk practices against CNB operational risk framework and policies, including but not limited to 1LOD output of risk identification assessments and scenario analysis, Risk and Control Self Assessments (RCSA's), Key Risk Indicators (KRI's), material existing and emerging exposures, Operational Risk Events (ORE) reporting, and issue resolution.</li><li>Understand material existing and emerging risks which align with assigned business or corporate unit(s) to ensure operation within risk appetite and fair representation of the operational risk profile</li><li>Review, challenge and monitor 1LOD risk appetite and key indicators, and their performance to risk appetite levels</li><li>Review and challenge whether 1LOD strategic priorities sufficiently consider the full spectrum of risks, and whether all risks have been adequately assessed across all strategic priorities</li><li>Provide advisory, oversight, and challenge to 1LOD development and implementation of business processes, procedures, and controls to adhere to operational risk governance requirements</li><li>Review and challenge 1LOD risk acceptances and new business initiatives</li><li>Credibly challenge 1LOD risk monitoring and reporting and related protocols, in conjunction with risk type teams, including metric trigger explanations and associated action plans</li><li>Review and challenge 1LOD annual testing and monitoring plans, the adequacy of control management activities and assessment results, and risk mitigation strategies to address gaps in control design or operating effectiveness</li><li>Review and challenge regulatory remediation activities in assigned coverage areas to ensure operational risk exposures associated with known control deficiencies are addressed. This includes providing oversight and challenge throughout the Issue Management Lifecycle, which may include issue details; root cause analysis; action plan; material issue changes; management's completion of the required and/or committed corrective actions with supporting evidence; control management activities; and sustainability.</li><li>Review and challenge self-identified issues and escalation in assigned coverage areas, including challenge of issue ratings, corrective action plans, due date extensions, and thematic issues in accordance with the CNB Issue Management Policy</li><li>Influence and monitor progress of action plans to improve the risk and control environment arising from risk assessments, risk monitoring, internal and external events, and regulatory exams</li><li>Exhibit high attention to details in identifying, aggregating, and communicating issues and control gaps to appropriate stakeholders</li><li>Lead with the preparation of status reports, key metrics and other ORM reporting information as requested by management, the Risk Committee or RBC.</li><li>Contribute to ad-hoc assignments/special projects</li><li>Maintain awareness of current regulatory/industry trends impacting the Bank's operational risk management program or practices.</li><li>Maintain familiarity of, and technical expertise with, business unit(s) organizational structure, personnel, activities and products, new product development, financial performance, and risk and problem areas</li><li>Act as an internal advisor to business and corporate units regarding the ORM framework, policies and procedures.</li><li>Support and facilitate audit and regulatory exam activities</li><li>Build effective relationships, alliances, and strategic partnerships across CNB and RBC to help deliver results and to ensure opportunities are identified, analyzed, and managed appropriately. Understand interdependencies to achieve success.</li><li>Build and grow risk talent through mentoring, coaching, and training</li></ul> WHAT DO YOU NEED TO SUCCEED? Required Qualifications <ul><li>Bachelor's Degree or equivalent</li><li>Minimum 10 years of experience in the financial services industry</li><li>Minimum 7 years of experience in risk management, operational risk management, compliance, or audit</li><li>Minimum 5 years of control assessment and validation experience</li></ul> Additional Qualifications<ul><li>Bachelor's degree or higher and other professional qualifications such as CPA, CIA, etc.</li><li>Knowledge of OCC rules and regulations (i.e. heightened standards for Large Financial Institutions)</li><li>Strong understanding of three lines of defense risk management structure and requirements</li><li>Strong understanding of Risk Management/Operational Risk Management</li><li>Strong knowledge of internal control management practices and testing methodology with proven experience in controls management design and/or execution</li><li>Strong knowledge of issue management practices with proven experience in issue resolution</li><li>Ability to handle complexity and ambiguity</li><li>Ability to deal effectively with conflict</li><li>Well-developed influencing skills</li><li>Strong interpersonal, verbal, and written communication skills</li><li>Demonstrated ability to think critically and facilitate change through collaborative effort.</li><li>Self-motivation, discipline, task focus, the ability to structure and present work and a proven record of delivering high quality results within strict deadlines.</li><li>Ability to multitask and prioritize several concurrent initiatives</li><li>Ability to work in a matrix environment</li></ul> WHAT'S IN IT FOR YOU? Compensation Starting base salary: $99,000 - $176,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:<ul><li>Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date</li><li>Generous 401(k) company matching contribution</li><li>Career Development through Tuition Reimbursement and other internal upskilling and training resources</li><li>Valued Time Away benefits including vacation, sick and volunteer time</li><li>Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs</li><li>Career Mobility support from a dedicated recruitment team</li><li>Colleague Resource Groups to support networking and community engagement</li></ul> Get a more detailed look at our Benefits and Perks. ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us. INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. accepts applications on an ongoing basis, until filled. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.

Operational Risk Fraud Oversight Manager II

Vanguard

Head of Operational Risk, Investment Management 2 days ago - Be among the first 25 applicants. About Vanguard More than 45 years ago, John C. Bogle had a vision to start an investment company that did things differently - a company with no external shareholders, where all profits were invested back into the business to lower costs. Today, Vanguard is one of the world's largest investment management companies, serving over 50 million investors worldwide. For more than 25 years Vanguard Australia has supported individual investors, financial advisers, and superannuation members to achieve their long term financial goals. Opportunity The Head of Cross Asset Risk manages and oversees the design, development, and implementation of investment operational risk management systems and strategies. Provides investment operational risk management expertise and analysis across global funds. What you'll do: <ul> <li>Lead and inspire a high performing team, fostering growth, collaboration and continuous learning. </li> <li>Design and implement robust operational risk frameworks that support global investment activities and drive process improvements. </li> <li>Deliver insights through analysis of incident data, risk and control assessments to inform strategic decision making. </li> <li>Engage and influence stakeholders across the business, representing the risk function with clarity and confidence. </li> </ul> What you'll bring: <ul> <li>10+ years of relevant experience, including leadership in investment and operational risk roles. </li> <li>A strong understanding of investment management processes and risk management frameworks. </li> <li>A collaborative mindset and commitment to inclusive leadership. </li> <li>A degree in a related field; postgraduate qualifications are a plus. </li> </ul> Inclusion Statement Vanguard's continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew and communities is guided by one simple statement: "Do the right thing." We believe that building diverse, inclusive and highly effective teams benefits our clients, our crew and our society. All crew members feel valued and included, and we are united in delivering on Vanguard's core purpose: to take a stand for all investors, treat them fairly and give them the best chance for investment success. How We Work Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in person learning, collaboration and connection. We believe our mission driven and highly collaborative culture is a critical enabler to support long term client outcomes and enrich the employee experience. Seniority level: Director Employment type: Full time Job function: Finance and Sales

Head of Operational Risk, Investment Management

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Risk Manager

Assistant Manager - Operation Risk

Operational Risk Fraud Oversight Manager II

Operational Risk Fraud Oversight Manager II

Operational Risk Fraud Oversight Manager II

Operational Risk Fraud Oversight Manager II

Head of Operational Risk, Investment Management