Senior Manager driving enterprise risk for Transport for NSW, focusing on risk maturity and culture improvements. Leading a high - performing team and influencing executive decision - making in a complex organization.
About the role
- Vice President overseeing Operational Risk with a focus on operational risk management and compliance for Wealth Services at BNY. Providing independent oversight and guidance to ensure risk mitigation and strategic alignment.
Responsibilities
- Responsible for the second line of defense on-going independent oversight, challenge and advice on day-to-day operational risk management with special focus on the Wealth Services Platform.
- Oversee and support execution of the Operational Risk Management Framework by the Platform to facilitate the identification, assessment and mitigation of risk arising from people, process, systems and external events.
- Provide ongoing coaching and advice to the Platform on current and emerging risk related matters.
- Oversee and monitor the overall Platform Risk and Control Self-Assessment including guidance, challenge and approval for risk acceptance, action closure, manual processes and formally concurring to the RCSA accuracy annually.
- Partner with the Platform to identify significant risk and control weaknesses through the creation of likely scenarios, stress/scale testing, process review, control design review and other risk deep dives.
- Provide input, oversight and challenge to the Platform Scenario Analysis.
- Review, challenge and approve new and change related client, jurisdiction, product and processes such as Business Process Change.
- Oversee, challenge and monitor Operational Risk Events (ORE) and Operational Risk Limits (ORL) to identify trends, identify root causes and ensure appropriate remediation actions to address control gaps and ensure that the Platform adheres to its Risk Appetite.
- Escalate identified Issues; oversee, challenge and monitor Issues to identify trends, root cause and verification/approval of suitably completed remediation plan for closure of Issues.
- Provide input and challenge on reporting for Risk, Control and Legal Entity.
- Leverage Operational Risk reporting and analytics to aid oversight, analysis and management information.
- Contribute to the achievement of the Platform Objectives and Key Results and regulatory deliverables.
Requirements
- Bachelor’s degree or equivalent education required.
- Experience in Operational Risk Management or a similar oversight role required.
- 5-7 years of total work experience preferred.
- Solid analytical and problem-solving skills.
- Solid interpersonal and teamwork skills.
- Data analytics skills/experience preferred.
Benefits
- Health insurance
- 401(k) matching
- Paid leaves
- Generous paid volunteer time
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