Job Summary The Operational Risk Manager position is designed to provide a national, holistic approach to advise/assess on risk and compliance topics. This position focuses on risk mitigation through policy and procedure management, review and implementation of new regulations, coordination of audits and exam deliverables, and compliance training course review by position and tracking for completion. The individual will manage a small team of Operational Risk Analysts/Specialists in a given function to ensure that a comprehensive approach to risk mitigation is achieved. Provide management oversight of compliance, audit and regulatory reviews; Manage the Operational Risk team to ensure a comprehensive approach to risk mitigation and prevention is achieved; Provide a national, holistic approach to assess/ advise on risk and compliance topics; Typically supports a small to medium department Essential Duties and Responsibilities: * Manage a sustainable risk control testing program, ensuring all testing requirements are met and execute on a defined timeline. * Develop an Annual Testing Plan using a risk- based approach to include RCSA control testing, SOX and issue validations. * Manage issue validations on a defined schedule and provide aggregate results through formal reporting. * Drive change through the enhancement and execution of a strong testing/monitoring program and provide risk support/consulting for key partners. * Lead the strategy to execute control, compliance, and SOX testing requirements and create policies and procedures for consistent execution. * Create reporting to reflect the control environment for business decisions. * Establish strong relationships with business leaders, compliance, operations and other key stakeholders. Policy, Process, and Procedure Improvement * Coordinates the development and updating of all procedures and department process flows. * Makes policy recommendations. * Provides oversight in ensuring that processes and procedures align with regulatory, policy compliance and control mitigation for the business unit. * Coordinate/lead initiatives to ensure that risk mitigation controls are operating effectively and efficiently. * Manage the review of changes in company processes, standards and technology to ensure the effectiveness of security controls and meet compliance requirements. * Ensure the business unit follows the supplier management and third party risk policies and processes to maintain proper oversight and awareness of Supplier Risk, Contract Term Management and Compliance Control Testing Oversight * Assess new or changing regulatory requirements and the effect on department (s) to ensure all regulatory and compliance controls remain effective and current. * Measure against the appetite and the risk tolerance of the business unit and its processes. * Ensure all pending and unresolved compliance issues are appropriately tracked and closed. * Provides risk management, regulatory, compliance and technical advice and support for staff. * Provide guidance to the business unit on recommendations for remediation of control gaps. Committees and Projects * Participate in multiple industry forums to share, decipher and create solutions to address risk and compliance trends. * Provide recommendations and counsel to senior management to gain support for implementation of new strategies. * Primary point of contact for large to complex corporate and department projects representing department needs while ensuring adherence to corporate and/or department direction. Strategy * Responsible for creating a compliance and risk framework that develops, documents and maintains repeatable processes to determine, measure and report accurate view of significant current and future potential risks. * Provide a roadmap for ensuring Risk Control Self Assessments are being conducted along with remediation efforts to close any gaps. * Lead development and reporting of risk metrics, including Key Risk Indicators (KRIs). * Manage and develop a risk dashboard for the Business Unit, tracking risk assessment activities, remediation efforts, and consolidated risk metric reporting. Management Responsibilities * Manages department staff. * Provide coaching developments and training to ensure staff has the necessary skills and tools to be successful. * Perform all management activities including: performance management, staff development, and training. * Establishes appropriate PMPs and development plans for staff including career path discussions and recommendations. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled