Operational Risk Consultant

New York, New York Temporary USD50 - USD70 per hour Hybrid working
  • Client will move quickly qualified candidates
  • Opportunity to join one of the top 10 largest banks in the world

About Our Client

One of the largest and most established foreign banking institutions in NYC.

Job Description

  • Assist in developing, executing, and enhancing Branch-wide operational risk programs, including risk and controls assessment, process library management, risk and controls taxonomy, and controls testing. Experience with control testing from 1st, 2nd, or 3rd line perspective, ideally from 2nd line review & challenge, and RCSA Assessment review & challenge is essential.

  • Support the execution of operational risk management processes to identify, measure, monitor, manage, and report risks using approved methodologies and a systematic approach.

  • Promote a sound operational risk culture across the Branch by providing oversight and support to the first line of defense through various operational risk management programs.

  • Ensure the effective implementation of the Branch's operational risk programs through training, awareness initiatives, and ongoing monitoring.

  • Review and approve risk assessments conducted by both First Line Units (FLUs) and Independent Risk Management (IRM) teams.

  • Review operational risk reports and provide guidance for identified deficiencies to enhance risk management practices.

  • Review, update, and maintain all related policies and procedures to ensure alignment with regulatory requirements and industry best practices.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

At least 10+ years of banking in operational risk management area required, concentrating in RACA (RCSA) or ERM risk assessment area.

- Experience in working with risk assessment programs that include control assessment and testing such as RCSA, SOX, Audit or consulting experience

- Experience in writing control description, designing controls and control testing

- A Bachelor's degree or above

- CFA/CPA/FRM/MBA preferred but not required

- Bilingual in Chinese and English would be welcome

What's on Offer

My client is offering a competitive compensation package. Must be authorized to work in the United States.

Thomas Falus
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Job summary

Banking & Financial Services
Sub Sector
Risk Management
Financial Services
New York
Contract Type
Consultant name
Thomas Falus
Job Reference
Job Nature
Hybrid working