About the role
AI summarisedThe Vice President, Regional Risk and Control Specialist is a senior individual contributor in the first line of defense within Group Consumer Banking Wealth Manager Operations (CBWMO) at a global bank. The role is responsible for driving the operational risk agenda across wealth management and brokerage operations, ensuring adherence to risk appetite and regulatory requirements through robust governance, risk identification, and control effectiveness.
BusinessFull-timeGeneral
Key Responsibilities
- Accountable for driving the CBWMO Operational Risk agenda through robust governance, effective challenge, and disciplined issue management, ensuring adherence to the organisation's risk appetite and regulatory requirements, with a direct impact on scorecard outcomes, while promoting a positive risk culture.
- Proactively engages stakeholders, directly contributing to risk identification, assessment, and mitigation activities across Wealth Management Operations and Brokerage Operations to enhance operational resilience and risk management.
- Directly drive and manage policy and standard implementation with locations and senior stakeholders, interpreting requirements to specific operational contexts to ensure immediate adoption and compliance.
- Systematically understand and integrate new products or processes, emerging issues, and exceptions.
- Comprehensively perform risk identification, assessment, and mitigation activities for new and emerging risks, meticulously tracking these exposures to closure to align with the organization's overarching risk appetite.
- Maintain a consistent controls governance cadence across units by reviewing unit-reported assessments, issues, breaks and exceptions, and analysing datasets for anomalies and trend shifts using risk tools, challenge control design and operating effectiveness, and drive remediation to closure.
- Socialise and escalate critical issues through appropriate governance forums to prevent recurrence and assess whether controls are logically designed to mitigate the target risk.
- Champion and drive CBWMO's contributions to strategic operational risk initiatives whether Bankwide or within Operations.
- Drive RCSA (Risk & Control Self-Assessments) analysis, actions and outcomes.
- Manage and track progress against scorecard deliverables for various operational risk initiatives, proactively raising alerts for potential misses.
Requirements
- Proven experience in operational risk management within banking or financial services, preferably in wealth management or brokerage operations.
- Strong understanding of risk management frameworks, including RCSA, risk identification, assessment, and mitigation.
- Experience in implementing policies and standards across multiple locations and with senior stakeholders.
- Ability to analyze datasets for anomalies and trend shifts using risk tools.
- Excellent stakeholder management and communication skills.
- Strong governance and control design experience.
- Ability to drive strategic initiatives and manage projects to completion.
- Knowledge of regulatory requirements relevant to consumer banking wealth management.
- Experience in driving risk culture and behaviors.
- Bachelor's degree in finance, business, risk management, or related field.
- Professional certifications such as FRM, PRM, or equivalent preferred.