Assistant Vice President, Operational Risk Management
$115,000–$135,000 year
On-site · Chicago, Illinois, United States
Job Summary
The Assistant Vice President, Operational Risk Management will oversee the development and implementation of initiatives and tasks for the Vendor Risk Management (VRM) and Business Continuity Management (BCM) programs. Key responsibilities include guiding the implementation of the VRM framework, managing the central vendor repository, developing VRM and BCM-related reporting, facilitating VRM training, and liaising with third-party vendors. The role requires strong project management skills, excellent verbal and written communication skills, and the ability to analyze operational risks. Candidates should possess a Bachelor’s degree and at least five years of risk management experience.
Required Qualifications
- Bachelor’s Degree in relevant field
- 5+ years of experience in financial services risk management
- Experience or detailed knowledge of third-party risk management
- Appropriate knowledge of financial services industry practices
- Understanding and experience with operational loss causes, measures and mitigation strategies
- Experience analyzing excel reports
- Experience working with Governance, Risk and Compliance (GRC) tools
Desired Qualifications
- Operational Risk Management Certificate
- Certified Third Party Risk Management Professional (C3PRMP)
- Certified Internal Auditor (CIA)
- Financial Risk Manager (FRM) Designation
- Project Management (PMP)
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