Avp, Operational Risk Avp, Operational Risk …

CIT Group
in Pasadena, CA, United States
Permanent, Full time
Be the first to apply
CIT Group
in Pasadena, CA, United States
Permanent, Full time
Be the first to apply
Avp, Operational Risk
Please Enable Cookies to Continue Please enable cookies in your browser to experience all the personalized features of this site, including the ability to apply for a job. Returning Candidate? AVP, Operational Risk Location US-CA-Pasadena Job ID 32559 # Positions 1 Job Family Risk Management - Operational Risk Type Full-Time Overview

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at .


The Assistant Vice President within Enterprise Operational Risk is responsible for providing support with the execution of the Operational Risk Management framework within the second line of defense. Enterprise Operational Risk reports into the Chief Risk Officer and in this role will work with a variety of key stakeholders throughout the business lines and corporate functions.

  • Provide guidance on the Operational Risk Management framework for front line units and key stakeholders'
  • Partner with management to identify applicable Key Risk Indicators and to coordinate root cause analysis, action plan development and implementation of needed updates
  • Perform ongoing monitoring of risks and controls and partners with the business to self-identify issues for tracking of issues and remediation plans
  • Preparation of Enterprise Risk Self-Assessments; including producing meeting presentations, co-facilitating workshops and documenting key risks, controls, issues and action plans to remediate control gaps
  • Assist with various framework components; including Event Data Collection, Enterprise Risk Self Assessments, Key Risk Indicators, Issue Management and Control Testing
  • Develop risk management reports for senior management
  • Coordinate with key stakeholders to develop meeting materials for the Operational Risk team and other governance bodies
  • Support risk convergence efforts across various groups with the objective to standardize various methodologies, standards and taxonomies
  • Facilitate, coordinate, and review risk documentation such as policies, procedures, etc
  • Participate in special projects as needed
  • Experience in risk management at the second or first line of defense
  • Strong project management skills, with the ability to manage several projects at once
  • Experience with risk mitigation techniques
  • Strong communication and interpersonal skills
  • Strong analytic skills and ability to develop solutions to complex problems
  • Strong teamwork and relationship building skills
  • Bachelor's Degree preferred
  • Conceptual understanding of banking/financial institution
  • Strong written and verbal communication skills
  • Highly motivated with organizational and time management skills
  • Detailed knowledge of Microsoft Office applications
  • Ability to function independently and as part of a team
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