• Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Commonwealth Bank of Australia
  • 25 Sep 17

Operational Risk Manager, Americas

Operational Risk Manager, Americas

Job no: 990453
Work type: Permanent full time
Location: New York
Categories: Risk Management & Compliance

Operational Risk Manager, Americas

New York

Your Team

Operational Risk provides independent Operational Risk management services across the Institutional & Business Banking (I&BB) businesses.

Your Impact

To support sustainable business growth across Institutional & Business Banking (I&BB) through optimal risk/reward decisions and assurance on key controls. This role has a specific relationship with the New York and Houston teams.

This includes:
  • Being a trusted adviser on Operational Risk matters
  • Being an efficient and effective second layer of assurance
  • Supporting and enhancing a risk/reward culture across Institutional & Business Banking (I&BB)


Your Responsibilities

This role has a focused accountability for the IB&M Americas business and will require close liaison with I&BB Operational Risk colleagues in Institutional Banking & Markets (IB&M) in regional offices and head office. It may involve international travel .

You will more specifically be required to:
  • Maintain the Operational Risk Framework
  • Champion a strong risk culture and the ownership of risk management
  • Develop jurisdictional Operational Risk policies that comply with both CBA Group and local regulatory requirements
  • Perform second layer assurance on key controls
  • Facilitate loss incident management, root cause analysis, and assist with control improvement
  • Be involved in Key Risk Indicator (KRI) activities
  • Perform deep dive reviews on control efficiency and effectiveness
  • Assist in the delivery of education/training


Your Skills

In order to be successful for this role, you will demonstrate:
  • Institutional banking and financial markets product and process experience
  • Strong technical skills & knowledge base in Operational Risk Management (Line 2) or Compliance related activities / functions
  • 4 years' experience in operational risk roles with 6 years overall experience in financial institutions
  • Strong knowledge of Americas regulatory requirements
  • Professional services/consulting/audit experience is highly desirable
  • Tertiary qualification in risk/finance/quantification field - essential
  • Relevant professional qualification (e.g. FINSIA, PRMIA or GARP) or studying towards it - desirable

Your Development

Whether you want to move across the organisation or up into a leadership role, the way you live the values and demonstrate the people capabilities are key. Use the capabilities required for this role as a guide to the critical skills and behaviours you will need to support your next move.

Advertised: 23 Aug 2017 Eastern Daylight Time
Applications close: 30 Sep 2017 Eastern Daylight Time

It's our people's talent, initiative, ideas and energy that help us achieve great things, together.