Operational Risk Manager

  • Negotiable
  • Philadelphia, PA, USA
  • Permanent, Full time
  • Michael Page International - US
  • 23 Feb 19

Operational Risk with the implementation of the Operational Risk Management Framework, with a specific focus on risk analysis and RCSA Framework

A large international financial services firm in the downtown Philadelphia area.


  • Aggregating and analysing risk events reported by the business units into the Basel 2 categories.
  • Performing a monthly reconciliation between the risk events reported to Risk Management, Finance and Forensic departments.
  • Performing root cause analyses on identified risk events to recommend improvements to prevent these risk events from re-occurring in future.
  • Assisting the Principal Risk Owners and Principal Risk Coordinators with the identification of key risk indicators in their business units.
  • Monitoring the implementation of action plans to address medium and red key risk indicators reported monthly to Risk Management.
  • Analysing identified trends in the key risk indicators reported to Risk Management


  • Strong programming and database skills, including proficiency in Access or Excel VBA programming and SQL database.
  • Experience with BI tools such as SSRS and WebFocus desired but not required.
  • Ability to work as a liaison between Risk Management and IT Teams in. Software Development Life Cycle understanding is a plus.
  • Knowledge and understanding of Control Frameworks (e.g., COBIT, COSO).
  • Demonstrated ability in discussing a broad range of business issues in the context of operational risk (i.e. Control Risk, Processing Risk, Unauthorized Activity Risk, Information Technology Risk, etc.).
  • Strong understanding of asset management operational processes and investment types (e.g., fixed income, equities, currencies, derivatives, trade life cycle, client service, etc.).

Job Offer

A competitive base salary with industry leading benefits