Robert Half Financial Services is recruiting for a Risk Manager role for a boutique International Bank located in midtown Manhattan, New York. Our client requires 10+ years of Operational Risk, Controls and Regulatory Compliance experience at an International Corporate Bank. The position is a standalone role working closely with Operations and Compliance, requiring knowledge of operational risk methodology, control frameworks, and regulatory banking compliance (OCC ideally, FED/FRB, DFS also acceptable). This role is hybrid remote requiring 3 days per week (but may increase) in the midtown Manhattan New York office.
Responsibilities:
• Recommend, develop, implement and manage risk initiatives for existing and new products/services in line with Group and regulatory requirements
• Coordinate Operational Risk monitoring including Key Risk Indicators (KRIs), Risk and Controls Self-Assessments (RCSAs), Branch policies and procedures and incident reporting under Group Risk Management
• Coordinate, manage and respond to internal audit and regulatory compliance reviews and inquiries, and manage any remediation necessary
• Ensure that all open internal and regulatory items are addressed and closed on or before deadlines
• Work with business and Support Unit Managers and staff to provide complete and accurate materials to internal auditors and regulatory examiners on time and monitor implementation of recommendations
• Monitor changes and updates to regulatory laws, regulations and ensure timely changes / updates to Policies and Procedures to ensure compliance
• Manage middle office risk control activities including limit monitoring, loan review checklist, Nostro reconciliations, GL account setup
• Provide oversight to the Regulatory Compliance and Information Security units to ensure adequate systems, reporting and controls, in alignment with Group standards
• Secretary of Risk Committee and Retirement Committee, member of Executive, AML Compliance, ALCO and ALLL committees
• Completion of tasks and projects as required and specified by the General Manager
Requirements:
- 10+ years of Operational Risk, Controls and Regulatory Compliance experience at an International Corporate Bank
- Knowledge of risk management framework and objectives (e.g. risk appetite, risk/material risk identification, risk measurement, policy development, data governance, committee governance)
- Knowledge of Regulatory Banking Compliance (OCC ideally, FED/FRB, DFS also acceptable)
- Knowledge of Archer Operational Risk Management system is advantageous
- Bachelor Degree in Finance or related subject. Masters in Law or a JD advantageous
This Risk Manager role is located in midtown Manhattan New York so please only apply if you are able to travel to this location, have relevant experience for the role, and are eligible to work in the United States. The salary is dependent on experience, an initial range is $180-200k base plus 25-30% target bonus. If your profile matches the above criteria, please email me directly and add me on LinkedIn [email protected]
