Explore opportunities in risk management, a field experiencing steady growth across various sectors in the United States. Professionals in this area identify and evaluate potential risks, developing strategies to mitigate them and protect organizations from financial or operational losses. Risk management roles are available in finance, insurance, healthcare, and technology, reflecting the broad applicability of these skills.2,963 Risk Management jobs in the United States
Director, Operational Risk Management
Posted 2 days ago
Job Viewed
Job Description
If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer. Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work! Job Summary: The Director in the second line of defense (2LOD) ORM team reports to the Managing Director (MD) and supports the MD with the development and execution of the operational risk program.This role will be the primary point-of-contact for the oversight of operational risk related matters for multiple business units within Webster Financial Corporation.As the primary point-of-contact, this colleague is expected to partner with the First Line Control Officer function of the respective business unit to assist with, and in some cases review, risk & control self-assessments, operational risk events, risk metrics, issues (also known as control gap identification and mitigation), operational losses, and new activities.The Director helps to drive a control-oriented culture across the organization through their collaboration and partnership with colleagues in each line of defense. Job Responsibilities: Support the Managing Director of the Operational Risk Management team and acts as the primary point-of-contact for operational risk related matters for multiple business units. Review and provide feedback on risk & control self-assessment results from the first line of defense. The Director will analyze results, identify control weaknesses/gaps, and suggest actions to mitigate operational risk. Assist business units with the development of management-level operational risk metrics to monitor the operational risk profile of the respective business unit. Assist business units with the identification and analysis of operational risk events that may have resulted in an operational loss. Analyze operational loss reporting to identify themes, trends, and/or patterns. Encourage first line self-identification of control gaps. Partner with First Line Control Officers to develop action plans to resolve the control gaps. Monitor new activity (also known as new products and/or services) initiatives and provide appropriate second line review, assessment, and challenge. Collaborate with risk partners across the organization to promote a controls-oriented culture. Able to work on multiple projects/initiatives concurrently (e.g., committees, enterprise projects, risk reporting) to be able to understand the team’s strategic objectives and decision making for execution. Understand banking regulations, supervisory expectations, and industry trends for large financial institutions, as it relates to operational risk management. Participate, and in some cases manage ad-hoc projects and/or initiatives within the ORM team. Education, Experience and Skills: Bachelor's degree in related field required. At least 5 years of Risk or Audit related experience in financial institutions. At least 8 years of experience within the financial services industry. Strong knowledge of core Operational Risk Management programs including Risk and Control Self-Assessments, Operational Risk Event reporting and mitigation, Risk Metric reporting, Scenario Analysis, and Emerging Risks. Ability to manage change and effectively influence and consistently build strong lasting working relationships with stakeholders across all levels. Excellent written and verbal communication skills. Ability to express complex ideas using simple terminology. Excellent work ethic, accountability, integrity, high degree of autonomy and personal drive. Strong Excel and PowerPoint skills. Experience with industry leading GRC systems is a positive. The estimated hourly range for this position is $115,000 USD to $135,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation. #LI-JW1 All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. #J-18808-Ljbffr
Operational Risk Management Department - Operational Risk Governance AVP
Posted today
Job Viewed
Job Description
Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business. Overview The AVP is responsible for performing the Operational Risk (OR) Framework management. The purpose of this job specifically includes managing the OR framework, policy and procedure, while also analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office. Other responsibilities include but not limited to supporting the risk management governance of the department including: facilitate monthly ORC meetings, Q&A the meeting material and supporting documents; facilitate regulatory and audit meetings and affairs. Responsibilities Include but are not limited to: Risk aggregation and Reporting Collect operational risk related data from departments Q&A the data input and follow up with the departments if necessary Consolidate the data and complete risk aggregation and reporting to all executive committees Analyze the data input from teams and departments and consolidate the inputs to generate reports Work with different departments to prepare Operational Risk Related ERM report and ORM report Head Office reporting Governance Administrator of the Operational Risk Committee (ORC) Manage and maintain all ORD policies and procedures Facilitate meetings with regulators and provide materials requested by regulators Facilitate audit meetings and affairs Management Execute and ensure adherence to all policies and procedures impacting Operational Risk Management Ensure adherence to Branch policies and procedures Support with the execution of department strategic objectives Administration Asset Management, including Communication tools, asset / fixed asset purchase and maintenance Record Retention Management Ad Hoc requests Qualifications Bachelor’s degree is required 5 years of experience in the banking industry 2 years of experience in risk management Knowledge of operational or enterprise risk management concepts, framework, methods, andgood governance practices Bilingual abilities in both English and Chinese is required Pay Range Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications. USD $5,000.00 - USD 150,000.00 /Yr. #J-18808-Ljbffr
Operational Risk Management, Vice President
Posted today
Job Viewed
Job Description
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.
Overall, Purpose of Job: Reporting to the Director Corporate & Investment Banking and Operations Business Coverage Team, responsible for executing the second line of defense oversight and challenge program across all business activities managed in our Global Corporate and Investment Banking and Japanese Corporate Banking based business lines and our Enterprise Operations functions.
**Essential Functions**
1) Execute / support the Effective Challenge & Oversight Framework for assigned business coverage areas, including but not limited to:
+ Support deep dive reviews with the FLoD on significant risk events and operational losses
+ Identify with the FLoD applicable external losses and events for analysis and lessons learned
+ Participate as SLoD SME in business aligned scenario workshops
+ Participate in RCSA workshops and provide feedback in-line and post-execution to the FLoD
+ Analyze FLoD owned issues for common root causes, review issues per the Issue Management policies and standards and monitor resolution for assigned areas
+ Partner with FLoD to develop appropriate key metrics and monitor FLoD operational risk reporting and metrics for negative trends or escalation items
+ ORM SME reviewer for Product & Services risk assessments
2) Perform sample-based framework compliance testing (e,g, QA, testing or monitoring)
3) Support advisory services for high-priority change initiatives.
4) Support / execute SLoD ORM roles defined by Risk Governance Processes (e.g Risk ID, Strategic Planning review, LoB RAS review and challenge, etc.)
5) Production of periodic operational risk scorecards and reports that provide executive management a consolidated view of the assigned business lines' adherence to the operational risk framework in effectively managing risk as the bank's first line
of defense and the second line of defense ORM's view of the area's operational risk profile and trend.
6) Lead or participate in structured Business Unit Review and 'business as usual' working meetings to foster a deep understanding of the business and changes that impact its operational risk profile. This participation forms a component of the VP's role in monitoring the operational risk profile of the Businesses.
7) Ensure the results of all work performed is documented in accordance with pre-defined standards and is ready for third party review upon request.
8) Support the coordination with internal Operational Risk stakeholders to ensure that program expectations are well understood and incorporated into the business line review and challenge program and are consulted when differences in view of program requirements arise with the business line.
9) As a key partner to the FLoD, support the roll out and execution of ORM programs and applicable changes, including coordination with the ORM program leads and management of the enterprise execution calendar.
10) Support other initiatives periodically assigned by the Operational Risk leadership team.
**Interactions / Interpersonal Skills:**
+ Strong interpersonal skills to manage relationships with Business Unit Risk and Control Managers, Line of Business Executives and other Operational Risk stakeholders
+ Strong oral / written communication skills.
+ Able to build relationships with people at all levels. Able to influence and galvanize support of others. Builds rapport and trust among stakeholders
+ Ability to promote cooperation and good working relationships among team members and peers.
+ Experienced working with regulators and auditors.
**Business and Technical Knowledge:**
+ Broad view of the financial services industry.
+ Strong knowledge of corporate, investment banking and cash management products, processes, risks and controls (from front to back office).
+ Expertise in control testing techniques and documentation
+ Strong understanding of operational risk management programs and practices, including third party risk, fraud, business continuity, change and payments.
+ Exceptional organizational skills.
**Experience/Abilities:**
+ 5+ years' experience in operational risk management, internal audit, consulting, regulatory or related field applicable to the business coverage areas described above
+ Experience in control testing techniques and documentation
+ Strong knowledge of operational risk regulatory expectations and industry practices
+ Demonstrated ability to manage demanding workloads and prioritize deliverables
+ Strong written and verbal communication skills
**Education:**
Bachelor's degree in business, Finance, Economics, Accounting, or related field. MBA a plus.
The typical base pay range for this role is between $125K - $160K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary ( will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
**Our Culture Principles**
+ Client Centric
+ People Focused
+ Listen Up. Speak Up.
+ Innovate & Simplify
+ Own & Execute
Operational Risk Management, Vice President
Posted today
Job Viewed
Job Description
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.
Overall, Purpose of Job: Reporting to the Director Corporate & Investment Banking and Operations Business Coverage Team, responsible for executing the second line of defense oversight and challenge program across all business activities managed in our Global Corporate and Investment Banking and Japanese Corporate Banking based business lines and our Enterprise Operations functions.
**Essential Functions**
1) Execute / support the Effective Challenge & Oversight Framework for assigned business coverage areas, including but not limited to:
+ Support deep dive reviews with the FLoD on significant risk events and operational losses
+ Identify with the FLoD applicable external losses and events for analysis and lessons learned
+ Participate as SLoD SME in business aligned scenario workshops
+ Participate in RCSA workshops and provide feedback in-line and post-execution to the FLoD
+ Analyze FLoD owned issues for common root causes, review issues per the Issue Management policies and standards and monitor resolution for assigned areas
+ Partner with FLoD to develop appropriate key metrics and monitor FLoD operational risk reporting and metrics for negative trends or escalation items
+ ORM SME reviewer for Product & Services risk assessments
2) Perform sample-based framework compliance testing (e,g, QA, testing or monitoring)
3) Support advisory services for high-priority change initiatives.
4) Support / execute SLoD ORM roles defined by Risk Governance Processes (e.g Risk ID, Strategic Planning review, LoB RAS review and challenge, etc.)
5) Production of periodic operational risk scorecards and reports that provide executive management a consolidated view of the assigned business lines' adherence to the operational risk framework in effectively managing risk as the bank's first line
of defense and the second line of defense ORM's view of the area's operational risk profile and trend.
6) Lead or participate in structured Business Unit Review and 'business as usual' working meetings to foster a deep understanding of the business and changes that impact its operational risk profile. This participation forms a component of the VP's role in monitoring the operational risk profile of the Businesses.
7) Ensure the results of all work performed is documented in accordance with pre-defined standards and is ready for third party review upon request.
8) Support the coordination with internal Operational Risk stakeholders to ensure that program expectations are well understood and incorporated into the business line review and challenge program and are consulted when differences in view of program requirements arise with the business line.
9) As a key partner to the FLoD, support the roll out and execution of ORM programs and applicable changes, including coordination with the ORM program leads and management of the enterprise execution calendar.
10) Support other initiatives periodically assigned by the Operational Risk leadership team.
**Interactions / Interpersonal Skills:**
+ Strong interpersonal skills to manage relationships with Business Unit Risk and Control Managers, Line of Business Executives and other Operational Risk stakeholders
+ Strong oral / written communication skills.
+ Able to build relationships with people at all levels. Able to influence and galvanize support of others. Builds rapport and trust among stakeholders
+ Ability to promote cooperation and good working relationships among team members and peers.
+ Experienced working with regulators and auditors.
**Business and Technical Knowledge:**
+ Broad view of the financial services industry.
+ Strong knowledge of corporate, investment banking and cash management products, processes, risks and controls (from front to back office).
+ Expertise in control testing techniques and documentation
+ Strong understanding of operational risk management programs and practices, including third party risk, fraud, business continuity, change and payments.
+ Exceptional organizational skills.
**Experience/Abilities:**
+ 5+ years' experience in operational risk management, internal audit, consulting, regulatory or related field applicable to the business coverage areas described above
+ Experience in control testing techniques and documentation
+ Strong knowledge of operational risk regulatory expectations and industry practices
+ Demonstrated ability to manage demanding workloads and prioritize deliverables
+ Strong written and verbal communication skills
**Education:**
Bachelor's degree in business, Finance, Economics, Accounting, or related field. MBA a plus.
The typical base pay range for this role is between $125K - $160K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary ( will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
**Our Culture Principles**
+ Client Centric
+ People Focused
+ Listen Up. Speak Up.
+ Innovate & Simplify
+ Own & Execute
Senior Manager - Operational Risk Management
Posted 5 days ago
Job Viewed
Job Description
**At American Express, our culture is built on a 175-year history of innovation, shared** **values** **and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.**
**Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.**
**The Global Risk & Compliance Organization (GRC) is an independent risk management function, led by the Chief Risk Officer, with the objective of ensuring that American Express operates in a safe, sound, and fully compliant manner with all applicable regulatory expectations. GRC creates and maintains the overall risk management framework, performs independent risk management assessments, and monitors applicable risks.**
**Colleagues at GRC are passionate about our commitment to drive the Company's goals of growth and progress by creating a culture of risk awareness and proactivity around regulatory matters.**
**The Operational Risk Management (ORM) team facilitates and monitors the implementation of effective operational risk management programs throughout the company, and oversees risk ownership throughout business units, products, and processes.**
**The objective of the ORM Governance team is to develop, oversee and strengthen the organization's ORM framework to ensure that governance structures, policies, and procedures are robust, effective, and align with regulatory requirements and best practices.**
**ORM Governance is looking for a Senior Manager who will help lead the development, enhancement, and implementation of technology, capabilities, and product strategies within the Global Risk and Compliance organization. This role focuses on driving operational risk transformation by aligning business needs with technological solutions, ensuring scalability, regulatory compliance, and innovation. The Director will collaborate closely with stakeholders across risk, compliance, and IT to deliver effective tools and systems that enhance the risk management framework.**
**Key Responsibilities:**
+ Lead collaboration with business and technology teams to define detailed user stories, ensuring functional and non-functional requirements are well-documented
+ Oversee User Acceptance Testing (UAT) planning and execution, guiding teams in the development of test cases, coordinating with end-users, and validating that system enhancements meet business and regulatory requirements
+ Drive the design and definition of risk management solutions by advising on strategic architecture choices and aligning cross functional stakeholders
+ Lead the delivery of risk and compliance technology capabilities that strengthen the operational framework, with a focus on proactive risk identification, monitoring, reporting, and controls effectiveness
+ Shape and execute product strategies that advance operational risk system capabilities, ensuring alignment with broader risk transformation objectives
+ Coordinate and help prioritize a portfolio of technology initiatives that enhance risk data management, workflow automation, and regulatory compliance tools.
+ Support the integration of advanced technologies such as AI, machine learning, and data analytics within operational risk management processes.
+ Ensure risk and compliance technology solutions adhere to regulatory standards and adapt to evolving global requirements.
+ Support the integration of risk management systems across the organization, facilitating comprehensive risk reporting and insights for senior management.
+ Stay informed on industry trends, innovations, and best practices to contribute to continuous improvement in risk and compliance capabilities.
**Minimum Qualifications:**
+ 6 years of experience in operational risk management, compliance, or risk technology, with a background in supporting capabilities and product strategy initiatives.
+ Prior experience in designing / architecting / implementing complex risk management solutions
+ Experience in Agile / Kanban methodologies, creating and prioritizing user stories and tasks for multiple projects in a dynamic environment.
+ Experience in performing UAT, writing test-cases for various scenarios, performing product reviews / certifications, etc.
+ Experience in coordinating risk transformation projects, particularly in assisting with the implementation of large-scale technology platforms.
+ Familiarity with developing product and technology roadmaps, with a focus on operational risk, compliance, and regulatory requirements.
+ Strong understanding of global risk management frameworks and financial industry regulations, including Basel, SOX, and CCAR.
+ Experience working with technological solutions in risk and compliance, including AI, machine learning, and advanced analytics.
+ Proven ability to collaborate with cross-functional teams and work with senior stakeholders to align technology initiatives with business objectives in risk management.
+ Strong analytical and problem-solving skills, with the ability to assess complex risk environments and contribute to effective solutions.
+ Excellent communication and collaboration skills, with the ability to support teams and present risk management insights to stakeholders.
+ A Bachelor's degree in Risk Management, Business, Technology, or a related field is required.
ORMCM
**Qualifications**
Annual Range: $80,000.00 to $165,000.00 annually bonus benefits
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we'll consider your location, experience, and other job-related factors.
We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:
+ Competitive base salaries
+ Bonus incentives
+ 6% Company Match on retirement savings plan
+ Free financial coaching and financial well-being support
+ Comprehensive medical, dental, vision, life insurance, and disability benefits
+ Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
+ 20 weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy
+ Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
+ Free and confidential counseling support through our Healthy Minds program
+ Career development and training opportunities
For a full list of Team Amex benefits, visit our Colleague Benefits Site .
American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law. American Express will consider for employment all qualified applicants, including those with arrest or conviction records, in accordance with the requirements of applicable state and local laws, including, but not limited to, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance for Employers, and the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance. For positions covered by federal and/or state banking regulations, American Express will comply with such regulations as it relates to the consideration of applicants with criminal convictions.
We back our colleagues with the support they need to thrive, professionally and personally. That's why we have Amex Flex, our enterprise working model that provides greater flexibility to colleagues while ensuring we preserve the important aspects of our unique in-person culture. Depending on role and business needs, colleagues will either work onsite, in a hybrid model (combination of in-office and virtual days) or fully virtually.
US Job Seekers - Click to view the " Know Your Rights " poster. If the link does not work, you may access the poster by copying and pasting the following URL in a new browser window: eligibility to work with American Express in the United States is required as the company will not pursue visa sponsorship for these positions.
**Job:** Risk
**Primary Location:** US-New York-New York
**Schedule** Full-time
**Tags** ORMCM
**Req ID:** 25012335
Operational Risk Management, Vice President
Posted 9 days ago
Job Viewed
Job Description
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.
Overall, Purpose of Job: Reporting to the Director Corporate & Investment Banking and Operations Business Coverage Team, responsible for executing the second line of defense oversight and challenge program across all business activities managed in our Global Corporate and Investment Banking and Japanese Corporate Banking based business lines and our Enterprise Operations functions.
**Essential Functions**
1) Execute / support the Effective Challenge & Oversight Framework for assigned business coverage areas, including but not limited to:
+ Support deep dive reviews with the FLoD on significant risk events and operational losses
+ Identify with the FLoD applicable external losses and events for analysis and lessons learned
+ Participate as SLoD SME in business aligned scenario workshops
+ Participate in RCSA workshops and provide feedback in-line and post-execution to the FLoD
+ Analyze FLoD owned issues for common root causes, review issues per the Issue Management policies and standards and monitor resolution for assigned areas
+ Partner with FLoD to develop appropriate key metrics and monitor FLoD operational risk reporting and metrics for negative trends or escalation items
+ ORM SME reviewer for Product & Services risk assessments
2) Perform sample-based framework compliance testing (e,g, QA, testing or monitoring)
3) Support advisory services for high-priority change initiatives.
4) Support / execute SLoD ORM roles defined by Risk Governance Processes (e.g Risk ID, Strategic Planning review, LoB RAS review and challenge, etc.)
5) Production of periodic operational risk scorecards and reports that provide executive management a consolidated view of the assigned business lines' adherence to the operational risk framework in effectively managing risk as the bank's first line
of defense and the second line of defense ORM's view of the area's operational risk profile and trend.
6) Lead or participate in structured Business Unit Review and 'business as usual' working meetings to foster a deep understanding of the business and changes that impact its operational risk profile. This participation forms a component of the VP's role in monitoring the operational risk profile of the Businesses.
7) Ensure the results of all work performed is documented in accordance with pre-defined standards and is ready for third party review upon request.
8) Support the coordination with internal Operational Risk stakeholders to ensure that program expectations are well understood and incorporated into the business line review and challenge program and are consulted when differences in view of program requirements arise with the business line.
9) As a key partner to the FLoD, support the roll out and execution of ORM programs and applicable changes, including coordination with the ORM program leads and management of the enterprise execution calendar.
10) Support other initiatives periodically assigned by the Operational Risk leadership team.
**Interactions / Interpersonal Skills:**
+ Strong interpersonal skills to manage relationships with Business Unit Risk and Control Managers, Line of Business Executives and other Operational Risk stakeholders
+ Strong oral / written communication skills.
+ Able to build relationships with people at all levels. Able to influence and galvanize support of others. Builds rapport and trust among stakeholders
+ Ability to promote cooperation and good working relationships among team members and peers.
+ Experienced working with regulators and auditors.
**Business and Technical Knowledge:**
+ Broad view of the financial services industry.
+ Strong knowledge of corporate, investment banking and cash management products, processes, risks and controls (from front to back office).
+ Expertise in control testing techniques and documentation
+ Strong understanding of operational risk management programs and practices, including third party risk, fraud, business continuity, change and payments.
+ Exceptional organizational skills.
**Experience/Abilities:**
+ 5+ years' experience in operational risk management, internal audit, consulting, regulatory or related field applicable to the business coverage areas described above
+ Experience in control testing techniques and documentation
+ Strong knowledge of operational risk regulatory expectations and industry practices
+ Demonstrated ability to manage demanding workloads and prioritize deliverables
+ Strong written and verbal communication skills
**Education:**
Bachelor's degree in business, Finance, Economics, Accounting, or related field. MBA a plus.
The typical base pay range for this role is between $125K - $160K depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary ( will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
**Our Culture Principles**
+ Client Centric
+ People Focused
+ Listen Up. Speak Up.
+ Innovate & Simplify
+ Own & Execute
Operational Risk Management-New Activities Risk Management/Issues Management AVP/VP
Posted today
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Job Description
Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business. Overview The VP will manage and execute the following Branch-wide operational risk programs in accordance with Heightened Standard using a guideline such as COSO: Operational Risk Issues management, and New Activities Risk Management. Responsibilities Include but are not limited to: Program Execution Develop, execute and enhance of the following Branch-wide operational risk programs: Operational Risk Issues management and New Activities Risk Management Ensure the effective implementation of the Branch’s operational risk programs through training, awareness and monitoring Promote sound operational risk culture across the Branch by supporting and providing oversight to the first line of defense through various operational risk management programs Ensure a timely and efficient remediation plan is developed for operational risk management framework issues, and oversee the implementation of rectification Support with the execution of the RCSA program as an Operational Risk Issues management and New Activities Risk Management subject matter expert Management Provide training, feedback and professional development opportunities to all team members Execute and ensure adherence to all policies and procedures impacting Operational Risk Management Support with the execution of department strategic objectives Reporting Aggregate operational risk profile utilizing the appropriate methodology Ensure ongoing communication of risk initiatives to the relevant committees Respond to regulatory inquiries related to operational risk management Qualifications Bachelor’s degree is required for this position 8 years of experience in the Banking industry and 5 years in operationalrisk management 5 years of work experience in a supervisory function Knowledge of operational or enterprise risk management concepts, framework, methods, andgood governance practices CFA/CPA/FRM/MBA preferred Pay Range Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications. USD $5,000.00 - USD 230,000.00 /Yr. #J-18808-Ljbffr
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Operational Risk Management Department-Third Party Risk Management AVP/Associate
Posted today
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Job Description
Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.
Overview
The incumbent is responsible for all aspects of and will provide oversight, guidance and challenge to the Bank's Third Party Risk Management (TPRM). S/he will establish and enhance the Third Party Risk Framework, draft and maintain TPRM policies and standards, develop and execute TPRM annual work plans, and conduct periodic risk assessments. S/he will also assess, monitor and track TPRM lifecycle activities, ensure documentation completeness, and prepare aggregated TPRM reports on risk data and analysis.
Responsibilities
Include but are not limited to
Third Party Risk Management Framework
- Establish and enhance the Third Party Risk Framework, ensure it consists of appropriate components to effectively manage third party risks
- Update third party risk management policies and procedures
- Develop and execute a third party risk annual work plan to review and challenge risk identification, assessment, control evaluation and testing activities
- Utilize a consistent risk rating methodology for controls that aligns with the Operational Risk Framework
- Conduct periodic risk assessment of third party risks
- Assess, monitor and track third party risk management lifecycle activities as second line of defense
- Provide third party risk management guidance to First Line Units ("FLUs")
- Ensure the completeness of the central documentations of the bank wide third party population
- Prepare aggregated third party risk report
- Keep abreast of current industry tools, trends, and regulatory requirements
- Work with other SMEs under the third party risk management framework to ensure the third party risk management activities are efficient
- Ensure third party risk management system is implemented and all updates are installed timely
- Provide timely training of system upgrades or updates to all system users
- Assist with new product management risk assessment process
- Assist with RACA quarterly review in the expertise of third party risk management
- Complete required BSA/AML, and other compliance trainings as provided
- Beware of BSA/AML issues, provide risk warnings to First Line Units and internal risk management departments when noticed
- Bachelor's degree is required, and an advanced degree is preferred
- Minimum 5 years of work experience in financial service industry is required for AVP level
- Minimum 5 years of work experience in risk management and minimum 2 years of third party risk management experience are required for AVP level; Minimum 1 year of work experience in third party risk management is required for Associate level
- Knowledge of operational risk management and assessment, regulatory and compliance, general IT risk/IT operation as well as business lines and workflow in financial/banking industry is required
- Certified Third Party Risk Professional or Certified Regulatory Vendor Program Manager is preferred but not required
Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.
USD $2,000.00 - USD 150,000.00 /Yr.
Manager - Strategic and Operational Risk Management
Posted 8 days ago
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Job Description
Manager - Strategic and Operational Risk Management Join to apply for the Manager - Strategic and Operational Risk Management role at CrossCountry Consulting Manager - Strategic and Operational Risk Management Join to apply for the Manager - Strategic and Operational Risk Management role at CrossCountry Consulting Get AI-powered advice on this job and more exclusive features. From the beginning, our goal was to establish an advisory firm that stands apart from the rest – one that is grounded in our Core Values and dedicated to creating a positive experience not just for our clients, but for our people too. We firmly believe in the strength of collaboration, enthusiasm, generosity, and perseverance as the driving forces behind our success. With advisory solutions spanning accounting and risk, technology-enabled transformation, and transactions, we partner with our clients to solve today’s challenges and deliver present and future value. Our commitment to our people has earned us numerous awards including Inc5000's Fastest Growing Companies and Glassdoor's Best Places to Work. Explore what our employees have to say about our unique culture by clicking here. By joining our rapidly growing Risk Advisory practice you will serve as a trusted partner to our clients. You’ll bring your first-hand experience, unique perspectives, and functional knowledge to deliver tailored integrated solutions that help our clients solve today's challenges and set the foundation for future success. As a Manager at CrossCountry Consulting you will be responsible for a mix of client delivery, leading teams and developing junior team members, and participating in business development activities. What You'll Do Provide excellent client service and develop and nurture client relationships, serving as a liaison between clients and project teams, understanding their business needs, and delivering responsive and high-quality service Apply specialized knowledge to strategic and operational risk domains, and demonstrate broad acumen across facets of risk domains including resiliency, data, models, artificial intelligence (AI), third party risk management (TPRM), privacy, and process & transaction risk Collaborate to help lead development of compelling, easy-to-consume, data-driven deliverables that pragmatically solve client problems Structure, implement, and synthesize research and analysis on a range of key industry developments and trends to inform client deliverables, proposals, marketing materials, and market strategies Lead CrossCountry teams on engagements such as: Strategy & Transformation: Program design and build, Operating model development, Maturity assessments and roadmaps, Metrics & Reporting and Technology enablement Risks & Controls: Risk register & mapping, Risk assessments, RCSAs, Internal audit, Control testing, Risk treatment and Issues management Regulatory Compliance: Regulatory mapping, Assessments and roadmaps, Advisory, Preparedness & Remediation What You'll Bring 5+ years prior experience in professional services (public accounting, advisory firm, or management consulting firm) or in a risk management role within an organization Strong knowledge on major strategic and operational risk frameworks, standards and regulations such as NIST CSF, CRI Cybersecurity Profile, ISO 27000 series, Basel Operational Risk Principles, GDPR, DORA, Interagency Guidelines, EU AI Act etc. Understanding of comprehensive risk management programs, including governance, policy, organizational design, awareness and training, technologies, processes, and controls Passion for learning new technologies and staying current with trends in strategic and operational risk Qualifications Bachelor’s degree from an accredited university Professional certification (CERP, CRISC, CIPT, CIPP, CIPM) Willingness to travel domestically up to 20%-30% (varies by client) Availability to work on client site or in office 3 days a week, with 2 days remote (hybrid environment) Benefits Summary The CrossCountry total rewards package includes comprehensive healthcare options, including medical, dental, and vision coverage; flexible spending accounts; and a 401(k) with company matching. Additionally, employees can take advantage of generous parental and maternity leave policies, technology stipends, and wellness reimbursement programs, all designed to support both professional growth and personal well-being. For detailed information about benefits at CrossCountry, please visit our dedicated benefits site: Equal Employment Opportunity (EEO) CrossCountry provides equal employment opportunities (EEO) to all employees and applicants for employment and believes that respect and fair treatment are critical to creating a productive and inclusive workplace. As an equal opportunity employer, CrossCountry is fully committed to comply with all federal, state, and local laws and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability, pregnancy, genetics, sexual orientation, veteran status, gender identity or expression or any other protected characteristic. The company also complies with pay transparency and labor laws applicable to all terms and conditions of employment. Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Finance and Sales Industries Business Consulting and Services Referrals increase your chances of interviewing at CrossCountry Consulting by 2x Get notified about new Operational Risk Manager jobs in McLean, VA . 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Operational Risk Management, Assistant Vice President
Posted today
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Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.
With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.
Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.
The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.
We're seeking an Operational Risk professional to provide analytic support and guidance to the Business Unit Risk Managers (BURMs) and their teams. You will directly support operational risk and control self-assessments and initiatives, and support the Operational Risk Management processes and tools through analysis, training, and reporting.
**Responsibilities**
- Support BURMs in the completion of operational risk and control self-assessments and supporting documentation.
- Provide training and guidance on the use of the ORCSA tools, including classroom training, individual guidance, and executive-level demonstrations.
- Maintain the OpenPages system library content, ensuring the integrity of the data in the system and align the risk assessment process to Basel II.
- Design and develop operational risk reports in the OpenPages system.
- Support other adopters of the OpenPages system in development and implementation of business requirements.
**Qualifications**
- 3 - 5 years' experience in the financial services industry in a risk management or internal audit environment
- Strong analytic, planning, and organizational skills
- Subject matter expertise in risk assessment and controls concepts
- Understanding of Basel II Operational Risk concepts
- Experience in delivering classroom training
- Knowledge of bank operations and processes
- Proficiency in Microsoft Excel, Word, Visio, and PowerPoint. Preferred: Access, Business Objects, SharePoint
- Good verbal and written communication skills
The typical base pay range for this role is between $86K - $111K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.
MUFG Benefits Summary ( will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.
At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!
**Our Culture Principles**
+ Client Centric
+ People Focused
+ Listen Up. Speak Up.
+ Innovate & Simplify
+ Own & Execute