10+ years of experience in banking operations or operational risk management.
Hands-on experience with Risk and Control Self-Assessments (RCSA).
Strong knowledge of risk assessment and control evaluation.
Experience in identifying and managing Operational Risk Events (OREs).
Proven ability to conduct root cause analysis and develop remediation strategies.
Familiarity with banking operations like securities settlements and loan servicing is preferred.
Excellent written communication skills for detailed documentation.
Responsibilities
Lead execution and documentation of Risk and Control Self-Assessments (RCSAs).
Evaluate risks and controls to identify operational vulnerabilities.
Investigate and document Operational Risk Events (OREs) and corrective actions.
Review workflows to identify gaps and opportunities for risk reduction.
Collaborate with stakeholders to establish risk mitigation strategies.
Assess control effectiveness and recommend improvements.
Produce comprehensive risk assessments and documentation.
Benefits
Hybrid work arrangement in New York, NY.
Engagement as a W2 employee only.
Opportunity to work directly on operational risk management initiatives.
Exposure to various banking operations functions.
Individual contributor role without direct management responsibilities.
Full Job Description
Job Description Be Part Of A High-Performing Team
Join the operations risk and control function of a leading global financial institution with a significant presence in the Americas. The organization supports complex banking activities spanning treasury services, lending, securities settlements, client onboarding, and financial operations, with a strong emphasis on operational resilience, regulatory compliance, and effective risk management.
This opportunity provides the chance to work alongside experienced operations and control professionals responsible for maintaining a strong internal control environment. The team collaborates across business functions to identify operational vulnerabilities, strengthen risk assessment practices, and implement sustainable control improvements.
Opportunity to contribute directly to operational risk management and internal control initiatives within a global banking environment.
Exposure to multiple banking operations functions, including settlements, lending, treasury, fraud operations, and client onboarding.
Work closely with senior operations leaders and risk and control stakeholders.
Focused consulting assignment centered on risk assessments, operational risk events, and control improvements.
Individual contributor position without direct people-management responsibilities.
How You Will Make An Impact
Lead hands-on execution and documentation of Risk and Control Self-Assessments (RCSAs) across multiple banking operations functions.
Evaluate inherent risks, existing controls, control effectiveness, and residual risk exposure to identify potential operational vulnerabilities.
Investigate and document Operational Risk Events (OREs), including event narratives, root cause analysis, control deficiencies, and corrective actions.
Review existing operational workflows and control frameworks to identify gaps, weaknesses, and opportunities for risk reduction.
Collaborate with operations stakeholders to establish practical risk mitigation strategies and remediation plans.
Assess the effectiveness of control design and execution, recommending improvements that strengthen operational reliability.
Produce accurate, comprehensive risk assessments, event documentation, and remediation records that support internal governance.
Coordinate with stakeholders across settlements, loans, treasury, onboarding, fraud, and transaction processing to address emerging operational risks.
Independently manage competing priorities and deliver risk and control assessments within established timelines.
Support additional control-related initiatives and operational risk projects as business priorities evolve.
Requirements Do You Bring Proven Success In Banking Operational Risk Management And Control Assessments?
10+ years of relevant professional experience in banking operations, operational risk, internal controls, or closely related financial services functions, consistent with the seniority of the assignment.
Significant hands-on experience executing Risk and Control Self-Assessments (RCSA) within a banking or financial services environment.
Strong knowledge of inherent risk assessment, control design, control effectiveness testing or evaluation, and residual risk determination.
Proven ability to perform root cause analysis, identify control deficiencies, and develop actionable remediation recommendations.
Strong understanding of operational risk frameworks, internal control principles, and risk mitigation strategies.
Experience evaluating business processes and identifying weaknesses in operational controls.
Familiarity with banking operations such as securities settlements, loan servicing, treasury operations, client onboarding, fraud operations, or trade processing is strongly preferred.
Experience working directly with senior operations managers, business control officers, and other risk stakeholders.
Excellent written communication skills, particularly in preparing detailed risk assessments, operational event narratives, and control documentation.
Ability to work independently, manage multiple deliverables, and exercise sound judgment in complex operational environments.
Strong analytical, problem-solving, stakeholder engagement, and organizational skills.
Relevant risk or internal audit certifications, such as CRMA or CIA, are advantageous but not required.
