Operational Risk Management Specialist

1 week ago

Sydney, New South Wales, Australia beBeeRisk Full time $100,000 - $140,000
Operational Risk Management Specialist

The Role of an Operational Risk Manager is to oversee and control risk exposures within a financial institution, ensuring the integrity and stability of its business operations.

Key responsibilities include monitoring and evaluating operational risk management frameworks, policies, and procedures. This involves assessing the potential impact of operational risks on the organization and implementing strategies to mitigate them.

  • Development and maintenance of operational risk management systems, tools, and dashboards to support risk assessment and reporting.
  • Collaboration with stakeholders to identify, assess, and prioritize operational risk mitigation initiatives.
  • Conducting regular audits and reviews of operational controls and processes to ensure their effectiveness in managing operational risk.

Additionally, this role requires excellent communication and interpersonal skills, as the operational risk manager must effectively collaborate with various departments and stakeholders to implement risk management strategies.

By taking proactive measures to manage operational risk, organizations can reduce the likelihood of adverse events, minimize losses, and enhance overall business resilience.

This position plays a vital role in ensuring that the company operates efficiently, safely, and within regulatory requirements.

A successful candidate will possess strong analytical, problem-solving, and project management skills, as well as a thorough understanding of operational risk management principles and practices.

Ultimately, the goal of an operational risk manager is to safeguard the organization's assets, reputation, and sustainability by identifying and mitigating potential threats.

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