Operational Risk Manager Sr- Digital Assets

About the role

The Operational Risk Manager Sr. – Digital Assets will drive change and lead the design, implementation, and administration of the second line of defense oversight for one or more assigned Business Segments or Level 1 risk categories, with a focus on Digital Assets. Core responsibilities include ongoing governance of operational risk frameworks, policies, and charters, serving as committee chair, completing quantitative and qualitative assessments, and ensuring business processes related to Digital Assets are appropriately identified and assessed.

Responsibilities

• Establish, maintain, and evolve the Digital Asset Risk Management Framework.
• Update pillar-specific documentation to reflect digital assets risk activities as appropriate.
• Provide independent review, challenge, and oversight of first-line digital asset activities, including proposed new or expanded use cases.
• Escalate material digital asset risk issues and themes to executive management, the appropriate governing committee, and/or the Board of Directors (BOD).
• Participate in governance forums overseeing digital asset risk and direct remediation where gaps or deficiencies are identified.
• Provide insights on applicable digital asset-related rules and regulations to assess their applicability in coordination with compliance and corporate legal teams.
• Provide advisory support and credible challenge on compliance and operational risks associated with digital asset activities.
• Perform and/or provide subject matter expert (SME) guidance on third-party risk management due diligence of new and existing vendors/business partners related to digital assets.
• Document digital asset risks and controls across applicable processes.
• Establish metrics to assess performance of digital asset third parties.
• Define and maintain digital asset-specific Key Risk Indicators (KRIs) and risk limits, calibrated based on activity size, scale, volume, and complexity.
• Monitor pertinent key risk indicators and investigate and report on adverse movements or aggregation of risk across segments.
• Identify, develop, and analyze metrics and key performance indicators to enable the measurement of risk and ensure segments and programs meet business objectives.
• Support independent risk assessments and risk management process reviews, and represent Operational Risk Management (ORM) effectively, influencing colleagues and leading initiatives outside the ORM organization.
• Enhance ORM analytics, including the development of scorecards and dashboards, and identify tools and techniques to automate the analytical environment while assessing and recommending tools for automated information systems control verification processes.
• Chair second line of defense Operational Level committees as assigned, participate or present in Management level committees, and lead or participate in working groups/committees to address and resolve issues.
• Identify and recommend solutions for negative trends or risk events and lead implementation of operational risk strategies and initiatives.
• Develop and maintain Op Risk policies, procedures, process maps, and manuals as required, and complete operational reporting for the Operational Risk Committee (ORC) and Pillar Risk Assessment (PRA).
• Perform other duties as assigned.

Requirements

• Bachelor’s Degree.
• 7 years of related experience within Risk management and/or Digital Assets.

Preferred Qualifications

• Prior experience within the digital asset industry at a leading firm.
• Advanced knowledge of risk management principles and regulatory compliance requirements.
• Strong organizational, analytical, critical thinking, and problem-solving skills.
• Excellent verbal and written communication skills, with the ability to present requirements and issues clearly and concisely.
• Strong interpersonal skills and ability to build partnerships and work collaboratively across all business areas.
• Ability to deal with ambiguity and navigate complex situations.
• Proven ability to collaborate and influence leaders in a cross-matrixed organization.
• Demonstrated ability to influence change, multitask, and work in a fast-paced environment.
• Proficiency in MS Office suite.

Schedule

This is an exempt position (not eligible for overtime pay).

Certain positions outside the branch network may be eligible for a flexible work arrangement, combining in-office and work-from-home opportunities. Specific arrangements will be provided by the hiring team.

Pay

The compensation range for this position is $93,000 - $189,000 annual salary. Actual compensation will vary based on factors including location, experience, and education.

Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.

Benefits

• Health insurance coverage.
• Wellness program.
• Life and disability insurance.
• Retirement savings plan.
• Paid leave programs, paid holidays, and paid time off (PTO).