Operations Risk and Control, Assistant Vice President

Responsibilities

• Completing Issue Closure Templates
• Issue Management – Assist with the support remediation of gaps via remediation plans that adhere to issues management mandates: timely issue and corrective action submission, accurate root cause identification, corrective action monitoring, on time closure, no failed validations, and no repeat issue
• Assist and participate in the identification of issues and partner with stakeholders in opening issues (Audit/Compliance/Management Identified)
• Acquire the necessary management approvals
• Maintain Open Page Records (Progress Status Updates, Linking Issues To Risk and Controls, Losses, etc)
• Risk Assessments
• Assist with the execution of front-line risk assessment activities (ad hoc Risk/Controls review, all components of the Risk and Control Self-Assessments (RCSA), Fraud Assessments, Third Party Vendor Assessments, Scenario Analysis, Monthly Risk Reporting)
• Understand Risk Taxonomy’s, Inherent Risk Rationales, Proper Control Descriptions, Basel Risk Categories
• Control Testing
• Support Control Testing Team gather necessary samples needed to test controls
• Rewrite controls to meet control description requirement
• Metrics & Reporting
• Prepare risk reporting, risk analysis and risk mitigation recommendations including control environment performance and risk management plans in place for critical issues
• Prepare key risk management reporting such as (e.g. Risk Management Business Review (MBR), Risk Metric Reporting, Issue Management Reporting)
• Audit/Compliance
• Assist in Preparation/Maintenance/Tracking of Audit/Compliance Calendar
• Mitigate Audit Issues and Draft Management Action Plans
• Other:
• Support management to generate various metrics reports for senior management and board level committees
• Assist in sustaining the operational risk and control framework and ensuring MUSA Operations is aligned with Bank Policy’s

Qualifications

• 2-5 years’ of demonstrated experience with Operations Risk and Control design, including Risk and Control Self-Assessments (RCSA)
• Bachelor’s degree is required in risk management, finance, business, information systems, or equivalent field.
• Demonstrated analytical, critical thinking, and problem-solving capabilities, with an iterative approach to identifying solutions and driving decisions
• Proven ability to manage multiple priorities simultaneously, work independently with limited oversight, and deliver high-quality results from inception to completion
• Strong communication and stakeholder management skills, including the ability to present, influence, and serve as a trusted advisor across multiple disciplines
• Effective listening skills with the ability to ask thoughtful questions and continuously learn through hands-on experience
• Strong organizational and conceptual skills, with attention to detail and operational excellence
• Technology-savvy, leveraging tools and systems to improve efficiency and outcomes
• Demonstrates integrity, professionalism, and accountability in all interactions and decisions