As part of the second line of defense for WAB, the Operations Risk Officer will be responsible for monitoring operational risk, including identification of regulatory and organizational policies and standards. The position will facilitate independent risk assessments and risk management processes to ensure they are fully documented, performed efficiently and effectively, and meet WAL business and regulatory requirements. The position will also be responsible for maintenance of the TraceRisk system, i.e. documentation, maintenance, and enhancements.
Working in conjunction with other stakeholders within the Bank, the Operations Risk Officer will serve as a subject matter expert advisor to management concerning operational risks involving e-Banking, Deposits, ACH, RDC, wire transfers, etc. The role will perform risk assessments of various operational risk subjects and ensure that these risks are appropriately measured and monitored in the corporate risk universe.
The successful applicant will have excellent communication skills, and the ability to explain risks that are often complex and obscure to various stakeholders. This includes the ability to build strong interpersonal relationships, and inform, guide and motivate operational process stakeholders to address risks with due care and attention to detail. In addition, this individual will have a strong understanding of operational risks and mitigation controls. This role requires the ability to multi-task to keep multiple projects on track simultaneously, facilitate consensus among multiple teams (risk, ops, IT) and stakeholders to ensure work can progress in a timely manner and deliver projected business results.