Talent.com
Operational Risk Fraud Oversight Manager II

Operational Risk Fraud Oversight Manager II

City National BankNew York, New York, United States
19 hours ago
Job type
  • Full-time
Job description

OPERATIONAL RISK FRAUD OVERSIGHT MANAGER II

WHAT IS THE OPPORTUNITY?

Operational Risk Management (ORM) is responsible for providing independent and objective oversight of the management of risks arising from City National Bank's business processes, people, systems or external events.

Working with the Enterprise Risk Manager for Fraud and Payment Systems, the Fraud Manager II will contribute to the ongoing review and monitoring of operational risk programs executed by assigned 1LOD business or corporate unit(s), including Risk and Control Assessments, Control Management Activities, Key Risk Indicators, Operational Risk Events, Issue Management, Scenario Analysis, Risk Appetite, Products and aggregating and reporting of operational risk information to the Management Risk Committee, Risk Committee of the Board and RBC.

The Fraud Manager II is responsible for providing advisory and oversight for Fraud within ORM, with a particular focus on strengthening operational risk management efforts to support decision-making. This position provides an excellent opportunity to strengthen the operational risk management framework, which includes risk identification and assessment; risk measurement; risk controls; and risk monitoring and reporting to improve operational resilience.

WHAT WILL YOU DO?

All responsibilities are related to Fraud :

  • Work collaboratively with assigned business or corporate unit(s) to embed an understanding of the risk profile and risk appetite of the bank.
  • Review and challenge operational risk practices against CNB operational risk framework and policies, including but not limited to 1LOD output of risk identification assessments and scenario analysis, Risk and Control Self Assessments (RCSA's), Key Risk Indicators (KRI's), material existing and emerging exposures, Operational Risk Events (ORE) reporting, and issue resolution.
  • Understand material existing and emerging risks which align with assigned business or corporate unit(s) to ensure operation within risk appetite and fair representation of the operational risk profile
  • Review, challenge and monitor 1LOD risk appetite and key indicators, and their performance to risk appetite levels
  • Review and challenge whether 1LOD strategic priorities sufficiently consider the full spectrum of risks, and whether all risks have been adequately assessed across all strategic priorities
  • Provide advisory, oversight, and challenge to 1LOD development and implementation of business processes, procedures, and controls to adhere to operational risk governance requirements
  • Review and challenge 1LOD risk acceptances and new business initiatives
  • Credibly challenge 1LOD risk monitoring and reporting and related protocols, in conjunction with risk type teams, including metric trigger explanations and associated action plans
  • Review and challenge 1LOD annual testing and monitoring plans, the adequacy of control management activities and assessment results, and risk mitigation strategies to address gaps in control design or operating effectiveness
  • Review and challenge regulatory remediation activities in assigned coverage areas to ensure operational risk exposures associated with known control deficiencies are addressed. This includes providing oversight and challenge throughout the Issue Management Lifecycle, which may include issue details; root cause analysis; action plan; material issue changes; management's completion of the required and / or committed corrective actions with supporting evidence; control management activities; and sustainability.
  • Review and challenge self-identified issues and escalation in assigned coverage areas, including challenge of issue ratings, corrective action plans, due date extensions, and thematic issues in accordance with the CNB Issue Management Policy
  • Influence and monitor progress of action plans to improve the risk and control environment arising from risk assessments, risk monitoring, internal and external events, and regulatory exams
  • Exhibit high attention to details in identifying, aggregating, and communicating issues and control gaps to appropriate stakeholders
  • Lead with the preparation of status reports, key metrics and other ORM reporting information as requested by management, the Risk Committee or RBC.
  • Contribute to ad-hoc assignments / special projects
  • Maintain awareness of current regulatory / industry trends impacting the Bank's operational risk management program or practices.
  • Maintain familiarity of, and technical expertise with, business unit(s) organizational structure, personnel, activities and products, new product development, financial performance, and risk and problem areas
  • Act as an internal advisor to business and corporate units regarding the ORM framework, policies and procedures.
  • Support and facilitate audit and regulatory exam activities
  • Build effective relationships, alliances, and strategic partnerships across CNB and RBC to help deliver results and to ensure opportunities are identified, analyzed, and managed appropriately. Understand interdependencies to achieve success.
  • Build and grow risk talent through mentoring, coaching, and training

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications

  • Bachelor's Degree or equivalent
  • Minimum 10 years of experience in the financial services industry
  • Minimum 7 years of experience in risk management, operational risk management, compliance, or audit
  • Minimum 5 years of control assessment and validation experience
  • Additional Qualifications

  • Bachelor's degree or higher and other professional qualifications such as CPA, CIA, etc.
  • Knowledge of OCC rules and regulations (i.e. heightened standards for Large Financial Institutions)
  • Strong understanding of three lines of defense risk management structure and requirements
  • Strong understanding of Risk Management / Operational Risk Management
  • Strong knowledge of internal control management practices and testing methodology with proven experience in controls management design and / or execution
  • Strong knowledge of issue management practices with proven experience in issue resolution
  • Ability to handle complexity and ambiguity
  • Ability to deal effectively with conflict
  • Well-developed influencing skills
  • Strong interpersonal, verbal, and written communication skills
  • Demonstrated ability to think critically and facilitate change through collaborative effort.
  • Self-motivation, discipline, task focus, the ability to structure and present work and a proven record of delivering high quality results within strict deadlines.
  • Ability to multitask and prioritize several concurrent initiatives
  • Ability to work in a matrix environment
  • WHAT'S IN IT FOR YOU?

    Compensation

    Starting base salary : $99,000 - $176,000 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and / or commissions.

    Benefits and Perks

    At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including :

  • Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
  • Generous 401(k) company matching contribution
  • Career Development through Tuition Reimbursement and other internal upskilling and training resources
  • Valued Time Away benefits including vacation, sick and volunteer time
  • Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
  • Career Mobility support from a dedicated recruitment team
  • Colleague Resource Groups to support networking and community engagement
  • Get a more detailed look at our Benefits and Perks .

    ABOUT US

    Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us .

    INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

    City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

    It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

  • Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
  • Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.

    Create a job alert for this search

    Operational Risk Manager • New York, New York, United States

    Related jobs
    • Promoted
    AVP, Business Risk Process Analyst III (hybrid) NY / NJ - Commercial Finance

    AVP, Business Risk Process Analyst III (hybrid) NY / NJ - Commercial Finance

    First Citizens BankMorristown, NJ, US
    Full-time
    This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office located in New York or New Jersey. The AVP, Business Process Analyst wil...Show moreLast updated: 30+ days ago
    • Promoted
    AVP, Cyber Risk Services

    AVP, Cyber Risk Services

    Travelers InsuranceEdison, NJ, United States
    Full-time
    Taking care of our customers, our communities and each other.By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 16...Show moreLast updated: 4 days ago
    • Promoted
    Senior Manager, Cyber Operations

    Senior Manager, Cyber Operations

    Becton Dickinson & CompanyFranklin Lakes, NJ, United States
    Full-time
    The Senior Manager, Cybersecurity Operations provides oversight and leadership for the global 24 / 7 Security Operations Center (SOC), ensuring continuous threat detection, monitoring, and initial tr...Show moreLast updated: 4 days ago
    • Promoted
    Cybersecurity Engagement Manager

    Cybersecurity Engagement Manager

    TEPHRAEdison, NJ, United States
    Full-time
    The candidate will be responsible for designing security platforms, applications and tools to deliver against the customer Infosec strategy and programs. Knowledge of key security domains MDR, VM, G...Show moreLast updated: 4 days ago
    • Promoted
    Principal Product Manager - Fraud

    Principal Product Manager - Fraud

    ADPRoseland, NJ, United States
    Full-time
    ADP is Hiring a Principal Product Manager - Fraud.We are seeking a highly driven, visionary Fraud Product Principal to lead the design, development, and execution of our next generation fraud preve...Show moreLast updated: 2 days ago
    • Promoted
    Complaint Escalation Specialist

    Complaint Escalation Specialist

    Q-CellsTeaneck, NJ, United States
    Full-time
    We are seeking a Complaint Escalation Specialist to join our Risk Team and serve as a key point of contact for customers who have concerns about their financial agreements.In this role, you will wo...Show moreLast updated: 4 days ago
    • Promoted
    Treasury Operations Manager

    Treasury Operations Manager

    Creative Financial StaffingStamford, CT, US
    Full-time
    AVP / VP, Treasury Operations Manager.Stamford, CT - hybrid schedule.Growing, publicly traded company.Competitive compensation and benefits. Emphasis on work life balance and flexibility.An organizati...Show moreLast updated: 2 days ago
    • Promoted
    • New!
    Audit Manager II -Operational Risk Management

    Audit Manager II -Operational Risk Management

    City National BankJersey City, New Jersey, United States
    Full-time
    AUDIT MANAGER II-OPERATIONAL RISK MANAGEMENT.The Audit Manager II position is a leadership role as an auditor-in-charge to guide a team of auditors to assess risks, develop detailed audit programs,...Show moreLast updated: 18 hours ago
    • Promoted
    Cybersecurity IAM Engagement Manager

    Cybersecurity IAM Engagement Manager

    TEPHRAEdison, NJ, United States
    Full-time
    As part of this role, the candidate will be responsible for designing and implementing identity and access management systems and processes for a customer. The candidate will need to have a deep und...Show moreLast updated: 4 days ago
    • Promoted
    Cybersecurity IAM Engagement Manager

    Cybersecurity IAM Engagement Manager

    Diverse LynxEdison, NJ, United States
    Full-time
    Job Position : Cybersecurity IAM Engagement Manager.Job Location : Edison, NJ (Onsite).Job Type : Full Time Opportunity.As part of this role, the candidate will be responsible for designing and implem...Show moreLast updated: 4 days ago
    • Promoted
    Cyber Warfare Technician

    Cyber Warfare Technician

    U.S. NavyNew Brunswick, NJ, United States
    Full-time +1
    To be eligible to enlist in the U.Navy, candidates must be between the ages of 18-34.As a Cryptologic Technician, you are one of the worlds greatest problem-solvers. Were looking for people with sha...Show moreLast updated: 30+ days ago
    • Promoted
    Business Banking Relationship Manager II (Central NJ Region)

    Business Banking Relationship Manager II (Central NJ Region)

    OceanFirst BankRed Bank, NJ, United States
    Full-time
    Strong written and oral communication skills, proven business development skills, formal credit training and computer literacy in Microsoft Office applications. Working knowledge of commercial lendi...Show moreLast updated: 4 days ago
    • Promoted
    • New!
    Purchasing Manager

    Purchasing Manager

    The Axel Group, LLCMonmouth County, NJ, US
    Full-time
    The Axel Group is looking to add a Purchasing Manager to our client’s team out of Monmouth County, New Jersey.Our client is a renowned luxury residential homebuilder and is one of the largest...Show moreLast updated: 13 hours ago
    • Promoted
    Director, Corporate Reimbursement (Hybrid / Remote)

    Director, Corporate Reimbursement (Hybrid / Remote)

    RWJBarnabas Health Corporate ServicesOceanport, New Jersey, US
    Remote
    Full-time
    Job Title : Director Location : Barnabas Health Corp Department : Corporate Reimbursement Req# : 0000180233 Status : Full-Time Shift : Day Pay Range : $144,483. Annual Pay Transparency : The above reflects ...Show moreLast updated: 4 days ago
    • Promoted
    Senior Manager Treasury - Financial Institutions Operations (Hybrid)

    Senior Manager Treasury - Financial Institutions Operations (Hybrid)

    First Citizens BankMorristown, NJ, US
    Full-time
    This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. First Citizens Bank is seeking a Treasury Senior Manager to lead the F...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Manager of Cybersecurity Detection Engineering

    Senior Manager of Cybersecurity Detection Engineering

    CoxUniondale, NY, United States
    Full-time
    The Senior Manager of Cybersecurity Detection Engineering will lead a team of Detection Engineers in designing, implementing, and maintaining advanced detection capabilities to safeguard the organi...Show moreLast updated: 30+ days ago
    • Promoted
    Manager, Freight Operations

    Manager, Freight Operations

    XPOEast Brunswick, NJ, US
    Full-time
    This position will primarily be an outbound shift, Monday–Friday, from 12 : 00 PM to 10 : 00 PM.Flexibility is required to cover or train on inbound operations as needed, which runs 1 : 00 AM to 11 : 00 AM...Show moreLast updated: 15 days ago
    • Promoted
    Senior Healthcare Operations Project Manager

    Senior Healthcare Operations Project Manager

    RWJ New BrunswickNew Brunswick, NJ, US
    Full-time
    Job Title : Senior Project Manager Location : RWJ New Brunswick Department : Cancer Ctr-Admin Req : 0000199892 Status : Full-Time Shift : Day Pay Range : $80,000. Annual Pay Transparency : The above reflect...Show moreLast updated: 30+ days ago