Operational Risk Consultant

Job Description

Job Description

Our client is a foreign bank looking for an experienced Operational Risk Consultant to join our team on a contract basis. This role is ideal for a strategic thinker with expertise in operational risk management and a proven ability to address regulatory challenges. You will lead initiatives to strengthen risk frameworks and ensure alignment with organizational objectives and regulatory standards.

Responsibilities include :

• Lead the development and implementation of the Operational Risk Management Framework (ORMF) in accordance with enterprise risk principles and regulatory requirements.
• Manage the rollout of operational risk programs across various risk categories, ensuring consistency and effectiveness.
• Establish governance structures to support oversight and reporting of operational risks.
• Design and maintain dashboards and key risk indicators (KRIs) to monitor the operational risk profile.
• Prepare detailed reports for senior management and board-level stakeholders, highlighting key risk insights.
• Monitor regulatory changes and update internal policies to ensure compliance.
• Conduct enterprise-wide risk assessments to define risk profiles and aggregate operational risk exposures.
• Enhance operational risk taxonomy to improve the identification, assessment, and reporting of risks.
• Extensive experience in operational risk management and regulatory compliance at a major bank
• Strong knowledge of operational risk management frameworks
• Strong and direct experience leading regulatory issue remediation at major banks
• Proven ability to create and implement governance mechanisms for risk oversight.
• Excellent analytical and problem-solving skills with a forward-thinking approach.
• Strong communication and presentation skills for engaging with senior leadership and stakeholders.