Director Operational Risk Governance and Strategy

Date Active

Dec 8, 2022 5:01:26 PM

Requisition #

22-2321

Hours Per Week

40

Location

200 Executive Blvd South-HF433

City

Southington

State

Connecticut

Job Description/ Requirements

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer. 

 

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

 

Job Summary:

The incumbent will execute key initiatives under the direction of the Managing Director of Operational Risk Governance and Strategy. The individual will assist the team to achieve long-term strategic objectives that impact the organization. The individual will be able to gather, understand and interpret business strategies and risk management concepts, expectations, and requirements.

Key Responsibilities

1. Manage the oversight of the New Activity Program to ensure guidelines are adhered to that effectively identify and mitigate financial and non-financial risks.
2. Assists in the preparation of accurate and appropriate reporting of operational risks to senior management and the Board of Directors.
3. Collaborates with colleagues in the lines of business, Risk Management teams, and other corporate functions around operational risk reporting, new products & services, training and other relevant topics that advance risk management capabilities
4. Analyzes operational risk data to identify areas of excessive risk and to ensure that mitigation efforts are having the desired effect(s).
5. Work closely with the Operational Risk Management team on ad-hoc projects and initiatives
6. Ability to quickly come up to speed on multiple topics concurrently (e.g. committees, enterprise projects, risk reporting that are being enhanced/transformed) to be able to understand the team’s strategic objectives and to contribute effectively to their execution.
7. Understands banking regulation, supervisory expectations and industry trends for large financial institutions, particularly as it relates to operational risk management

 

Education, Experience, Skillset

• Bachelor's degree in related field, or equivalent experience required.
• A minimum of 5 years of experience centered in risk management and/or audit in financial institutions.
• Strong knowledge of operational risk, regulatory expectations, and bank best practices.
• Certified Internal Auditor (CIA) and/or Certified Risk Professional (CRP) certification(s) preferred.
• Experience with Excel and PowerPoint

 

Work location can be offered as Central CT or Westchester County, NY; hybrid work arrangement

Equal Opportunities