What are the responsibilities and job description for the Operational Risk Manager position at Lenmar Consulting Inc?
This position is hybrid in Jersey City.
Rate $75-80/hr W2
Description
Provide independent Operational Risk oversight, review, and challenge over CIB third party risk management activities, with a focus on the effective execution of 1LOD responsibilities and alignment with applicable policies, procedures, and risk appetite expectations.
Partner with CIB Central teams and other stakeholders on third party risk initiatives, including governance enhancements, control improvements, remediation programs, data quality improvements, and regulatory or audit-driven deliverables.
Execute BAU Operational Risk check and challenge activities, including review of risk assessments, control results, incidents, issues, action plans, metrics, and governance materials, ensuring that risks are clearly articulated, appropriately assessed, and escalated where required.
Knowledge, Skill And Experience
Strong understanding of operational risk management, third party risk management, outsourcing governance, control frameworks, and the three lines of defence model within a financial services environment.
Excellent analytical, communication, and stakeholder management skills, with the ability to provide effective challenge, influence outcomes, and explain risk and control matters clearly to both senior and working-level stakeholders.
Third Party Risk Management: Experience reviewing or overseeing third party lifecycle activities, including inherent risk assessment, due diligence, contractual controls, ongoing monitoring, concentration risk, exit strategy, and issue remediation.
Operational Risk Check and Challenge: Ability to assess the design and operating effectiveness of controls, identify control gaps, challenge risk ratings, and evaluate the adequacy of action plans and closure evidence.
Governance and Reporting: Experience preparing, reviewing, and challenging management information, committee materials, risk appetite metrics, issue tracking, and senior management updates.
Regulatory and Audit Awareness: Knowledge of regulatory expectations (including but not limited to US Interagency Third Party Risk Management Guidance), audit practices, and evidence standards relevant to third party, outsourcing, operational resilience, and operational risk management.
Strong communication, stakeholder management, and business relationship skills, with the ability to connect technical teams with junior and senior business stakeholders.
Business / It Skills
Cindy Wing
Lenmar Consulting, Inc. (A Kellton Company)
1440 Plaza Five
Harborside Financial Center
Jersey City, NJ 07311
T: 201.946.1777 ext. 4010
cwing@LenmarIT.com
www.lenmarit.com
Rate $75-80/hr W2
Description
Provide independent Operational Risk oversight, review, and challenge over CIB third party risk management activities, with a focus on the effective execution of 1LOD responsibilities and alignment with applicable policies, procedures, and risk appetite expectations.
Partner with CIB Central teams and other stakeholders on third party risk initiatives, including governance enhancements, control improvements, remediation programs, data quality improvements, and regulatory or audit-driven deliverables.
Execute BAU Operational Risk check and challenge activities, including review of risk assessments, control results, incidents, issues, action plans, metrics, and governance materials, ensuring that risks are clearly articulated, appropriately assessed, and escalated where required.
Knowledge, Skill And Experience
Strong understanding of operational risk management, third party risk management, outsourcing governance, control frameworks, and the three lines of defence model within a financial services environment.
Excellent analytical, communication, and stakeholder management skills, with the ability to provide effective challenge, influence outcomes, and explain risk and control matters clearly to both senior and working-level stakeholders.
Third Party Risk Management: Experience reviewing or overseeing third party lifecycle activities, including inherent risk assessment, due diligence, contractual controls, ongoing monitoring, concentration risk, exit strategy, and issue remediation.
Operational Risk Check and Challenge: Ability to assess the design and operating effectiveness of controls, identify control gaps, challenge risk ratings, and evaluate the adequacy of action plans and closure evidence.
Governance and Reporting: Experience preparing, reviewing, and challenging management information, committee materials, risk appetite metrics, issue tracking, and senior management updates.
Regulatory and Audit Awareness: Knowledge of regulatory expectations (including but not limited to US Interagency Third Party Risk Management Guidance), audit practices, and evidence standards relevant to third party, outsourcing, operational resilience, and operational risk management.
Strong communication, stakeholder management, and business relationship skills, with the ability to connect technical teams with junior and senior business stakeholders.
Business / It Skills
- Operational Risk Management
- Third Party Risk Management
- Outsourcing Governance
- Risk and Control Assessment
- Governance, Reporting and Escalation
- Issue and Action Plan Management
- Data Quality and Risk Metrics
- Creativity & Innovation / Problem Solving
- Adaptability
- Ability to Deliver / Results Driven
- Ability to collaborate / Teamwork
- Analytical ability
- Ability to develop and leverage networks
- Ability to understand explain and support change
- Ability to manage a project
- Ability to develop and adapt a process
- Ability to conduct a negotiation
Cindy Wing
Lenmar Consulting, Inc. (A Kellton Company)
1440 Plaza Five
Harborside Financial Center
Jersey City, NJ 07311
T: 201.946.1777 ext. 4010
cwing@LenmarIT.com
www.lenmarit.com
Salary : $75 - $80