What are the responsibilities and job description for the AVP, Operational Risk Management position at Madison-Davis, LLC?
Title: AVP, Operational Risk Management
Office Status: Hybrid– Major U.S. Financial Hub
Base Salary: $135,000 – $170,000 base bonus
Overview
Our client is a well-established international banking institution with a growing U.S. footprint and a strong emphasis on governance, regulatory discipline, and risk culture. This AVP-level role sits within Operational Risk and plays a central part in maintaining and enhancing the firm’s risk framework, reporting infrastructure, and committee governance. The position offers high visibility across departments, regular interaction with senior leadership and regulators, and the opportunity to own core elements of the operational risk program.
Key Responsibilities
- Own and manage the Operational Risk Management Framework, ensuring alignment with internal governance standards and regulatory expectations
- Aggregate operational risk data across business and support functions, validating inputs and challenging inconsistencies where needed
- Analyze firmwide risk metrics and trends to produce consolidated reporting for executive committees and head office stakeholders
- Prepare and deliver recurring Operational Risk and Enterprise Risk reporting in partnership with cross-functional teams
- Serve as administrator for the Operational Risk Committee, including agenda setting, materials preparation, minutes, and follow-ups
- Maintain and update operational risk policies, procedures, and documentation to reflect evolving regulatory and business needs
- Coordinate and support regulatory examinations, audits, and ad hoc information requests related to operational risk
- Ensure day-to-day adherence to operational risk policies across the branch and support remediation efforts as required
- Partner with management to support departmental objectives and broader risk initiatives
- Oversee administrative functions tied to the risk group, including record retention, internal tools, and special projects as assigned
Salary : $135,000 - $170,000