What are the responsibilities and job description for the Principal Operational Risk Analyst (Technology Risk) position at Navy Federal Credit Union?
Overview
Responsible for overseeing the identification, assessment, and mitigation of technical risks across the organization's systems, infrastructure, and technology stack. This role involves working closely with cross-functional teams to implement strategies that minimize risks while ensuring compliance with internal policies and external regulations. Responsible for identifying, evaluating, and mitigating technical risks associated with projects, systems, or technologies within an organization. This role combines technical expertise, risk management skills, and leadership to ensure that technical risks are managed effectively, safeguarding the company's operations, data, and reputation. Work independently to interpret and develop solutions to complex business challenges that have a significant impact on the function or branch. Specialized skill set and proficiency with procedures and techniques. Recognized as an expert in own area within the organization.
This position is eligible for the TalentQuest employee referral program. If an employee referred you for this job, please apply using the system-generated link that was sent to you.
Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
Responsibilities
Location: 820 Follin Lane, Vienna, VA 22180 | 5510 Heritage Oaks Drive, Pensacola, FL 32526 (Candidates must reside within a reasonable commuting distance of the office.)
About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Responsible for overseeing the identification, assessment, and mitigation of technical risks across the organization's systems, infrastructure, and technology stack. This role involves working closely with cross-functional teams to implement strategies that minimize risks while ensuring compliance with internal policies and external regulations. Responsible for identifying, evaluating, and mitigating technical risks associated with projects, systems, or technologies within an organization. This role combines technical expertise, risk management skills, and leadership to ensure that technical risks are managed effectively, safeguarding the company's operations, data, and reputation. Work independently to interpret and develop solutions to complex business challenges that have a significant impact on the function or branch. Specialized skill set and proficiency with procedures and techniques. Recognized as an expert in own area within the organization.
This position is eligible for the TalentQuest employee referral program. If an employee referred you for this job, please apply using the system-generated link that was sent to you.
Navy Federal Credit Union currently does not provide sponsorship for this role. Applicants must be authorized to work in the United States without the need for current or future sponsorship.
Responsibilities
- Design and execute risk assessment frameworks across multiple Operational Risk domains, ensuring alignment with regulatory requirements, industry best practices, and internal policies.
- Lead the execution of ORM programs, including RCSA, Business Resiliency assessments, and Issue and Event Management validation, ensuring comprehensive risk identification and mitigation.
- Conduct in-depth analysis to assess enterprise-wide risk exposure, identifying emerging threats, control weaknesses, and areas for process optimization.
- Synthesize and interpret complex risk data, developing actionable insights and recommendations for senior management.
- Oversee risk testing, validation, and remediation activities, ensuring continuous improvement of risk controls and compliance with regulatory requirements.
- Collaborate with business leaders to enhance risk awareness, implement control enhancements, and drive risk-informed decision-making.
- Monitor Key Risk Indicators (KRIs), ensuring proactive risk monitoring and reporting across business units.
- Lead the development and refinement of ORM-related Policies, Instructions, and Standards, ensuring enterprise-wide consistency and compliance.
- Bachelor’s Degree in Liberal Arts, Business Administration, Auditing, Technology / Engineering, Management, or other related fields, or equivalent combination of education and experience
- 7-10 years of experience in risk management, compliance, or governance functions
- Subject matter expert in operational risk frameworks, scenario analysis, and emerging risk trends
- Significant expertise in risk identification, analysis, and mitigation strategies across multiple business functions
- Develops and enhances risk assessment frameworks and methodologies, including RCSA
- Leads the development of risk reporting, dashboards, and key risk indicators (KRIs)
- Partners with senior leadership to provide strategic guidance on risk trends and mitigation strategies
- Significant knowledge of federal and state regulatory requirements and industry best practices
- Significant experience managing large-scale risk initiatives and process improvement efforts
- Significant expertise in operational and regulatory risk control concepts and practices
- Advance project management skills to drive enterprise-wide risk initiatives
- Strong leadership, problem-solving, and decision-making abilities
- Proven ability to align risk management strategies with business objectives
- Significant experience engaging with senior leadership and regulatory stakeholders on risk-related matters
- Master’s degree in Computer Science, Information Technology, Engineering, or a related technical field or equivalent combination of training, education and experience
- Significant experience in Financial Services, First, Second (ERM, ORM), and/or Third Line Risk Management, or Consulting experience
- Significant Cybersecurity & IT Governance experience
- One or more of the following designations, Certified Information Systems Security Professional (CISSP), Certified Risk and Information Systems Control (CRISC), Project Management Professional (PMP) or Certified Information Systems Auditor (CISA)
Location: 820 Follin Lane, Vienna, VA 22180 | 5510 Heritage Oaks Drive, Pensacola, FL 32526 (Candidates must reside within a reasonable commuting distance of the office.)
About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
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Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team’s discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Salary : $111,600 - $163,100