Operational Risk Manager

Operational Risk Manager page is loaded## Operational Risk Manager remote type:
Hybrid locations:
Merrillville, INtime type:
Full time posted on:
Posted Yesterday job requisition :
R2669

Recognizing and valuing diversity strengthens our ability to attract, retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we have. The collective sum of the individual differences, life experiences, knowledge and talent that our associates invest in their work represents a significant part of not only our culture, but our reputation and company’s achievement as well.
**** A Centier Associate
**** is someone who embodies a servant heart, is unaccepting of anything less than remarkable service, and is self-motivated and driven to deliver exceptional results. Access to our Marathon Health Clinics which provide FREE visits & prescriptions, Generous Paid Time Off benefit, Tuition Reimbursement, 401K match, Associate Stock Ownership Plan, Daycare Reimbursement, FREE Onsite Fitness Center/Fitness Reimbursements, Health and Wellness Programs, the ability to have a voice with our Diversity/Equity/Inclusion Council, Career Growth, Work/Life Balance, AND MORE.
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* Supervisory Responsibilities:

** Yes
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* Summary:

** Based within the Enterprise Risk Management (ERM) Group, the Operational Risk Manager is responsible for leading a team of analysts and officers that lead the build-out and evolution of the Bank's Second Line Operational Risk function, including Business Resiliency.  This role requires deep banking industry experience, strong theoretical and practical knowledge of risk management, and an aptitude for cross-functional collaboration;

and the ability to build partnerships and influence stakeholders toward improved risk management outcomes is key to success.
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* Essential Duties and Responsibilities:

** Operational Risk Management
* Champion the effective enterprise-wide management of operational risk, supported by end-to-end execution of the Operational Risk Management Program.
* Responsible for the build-out and evolution of the Operational Risk Management Program, framework, standards and procedures and ensure alignment with regulatory requirements and best practices.
* Responsible for leading and building out an enhanced risk and control framework which supports a continuous and integrated approach to risk assessment.
* Evaluate risk and control identification within key processes and perform gap assessments on control coverage as well as first line of defense identification processes.
* Manage second line of defense (SLOD) requirements related to the Governance, Risk & Compliance (GRC) application and Risk Assessment Processes.
* Oversee the performance of top-down risk analysis, real time control issue detection, escalation, root cause analysis and remediation.
* Responsible for the issues management program and process including logging, categorizing, assigning ownership, and tracking remediation plans to ensure timely resolution and closure of issues.
* Ensure on-going control improvements and strengthen the existing control environment.
* Build knowledge of policies and procedures, to implement necessary enhancements / improvements to minimize operational risk across the three lines of defense.
* Participate in project planning as required to assist business in developing appropriate internal control systems or to monitor significant changes in control systems.

Business Resiliency
* Responsible for developing, implementing, and maintaining the Business Resiliency Program, framework, standards and procedures and ensures alignment with regulatory requirements and best practices.
* Responsible for developing, implementing, and maintaining the corporate business continuity program including risk assessments, business impact analyses (BIAs), recovery plans, etc.
* Responsible for identifying business recovery strategies with management as the organization becomes more complex and large scale.
* Responsible for maintaining the enterprise-wide Incident and Crisis Management Program.
* Responsible for planning, performing, and debriefing regular resilience and continuity exercises to test the adequacy of existing plans and strategies, updating all components of Continuity planning leveraging test and exercise results.
* Create training and awareness presentations or materials for Business Resiliency, Incident, and Crisis Management Programs.
* Foster an environment among program participants of business resilience and recovery preparedness.

Other
* Prepare and present reports and presentations to the Enterprise Risk Management Committee and executive leadership team.
* Responsible for supporting the configuration, maintenance, optimization, and ongoing administration of the GRC solution for both the Operational Risk and Business Resiliency modules.
* Aggregate, structure, and analyze complex quantitative and qualitative data to derive actional insights for senior management.
* Maintain…