Operational Risk Manager
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Overview
Remote
On-site
Compensation
$75-$80/hour
Job Description
This position is hybrid in Jersey City. Rate $75-80/hr W2Description 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
cwing@LenmarIT.com
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FAQs About Operational Risk Manager Jobs at Lenmar Consulting, Inc.
What is the work location for this position at Lenmar Consulting, Inc.?
This job at Lenmar Consulting, Inc. is located in Jersey City, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Lenmar Consulting, Inc.?
Candidates can expect a pay range of $75–$80 per hour for this role.
What employment applies to this position at Lenmar Consulting, Inc.?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Lenmar Consulting, Inc.?
You can apply for this role at Lenmar Consulting, Inc. either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.