Operational Risk Mgmt. Advisor

The Operational Loss Scenario Analyst supports the Bank's operational risk management program by assisting in the development, analysis, documentation, and reporting of operational loss scenarios. The role is responsible for analyzing operational loss data, supporting scenario workshops, evaluating risk exposures, and producing reports that help management understand potential operational risk impacts.

Key Responsibilities

Scenario Analysis Support

• Assist in the development and documentation of operational risk scenarios.
• Support scenario workshops by gathering data, preparing materials, and documenting outcomes.
• Research internal and external operational risk events to support scenario development.
• Maintain scenario inventories, supporting documentation, and working papers.
• Ensure scenario documentation is complete, accurate, and aligned with established methodologies.

Operational Loss Analysis

• Analyze operational loss events and loss trends across business lines.
• Compile and validate operational loss data from internal systems and repositories.
• Perform quantitative and qualitative analysis to identify loss drivers, emerging risks, and areas of concentration.
• Assist with estimating potential financial impacts associated with operational risk scenarios.
• Support the collection and reconciliation of historical loss information.

Risk Assessment and Reporting

• Prepare routine operational risk and scenario analysis reports.
• Develop dashboards, metrics, and presentations for management committees and risk governance forums.
• Summarize analysis results, assumptions, and key findings for stakeholders.
• Support operational risk assessments by providing data and analytical insights.
• Assist in identifying low-frequency, high-severity operational risk exposures.

Governance and Documentation

• Maintain records of scenario assumptions, methodologies, and supporting evidence.
• Assist with management challenge sessions and documentation of feedback.
• Support preparation of materials for risk committees, internal audit, and regulatory examinations.
• Ensure compliance with operational risk policies, procedures, and governance standards.
• Track action items arising from scenario reviews and challenge sessions.

Stress Testing and Risk Monitoring Support

• Assist in the analysis of operational risk scenarios used in enterprise stress testing activities.
• Support assessment of risks related to:
• Fraud events
• Cybersecurity incidents
• Technology disruptions
• Third-party failures
• Process breakdowns
• Regulatory and compliance events
• Monitor emerging risk information and industry developments relevant to operational risk.

Required:

• 1-3 years of experience in the following:
• Operational Risk Management
• Enterprise Risk Management
• Internal Audit
• Fraud Risk Management
• Compliance
• Banking Operations
• Financial Analysis