Director of Operational Risk & Regulatory Compliance recruitment
Global commerical bank is on the search for a director operational risk and compliance. The executive will have operational risk oversight for the firms personal and commercial banking lines. The director of operational risk and compliance will work with risk partners throughout the institution to design, develop, implement and manage the operational risk model for the group. Key areas of focus will be related to the compliance and regulatory functions within the firm, including key regulatory requirements (Basel II, OCC, AML, USA PATRIOT ACT, etc). Relationship building is key as the director will work with key members throughout the bank including financial, operational, compliance, and technology groups.
The candidate will:
*Support business monitoring and validation activities.
*Design, develop, implement and manage a quality control framework; to make sure processes will pass new regulations.
*Risk management and control.
*Event management .
*Assess the impact of control deficiencies and inherent risks, including the evaluation of compliance requirements.
*Assist with validation of Key Milestones surrounding compliance and regulatory gaps. This includes assessment of documentation quality and sufficiency, evaluation of management's internal validation procedures, consideration of inter-dependencies, and responsiveness to findings issued by Internal Audit or regulatory comments.
*Effectively build and manage larger and more effective teams.
*Act as a coach to assisting resources.