The Operational Risk Officer is responsible for supporting and enhancing the Bank’s operational risk program. The Operational Risk Officer serves in an advisory role and acts as the focal point for operational risk related activities. The Officer partners with business lines to mitigate the impact of activities that may expose the Bank to loss, regulatory or reputation risks, or to risk levels that exceed desired risk appetite through its business activities. Responsibilities include creating and overseeing the operational risk assessment process; participating in the introduction of new products and/or services; performing periodic monitoring of controls; preparing reports for a variety of audiences, including the Risk Oversight Committee; and participating in and supporting exams and audits, as appropriate. This position may also support activities of the Vendor Management Department and Information Security Department.
BS/BA degree with a minimum of 5 years banking/financial institution experience. Experience working on/managing projects across multiple functional areas and dealing with multiple business partners. Ability to grasp complex processes quickly and identify risks and compensating controls. Excellent problem solving abilities and results oriented. Proven ability to work independently and as part of a team. Strong leadership skills and ability to influence others. Excellent oral, written and interpersonal skills. Strong analytical/research skills coupled with ability to effectively summarize findings. Ability to adapt to change and communicate changing requirements. Proficient PC skills with experience in Microsoft Office, Outlook and SharePoint. Excellent organizational skills and meticulous attention to detail.
Middlesex Savings Bank is an EO/AA Employer: Min/Fem/Vet/Disabled
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