Assistant Vice President, Operational Risk Management

Golub Capital•Chicago, IL

5d•$115,000 - $135,000•Hybrid

About The Position

The Operational Risk Management (“ORM”) Department is responsible for the Risk Mitigation Framework. The Risk Mitigation Framework provides the process, tools and approach that are needed to support and enhance the control environment required to minimize operational risks related to Golub Capital’s non-investment functions. The Risk Mitigation Framework was created to minimize material losses, provide process and internal control oversight, and anticipate potential material loss events. The Risk Mitigation Framework is comprised of a set of consistent and repeatable elements that allow Golub Capital to identify, assess, mitigate, and report on the operational risk profile of the firm. The Risk Mitigation programs include Risk and Control Self-Assessment (“RCSA”), Issue Management (“IM”), Vendor Risk Management (“VRM”), Business Continuity Management (“BCM”), and Internal Control Testing (“ICT”). The essential functions of the Assistant Vice President, Operational Risk Management role includes participation in the assessment of risks the Firm faces and supporting a comprehensive plan to identify, measure, monitor and report risk components. We are looking for an individual to support the continued development of this function and to help us take the program to the next level. This individual will serve as a subject matter expert for the VRM and BCM programs, expand the program's capabilities, increase participation in the programs and drive process improvements. This role will require strong project management skills to develop detailed plans, track progress, handle obstacles and ultimately deliver new initiatives on budget and on schedule. In addition to managing the project tasks, the candidate will gain a thorough understanding of the deliverables. This is an internal client-facing role requiring communication with users at all levels of the organization. As a result, exceptional verbal and written communication skills are a must.

Requirements

Bachelor’s Degree in relevant field and 5+ years of experience in financial services risk management, third-party / vendor risk management, Management Information System (MIS) or related role
Appropriate knowledge of financial services industry practices, internal controls and regulatory requirements
Understanding and experience with operational loss causes, measures and mitigation strategies
Experience analyzing excel reports with ability to leverage formulas preferred
Experience working with a Governance, Risk and Compliance (GRC) tool (e.g., MetricStream) or other risk management information systems preferred
Assertive, self-motivated, team oriented, flexible and able to multi-task
Excellent analytical and problem-solving skills
Exceptional written and verbal communication skills; capable of communicating effectively across all levels of the organization
Attention to detail and strong organizational skills, including the ability to handle several projects
Highly motivated and resourceful in a fast-paced, growth environment; successful working both independently and as a team member
Ability to probe sensitive issues while maintaining the highest level of integrity and objectivity
Enthusiastic about working in office and creating a Gold Standard hybrid work culture

Nice To Haves

Certifications (Preferred): Operational Risk Management Certificate, Certified Third Party Risk Management Professional (C3PRMP), Certified Internal Auditor (CIA), Financial Risk Manager (FRM) Designation; Project Management (PMP)

Responsibilities

Oversee the development and implementation of initiatives and tasks associated with the VRM and BCM programs
Guide the implementation of the VRM framework, providing strategic direction to the First Line of Defense
Manage the central vendor repository for the Firm and oversee the automation of vendor on-boarding and off-boarding processes
Facilitate oversight of vendor risk, ensuring vendor relationship owners and management have visibility of existing and emerging threats and identifying mitigation strategies
Lead the execution of VRM training to ensure effective application and awareness of the program throughout the Firm
Stay informed about the latest developments and regulations in the industry, ensuring compliance and proactive adaptation
Liaise with third-party vendors as required, maintaining strong professional relationships
Build and maintain VRM and BCM-related reporting to meet the needs of senior management and oversight committees
Proactively identify, track and analyze operational risks within Golub Capital, implementing critical control improvements
Represent team interests at internal meetings, committees and working groups
Cultivate and build relationships with key Operational Risk Management stakeholders, promoting a robust risk culture