Operational Risk Manager

IDBNY•New York, NY

12h•Hybrid

About The Position

IDB Bank is seeking an experienced Operational Risk Manager to join its Risk Management organization as part of the Second Line of Defense (2LOD). The role is designed for a risk professional who brings strong judgement, firsthand operational risk experience, and the ability to add immediate value through disciplined execution and effective challenge. The Operational Risk Manager supports the Risk Management organization (Second Line of Defense) by strengthening the execution, consistency, and effectiveness of the Bank’s operational risk program. This role is for an experienced risk professional who brings strong judgment and the ability to evaluate end‑to‑end operational processes, identify key risk drivers, and assess the adequacy of control design and execution. The role focuses on operational risk oversight, review, and credible challenge, with an emphasis on how risks arise within business processes and ensuring appropriate monitoring, escalation, and disciplined follow‑through across core operational risk activities.

Requirements

Demonstrated experience and credibility in Operational Risk Management within a banking or financial services environment.
Strong ability to evaluate end‑to‑end operational processes, identify key risk drivers, and assess the adequacy of control design and execution.
Proven capability to contribute to and provide effective challenge across core operational risk activities, including RCSAs, issue management, and operational risk assessments.
Sound analytical judgment, with the ability to identify root causes, assess control effectiveness, synthesize risk themes, and prioritize issues pragmatically.
Clear, concise, and confident written and verbal communication skills, including the ability to challenge constructively and present risk insights to management and governance forums.
Ability to manage multiple priorities and operate effectively in a dynamic, evolving environment while maintaining quality and disciplined follow‑through.
Comfort leveraging risk management tools and data (e.g., GRC systems, Excel, or similar analytics tools) to support consistent risk analysis, tracking, and reporting.
Strong interpersonal skills, with demonstrated ability to build relationships, collaborate across functions, and function as a trusted risk partner with stakeholders at all levels.
Experience interacting with regulators (including the FDIC) and auditors, with the professionalism and discipline required to support examinations and reviews.
High degree of judgment, integrity, ownership, and initiative, with the maturity to adapt and operate effectively in a fast‑paced and regulated environment.

Nice To Haves

Advanced degree or professional certification (e.g., CRM, FRM) preferred.
Exposure to regulatory examinations or internal audit activities.
The ideal candidate brings a strong execution mindset and the capacity to improve effectiveness and efficiency across operational risk practices.

Responsibilities

Identify and assess operational risks through evaluation of end‑to‑end business processes, workflows, and activities, with a focus on understanding key risk drivers and control effectiveness.
Perform process‑level risk reviews to evaluate how operational risks manifest across end‑to‑end activities, including identification of control gaps, emerging risks, and systemic risk themes.
Support the execution and ongoing enhancement of the operational risk management framework, including risk identification, assessment, monitoring, escalation, and documentation.
Contribute to Risk and Control Self‑Assessments (RCSAs), including participation in risk identification discussions, review and credible challenge of assessments, monitoring quality and consistency and following up on gaps, issues, and action plans.
Support issue management activities, including root cause analysis, evaluation of corrective actions, and tracking of remediation progress to closure.
Monitor operational risk events, near‑misses, and emerging risk trends, ensuring appropriate escalation, documentation, and disciplined follow‑through.
Support operational risk assessments associated with new initiatives, material process changes, and enhancements.
Prepare and contribute to operational risk reporting for management and governance forums, including synthesizing risk themes, highlighting key drivers and trends, and ensuring reporting is clear, accurate, and decision‑useful.
Provide effective second‑line challenge and advisory support to the first line of defense, promoting strong risk identification and sound control practices.
Support regulatory examinations, internal audits, and reviews related to operational risk.