The successful candidate will be based in Buenos Aires. The candidate will be responsible for :
Understanding growth or changes in business models and how these will impact operational risk
Supporting the evaluation and challenge on the implementation of the firm’s Operational Risk Management Framework ( ORMF ), promoting cross-
LOB / Function consistency and adoption of best practices.
Supporting the mitigation of catastrophic risks relating to Electronic Trading (E-Trading) Operational Risk Management
Supporting the build out the E-Trading Operational risk Management Framework designed to provide effective challenge to the growing E-
Trading Business activities across CIB Markets.
Challenging the implementation of the CIB E-Trading Operational Risk Framework.
Providing oversight and independent assessment of the risks identified by the first line of defense. Where appropriate, providing independent and credible challenge to the first line and escalating any new or emerging risks or issues.
Independently assesses operational risks for relevant Markets business through quantitative and qualitative means. Participate in the second line of defenses independent assessment which identifies risk drivers that may impact operational risk activities and the controls to help mitigate such risks.
Support the use of risk assessments to identify heightened areas of operational risk to independently monitor the risks and test the effectiveness of controls within the relevant Markets business.
Utilizing and reviewing key risk indicators (KRIs), key performance indicators (KPIs), and other metrics.
Leveraging a centralized strategy for metrics and dashboard reporting to support the CIB Markets ORM Mandate.
Reporting on results including changes in risk assessments, results of monitoring and testing.
Providing input into policies and standards established by Operational Risk and the second line of defense which set forth the requirements for CIB regarding the management of operational risk and enables oversight and independent assessment over operational risks inherent within the firm’s activities.
Liaising with key stakeholders across Markets including first, second and third line of defence.
Bring a focus upon internal process re-engineering, with a view to making recommendations and enhancements to existing Risk processes where opportunities arise
Stay abreast of industry news and regulatory developments to facilitate proactive risk identification and mitigation.
Review root cause analysis on internal operational risk events and maintain vigilance on external operational / market events
Minimum Bachelor degree; or sufficient compensating experience
Experience with risk management, product ownership, business management and operations, controls management, or application development with an emphasis on financial markets.
Understanding of Markets business, internal systems (including E-Trading systems), processes, front to back trade life cycle in detail an advantage
Excellent project management with successful track record of completion
Strong team player and self-starter
Passionate and capable of learning in a changing environment while delivering results