Operational Risk Management assists senior management in identifying, assessing, and monitoring key risks and related controls. Working in Operational Risk Management is a unique opportunity and establishes a great foundation for a banking career, as risk management analysts are exposed to the broad scope of the bank holding company, its subsidiaries, and its operations.
The Risk Officer helps provide the leadership, analysis skills, and innovative thinking necessary to enhance and carry out Zions Bancorporation's Enterprise Risk Management (ERM) framework. Responsibilities include those listed below.
Analyzes risk and control data to provide insights to management and other risk stakeholders.
Administers risk assessment and control testing programs in a governance, risk, and compliance (GRC) tool.
Develops risk reporting for senior and executive management.
Develops and provides training for risk and internal control programs to stakeholders across the company.
Works with business line management to identify measures to help mitigate risk.
Identifies and assesses key risks (e.g. operational, financial reporting, etc.) and related controls.
Makes recommendations, develops, and implements other operational risk management initiatives.
Other duties as assigned.
The environment is dynamic, as risk analysts frequently evaluate different bank processes (on both micro and macro levels) and work with management (including executive management) throughout the entire Bancorporation.