Risk Officer - Operational Risk Events and Operational Losses - Salt Lake City,
Salt Lake City, UT 
Share
Posted 1 day ago
Job Description

Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the "Best Banks to Work For" and as having a top banking team in its list of "The Most Powerful Women in Banking." Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a "local" business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

We are looking for a Risk Officer in a hybrid capacity. This role focuses on overseeing the Operational Risk Event Reporting and the Operational Loss reporting programs. Operational risk is inherent in all bank products, services, and activities, and the effective management of operational risk is a fundamental element of effective enterprise risk management. The Enterprise Risk Analytics department is hiring a new team member to oversee these programs and work with the first line of defense to help them identify Operational Risk Events and losses. This role sits in the second line of defense and independently reviews Operational Risk Events and operational losses and reports the results to senior and executive leadership, management committees, and the Board.

Responsibilities:

The Risk Officer builds relationships with team members and leadership of key oversight areas and provides routine review and challenge of governance, processes and controls surrounding daily operations, change management and new initiatives.

Responsibilities include monitoring Operational Risk Events and Operational Losses, ensuring that they are reported accurately and timely.

Specific responsibilities include the following:

  • Work with the First Line of Defense assisting them with completing the Operational Risk Event form.
  • Review and challenge submitted events and follow up with the first line of defense to ensure that all information regarding an operational risk event is captured in the system.
  • Monitor Operational Risk Events and facilitate Post Event Reviews as needed.
  • Serve as the Program Administrator for the Operational Risk Event module in our GRC platform.
  • Identify system and workflow enhancements that will improve the efficiency of the Operational Risk Event Reporting program.
  • Responsible for Operational Loss reporting by performing monthly General Ledger reconciliation to identify potential Operational Risk Events.
  • Enter operational loss data into the Enterprise Case Management tool.
  • Develop and deliver periodic risk reports for senior and executive management.
  • Develop, implement, and maintain applicable Operational Risk Event Reporting training, as needed.
  • Develop and deliver periodic risk reports and analyses to senior and executive management.
  • Other duties as assigned.

Qualifications:

  • Requires a bachelor's degree and 4+ years of risk management, auditing, compliance, legal/regulatory, finance or other directly related experience.
  • Strong interpersonal, critical thinking, problem resolution, attention to detail, and analytical skills required.
  • Must have excellent presentation and communication skills, both verbally and written.
  • Ability to effectively build relationships, work on cross-departmental teams and engage with senior management.
  • Experience working with banking applications, processes, procedures, and controls.
  • A combination of education and experience may meet qualifications.

Benefits:

  • Medical, Dental and Vision Insurance - START DAY ONE!
  • Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
  • Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
  • Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays
  • 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
  • Mental health benefits including coaching and therapy sessions
  • Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
  • Employee Ambassador preferred banking products


 

Job Summary
Company
Zions Bancorporation
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Salary and Benefits
Open
Required Education
Bachelor's Degree
Required Experience
Open
Email this Job to Yourself or a Friend
Indicates required fields