Senior Operations Risk Manager

1. Our client, a world leading voice and electronic wholesale brokerage, seeks
a Senior Operational Risk Manager for their NYC area office.
Overview of Role
Reporting directly to the Director of Americas Risk Management, the Senior
Operational Risk Manager (SORM) will actively work across all business units to
identify, manage and mitigate areas of risk which might arise from inadequate or
failed internal processes, people and systems, or from external events. The SORM,
wit the Ops Risk Team, will monitor daily operating statistics, regularly assess areas
perceived as high risk with an eye on mitigation and partner with business units on a
variety of risk-related projects.
The SORM will have high visibility within the organization and will find superior
performance rewarded with opportunity for significant career growth.
Each day can present new challenges and our client seeks an SORM who can think
independently, interact with management, and drive value on a variety of initiatives.
Principal Responsibilities & Accountabilities of the SORM
♦ Assist in the implementation of the operational risk strategy in the Americas
♦ Embed an operational risk culture throughout the Americas region to promote
transparency and accountability for inherent risk and controls
♦ Promote best practices for control with the business and support areas
♦ Identify, manage, strengthen and alert management on all key residual risks and
controls from front to back office
♦ Perform and coordinate framework risk components including:
Operational Risk Reporting and Analysis
New Business Initiatives Risk Reviews
Record Operational risk incidents and associated process breakdowns
Report Key Risk Indicators and deriving root cause for significant deviations
Risk and Control Self Assessments (RCSA) and due-diligence reviews
Document action plans and report on issue status from RCSA’s and Audits.
♦ Challenge the status quo by serving as an internal risk consultant to the
operating functions and business lines.
♦ Update and maintain all operational risk management systems, models,
procedures and tools.
♦ Participate in project teams and liaise with the business unit representatives.
♦ Work closely with internal audit, compliance and other key control functions for
integrated control reviews.
♦ Build and maintain strong relationships with business management, business
support heads and other areas of risk management domestically and
internationally.
Qualifications & Experience
♦ Bachelors Degree required; graduate degree preferred.
♦ 4-7+ years post-undergrad work experience within brokerage or trading in
operations, audit, operational project management or internal consulting
required; additional management consulting experience preferred.
♦ Project Management experience within a securities environment, including
workflow and control gap analysis and remediation and presentations of findings
to executive management.

2. ♦ A strong understanding of front-to-back process flows for a wide variety of traded
products including debt, futures, equity, credit derivatives and stock loan
transactions.
♦ Knowledge of industry and regulatory standards of Operational Risk Management.
♦ Superior oral and written communications skills, with the demonstrated ability to
act as a lead facilitator and translate business requirements into actionable
control processes and systems.
♦ Strong MS Excel, Word, and Power Point skills.
Interested, qualified candidates should email a resume in confidence with cover
letter to dan.ogden@rockwood-search.com.