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EAC Compliance & Operational Risk Specialist

Jersey City, New Jersey;

Job Description:

The Enterprise Area of Coverage (EAC) Compliance & Operational Risk (C&OR) Specialist is an individual contributor member of an EAC C&OR team that is responsible for enterprise-wide oversight of processes, controls, laws, rules, and/or regulations that have enterprise-wide applicability, affecting two or more Front Line Units or Control Functions (“FLU/CF”) (examples include Third Party, Privacy, Reg W). Responsibilities include identifying, escalating and mitigating risks in a timely manner in alignment with the C&OR Management (“CORM”) Program, with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively “the Policies”), and delivering on the other requirements in the Policies.
The EAC C&OR Specialist assists in engaging other C&OR officers, including horizontal coverage owners and EAC, to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The EAC C&OR Specialist also assists in preparing materials for C&OR regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audits/inquiries.

Activities this role performs for their area of coverage include, but are not limited to:

• Assists in the development of independent risk management reporting as input into governance and management routines
• Assists with the oversight of FLU/CF training, which may include content development and/or tracking and communication of completion rates
• Assists with the development and maintenance of C&OR-owned policies and standards to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable
• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory; may support communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirements
• Assists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues and control enhancements
• Assists in remediating C&OR “owned” issues and control enhancements
• Executes C&OR Monitoring, Testing, and Assessments; communicates results
• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
• Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls
• Supports Scenario Analysis activities to provide a forward-looking estimate of hypothetical operational losses
• Assists with the development of risk metrics, monitors related performance and breach remediation

The Enterprise Change Compliance and Operational Risk (EC COR) EAC Specialist assists in engaging other EC COR officers, including horizontal coverage owners and EACs, to provide comprehensive oversight of FLU/CF activities.

This role assists in developing and maintaining a global coverage plan which defines the The Enterprise Change Compliance and Operational Risk (EC COR) EAC Specialist assists in engaging other EC COR officers, including horizontal coverage owners and EACs, to provide comprehensive oversight of FLU/CF activities.

This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities.

Activities this role performs for their area of coverage include, but are not limited to:
•    Assists in the development of independent risk management reporting as input into governance and management routines
•    Assists in identifying, aggregating, reporting, escalating, inspecting, and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues, control enhancements and identification of non-performing metrics
•    Assists in remediating EC COR “owned” issues and control enhancements
•    Executes EC COR Monitoring, Testing, and Assessments; communicates results
•    Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
•    Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls
•    Assists with the development of risk metrics, monitors related performance and breach remediation

This role will facilitate responsibilities for the EC COR Risk Manager and/or Officer supporting Global Technology and Operations change. This includes:
•    Oversight of current Change Management Processes, Controls and Metric Management and process management activities
•    Coordination with EC COR reporting team and review of Business Enablement and Key Risk Indicator (KRI) management results
•    Coordination with FLU Change Executives, Proxies, Program Management Offices, and/or business control teams for non-performance insight and commentary
•    Escalation of missing or inaccurate reporting with-in governance and as input into Change Risk Officer monitoring and assessment of change controls and activities

Required Skills:

• Bachelor's degree 
• 5 years of relevant risk/compliance experience in evaluating controls and/or change management
• Working knowledge of Global Compliance and Operational Risk processes and procedures wither directly or from a first line capacity
• Working knowledge of Process Owner Accountability methodology and tools including PRC, POP and ORCIT 
• Extensive data analysis and associated data presentation
• Ability to analyze data and trends at a deeper level, report and escalate when needed, recognize trends in performance and identify systemic skill gaps to curate solutions.
• Demonstrates the knowledge, skills, motivations, and behaviors required to be a successful meeting facilitator, such as: 
-Delivering materials effectively while maintaining audience attention
-Using a variety of methods to effectively facilitate discussions and transfer information to key audience
• Demonstrated ability to develop and deliver concise, professional communication to various levels of the organization from senior leaders to front line change practitioners
• Seeks best practices and insights, reaches beyond own experience, engages top performers and global resources for input on best practices
• Identifies key drivers and opportunities; identifies levers that influence trends; then prioritizes focus for greatest and most critical impact
•Demonstrates personal accountability to drive new initiatives that accelerate adoption, drive skills development, and take performance to the next level

Desired Skills: Knowledge of or certification in law, rule, regulation or area of coverage (i.e.: SCRA, Privacy); Association of Privacy Professional (IAPP) accredited certification programs for Privacy EAC

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The Enterprise Area of Coverage (EAC) Compliance & Operational Risk (C&OR) Specialist is an individual contributor member of an EAC C&OR team that is responsible for enterprise-wide oversight of processes, controls, laws, rules, and/or regulations that have enterprise-wide applicability, affecting two or more Front Line Units or Control Functions (“FLU/CF”) (examples include Third Party, Privacy, Reg W). Responsibilities include identifying, escalating and mitigating risks in a timely manner in alignment with the C&OR Management (“CORM”) Program, with the Global Compliance -- Enterprise Policy, the Operational Risk Management -- Enterprise Policy (collectively “the Policies”), and delivering on the other requirements in the Policies.
The EAC C&OR Specialist assists in engaging other C&OR officers, including horizontal coverage owners and EAC, to provide comprehensive oversight of FLU/CF activities. This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities. The EAC C&OR Specialist also assists in preparing materials for C&OR regulatory exams/audits/inquiries and may assist with preparation for FLU/CF regulatory exams/audits/inquiries.

Activities this role performs for their area of coverage include, but are not limited to:

• Assists in the development of independent risk management reporting as input into governance and management routines
• Assists with the oversight of FLU/CF training, which may include content development and/or tracking and communication of completion rates
• Assists with the development and maintenance of C&OR-owned policies and standards to ensure regulatory and operational risk requirements are appropriately addressed, inclusive of conduct risk as applicable
• Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory; may support communication of regulatory changes to the FLU/CF and ensuring that policies, standards, procedures and/or processes are appropriately implemented or amended to address regulatory requirements
• Assists in identifying, aggregating, reporting, escalating, inspecting and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues and control enhancements
• Assists in remediating C&OR “owned” issues and control enhancements
• Executes C&OR Monitoring, Testing, and Assessments; communicates results
• Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
• Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls
• Supports Scenario Analysis activities to provide a forward-looking estimate of hypothetical operational losses
• Assists with the development of risk metrics, monitors related performance and breach remediation

The Enterprise Change Compliance and Operational Risk (EC COR) EAC Specialist assists in engaging other EC COR officers, including horizontal coverage owners and EACs, to provide comprehensive oversight of FLU/CF activities.

This role assists in developing and maintaining a global coverage plan which defines the The Enterprise Change Compliance and Operational Risk (EC COR) EAC Specialist assists in engaging other EC COR officers, including horizontal coverage owners and EACs, to provide comprehensive oversight of FLU/CF activities.

This role assists in developing and maintaining a global coverage plan which defines the scope and risk-based focus of the second line’s risk management activities.

Activities this role performs for their area of coverage include, but are not limited to:
•    Assists in the development of independent risk management reporting as input into governance and management routines
•    Assists in identifying, aggregating, reporting, escalating, inspecting, and challenging remediation plans, and performing thematic analysis on FLU/CF-owned issues, control enhancements and identification of non-performing metrics
•    Assists in remediating EC COR “owned” issues and control enhancements
•    Executes EC COR Monitoring, Testing, and Assessments; communicates results
•    Reviews and challenges the FLU/CF process, risk, control (PRC) inventory and FLU/CF Risk & Control Self-Assessment (RCSA)
•    Supports the review and challenge of internal and external operational loss events, including development of remediation plans to strengthen controls
•    Assists with the development of risk metrics, monitors related performance and breach remediation

This role will facilitate responsibilities for the EC COR Risk Manager and/or Officer supporting Global Technology and Operations change. This includes:
•    Oversight of current Change Management Processes, Controls and Metric Management and process management activities
•    Coordination with EC COR reporting team and review of Business Enablement and Key Risk Indicator (KRI) management results
•    Coordination with FLU Change Executives, Proxies, Program Management Offices, and/or business control teams for non-performance insight and commentary
•    Escalation of missing or inaccurate reporting with-in governance and as input into Change Risk Officer monitoring and assessment of change controls and activities

Required Skills:

• Bachelor's degree 
• 5 years of relevant risk/compliance experience in evaluating controls and/or change management
• Working knowledge of Global Compliance and Operational Risk processes and procedures wither directly or from a first line capacity
• Working knowledge of Process Owner Accountability methodology and tools including PRC, POP and ORCIT 
• Extensive data analysis and associated data presentation
• Ability to analyze data and trends at a deeper level, report and escalate when needed, recognize trends in performance and identify systemic skill gaps to curate solutions.
• Demonstrates the knowledge, skills, motivations, and behaviors required to be a successful meeting facilitator, such as: 
-Delivering materials effectively while maintaining audience attention
-Using a variety of methods to effectively facilitate discussions and transfer information to key audience
• Demonstrated ability to develop and deliver concise, professional communication to various levels of the organization from senior leaders to front line change practitioners
• Seeks best practices and insights, reaches beyond own experience, engages top performers and global resources for input on best practices
• Identifies key drivers and opportunities; identifies levers that influence trends; then prioritizes focus for greatest and most critical impact
•Demonstrates personal accountability to drive new initiatives that accelerate adoption, drive skills development, and take performance to the next level

Desired Skills: Knowledge of or certification in law, rule, regulation or area of coverage (i.e.: SCRA, Privacy); Association of Privacy Professional (IAPP) accredited certification programs for Privacy EAC

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21074198

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

James Henry

Referral Bonus:

0