Operational Risk Manager Jobs in Detroit, MI (NOW HIRING)

Job Description Summary

Job Description

Under general supervision, uses knowledge and skills obtained through education and experience to support operational risk management activities of moderate scope and complexity. Assists in identifying, assessing, and documenting operational risks within assigned business processes. Partners with colleagues and business process owners to evaluate control environments and recommend improvements to strengthen internal controls and mitigation strategies. Guidance is provided for complex assignments requiring analysis, judgment, and problemsolving. Maintains routine contact with internal stakeholders to research issues, resolve questions, and support risk management objectives.

Essential Duties and Responsibilities

• Supports ongoing operational risk management activities in accordance with internal standards, policies, and applicable regulatory requirements.

• Assists in identifying, reviewing, assessing, and documenting operational risks and control issues within assigned business processes.

• Performs data collection and analysis to identify trends, deviations, and emerging risks.

• Monitors risk metrics and assists in assessing whether risks fall within established risk appetite.

• Identifies instances of noncompliance with internal policies, procedures, and regulatory requirements and escalates issues as appropriate.

• Prepares moderately complex documentation, reports, and summaries related to risk assessments and control effectiveness.

• Develops and maintains an understanding of assigned business areas, products, and supporting functions.

• Responds to internal inquiries related to risk management processes and policies, escalating issues requiring interpretation when necessary.

• Builds and maintains key relationships with stakeholders demonstrating a culture of engagement and assistance.

• Supports riskrelated projects focused on the development, analysis, and monitoring of control metrics to assess control effectiveness and inform risk management decisions.

• Performs other duties and responsibilities as assigned.

Knowledge of

• Fundamental concepts, practices, and procedures of risk management.

• Internal controls and mitigation strategies.

• Fundamental concepts of financial markets and products.

Skill in

• Strong interpersonal skills for interfacing with all levels of management.

• Strong analytical skills, particularly with regard to assessing the probability and impact of an internal control weakness.

• Preparing clear, concise written reports and documentation.

• Enthusiastic, self-motivated, effective under pressure.

• Proven ability to manage time and deliver against deadlines.

Ability to

• Maintain attention to detail while understanding broader business impacts.

• Gather information, identify linkages and trends and apply findings to assignments.

• Interpret and apply policies and identify and recommend changes as appropriate.

• Organize, manage and track multiple detailed tasks and assignments within budgeted hours.

• Identify, assess, prioritize, and manage operational and projectrelated risks.

• Work independently, demonstrating initiative and problem-solving skills.

• Establish and maintain effective working relationships at all levels of the organization.

Licenses/Certifications

• None Required

Travel Required:

• No

Education

Work Experience

Certifications

Travel

Workstyle

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt, pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm

At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.