Risk Appetite and Risk Identification Management, Vice President

Key Responsibilities The Vice President will support the end-to-end quarterly Risk Appetite and Risk Identification assessment cycle, partnering with the ORM Risk Appetite Lead and the Head of the ORM Risk Appetite, ID, and Metric Team. Responsibilities include: * Support the end-to-end execution of the quarterly Risk Appetite Assessment process. This includes driving the initial data gathering, analysis, and drafting of the assessment to form a comprehensive view of the firm's operational risk profile against its stated appetite. * Oversee Risk Identification and Material Risk Inventory: Contribute to the firm’s process for identifying, assessing, and documenting material operational risks. This involves analyzing risk trends, reviewing emerging risks, and ensuring the firm’s central inventory of material risks is accurate, complete, and up-to-date. * Manage the Risk Metrics Lifecycle: Support the governance of the firm's operational risk metrics. This includes challenging the design of new metrics, reviewing the calibration of their thresholds, and ensuring they are effectively "cascaded" from the enterprise level to individual business lines for monitoring and reporting. * Facilitate Stakeholder Engagement and Alignment: Act as a key liaison between business-aligned risk teams and independent risk management functions. Lead calibration and challenge sessions to build consensus, ensure assessment conclusions are robust and well-supported, and verify that the firm's risk landscape is accurately reflected. * Support Governance and Senior Management Reporting: Ensure the risk assessment process adheres to both internal firm-wide policies and external regulatory requirements. Prepare assessment materials for submission to senior governance committees and support leadership in communicating results, key insights, and threshold breaches to executive stakeholders. * Drive Process Enhancement and Risk Culture: Continuously seek to improve the risk assessment process for greater efficiency and effectiveness. This includes enhancing the tools and methodologies used for risk identification and metric monitoring. Champion a strong risk culture by providing guidance to junior team members and promoting risk awareness and accountability across the business. * Review and challenge the effectiveness of risk mitigation strategies and control measures implemented by the 1st line of defense * Lead initiatives to improve operational risk management practices and enhance organizational resilience. * Is an enthusiastic and early adopter of change; takes ownership for helping others see a better future and stay positive during uncertainty. * Engages key stakeholders early and often and actively looks for opportunities to improve collaboration in achieving common goals Qualifications * Several years of experience in Internal Audit, Operational Risk, Compliance or a related control function within the financial services industry. * Robust understanding of risk management frameworks, including risk appetite, risk identification, and control assessments. * Strong analytical and problem-solving skills, with the ability to analyze complex data sets, challenge assumptions, and draw evidence-based conclusions. * Excellent communication and interpersonal skills, with a proven ability to collaborate effectively and influence stakeholders at all levels of the organization. * Experience in managing competing priorities in a dynamic environment, with a strong focus on delivering high-quality outcomes to established deadlines. * A proactive and 'no surprises' approach to communicating issues, with a strength in developing and sustaining an independent viewpoint. * Bachelor's/University degree is required; a Master's degree is preferred. Education: Bachelor's/University degree, Master's degree preferred Team/Role Overview Our team oversees the firm's comprehensive operational risk management process. This includes the firm-wide Risk...