Vacancy expired!
Job Description
JOB INFORMATIONThe Enterprise Operational Risk Loss events team is responsible for managing and leading all aspects of operational risk loss data. Our team works with business partners across the enterprise to ensure we can identify, quantify, mitigate and communicate the risk associated with operational risk losses.
As an Advisor on this team, you will assess risks from unauthorized trading, software or hardware failures, lack of oversight of operations, or contingencies that would trigger disaster recovery programs. Assess threats to data integrity and security of networks and the consequences of failures or breaches. Recommend or implement risk mitigation strategies or practices.
KEY JOB FUNCTIONS- Confer with management of units whose operational risk losses are tracked to understand operational processes and to identify likely intersections, handoffs, bottlenecks, and access points where operational risk is greater. Establish metrics for the business unit.
- Assess, measure, and report operational risk losses, using established methodology and criteria. Assign and prioritize work to staff according to corporate standards and regulatory reporting requirements.
- Assess proprietary applications developed for staff to use in aggregating, analyzing, and assessing operational risk losses in the course of studying assigned units. Suggest business or system requirements to technical staff for refinements of these applications.
- Prepare assessments or reports for business unit management, division or corporate management. Suggest adaptations to operational risk assessment tools, policies, or procedures based on empirical data generated by current experience.
- Represent the unit as an expert or resource to cross-functional project or coordinating teams.
Qualifications
MINIMUM REQUIRED SKILLS & EXPERIENCE- Bachelor’s degree or Equivalent Education Level
- 6+ years of experience at a large, complex financial institution, ideally with a background managing internal loss data program, inclusive of oversight activities/requirements, establishing guidelines and data capture requirements
- Experience in a highly dynamic environment undergoing change; ability to function effectively at all levels of the organization in a highly complex business environment, dealing with competing priorities
- Strong written and verbal communication, problem solving, collaboration and negotiation skills, required
- Experience and knowledge of US regulatory requirements for sound operational risk management (e.g. FHFA)
- Record of providing subject matter expertise, advising on risk management best practices and conducting analysis to strengthen risk posture.
- Exposure to Advanced Measurement Approach operational risk methodology strongly desired.
- Displays sound judgement in whether or not to escalateoperational risk concerns and issues to senior management and the board of directors as appropriate.
- Record of using expertise to provide effective challenge of 1st line of defense risk teams.
- Experience providing guidance and training to operational risk management staff on how to adhere to requirements within the operational risk management framework.
As a condition of employment with Fannie Mae, any successful job applicant will be required to successfully complete a background investigation.
Additional Information
The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.
Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [emailprotected]JOB ID: REF3171Z
#LI-HDZ
Vacancy expired!