Operational Risk Management Coordinator

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written!

If you are interested and qualified for this role, we invite you to apply.

Supports the Operational Risk Director regarding all aspects of the Operational Risk program. Responsibilities include facilitating the identification of risks throughout the organization, developing, reporting and monitoring formats on risk management issues and developing methodologies for the assessment of risks throughout the organization. Performs critical analysis for senior officers of possibly highly confidential and/or highly sensitive nature; maintaining effective liaison with company executives and managers.

Essential Functions/Responsibilities

• Insurance Review - Responsibilities include coordinating of insurance reviews with brokers and consultants; filing claims for captive insurance; maintains internal 'clearing house' for effective oversight and management of claims and loss control activities, assessing appropriateness of coverage by identifying exposures, recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures.
• Oversees the Model Risk program, inventory and validation schedule.
• Prepares a variety of reports; compiles, researches and analyzes difficult or sensitive information; computes statistics and prepares reports; distributes to appropriate persons or agencies.
• Provides support and guidance to the bank's risk management efforts, serves as an advisor to Senior Management; assists regulatory agencies and/or auditors inquires; reviews and writes related policies and procedures; makes recommendations to senior management when and where appropriate; required to submit reports to the Board of Directors detailing the bank's risk issues.
• Helps enhance the risk management risk assessment framework through standards, risk assessments, monitoring and technology; acts as liaison between Lines of Business.
• Coordinates special assignments as assigned. Assumes responsibility for special projects, gathers data, and prepares for senior management, and research on assignments.
• Follows up within scope of own authority; drafts letters, memos, and various reports; gathers and organizes data.
• Reviews policies and procedures and recommends changes to minimize risk.
• Responds to inquires or refers inquires to the appropriate department or person, while exhibiting the necessary follow through.
• Proactively identify and address risk issues and weaknesses in existing products, policies, and processes. Assist with the overall operational assessment process and ongoing monitoring of outstanding items requiring follow-up and resolution.
• Other Duties as assigned.

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

• Corporate Insurance Policy and Claims Management
• BA or BS degree
• Desired experience includes four years related to, or compatible with, risk management or audit, compliance, operational analysis ("Six Sigma") or related bank experience. Must pursue continuing education requirements as established in annual review and goal process
• Excellent verbal and written communication skills and effective listening skills plus ability to read and interpret documents such as policies, laws, regulations and documents.
• Ability to write moderately complex reports and correspondence and speak effectively before groups of employees.
• Ability to apply logic and reasoning to variable data of moderate complexity and to modify, translate, and summarize such data for analysis by others.
• Able to act proactively and independently once given strategic direction.
• Computer proficiency, specifically in MS Office (Word, Excel, Power Point etc.)

Degree of Independence and Decision-Making

• Must be independent and capable of independent decision making while demonstrating ability to exercise good judgment in assessing the significance and relevance of identified operational risks and timely escalation to the Chief Risk Officer, Chief Compliance Office, Audit Committee and/or Board of Directors

Required Supervisory Responsibilities

• None

Compliance Statement

The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.

We are an E-Verify Employer.