Valley Bank

Operational Risk Manager

Valley Bank  •  Morristown, NJ (Onsite)  •  14 days ago
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Job Description

Responsibilities include but are not limited to:
  • Oversee the firm wide issue, action and operational risk event identification, escalation, and tracking process for specific business lines. Work with control groups to ensure analysis of issues, actions and events identified, escalated, and documented within the GRC system.
  • Lead and perform operational risk assessments for bank departments, including risk evaluation, documentation, and reporting of findings, trends, and recommendations to Executive Management.
  • Partner with department managers to identify operational risks, develop and refine key risk indicators (KRIs), and support ongoing risk monitoring and mitigation activities.
  • Assist Risk Management on significant risk related projects, initiatives and special risk assessments that impact the risk profile of the bank.
  • Prepare and produce quarterly Board level operational risk reports, including benchmarking the bank's performance against peer institutions.
  • Stay current on regulatory requirements, industry best practices, and emerging risks by participating in relevant professional associations, conferences, and internal and external training programs; maintain required certifications as applicable.
Qualifications Required Skills:
  • Comprehensive knowledge of the functions of bank departments and of the banking industry.
  • Demonstrated operational skills.
  • Ability to effectively respond to shifting priorities and assignments.
  • Proficient PC skills for Microsoft Office -- Word, Excel and Outlook. Some knowledge of Access.
  • Excellent verbal and written communication skills. Ability to use communication skills to effectively manage correspondence with all levels of bank staff, senior and executive management and representatives of outside organizations.
  • Developed analytical skills. Basic mathematical skills.
  • Ability to read, analyze and interpret complex documents.
  • Well organized and detail oriented.
  • Ability to meet deadlines and expectations with little or no supervision.

Required Experience:
  • Bachelors Degree in finance, business administration, risk management, or a related field.
  • Minimum of 5 years of experience in operational risk management or a related area within a financial services environment.
  • Strong understanding of risk management frameworks, regulatory requirements, and industry best practices.
Valley Bank

About Valley Bank

At Valley, we aren’t just your average financial institution; we're your trusted partner in building a brighter future. With a widespread presence across the U.S., we've been serving communities since 1927.

For over 95 years, our team of dedicated professionals has been committed to creating better banking opportunities for our customers and fostering growth and prosperity in the communities we serve. From personalized financial solutions to comprehensive banking services, home mortgages, commercial lending, and wealth management, we're here to help you achieve your financial goals, no matter how big or small.

We understand that each individual and business has unique challenges and opportunities, and we're here to listen, understand, and provide tailored solutions to help you succeed.

©2025 Valley National Bank. Member FDIC. Equal Opportunity Employer. Equal Housing Lender. All Rights Reserved.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Morristown, New Jersey
Year Founded
1927
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