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Company Contact Info

  • 850 Main Street
    Bridgeport, CT 06604

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Operational Risk Specialist

People's United Bank • Bridgeport, CT

Posted 6 days ago

Job Snapshot

Full-Time
Banking - Financial Services
Banking
4

Applicants

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Job Description

Overview

People’s United Bank is a subsidiary of People’s United Financial, Inc., a diversified financial services company with over $40+ billion in assets. Founded in 1842, we are a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.

 In the performance of their respective tasks and duties all employees are expected to conform to the following:
• Perform quality work within determined timeframes.
• Interact professionally with other employees, customers and vendors.
• Work effectively as a team contributor on all assignments.
• Work independently while understanding the necessity for communicating and coordinating work efforts with other employees, departments, divisions, etc.
• Work on additional tasks, assignments and projects as needed.

This position is responsible for providing general support for the People's United Bank Operational Risk program while learning the fundamentals of Operational Risk. The Operational Risk Specialist will be exposed to all areas within Operational Risk including Risk Management, Control Assessment, Systems and Reporting, and Model Validation. This position will act as a floating resource, providing support across all teams while developing risk management skills and expertise.

Provides support and gains exposure to Risk Assessment, Control Assessment, Risk Systems and Reporting, and Model Validation; Receives regular direction from team managers.

Performs data entry into the Bank’s Governance, Risk, and Controls system (Issues, incidents, findings, process maps, policies, etc.).

Coordinates meetings, drafting agendas, and documenting committee minutes.

Performs control test scripts under the supervision of the Control Assurance Analyst.

Generates reports and performs simple system maintenance under the supervision of the Systems and Reporting Manager.

Serves as a backup GRC functional administrator.

Attends and documents risk assessment workshops under the supervision of the Directors of Risk Management.

Drafts business and technical documentation under supervision of the Head of Model Validation.

Works on special projects as assigned by the Chief Operational Risk Officer.

Adheres to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies.

Benefits

In today’s highly competitive job market, People’s United Bank recognizes the need to attract, reward, and retain talented employees. That’s why we provide a comprehensive, competitive and innovative benefits program.

Job Requirements

College degree or relevant experience
1 – 3 years relevant experience.

Preferred knowledge skills and experience for this job (for job posting purposes)
Include educational levels, specializations, certifications, job related experience knowledge, skills and/or abilities that are preferred for this job

Bachelor’s degree required, with a focus on risk management, banking, finance, or MIS preferred

Additional Job Requirements:
Certification/License (only if REQUIRED to perform job):
Knowledge/Abilities/Technical Skills:
Well-developed analytical skills, problem solving and good critical thinking skills..

Well-organized, ability to prioritize multiple tasks and to bring open projects to closure.

Ability to meet deadlines in a fast-paced environment.

Ability to respond positively to rapidly changing priorities and business needs.

High level of attention to detail and quality assurance.

Excellent interpersonal and communication skills.

Excellent writing skills.

Demonstrated strong and sound decision making abilities.

Possesses broad range of interpersonal and professional skills.

Comfortable delivering material/presentations.

Ability to work well in a time-sensitive environment and handle a variety of matters or projects simultaneously

Strong PC skills, including MS Word, Excel and PowerPoint
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