VP Operational Risk Coordinator, Deposit Operations

Bank OZK - Little Rock, AR

Full-time - Senior

Little Rock, AR

Credit Intermediation and Related Activities

About the position

The VP Operational Risk Coordinator for Deposit Operations at Bank OZK is responsible for coordinating and conducting Risk Control Self-Assessments (RCSAs) for the Deposit Operations and Digital Operations teams. This role involves managing risk-related activities that align with corporate programs and business plans, providing guidance on risk matters, and actively participating in risk management efforts.

Responsibilities

• Coordinate the implementation, training, monitoring, and reporting of Operational Risk Management programs.
• Conduct risk assessments of new products and services and participate in implementation status meetings.
• Gather documentation and participate in audits, assisting in preparing responses for findings.
• Track and validate management's corrective actions identified by corporate risk management monitoring activities and audits.
• Create and maintain procedures indicating key controls that mitigate key risks.
• Conduct control design effectiveness assessments and develop a test program to reassess risk quarterly.
• Assist Operations management with timely completion of all operational risk reporting requirements.
• Coordinate operational risk training and awareness activities for the Operations team.
• Provide senior management with operational risk data for decision-making.
• Manage testing schedules to ensure all tasks and documentation are completed within established timeframes.

Requirements

• Bachelor's degree in a job-related field or commensurate work experience required.
• 3+ years of work experience preparing operational risk assessments and reports.
• 5+ years of Deposit Operations or Digital Operations experience required.
• Comprehensive knowledge of banking and financial services.
• Ability to communicate effectively both verbally and in writing.
• Skill in using Microsoft Office products, including Word, Outlook, PowerPoint, and Excel.

Nice-to-haves

• Knowledge of operational and compliance risks relevant to operational areas.
• Ability to operate and work collaboratively in a fast-paced environment with exacting deadlines.
• Ability to manage multiple work streams and coordinate across functional initiatives.

Benefits

• Full-time position with competitive salary range.
• Opportunities for professional development and training.