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Motion Recruitment Partners Operational Risk Project Manager in New York, New York

Operational Risk Project Manager

New York, New York

Hybrid

Contract

$93/hr - $100/hr

Grow your career as a Operational Risk Project Manager with an innovative global bank. Contract role with strong possibility of extension. Will require working a hybrid schedule 2-3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration: 10+ Months

What You Will Be Doing

  • Will manage a portfolio of approximately 20 major applications/programs.

  • Start with managing the Loss Capture program, focusing on minimizing operational losses.

  • Expand responsibilities to include additional applications and programs over time.

  • Oversee regulatory reporting, including multiple CCAR submissions.

  • Maintain complex quantitative models supporting a significant portion of the bank’s capital.

  • Support regulatory actions and Board reporting.

  • Manage data integration for applications like Loss Capture and ICAT.

  • Lead programs related to model risk, ensuring compliance and effectiveness.

  • Maintain and enhance quantitative models critical to the firm's capital and risk strategy.

  • Represent the team in meetings with business and IT leadership.

  • Collaborate with scrum teams, engineers, and architects to prioritize and advance projects.

  • Manage resourcing demands and attend various internal and external audits and regulatory exams.

  • Respond to audit and regulatory inquiries within 24 to 48 hours.

  • Ensure effective communication and documentation for senior management.

Required Skills & Experience

  • 8-10 years of experience managing large technology teams or organizations.

  • Strong understanding of operational risk, capital risk, regulatory reporting, and CCAR.

  • Experience in risk management within a technology organization.

  • Technical background – experience managing technical teams

  • Hands-on technical background to effectively engage with technical teams, no actual coding.

  • Background in engineering or familiarity with the SDLC lifecycle.

  • Ability to work independently and manage multiple high-priority tasks.

  • Energetic, flexible, and able to adapt to a fast-paced, dynamic environment.

  • Experience with Java, Spring, testing, and APIs is a plus

You will receive the following benefits:

  • Medical Insurance - Four medical plans to choose from for you and your family

  • Dental & Orthodontia Benefits

  • Vision Benefits

  • Health Savings Account (HSA)

  • Health and Dependent Care Flexible Spending Accounts

  • Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance

  • Hospital Indemnity Insurance

  • 401(k) including match with pre and post-tax options

  • Paid Sick Time Leave

  • Legal and Identity Protection Plans

  • Pre-tax Commuter Benefit

  • 529 College Saver Plan

Motion Recruitment Partners (MRP) is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Accommodation will be provided in all parts of the hiring process as required under MRP’s Employment Accommodation policy. Applicants need to make their needs known in advance.

Posted by: Melissa Klein

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