Operational Risk Specialist

Bank Ozk Operational Risk Management Position

Founded on a legacy of more than 120 years in banking, Bank OZK is much more than just a company. We're nationally recognized as an industry leader in financial services. That means we combine exceptional service with innovative technologies to deliver smart solutions to our clients across the country. We're investing in small businesses, fueling economies in local communities and changing skylines in the largest cities across America. Here, we're not simply filling roles. We're fostering even greater careers.

The foundation for a great career starts with an exceptional team and a comprehensive benefits package. We believe in providing our dedicated team members with the best resources to support their physical, mental and financial wellbeing, including generous PTO, 401(k) matching, health, dental, vision (and pet!) insurance as well as special perks and discounts.

Job Purpose & Scope

Responsible for maintaining risk management practices and conducting compliance testing to support and enhance the Bank's risk mitigation strategies and procedures. Collaborates with members of Operational Risk Management ("ORM") as a liaison between ORM and the management team of Trust and Wealth ("T&W") in collecting and documenting operational risk data, control gaps, and control execution failures related to T&W products and services, policies and procedures, standards, training, issues, third parties, loss events, and systems.

Knowledge, Skills & Abilities

Knowledge of operational risk testing, risk mitigation, and the control environment, including assessment of internal control effectiveness.

Knowledge of auditing standards and procedures, and organizational process analysis.

Knowledge of bank policies and procedures related to Trust and Wealth.

Knowledge of personal finance practices, fundamental investment management, and introductory income taxation.

Knowledge of risk topics including impact, likelihood, preventive, detective, tolerance, and appetite.

Knowledge of financial risk management software, workflow automation software, and core banking software.

Ability to work independently, under moderate supervision.

Ability to utilize discretion and sound judgment in decision-making and maintain confidentiality.

Ability to demonstrate effective organizational, analytical, critical thinking, and problem-solving skills with accuracy, thoroughness, and attention to detail.

Ability to perform in a fast-paced environment with frequent change and multiple assignments.

Ability to communicate effectively both verbally and in writing.

Ability to travel, as needed.

Proficient skill in data analysis, formulation, and conditional formatting in Excel.

Skill in using computer and Microsoft Office, including Word, Excel, PowerPoint and Outlook.

Basic Qualifications

Bachelor's degree in business, law, risk management, or related disciplines, or commensurate work experience, required.

Minimum of two (2) years of experience in financial reporting, auditing, risk management, or regulatory compliance, required.

Minimum of one (1) year of experience in designing process flow diagrams using Visio, or similar technologies, required.

Minimum of one (1) year of experience in controls development and monitoring, preferred.

Job Expectations

Operate customary equipment and technology used in a business environment, with or without accommodation.

Note : This description is not an exhaustive list of all job functions, duties, skills, and job standards required. Other job functions, duties, skills, and standards may be added. Management reserves the right to add or change the job requirements at any time.

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.