Director Of Operational Risk

About Us

The following information provides an overview of the skills, qualities, and qualifications needed for this role.

Are you someone who seeks opportunity and has a true desire to grow your career with an organization that has enriched the lives of its clients and communities in the Greater Washington region for more than 150 years?

If so, Sandy Spring Bank may be the perfect fit for you!

Sandy Spring Bank is a growing financial services company focused on creating real experiences for our employees, clients, shareholders, and communities.

We are proud to have been certified as A Great Place To Work , recognized by The Washington Post and the Baltimore Sun as a Top Workplace, and by Forbes magazine as the #1 Bank in Maryland.

It is our employees who play an integral role in shaping who we are as a company and upholding what matters most to us : people and relationships.

To help us attract the highest quality individuals, we offer a comprehensive benefits package to those who qualify, including competitive market salaries, paid time off, multiple retirement savings options, full health care options, life insurance, flexible spending accounts, career development opportunities, tuition assistance, and volunteer opportunities.

About the Job

Sandy Spring Bank is currently recruiting for Director Of Operational Risk. The successful candidate will contribute to the overall quality of risk management across the Bank by leading, developing, implementing, and maintaining the Operational Risk Management (ORM) Program.

The Director Of Operational Risk will continually seek to mature the overall program.

MAJOR JOB ACCOUNTABILITIES :

Through active leadership of the ORM Program, the Director Of Operational Risk will be a thought leader in the execution of the overall strategy / approach to the framework, policies, procedures, risk tools, and reporting processes.

The role will lead in promoting a culture of risk awareness across the organization.

• Work closely with business leaders, compliance partners, and Internal Audit to develop strategies and approaches for operational risk / control weakness identification, influencing positive outcomes for the bank and fostering a culture of partnership while advancing the three lines of defense methodology.
• Coordinate operational risk management activities with the functional risk areas of the ORM Program (Regulatory Management, Corporate Security, Information Security, Vendor Management, Fraud Risk Management, etc.

provide risk advisory to develop reporting and monitoring of the operational risk profile of the Bank, and drive consistency in the taxonomy and application of risk ratings.

• Support Risk Management leadership to implement and educate the organization on the policies, standards, guidelines, tools, and procedures required to support the Bank’s ORM Program.
• Manage the requisite infrastructure (processes and technology) to support risk identification needs on an ongoing basis.
• Support Risk Management leadership in driving ORM Program reports and presentations to the Operational Risk Committee, Executive Risk Committee and / or Board Risk Committee, including contributing to the quarterly enterprise risk profiles that aggregate company-wide risk.
• Conduct research and analysis of industry best practices and regulatory guidance on operational risk identification, measurement, and reporting.
• Perform other risk management related duties as needed.

Required Skills

KNOWLEDGE, SKILLS, AND ABILITIES :

• Bachelor’s degree required.
• Extensive financial services experience with at least 8 to 10 years of related experience in risk management, compliance management, audit, or process improvement.
• Significant knowledge of operational risk management concepts and practices (Risk and Control Self Assessments, Risk Indicators, risk events and incident management, scenario analysis) as it applies to bank products and banking operations.
• Ability to communicate effectively both verbally and in writing with skill in preparing clear written deliverables and presentations.
• Ability to demonstrate effective organization, critical thinking, analytical and problem-solving skills with flexibility in a continually changing environment.
• Ability to demonstrate initiative to accomplish work objectives independently with effective time management skills and ability to manage multiple tasks with exacting deadlines in a fast-paced environment.
• Ability to work effectively in a team environment and champion new ideas and approaches throughout the organization.

SPECIFIC PHYSICAL REQUIREMENTS :

Work requires reasonable mobility in and around the work area. Ability to use standard computer and phone systems is required.

WORKING CONDITIONS :

Normal office environment where there is almost no discomfort due to temperature, dust, noise, or other disagreeable elements.

Work includes little or no potential exposure to hazardous conditions. Must be able to travel to remote company and / or client locations.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification.

They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

Compensation Information

At Sandy Spring Bank, compensation is one part of our total rewards package. Compensation within the range will depend on your skills, qualifications, education, experience, and location.

Additionally, full-time and part-time positions may be eligible to participate in department or company-wide incentive plans.

Additional Information

Sandy Spring Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

If you require a reasonable accommodation to apply for a position, please call our job line at 1-800-399-5919 and select option 5.

Requests are considered on a case-by-case basis.

Sandy Spring Bank partners with various job boards to advertise our openings. Please visit our website, www.sandyspringbank.

com to confirm the validity of the job posting to avoid any potential fraudulent activity. We encourage and recommend all candidates to apply via our website.

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