Operational Risk Specialist Job

Employer Name: FEP Search Group	SpiderID: 2850835
Location: Toronto, Ontario	Date Posted: 8/10/2009
Wage:	Category: Accounting/Bookkeeping
Job Code:

Job Description:
Ensure objective operational risk & control assessment and evaluate integrated operational risk management processes targeted specifically to high-risk areas associated with Operational Risk & Control Assessment Program Execution. Provide professional advice and counsel to business partners to mitigate/alleviate operational risk gaps enhancing and developing their overall capability to achieve business strategies and goals.

PRIMARY RESPONSIBILITIES:
1) Execute Operational Risk & Control Assessments for a specified segment (Finance) and related supporting processes in accordance with established standards and methodologies. Possess a strong understanding of financial reporting controls. 2) Train business leaders and applicable staff in understanding operational risk, share best practices and promote the benefits of embedding an effective operational risk management process in the business/function (assist with implementation where applicable).
3) Ensure completion of applicable documentation with accuracy ensuring objectives, risks, controls and action plans identified.
4) Possess procedural and technical expertise in all components of Operational Risk.
5) Understand full impact of end-to-end process interaction and interdependencies.
6) Uncover and articulate cause and effect of single and/or systemic risk issues for business partners to action/mitigate accordingly.
7) Complete required deliverables according to established timelines.
8) Ensure that action plans are followed up by the business/function.
9) Escalate appropriately when issues arise.
10) Develop and maintain strong relationships with business partners ensuring operational risks are identified for evolving change in businesses.
11) Proactively explore, document and recommend opportunities to leverage interdependent methodologies to enhance overall efficiency and effectiveness of assessments and related activities/processes.

OPERATIONAL AND RISK EFFECTIVENESS:
1) Focus on maintaining consistent standards and methodologies for identifying and reporting operational risk.
2) Identify efficiency and effectiveness opportunities regularly
3) Understand overall operational risk & control assessment program strategy, complexity of products and related risks and processes.
4) Work effectively and efficiently through relationships to execute quality operational risk & control assessments ensuring accurate documentation completed and controlled.
5) Prioritize work effort for greatest impact engaging business partners regularly to ensure operational risk is mitigated as required.
6) Actively maintain knowledge of financial reporting controls

Job Requirements:
TECHNICAL:
1) Broad understanding of finance function
2) Strong knowledge of financial reporting controls
3) CA/CPA/CMA/CGA/CIA
4) Achievement Motivation
5) Building Partnerships with Stakeholders
6) Teamwork and co-operation
7) Knowledge of technology
8) Change management
9) Project Management
10) 3-5 years� experience in a financial controls

BEHAVIORAL:
1) Analytical Thinking
2) Organizational Awareness
3) Impact and Influence

Applicants are encouraged to apply directly by going to: http://www.fepsearchgroup.com/accounting-jobs/accounting-job-00982.html

Contact Information:

Contact Name: Jane Shah	Company Type: Employer
Company: FEP Search Group

City: Toronto
State: Ontario
Zip: M5G 1T6

Web Site: http://www.fepsearchgroup.com/acct.htm