We are a hybrid, remote-office company dedicated to growing our talent anywhere!
We have onsite locations in: Sioux Falls, SD, Scottsdale, AZ, Troy, MI, Franklin, TN, Dallas, TX
At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™. We are a financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products.
We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. We celebrate, and embrace, our team members through our *HUMBLE*HUNGRY*SMART approach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.
About the Role:
The Director of Operational Risk Oversight will assist Pathward’s Executive Management and Chief Risk Officer by building an operational risk oversight program consistent with Basel II expectations. This role will partner with, and also provide credible challenge to, the first line of defense. This role roll will assess risk management strategies and complete internal risk assessment conclusions for operational risks. This position is strategic in its providing assurance to the Board of Directors, Executive Management, regulators, and all stakeholders on compliance with the governing policies.
What You Will Do:
- Building a Basel II operational risk compliant framework.
- Participate in risk scenario analysis planning and development.
- Report to executive management on risk scenario analysis conclusions through existing risk committee structure.
- Work with IS and PMO Department on project or capital expenditure related losses.
- Work with various cross-functional team to determine operational vulnerabilities.
- Partner with Enterprise Risk Management on tracking and analyzing other loss and near-loss events.
- Develop a comprehensive loss event monitoring framework.
- Partner with the Treasury team during capital modeling processes.
- Partner with Disaster Recovery team to determine tolerances for disruption and resilience capabilities.
- Evaluate the adequacy of capital planning processes.
- Evaluate internal and external fraud reporting and trends.
- Evaluation risk and control inventories.
- Monitor key risk, performance, and control indicators.
- Perform other duties as assigned.
What You Will Need:
- Strong understanding of Basel requirements
- Strong analytical and communication skills
- Working understanding of banking and finance
- Working understanding of operational risk management strategies
- Working knowledge of quality control concepts and risk management
- Working knowledge of policies and procedures development and oversight
- Knowledge of Microsoft Office is required
- 8+ years of banking or similar experience
- 3+ years of experience with operational risk management
- Prior experience in dealing with regulatory agencies and/or audit firms
- Prior experience with Archer platform, preferred
- Bachelor’s Degree in finance, business, or mathematics required
- MBA Degree, preferred
The responsibilities listed above are not all inclusive and may be changed at any time.
Salary range: $119,402.29 – $220,517.17
The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate’s experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future.
This role is also eligible for an annual performance-based incentive opportunity. Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.
Don’t have everything listed under qualifications? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single condition. At Pathward, we are dedicated to building a diverse and inclusive culture of belonging, so if you’re excited about this role but your experiences don’t match exactly to everything in the posting we encourage you to apply anyway. You may be just the right candidate for this or other Pathward roles.
Who we are:
Our commitment to inclusion is woven into our DNA. We believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.
We are committed to providing equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender (including pregnancy), sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty, status as a covered veteran, or any other class protected by federal, state and local laws.
Please click here to learn more about our benefits and review information about our Privacy Policy, Affirmative Action Plan and other notices. Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. For assistance completing an application, please contact a Pathward People & Culture Representative by emailing – [email protected]
Please click here to view Pathward's Applicant Privacy Notice.
Applications will be accepted for a minimum of 3 days after posting, and there is no predetermined date by which applications should be submitted.
United States only