.**Responsibilities**:Independently asses risks and drive actions to address the root causes that persistently lead to operational risk losses by challenging both historical and proposed practices.- Governance and oversight may include (not limited to) technology operational risk, cyber risk for example.- Works with colleagues in other areas of Risk Management, Finance, Compliance/Control and the Businesses to assure appropriate management of Operational Risk processes:- Facilitates accurate and appropriate reporting of operational risks to senior management and the Board of Directors.- Promotes the use of risk indicators.- Supports corporate initiatives, including those related to Operational Risk and the alignment of capital assessments with risk management objectives.- Drives the strategic direction of Operational Risk Management for the Consumer group, working with colleagues around the globe to:- Identifies emerging operational risks in the context of the current economic, regulatory and business environment and assure that measures are being taken to mitigate these risks.- Analyzes operational risk data (typically losses, metrics or assessment results) to identify areas of excessive risk and to ensure that mitigation efforts are having the desired effect(s).- Investigates causes for metrics that are deviating from trends and escalate situations that pose excessive risk(s).- Identifies root causes of major internal losses and ensure actions are taken to reduce the risk of loss from similar causes.- Upholds the Operational Risk Policy:- Provides Operational Risk oversight to assure policy and regulatory compliance.- Facilitates adherence to specific regulatory requirements for the Consumer franchise, including the International Convergence of Capital Measurement and Capital Standards ('Basel II').- Interfaces with Regulators on Operational Risk matters.**Qualifications**:- 15+ years relevant experience- Experienced in Operational Risk. Knowledge of other risk disciplines (market risk, credit risk) a plus.- Demonstrated analytical ability; asks insightful questions, break analytical challenges into workable components and draws meaningful conclusions. Well versed in breaking down complex matters into core issues and root causes that can be more readily addressed.- Proficient in developing new ideas to mitigate risk and improve current processes.- Prioritizes high impact potential problems effectively. Consistently reads different situations accurately and takes appropriate action to gain senior colleague/ client commitment. Articulates clearly how risk technology supports unit's business, as well as the issues due to gaps between the current technology and known business requirements. Ability to measure and assess the impact of stress shocks including fat-tailed risks. Well-versed in reviewing the dimensions of franchise risk