About TSR:

TSR is a relationship-based, customer-focused IT and technical services staffing company.

For over 40 years TSR, Inc. and its wholly owned subsidiary, TSR Consulting Services, have prospered in the Information Technology staffing business, earning the respect of companies both large and small with well refined candidate screening, timely placement, and a real understanding of the right skill sets required by our clients.

Mission & Vision

We do not believe in building a vision around the company but building a company around our vision, which is simply;

Every employee's voice matters, their effort is appreciated, and their talent is rewarded.

We challenge each employee daily, to raise the bar on how we treat our consultants and candidates. For far too long in this industry, candidates have been ghosted, lied to, or placed at a client and then forgotten about. Each day our staff works tirelessly at qualifying and placing, top talent with our clients, in a compassionate and caring manner.

Not every candidate is a match for the job, but every candidate and consultant will be treated with respect and professionalism.

Markets Operational Risk and Controls - Third Party Risk

Job Description

• Location: New York, New York
• Type: Contract
• Job #79553

Our client, a leading financial services company is hiring a Markets Operational Risk and Controls - Third Party Risk on a long-term contract basis.
Job ID 79553

Work Location:
New York, NY - Hybrid
Summary:
The successful candidate will require a comprehensive and wide-ranging understanding of Risk Management protocols and expertise within multiple areas of Operations/Middle Office functions and how they interact to achieve the objectives of the function. The candidate must possess a complete appreciation of how the introduction of new and/or changes to existing regulations, processes, systems, controls, and infrastructure may impact on the business. The candidate is required to be familiar with Risk & Control compliance requirements for a global Markets business and able to provide advanced judgement/conduct in-depth quantitative and qualitative analysis to solve problems and develop new, innovative solutions.
Responsibilities:

• Responsible for effective partnership with Operations, Technology, Operational Risk Management (ORM) and other groups to continuously enhance (design, implement, and deliver) global Operations processing risk control framework.
• Lead efforts to ensure commitment made to regulators are met related to third-party risk.
• Provide solutions to minimize Manual Touch points arising from Markets business activity.
• Responsible for delivery of a small and large scale risk programs and workstreams.
• Responsible for daily monitoring of key ratings and indicators to determine whether Operations is operating within (or out of) Third-Party Risk Appetite.
• SME level support in assessing End to End Risks and Controls design to determine gaps in Inter-Affiliate framework.
• Identify control weaknesses & gaps, report results, raise Issues (as needed) and track to resolution by collaborating with Markets colleagues so that issues have corresponding implementable actions and ownership through to closure, whilst aiming for automation of enhanced controls, where appropriate.
• Responsible for quality of reports including issues, overall control enhancements and action plans in collaboration with key business stakeholders including Markets Management, Operations, ORM and ICRM as appropriate.
• Responsible for completing tasks within broader projects to agreed timescales, whilst keeping stakeholders up to date on progress and escalating any blockers.
• Building and maintaining an excellent relationship with Operations, ORM and other stakeholders.
• Assist in creating and submitting timely Governance updates on progress against plan, key issues identified and escalating accordingly.

Required Skills:

• SME level experience in risk management with a focus on Operations risk and controls (e.g. Margin, Settlements, Middle Office, Reconciliations, Trade Booking).
• Excellent leadership, ownership, accountability, and delivery skills.
• Proven track record of ability to recognize the issue and process weaknesses.
• Proven track record ability to take a lead and drive control enhancements within Operations/Middle Office .
• Strong ability to perform targeted "deep-dive" assessments.
• SME level understanding of broad range of functions and processes across Operations/Middle Office risks and related controls, associated with Markets businesses.
• Comprehensive understanding of control design and ability to independently perform controls effectiveness assessment.
• Experience in financial services; experience in planning, scoping and/or leading execution of Internal Audit, Compliance or First Line assurance projects - preferable.
• Experience in project management implementation.
• Exceptional organizational and time management skills.

Education:

• Bachelor's/University degree or equivalent experience.
• Related certifications (CPA, ACA, CFA, CIA, ACCA, CISA or similar) preferred.

Pay: $80-$105 per hour.