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Operational Risk and Resilience Manager

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Neuberger Berman

Oct 6, 2024

  • Job
    Full-time
    Senior Level
  • Consulting
    Banking & Finance
  • Dublin
  • Quick Apply

AI generated summary

  • You must have 7+ years in operational risk/internal audit, strong UCITS/AIFs knowledge, resilience process management, senior-level interaction, and excellent analytical skills.
  • You will manage operational risks, perform root cause analysis, update frameworks, conduct reviews, and support risk tools while liaising with global functions and enhancing control environments.

Requirements

  • Experience in an asset/investment management firm within operational risk or internal audit (minimum 7 years required).
  • Deep understanding of UCITS and AIFs.
  • Ability to manage resilience processes such as Third-Party Risk Management, IT and Cyber Risk Management, and Business Impact Analysis.
  • Comfortable in risk identification and collaboration for risk solutions.
  • Ability to interact with senior management and assert influence across organisational levels.
  • University degree in a related subject.
  • Excellent analytical, critical thinking, and problem-solving skills.
  • Familiarity with Wolters Kluwer – OneSumX GRC or other risk applications (a plus).
  • High degree of initiative and excellent communication skills.
  • Demonstrated experience in operational risk management.

Responsibilities

  • Serve as a key liaison across local and global business functions on risk matters.
  • Execute the operational risk and resilience frameworks in line with best practices and regulatory requirements.
  • Identify and manage operational and resilience risks, developing solutions and re-engineering processes.
  • Perform root cause analysis and control assessments on operational risk events.
  • Conduct ‘deep dive’ reviews of significant events and provide recommendations to enhance control environments.
  • Maintain the operational risk framework for new and existing product strategies.
  • Lead role in the update of the ICAAP and maintain the operational risk register.
  • Administer and support group-wide operational risk tools, including configuration and system support.

FAQs

What is the primary responsibility of the Operational Risk and Resilience Manager?

The primary responsibility is to serve as a key liaison across local and global business functions on risk matters, executing operational risk and resilience frameworks in line with best practices and regulatory requirements.

What experience is required for this position?

A minimum of 7 years of experience in an asset/investment management firm, specifically within operational risk or internal audit, is required.

Is familiarity with specific risk management applications necessary for this role?

Yes, familiarity with Wolters Kluwer – OneSumX GRC or other risk applications is considered a plus.

What educational background is preferred for candidates applying for this position?

A university degree in a related subject is preferred.

What skills are essential for success in the Operational Risk and Resilience Manager position?

Essential skills include excellent analytical, critical thinking, and problem-solving skills, a high degree of initiative, and excellent communication skills.

Will I be interacting with senior management in this role?

Yes, the role involves interacting with senior management and requires the ability to assert influence across organizational levels.

What specific areas of resilience processes should candidates be familiar with?

Candidates should have the ability to manage resilience processes such as Third-Party Risk Management, IT and Cyber Risk Management, and Business Impact Analysis.

What kind of reviews will the Operational Risk and Resilience Manager conduct?

The manager will conduct ‘deep dive’ reviews of significant operational risk events and provide recommendations to enhance control environments.

Founded in 1939 to do one thing: deliver compelling investment results for our clients over the long term.

Venture Capital & Private Equity
Industry
1001-5000
Employees
1939
Founded Year

Mission & Purpose

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman’s diverse team has over 2,400 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes.

Culture & Values

  • Earning Trust

    Neuberger Berman is one of the world's leading employee majority-controlled investment firms, over 2,300 employees in 35 cities worldwide. Over the past seven decades, we have earned our clients' trust because clients come first and we always, put their interests ahead of our own. Our partnership culture is the source of our most distinctive strength — our people, who thrive in an environment of professional and personal respect, rigorous analysis and challenging dialogue. With a singular focus on delivering superior, long-term performance, we are passionate, independent investors, unified by our commitment to fundamental research and the constant pursuit of investment insight. Risk management and an exceptional client experience are everyone's responsibility at Neuberger Berman.

  • Rich Tradition

    Neuberger Berman’s commitment to investment management has deep roots. In 1939, renowned investor Roy Neuberger founded the firm to manage money for individuals and families. The firm thrived and grew, earning a reputation for excellent performance and integrity. In 1950, Neuberger Berman became one of the first firms to offer a no-load mutual fund to individual investors, and that mutual fund family grew alongside the private client business. In 1971, the firm launched a portfolio for institutions, marking its formal entry into the institutional investment management business. Today, we continue to serve a broad range of investors across traditional equity, fixed income and alternative asset classes, while offering portfolio advice and wealth planning services. Since our first application of “avoidance screens” in the 1940s to the launch of our Socially Responsive Investment team in 1989, Neuberger Berman has been on the forefront of integrating environmental, social and governance (ESG) criteria into the investment process, which we continue to this day.

  • Distinctive Mindset

    We have operated successfully through many investment and economic cycles, which has helped strengthen and define us as a firm. Today, we are best described as a collective of independent, entrepreneurial-minded investment teams and support groups who are motivated to do well for clients in their respective areas of expertise. This sense of teamwork, accountability and client-focus is shared across our entire organization. We hire and retain employees based on merit, attracting talent with the dedication and creativity needed to foster diverse perspectives and a passion for investing.