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Zions Bancorporation Risk Officer - Operational Risk Oversight in Salt Lake City, Utah

Did you know that Zions Bancorporation is one of the nation’s premier financial services companies with total assets exceeding $70 billion? With local management teams at the helm in 11 western states, Zions is dedicated to making a difference in their local communities. At Zions, we haven’t forgotten who keeps us in business, meaning we’re committed to the success of our customers, and our employees. Here, the possibilities are endless – come for a job, stay for a career.

Operational risk is inherent in all bank products, services and activities, and the effective management of operational risk is a fundamental element of effective enterprise risk management. The Operational Risk Oversight (ORO) department within Operational Risk Management is hiring a new team member to help strengthen the foundation of operational risk management by verifying the first line of defense properly mitigates risk and is operating as intended. This role sits in the second line of defense and independently identifies and assesses operational risks and reports the results to leadership, management committees and the Board.


Responsibilities include monitoring the quality of risk management activities, influencing and challenging material risk decisions and ensuring alignment with the Company’s risk appetite as it relates to the FutureCore program (within the first line of defense) which is responsible for implementing the new enterprise deposit core system.

Specific responsibilities include the following:

  • Serve as a risk advisor on critical projects and initiatives related to the FutureCore program.

  • Participate in first line of defense council and/or committee meetings, discussions on standards and methodologies, change management initiatives, and other key risk decisions.

  • Partner with the FutureCore program, loan operations and other areas as assigned to help assess, understand, measure, monitor, and manage operational risk.

  • Provide support and guidance in the development and implementation of controls, key risk indicators, other metrics and reporting.

  • Review and validate first line of defense governance documents, policies/procedures, and reporting.

  • Perform issue/observation analysis related to regulatory concerns, audit findings and self-identified issues.

  • Review significant Operational Risk Events and associated Post Incident Reviews, as needed.

  • Perform targeted reviews to ensure risks are appropriately identified and mitigated.

  • Develop and deliver periodic risk reports for senior and executive management.

  • Evaluate alignment with the Risk Management Framework.

  • Develop and implement applicable risk training, as needed.

Job Qualifications:

  • Requires a bachelor’s degree

  • 4 to 6 years of risk management, analysis, auditing or other directly related experience.

  • A combination of education and experience may meet qualifications.

  • Extensive knowledge of risk management techniques and practices, risk and control assessment techniques and concepts, and auditing or testing practices preferred.

  • Must have excellent presentation and communication skills, both verbally and written.

  • Ability to effectively build relationships, work on cross departmental teams, and engage with executive management.

  • Strong interpersonal, critical thinking, problem resolution and analytical skills required.

  • Experience working with banking applications, processes and procedures is preferred.

  • Working knowledge of deposits and lending operations is preferred.

  • Project management knowledge and exposure to Agile software development methodologies is preferred.

Req ID: 052505

Equal Opportunity Employer It is the policy of this corporation to provide equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, veteran status, sexual orientation, gender identity and expression or any other characteristic protected by applicable law. This policy is established and administered in accordance with all applicable federal, state, and local laws. If you are an individual with disabilities who needs accommodation, or you are having difficulty using our website to apply for employment, please contact us at (801) 844-7628, Mon.-Fri. between 9 a.m. - 5 p.m. MST. Click here to view applicable Federal, State and/or local employment law posters.