Friday, 15 November 2013

1890209
GE Capital
Capital - Retail Finance
GE Capital’s Retail Finance business is among the country’s most successful retail lenders, with more than 75 years of experience in consumer financing. The business, which originates loans as a unit of GE Capital Retail Bank, provides credit card programs to retailers and consumers in the United States and Canada. We build better businesses through customized private label and bankcard credit programs to national and regional retailers in the U.S., as well as private label credit card programs, promotional and installment lending, bankcards and financial services for consumers through dealers; national, regional and independent retailers; contractors; manufacturers; healthcare practices; and service providers across nearly 20 industries.
At GE Capital Retail Finance, we are committed to being an employer of choice, offering competitive rewards, compensation and benefits. When you join our team, you become part of a stimulating work environment with vast opportunities to sharpen your skills and embrace new leadership challenges. GE provides tools to enable you to build your development and chart your own career path. As a member of the GE Capital Retail Finance team, you'll join over 8,000 colleagues who are passionate about their work!

The United States has regulations that govern the hiring of current or former U.S. Government employees. If you currently work for (or have in the past) the U.S. Government (in any capacity), you may have certain responsibilities under these regulations and certain restrictions may apply to your potential employment with GE. Therefore, if GE regarding a position of employment contacts you, and you have worked for the U.S. Government at any time, please immediately inform the GE representative of this fact.


Experienced
Risk Management
Regulatory and Operational Risk
United States
Connecticut
Stamford
06902-1250
No
GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.

In this role, you will serve as the main point of contact between the Operational Risk team the IT function within Retail Finance. This includes responsibility for independent Risk oversight of the function's execution of the Operational Risk program.
  • Serve as a main point of contact/coordinator for the Retail Finance Operational Risk team interacting with the IT function; responsible for independent Risk oversight of the function's execution of the operational risk program.
  • Drive awareness and preparedness for regulatory exam, internal audit and control testing activity related to operational risks in the RF function, and provide oversight and assurance of progress toward closure of MRAs and audit findings;
  • Provide guidance and challenge during functional risk assessments, to ensure thorough critical thinking in assessing risks, and aligning them with broader Operational and Enterprise Risk assessments
  • Execute and evolve disciplined Issue Management process; ensuring operational risk issues are reported, escalated if necessary, and action plans executed according to GECRB procedures
  • Conduct training and ensure proper usage of Enterprise & Operational Risk system of record technology tool
  • Partner closely with the assigned function and Finance to size operational loss event data to report and escalate accordingly
  • Work with the RF function to develop and maintain reporting and responses to Key Risk Indicator metrics
  • Establish rhythm to keep RF leadership informed of all Operational Risk related activities and issues through governance channels such as the Enterprise Risk Management Committee and related subcommittees
  • Work closely with RF Enterprise Risk Management team to identify, articulate and track the function’s operational risk tolerance levels in its Risk Appetite framework
  • Coordinate Operational Risk responses to regulatory requests regarding the assigned function
  • Bachelor’s degree and 7+ years in a financial services environment with deep experience in process design and management



    YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT



    Eligibility Requirements :
  • All applications for employment must be submitted through either http://www.gecareers.com or the Career Opportunity System (COS) to be considered
  • You must be 18 years or older
  • You must have a high school diploma or equivalent
  • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the selection process
  • If currently a GE employee, you must have been in your current position for at least 6 months (AP) or 24 months (PB or greater), have at least a "consistently meets expectations" performance rating and have the approval of your manager to post (or the approval of your manager and HR to apply if you don't meet the time-in-job or performance requirement)
    Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.
  • GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.
  • 1+ years experience interacting with or acting as a financial services regulatory authority
  • Experience working in the IT function
  • Prior Operational Risk experience
  • Strong leadership, analytical, interpersonal and executive communication skills;
  • Proven ability to influence and make recommendations at multiple levels of the organization;
  • Ability to work independently in fast paced global environment with demonstrated ability to accomplish goals on complex, time sensitive projects
  • YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.

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