LOD Coordinator​/Operational Risk Manager

LOD Coordinator / Operational Risk Manager Bank for International Settlements (BIS)

Apply by: 22 Jul 2026

Administration, HR, Management, Accounting/Finance

Office location:
Basel, Switzerland

Department:
Strategy and Governance

Final date to receive applications: 22 Jul 2026

Contract duration: 3 years

Position in the ITS – Strategy and Governance unit. This is a three‑year fixed term contract. Relocation support is available for the successful candidate and their dependent family members.

The mission of the BIS is to support central banks in their pursuit of monetary and financial stability through international cooperation, and to act as a bank for central banks.

• Shape and enhance the bank's operational risk framework.
• Collaborate on innovative risk management solutions.
• Drive compliance and best practices across technology.

• Collaborate across Technology and with the 2
  
  LoD to identify key and emerging risks for critical technology activities, assess (and re‑assess) risk exposures and controls during periodic reviews, map business processes to critical activities, and contribute to the Risk Appetite Annual Review.
• Perform and have overall responsibility for inherent, control, and residual risk assessments of identified risks through periodic RCA assessments, ensuring quality of each assessment.
• Ensure control activities are effective and formulate responses to identified risks and issues, including establishing procedures for operations and controls, integrating control and reporting requirements from bank‑wide and 2
  
  LoD risk policies, ensuring controls for policy compliance, and proactively identifying and reporting on operational incidents, including facilitating root cause analysis and remediation efforts.
• Review and monitor control activities or quality assurance procedures on implemented standards and controls by collecting and monitoring control reports, KRIs, and operational incident data. Work with management and the control functions to escalate breaches as appropriate, bring risk tolerances back into line, monitor current tolerance levels, and advise management.
• Perform and have overall responsibility for meaningful and tailored risk reporting at all hierarchies, enabling an accurate overview of underlying operational risk profile and exposure.
• Oversee and coordinate the closure of IT audit activities and CATs and act as a trusted advisor to instil best practice, providing advice, guidance, and support to management, especially in relation to operational risks and operational incidents.

• Relevant degree from a university of international standing, with 7 years requisite working experience after university.
• High degree of strategic thinking and ability to problem‑solve in ambiguous situations.
• A high level of experience within risk management and the 1
  
  LoD model for enterprise risk management.
• Strong analytical thinking skills to solve problems, evaluate options and determine pragmatic ways forward.
• Experience implementing or coordinating 1
  
  LOD operational risk management at a commercial bank or financial market utility.
• Experience facilitating risk management workshops including material development.
• Experience coordinating interdisciplinary working groups, ideally in an international environment.
• Excellent drafting and communication skills in English, particularly for policy documentation.
• Strong interpersonal skills and strong cultural sensitivity. Proven experience curating diverse perspectives.

Internationalism is at the core of our identity. With employees from over 66 countries and offices in nine locations, the BIS is a global organisation with a truly international workforce. We are committed to equal opportunities and aim to build a workforce that reflects our global membership.

Agile and flexible working environment with hybrid working opportunities including home office and working from abroad days. Relocation support extends to your dependent family members. Competitive compensation and benefits package, including support for working families such as childcare and education allowances where applicable. Exposure to the global financial system and collaboration with passionate experts from around the world.

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