Texas Capital is built to help businesses and their leaders. Our depth of knowledge and expertise allows us to bring the best of the big firms at a scale that works for our clients, with highly experienced bankers who truly invest in people’s success — today and tomorrow.
While we are rooted in core financial products, we are differentiated by our approach. Our bankers are seasoned financial experts who possess deep experience across a multitude of industries. Equally important, they bring commitment — investing the time and resources to understand our clients’ immediate needs, identify market opportunities and meet long-term objectives. At Texas Capital, we do more than build business success. We build long-lasting relationships.
Texas Capital provides a variety of benefits to colleagues, including health insurance coverage, wellness program, fertility and family building aids, life and disability insurance, retirement savings plans with a generous 401K match, paid leave programs, paid holidays, and paid time off (PTO).
Headquartered in Dallas with offices in Austin, Fort Worth, Houston, Richardson, Plano and San Antonio, Texas Capital was recently named Best Regional Bank in 2024 by Bankrate and was named to The Dallas Morning News’ Dallas-Fort Worth metroplex Top Workplaces 2023 and GoBankingRate’s 2023 list of Best Regional Banks. For more information about joining our team, please visit us at www.texascapitalbank.com.
Brief Overview of Position
Operational Risk is responsible for identifying, measuring, controlling, and monitoring operational risk, and providing early warning of risk indicators. Operational Risk reviews risks related to fraud, people and process risk, technology and systems risk, third-party, information security, data quality, model risk, and business continuity. Reporting to the Chief Risk Officer, the Operational Risk Executive leads the 2nd Line of Defense Operational Risk program and serves as a key contributor to the requirements and implementation of the bank’s global delivery. Broad range of regulatory operational risk subject matter expertise needed including; consumer, commercial. and investment banking.
Responsibilities
- Act as the operational risk leader, strategist and subject matter expert assessing and advising on existing and emerging regulatory requirements across the organization.
- Represent the state of Operational Risk to Executive Management, Regulators, and the Board of Directors
- Oversee the development and evolution of the Operational Risk Management framework and organization risk appetite changes.
- Develop and maintain strong relationships with senior leaders, including executive management and related control groups to ensure a cohesive approach to risk management.
- Provide guidance, advice, and/or training to all lines of businesses (LOBs) to improve LOBs understanding of related laws and risk appetite.
- Supports key growth initiatives tied to the company’s strategic plan.
- Maintain strong professional relationships and open lines of communication with bank regulators, taking the lead in managing examinations and other ongoing regulatory interactions.
- Drive the company’s core operational risk processes including risk assessments and testing of relevant regulations, measurement and adherence to metrics, and lead all internal/external reporting on the overall state of Operational Risk.
- Collaborate with other risk stakeholders to proactively identify and assess risk inherent to their processes, assess their controls, and help mitigate the risk of potential business disruption, loss of revenue or reputation resulting from inadequate or failed internal processes/systems, human activities or external events.
- Effectively manage, motivate and develop a high performing team of professionals.
- Develop and maintain an environment that encourages all bank employees or contractors to report suspected fraud and other improprieties without fear of retaliation.
Qualifications
- 15+ years of experience in Operational Risk in a financial services or banking environment.
- Master’s in Business Administration or equivalent graduate degree or relevant work experience required.
- Relevant senior management managerial experience having built, managed and lead a significant risk department/function for a $50B plus asset sized bank.
- Highly developed relationship management, negotiation and leadership skills and experience working with and presenting to leaders at all levels including Senior Executives, Managers, Auditors, Regulators, Board of Directors and related committees.
- Comprehensive industry and market knowledge with expertise in industry vertical or specialty
- Comprehensive understanding of bank products, services, operations and systems
- Ability to make/take calculated decisions and to think strategically and act accordingly.
- Expert ability to analyze and evaluate risks, escalate recommendations and influence change
- Knowledge of the latest financial, technology, and banking product innovations and regulations
- Maintain strong external network and market presence through active community leadership and relationship
- development
- Lead in a fast-paced, dynamic, collaborative, and transformative environment
- Manage expenses and resources to ensure a healthy P&L statement
- Identify and influence transformational opportunities
- Strong ability to recruit and retain talent
- Investment Banking experience preferred.
The duties listed above are the essential functions, or fundamental duties within the job classification. The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.
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What We Do
Our expert bankers are committed to helping your business build and grow. Equipped with experience-based insights and a proven record of implementing custom solutions for clients, we can help you with a suite of business lending, investing and financial management services that see you through every step of the way.
Our client-centric culture thrives because we attract, develop and engage the most experienced and diverse experts in their fields. Over the years, we've developed a supportive culture that values collaboration, rewards performance and respects the well-being of its team members. We know our people are our greatest asset, so we give them the resources and support they need to be successful. Our personal approach has enabled us to deliver exceptional value for our clients for more than two decades — an achievement we’re proud to continue.
Explore a career at Texas Capital Bank: https://www.texascapitalbank.com/who-we-are/careers
Texas Capital Bank is a wholly owned subsidiary of Texas Capital Bancshares, Inc. (NASDAQ®: TCBI). For more information, please visit www.texascapitalbank.com. Member FDIC. NASDAQ®: TCBI. Equal Housing Lender.
Texas Capital Bank and its subsidiaries are equal opportunity employers and do not discriminate on the basis of any protected trait including sex, sexual orientation, gender identity, race, ethnicity, disability, or veteran status. Please view our EEO Policy to learn more: https://www.texascapitalbank.com/equal-employment-opportunity-policy
