**Position Overview** Operational Risk Associate / Assistant Vice President role in the Dublin CBI-regulated Alternative Investment Fund Manager (AIFM) entity of a U.S. headquartered asset management firm, which also has additional trading and business development permissions across EMEA. This is a hands-on position requires the ability to challenge and coordinate front-to-back business management, as well as collaboration with risk and support and control colleagues across the global firm. The role will also require support of the robust processes, in particular Third-Party risk assessment and IT risk management. You will be involved in identification / management of operational risks and issues, as well as the development of solutions and re-engineering of processes to avoid future control / process weaknesses. There are two hats for the person coming into this role. Firstly, you will be a liaison point across local and global business functions on risk matters and secondly, you will be a key person responsible for the execution of and operational risk and resilience frameworks, in accordance with CBI best practice guidance and regulatory requirements. **Primary Responsibilities** This is a unique role to support the business and a range of risk disciplines, all of which are interconnected and allow for holistic risk oversight. **Operational Risk:** + Ongoing management, maintenance and embedding of the operational risk framework, covering all new and existing product strategies and related governance processes. + Assisting with and maintaining annual risk and control self-assessments across the business. + Identifying and investigating operational risk events, ensuring root cause analysis and control assessments are undertaken. This will involve undertaking ‘deep dive’ reviews on significant events to provide ongoing recommendations to enhance the control environment. + Identifying process/control weaknesses and raising issues and associated actions, where required. This will involve notifying responsible owners and providing sufficient oversight to ensure the issue is managed to completion. + Participating in the periodic update of the Internal Capital Adequacy Assessment Process (ICAAP) and maintaining the operational risk register and supporting development of scenario analysis. + Administration and Support of the group wide operational risk tools in particular: + Implementation of configurations to support the Enterprise Risk Framework + Support of employee system use / interactions + Testing of new releases and methodology changes + Production of the operational risk reporting for the various Boards and Committees, including root cause analysis + Produce ad hoc reporting to key business stakeholders. + Formulate operational risk responses to Requests for Proposal (RFPs) and client Due Diligence Questionnaires + Participate in the integration of Tableau within the operational risk organization to support reporting to Boards, Committees and senior management. + Support the integration of ESG into the operational risk framework, including modern slavery and human trafficking risk assessment. + Assist with the delivery of operational risk framework and system (Wolters Kluwer - OneSumX GRC) for the business. **Operational Resilience** + Support the EMEA Resilience Lead and Designated Person for Operational Risk on the implementation and development of the operational resilience, ICT risk management and business continuity frameworks. + Risk rating critical and significant third parties and oversee the business due diligence process. **Qualifications** + University degree in a related and relevant subject is required. + Demonstrative experience in an asset / investment management firm as a member of operational / IT risk or internal audit team (2 years minimum) **Key Requirements** + Understanding of AIFM Platforms. + Understanding of Equity, Fixed Income and Alternative Investment products and supporting processes, associated counterparty / operational risks, best practice standards, related rules and regulations + Comfortable in risk identification and collaboration in creating and solving potential areas of risk + Familiarity with the AIFM and UCITS Directives + Excellent analytical, critical thinking and problem-solving skills + Familiarity with Wolters Kluwer – OneSumX GRC or other risk applications (a plus not essential) + Strong Microsoft Office skills (in particular, Excel) **Who you are** + Ability to take ownership of issues and have a problem-solving mindset + Comfortable with ambiguity, and take initiative + Analytical creativity and intellectual curiosity with a strong attention to detail + Proactive and self-driven work style and a good team player + Attracted to joining a diverse, collaborative, and results-driven team + High level of integrity with an ability to learn and an ambition to excel + Willingness to communicate with all levels of the organisation at a high level of proficiency _Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact_ _onlineaccommodations@nb.com_ _._ _Learn about the Applicant Privacy Notice (https://www.nb.com/en/global/disclosure-privacy-policy) ._ Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $481 billion in client assets (as of June 30, 2024) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. Tenured, stable and long-term in focus, the firm has built a diverse team—including 750-plus investment professionals and more than 2,800 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by _Pensions & Investments_ as the first or second "Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000+ employees). Neuberger Berman believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles. For important disclosures: http://www.nb.com/linkedin