Responsible for the design, development, implementation, and execution of the Company’s risk management frameworks to effectively identify, measure, monitor, and control enterprise-wide risks.
Drive the evolution of the strategic risk framework, including driving consistency in measurement and methodology across risk management tools.
Evolve the Company’s risk appetite statements and associated framework.
Lead the execution of the issues management framework, including issue identification, classification, root cause analysis, action plan governance, escalation criteria, aging oversight, and reporting to senior management and committees.
Partner with stakeholders on the design and build of enhanced workflows across RCSA, issues, and reporting as part of Global Risk and Compliance (GRC) uplift efforts.
Define enterprise standards for risk assessments and drive their execution across the enterprise, such as for the RCSA, Vendor, and targeted risk assessments for Product, Operations and Technology.
Drive the management and reporting of Key Risk Indicators.
Governance over activities supporting control-testing process, assessment of First Line test results, proposal of control enhancements, and analysis of controls effectiveness and alignment across different frameworks.
Effective management and production of enterprise risk reporting for risk governance committees and enterprise leadership.
Ensure the organization's risk profile as related to its activities and dependencies are aligned with Company business strategy and risk appetite.
Monitor and analyze risks within the Company's business units and report on these risks to the internal and external risk committees of the Company, supervisors, and other applicable internal stakeholders.
Provide thought leadership and constructive challenge to the first line of defense for risk-related matters and relay complex and/or nuanced topics at the appropriate level for the audience, including technical and non-technical audiences, internally and externally.
Build, maintain, and enhance business relations with key stakeholders, department, and business heads for the smooth implementation of risk management activities across the organization.
Ensure the firm’s Risk Culture is positively impacted through effective risk training and risk tools.
Manage and develop junior team members.
Support the Head of Enterprise Risk Management in implementing Risk Office goals for the Company.
Work successfully in a collaborative and team-oriented environment which encourages diversity of thought and open debate of ideas, must possess sound judgment and have the ability to function in a respectful manner
Identify, understand, challenge, and assess firmwide enterprise risk associated with assigned respective Business Units
Follow up and champion timely remediation of issues, incidents and remediation plans that require actions for assigned to respective Business Units.
Bachelor’s degree or higher in risk management, business administration, computer science, engineering, finance, or a related area.
At least 10-12 years of risk management experience serving as a subject matter expert in Enterprise or Operational Risk Management, preferably in the financial services industry.
10-12 years of financial services work experience designing, implementing, and/or managing enterprise-strategic risk frameworks.
Extensive experience and expertise in defining enterprise standards for risk assessments and driving their execution.
Understanding of the financial regulatory environment for the banking and payment systems industry
Experience designing, modifying, or implementing risk taxonomies, risk measurement methodologies, control testing, and/or key risk Indicator frameworks.
Experience with control design and operating effectiveness testing.
Experience working with a GRC platform (e.g., Archer, OpenPages, or proprietary).
Excellent analytical, verbal, and written communication skills.
The working environment is generally favorable. Lighting and temperature are adequate, and there are no hazardous or unpleasant conditions caused by noise, dust, etc. Work is generally performed within an office environment, with standard office equipment available. Travel may be required. Candidates will report to the office three days each week. Onsite work requirements may change at any time.
