Senior Manager – Risk Management, RCSA, Controls Design, Testing and Validation

Role Overview

• This position is responsible for consulting with, educating and supporting [Business Unit(s)] on the execution of enterprise and operational risk programs, promoting an environment of risk awareness and ownership in the business and supporting the adherence to the Company's risk appetite.
• This role will help to ensure timely execution of risk program requirements, including risk and control self-assessments, reporting as required by various governance committees and the identification and escalation of risks and issues with business unit management and second line of defense risk partners.
• This position also serves as a subject matter expert on risk programs, policies, and frameworks for the business unit(s) it supports.
• Serves as a subject matter expert, providing guidance and process coaching to the business unit, to understand, create and maintain a comprehensive and complete process, risk, and control universe.
• Ensures timely identification, remediation, mitigation and escalation of risks and issues and consults with business line management to ensure the efficient and accurate execution and closure of issues.
• Oversee the development and execution of the business unit’s risk-based testing and monitoring program and ensure control testing and/or monitoring is completed in accordance with the Company’s risk program framework and professional standards.
• Guide business partners through governance processes related to new products and services, initiatives, and vendors including support documentation of associated risk assessments.
• Work with business partners and other stakeholders across first and second line to identify risks associated with new or changes to existing processes, products, or services and third parties, and oversee the monitoring and reporting of these risks to management and relevant committees.
• Collaborate with business line leadership to manage risks within the Company’s risk appetite, and support key decision-making activities.
• Understand and adhere to the Company’s regulatory requirements, policies, standards, and procedures and create procedures within the business unit, as needed, to operationalize and ensure adherence to relevant requirements.
• Educate, train, and advise business leaders on risk management practices and activities.
• Lead business through ongoing identification of current and emerging risks.
• Aggregate and analyze risk data to support reporting and analytics for risk management use by the business and second line.
• Work with business on content for risk reporting and updates to senior management, risk committees, internal audit, and external oversight bodies.

Requirements

• Education and/or experience typically obtained through completion of a bachelor's degree in Business Administration, Finance, Accounting, or other related field of specialty.
• Typically 12 or more years of progressive risk management experience, preferably within financial services using the three lines of defense model.
• Strong understanding of risks, controls, and issues management.
• Demonstrated ability to work effectively in a complex, highly regulated environment.
• Working knowledge of regulatory requirements related to financial services, consumer facing products and payments.
• Experience and success working and directing cross-functional teams
• Persuasive communication, organization, and presentation skills.
• Effective influence management skills with experience challenging peers and managers with contrasting views.
• Ability to direct a team on managing risk management responsibilities while addressing unexpected events.

Benefits

• Healthcare Coverage – Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses.
• 401(k) Retirement Plan – Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility.
• Paid Time Off – Flexible Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day.
• 12 weeks of Paid Parental Leave
• Maven Family Planning – provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.
• And SO much more! We continue to enhance our program, so be sure to check our Benefits page here for the latest.