Risk Management Director Lead

3 days ago


San Francisco, California, United States Early Warning Services LLC Full time
About Us

At Early Warning Services LLC, we've been a trusted name in the financial sector for over three decades, powering and protecting the U.S. financial system with innovative solutions like Zelle and Paze.

We partner with thousands of institutions to increase access to financial services and safeguard transactions for hundreds of millions of consumers and small businesses across the United States.

Compensation Package

The estimated annual salary for this position is $195,000 - $215,000 depending on location (Phoenix, AZ / Chicago, IL or New York, NY / San Francisco, CA) with opportunities for discretionary bonuses and comprehensive benefits packages.

About the Role

This leadership position oversees the development, implementation, and coordination of a centralized first-line of defense (LOD1) risk and internal control program for one or more business lines within our organization.

You will be responsible for ensuring risk programs and controls are consistently implemented and operating effectively across business lines as it relates to all risk types including strategic, operational, compliance, and financial risks.

Key Responsibilities
  • Built and lead a team of risk professionals to drive business line's LOD1 function, including strategic vision and implementation plans, acting as business-line liaison to Enterprise Risk Management, Operational Risk Management, and Compliance in support of our Three Lines of Defense (3LOD) Program.
  • Drive a culture of risk management and ownership through the business and enterprise, assisting leaders in assuming appropriate risk management accountabilities and responsibilities.
  • Work closely with Compliance and other Risk functions to understand and monitor applicable regulations and requirements, assess business impact, and drive projects to address needed changes.
  • Lead first line risk management activities such as Risk and Control Self Assessments.
  • Partner with Business Continuity Management on business participation in BC/DR tests and own recovery plans.
  • Oversee and monitor third-party relationships, including performance and risk management.
  • Develop and maintain process maps in alignment with our Process Classification Framework, owning process inventory and internal control environment inventory.
  • Understand aggregate and cascading risks; design, maintain, and report metrics demonstrating control effectiveness.
  • Identify issues and self-report through our ERM Self-Identified Issue Process, individually and together with other LOD1 members.
  • Direct first line testing and monitoring of controls by risk owners; ensure remediation plans exist and are sufficient for gaps and issues; track remediation plans to completion.
Requirements
  • Bachelor's degree in Business Administration, Finance, Accounting, or related field.
  • A minimum of ten years of financial services industry experience, with seven years in a 3LOD environment.
  • Demonstrated experience in multiple risk disciplines including technology, security, product, regulatory, compliance, third party, reputation, competitive, or other categories.
  • Leadership experience driving risk functions in a 3LOD setting.
  • Strong influencing skills and ability to lead in a matrixed environment.
  • Effective problem solver with change management skills.
  • Knowledge of relevant regulatory requirements.
  • Excellent communication, organization, and interpersonal skills.
  • Ability to interact with executive management.
Benefits

We offer a comprehensive compensation package that includes:

  • Competitive salary range: $195,000 - $215,000 per year.
  • Discretionary bonus potential.
  • Comprehensive benefits, including healthcare coverage, 401(k) retirement plan, paid time off, and family planning support.


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