Risk Assessments Director

Risk Assessments Director

Requirements

• Education and/or experience typically obtained through completion of a bachelor’s degree.
• 10 or more years of audit, process improvement, or risk management experience.
• Experience with the ‘three lines of defense’ model.
• Strong understanding of compliance and risk management frameworks.
• Highly effective verbal and written communication and presentation skills with all levels of the organization.
• Strong interpersonal and collaborative skills to build partnerships and alliances and influence strong risk management practices.
• Excellent problem solving and critical thinking skills.
• Proactive self-starter.
• Highly organized with ability to prioritize multiple tasks and achieve objectives in a fast-paced environment.
• Unyielding commitment to highest professional ethics.
• Comfortable to work in an ambiguous environment.
• Background and drug screen.

Responsibilities

• Designs and oversees the organization’s enterprise-wide risk assessment framework, ensuring alignment with strategic objectives and regulatory expectations.
• Leads and drives the execution of product and operations risk assessments and new business initiatives.
• Ensures all appropriate parties identify issues within the parameters of operational risk programs and processes; ensures documentation and reporting of results to management; escalates as appropriate; and oversees remediation.
• Oversees the identification of key risks and mitigating controls including oversight and challenge of the assessment owner in determining appropriate action plans necessary to address gaps in identified controls or missing controls, inclusive of a risk assessment.
• Oversees and challenges root cause analyses on identified risk events and recommend improvements to prevent these risk events from reoccurring in future.
• Recommends improvements to enhance programs to maintain currency with changing business and regulatory requirements.
• Strategizes with management in the design and implementation of key risk indicators (risk tolerance metrics).
• Identifies emerging risks, facilitate discussions with the business to develop a risk response strategy, and make recommendations to improve the related control environments.
• Leads other various risk management projects and delivers results with minimal oversight.
• Establishes and maintains effective working relationships within the business units and departments.
• Designs reports to executive management and committees.
• Evolves and improves the risk assessment process.
• Supports the company’s commitment to risk management and protecting the integrity and confidentiality of systems and data.

Preferred Qualifications

• Risk management certification, such as CERP, CRMP.
• Risk management certification related to the payments industry.
• PMP, Six Sigma, or Lean training/certification.
• Experience working with regulators through audits, findings, MRAs, etc.
• Technology risk experience.