What are the responsibilities and job description for the Director of Operational Risk Management position at AscendHire?
Director, Operational & Third Party Risk Management
Location: Midtown, NYC
Compensation: $175k-$200k (DOE) discretionary bonus
Work Environment: Hybrid
Shape the Future of Fintech Risk Management
Our client, a pioneering Fintech company, seeks a Director of Operational and Third Party Risk Management to lead its robust risk management initiatives. Join an innovative organization redefining cash and liquidity solutions for financial professionals. With its growth trajectory, this role not only impacts the organization today but also sets you on a clear path for career growth within an influential, cutting-edge team.
Your Impact
In this newly created role, you’ll architect the company’s risk management frameworks and provide strategic oversight to executive leadership and the Board on organizational risks, emerging opportunities, and risk mitigation. Your expertise will shape the enterprise risk landscape and directly influence high-stakes decisions.
Key Responsibilities
- Drive and enhance the ERM Program, focusing on Risk Assessments, Risk Appetite, and Key Risk Indicators.
- Oversee and manage third-party vendor risk to ensure regulatory compliance and policy adherence.
- Build strong partnerships across teams, enhancing transparency and risk management capabilities.
- Conduct risk assessments to evaluate controls, prepare insights for leadership, and refine risk reporting.
- Lead cross-functional initiatives to foster a risk-conscious culture and align teams on best practices.
- Inform company strategy by staying on top of industry trends, regulatory changes, and emerging risks.
- Champion employee education and training initiatives on operational and third-party risk management.
What You Bring
- Bachelor’s degree in Finance, Economics, or a related field.
- 7 years of experience in Operational / Third-Party Risk Management.
- Banking or financial services industry experience required
- Familiarity with risk frameworks, regulatory compliance, and vendor risk practices.
- Strong MS Office skills, including PowerPoint; controls testing experience a plus.
- Exceptional communication, problem-solving, and critical thinking skills.
Why You’ll Love It Here
- Competitive Pay & Performance Bonuses: $175k-$200k DOE, with an annual performance bonus.
- Health & Wellness Programs: Comprehensive medical, dental, and vision plans, plus wellness reimbursements.
- Flexible Hybrid Schedule: Enjoy a weekly work-life balance with three remote days.
- Professional Development: Benefit from their robust training and career advancement support.
- Education & Retirement Benefits: Take advantage of their tuition reimbursement and 401(K) match.
Ready to Advance Your Career?
If you’re excited to leverage your risk management expertise in a company that values innovation and career growth, Apply Now!
Salary : $175,000 - $200,000
