Sr. Risk Management Manager - LOD1 - Paze

Full-time - Mid Level

Hybrid - New York City, NY

Credit Intermediation and Related Activities

About the position

This position is responsible for consulting with, educating and supporting Paze 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.

Responsibilities

• Serve as a risk subject matter expert, providing guidance and process coaching to the business unit.
• Ensure timely identification, remediation, mitigation and escalation of risks and issues.
• Oversee the development and execution of the business unit's risk-based testing and monitoring program.
• Provide instruction on adequate monitoring of the business-line's third-party relationships.
• Manage audits and regulatory exams; work across business lines to gather and coordinate regulatory exam documentation.
• Collaborate with business line leadership to manage risks within the Company's risk appetite.
• Understand and adhere to the Company's regulatory requirements, policies, standards, and procedures.
• 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.
• Track audit and exam deliverables to ensure timely completion and evaluate provided materials for relevance, accuracy and completeness.
• Work with business on content for risk reporting and updates to senior management, risk committees, internal audit, and external oversight bodies.

Requirements

• Bachelor's degree in Business Administration, Finance, Accounting, or other related field.
• Minimum of six or more years of 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.

Nice-to-haves

• Knowledge of COSO's Internal Control - Integrated Framework, or similar.
• Legal/paralegal or Compliance experience.
• Certification in risk management.
• First line of defense risk management experience.

Benefits

• Healthcare Coverage - Competitive medical (PPO/HDHP), dental, and vision plans.
• 401(k) Retirement Plan - Featuring a 100% Company Safe Harbor Match on your first 6% deferral.
• Paid Time Off - Unlimited Time Off for Exempt employees, generous PTO for Non-Exempt 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.