IT Risk Manager

About the role

The Manager, Risk Management role is responsible for the building and coordination of a centralized first-line of defense (LOD1) risk and internal control program efforts for Early Warning's [specified department or function]. The role will align with the company's Enterprise Risk Management Leadership around the structure of the 3LOD (three lines of defense) Program to ensure consistency in implementation and operationalization across the enterprise.

Responsibilities

• Aid Senior Risk Managers and LOD1 Director in meeting departmental goals and objectives.
• Build and manage the business line’s centralized LOD1 function; act as a liaison to Enterprise Risk Management, Operational Risk Management, and Compliance in support of the company’s Three-Lines of Defense (3LOD) program.
• Own and maintain the business line’s process inventory and internal control environment inventory.
• Work with Compliance (and other Risk functions) to obtain a high-level understanding of and monitor applicable regulations and requirements.
• Partner with Enterprise Risk Management in the execution of Risk and Control Self Assessments.
• Own and maintain the business line’s detailed process and technical recovery plans.
• Partner with Business Continuity Management on business line’s participation in BC/DR tests.
• Oversee and monitor the business line’s third-party relationships, including both performance and risk management.
• Support the design and build of process maps in alignment with Early Warning’s Process Classification Framework.
• Design, maintain, and report metrics (KPIs and KRIs) demonstrating control effectiveness.
• Identify and self-report issues through the ERM Self-Identified Issue Process, individually and together with other LOD1 business-line members.
• Ensure risk remediation plans exist and are sufficient; track remediation plans to completion and ensure remediation is on-time and sustainable; ensure action plans and remediation of issues by Risk Owner.
• Support business line Risk Acceptance Forms (RAF) process, when applicable.
• Support business line leadership in managing and reporting its related risks; provide reports and explanations for use in Business Reviews, Audit or Management Committee meetings.
• Collaborate with Business Intelligence to design and implement risk reports for management.
• Deliver education and awareness of risk ownership essentials.
• Continually monitor and update assessments of the control environment, keeping abreast of significant control issues, trends and developments.
• Perform internal control effectiveness test plans and procedures.
• Support the company’s commitment to protect the integrity and confidentiality of systems and data.

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, a minimum of 8 or more years of progressive audit, operational risk or other risk management experience or other proven related business experience.
• Good understanding of risk management and internal control leading practices within specialized area of focus.
• Demonstrated ability to work effectively in a complex, highly regulated environment.
• Working knowledge of regulatory requirements within specific area of focus.
• Effective communication, organization and presentation skills.
• Effective influence management skills.

Qualifications

• Knowledge of COSO’s Internal Control – Integrated Framework, or similar.
• Certification in risk management.
• First line of defense risk management experience.

Benefits

This position offers a comprehensive benefits package including healthcare coverage, a 100% company match on your first 6% deferral in the 401(k) retirement plan, flexible time off, paid parental leave, and more. Early Warning Services also prioritizes employee health and happiness through various programs and initiatives.

Pay

The base pay scale for this position in Phoenix, AZ/Chicago, IL/Washington, DC is $104,000 - $130,000, and in New York, NY/San Francisco, CA is $125,000 - $156,000. Additionally, candidates are eligible for a discretionary incentive plan and benefits.