Risk Assessments Director

Overall Purpose

The Risk Assessments Director role is responsible for facilitating the strategic risk evaluation process by partnering with senior leadership and their risk managers. This role ensures that all new products, business initiatives, and significant changes to existing processes are rigorously assessed, with risks identified, monitored, and proactively managed to enhance the organization's resilience and drive informed decision making.

Essential Functions

• 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 indictors (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.

Minimum Qualifications

• 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.

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.

The above job description is a summary of job responsibilities and is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow instructions and perform tasks and other duties as assigned by their manager.

Physical Requirements

Working conditions consist of a normal office environment. Work is primarily sedentary and requires extensive use of a computer and involves sitting for periods of approximately four hours. Work may require occasional standing, walking, kneeling, and reaching. Must be able to lift 10 pounds occasionally and/or negligible amount of force frequently. Requires visual acuity and dexterity to view, prepare, and manipulate documents and office equipment including personal computers. Requires the ability to communicate with internal and/or external customers. Employee must be able to perform essential functions and physical requirements of position with or without reasonable accommodation.

The base pay scale for this position in:

Phoenix, AZ in USD per year is: $160,000 - $180,000.

Additionally, candidates are eligible for a discretionary incentive plan and benefits.

This pay scale is subject to change and is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific candidate, which is always dependent on legitimate factors considered at the time of job offer. Early Warning Services takes into consideration a variety of factors when determining a competitive salary offer, including, but not limited to, the job scope, market rates and geographic location of a position, candidate's education, experience, training, and specialized skills or certification(s) in relation to the job requirements and compared with internal equity (peers). The business actively supports and reviews wage equity to ensure that pay decisions are not based on gender, race, national origin, or any other protected classes.