Director of Enterprise Risk Management leading operational risk management for CFA Institute. Evolving ERM framework and embedding risk-based decision-making in enterprise processes.
Responsibilities
Own the global Operational Risk Management (ORM) program: maintain the risk and control library; calibrate early warning signals; and align risk appetite metrics with business objectives
Design, implement, and oversee internal controls across critical processes; coordinate testing and monitoring; track issues and remediation to closure (issues management)
Lead enterprise processes for incident/loss event capture, root-cause analysis, and thematic remediation; surface early warning indicators and control gaps
Partner with Internal Audit, Compliance, Information Security, and Business Continuity
Monitor regulatory/market changes relevant to CFA Institute operations; assess impacts on risk exposure and internal controls, and coordinate responses
Oversee third‑party/outsourcing risk practices in partnership with Procurement, Legal, and Cybersecurity to ensure proportionate controls and ongoing monitoring
Evolve the risk taxonomy and risk appetite statements within the ERM framework; ensure clear accountabilities and integration with enterprise planning and performance
Draft, maintain, and socialize risk policies, standards, and procedures; guide functions on proportionate risk-taking and control design
Provide independent risk challenge to strategic and operational decisions; prepare recommendations for leadership
Design executive and Board-facing risk reports and dashboards; lead data collection, quality assurance, and controls for risk data
Conduct enterprise and project-level risk analysis, including scenario modeling and stress tests; translate insights into actionable recommendations
Establish common data definitions/metadata and reporting templates; drive process and system enhancements for automation and transparency
Provide specialist risk advisory across the initiative lifecycle (idea → execution → close): identify, assess, prioritize, and monitor risks; propose mitigation options and decision trade-offs
Embed quantitative and qualitative risk methods (e.g., sensitivity/Monte Carlo where applicable) and project risk practices into major initiatives and products
Support business cases and investment decisions with risk-adjusted perspectives and clear disclosure of assumptions and residual risks
Sponsor the Global Risk Champions Network; develop targeted training and communications to strengthen front-line risk ownership
Coach leaders and teams to apply risk principles, elevate decision quality, and foster an accountable, control-conscious culture
Prepare concise, audience-tailored materials that clarify risk positions and recommended actions
Requirements
Bachelor’s degree required in Risk Management, Finance, Economics, Analytics or related field
Professional certifications preferred: IRM (IRM/CMIRM), FRM (GARP), PMI‑RMP; internal controls/assurance credentials a plus (e.g., CIA, CPA, CRMA, CISA)
Significant experience in a complex, global organization with a dedicated focus on ERM/operational risk/internal controls with progressively increasing scope and influence
Demonstrated success designing and operationalizing ERM frameworks and control testing/monitoring at scale
Proven ability to build cross-functional networks and influence senior leaders and governance bodies
Strong background in risk analytics and reporting (data acquisition, data control, database reporting, scenario analysis/stress testing); adept at turning complex analysis into clear, decision-ready insights
Experience collaborating with Internal Audit/Compliance/InfoSec and managing third‑party/outsourcing risks
Advanced proficiency in risk management; data collection and analysis; review and reporting; policy and regulation; project risk and issue management; budget and control; data control; database reporting; numerical and statistical analysis
Excellent communication – written, verbal, and presentation – with the ability to convey challenging messages diplomatically
High integrity, sound judgment, and ability to balance principle with pragmatism under pressure
Global cultural orientation and experience working across regions and time zones
Benefits
Comprehensive health coverage for you and your family
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