Hybrid Director, Enterprise Risk Management

Posted 2 months ago

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About the role

  • 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
  • Generous leave and time off
  • Competitive retirement plans
  • Flexible work options
  • Wellness, education, and support programs

Job title

Director, Enterprise Risk Management

Job type

Experience level

Lead

Salary

$155,000 - $175,000 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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