at Early Warning Services in Chicago, Illinois, United States
Job Description
At Early Warning, we've powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle, Paze, and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses.
Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment.
Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship.
Overall Purpose
As part of the second-line Enterprise and Operational Risk Management team, this role is at the center of helping Early Warning achieve its business objectives through sound risk management practices. Coordinate and execute independent assessment and credible challenge for 1st line of defense risk management activities. This will include RCSAs, issues management, key risk indicators, reporting and escalation to various governance committees.
Essential Functions
Evaluate applicable risk frameworks to ensure alignment with industry best practice, regulatory requirements and threat-informed risks and controls
Ensure proper and consistent execution of enterprise frameworks and templates required to conduct risk assessments, define processes and complete RCSAs, consistent with ERM policies and procedures and in alignment with industry frameworks and regulations
Organize and facilitate forums to identify risks (including cross-functional and emerging risks) and controls related to technology processes, new initiatives and significant changes, providing credible challenge throughout and providing input on the treatment of any control gaps or weaknesses
Work with independent testing/validation team and business process owners to develop test scripts and ensure clarity around testing and validation requirements/schedule
Identify and document risk events and issues working with the data team; evaluate and provide credible challenge on the adequacy of severity ratings, root cause analysis and remediation plans
Provide ongoing consulting to ensure closure of issues/risk events and prepare material to support escalation to risk committees as needed
Assist data business leaders and 1st line risk advisor(s) to present relevant material at risk governance meetings and other business risk routines and challenge that appropriate action is taken to respond to changes in key risk indicators and development of new risk indicators as may be necessary
Identify risk trends and themes through analysis of relevant data, form independent assessment of risk levels in the Data organization, and work with subject matter experts across 2LOD regarding individual risk types associated with the business
Identify training opportunities and work with other 2nd line teams to design and deliver training
Support the company's commitment to risk management and protecting the integrity and confidentiality of systems and data
Minimum Qualifications
Experience providing independent review and challenge of first line of defense technology risks and controls.
Strong understanding of risk management programs and industry best practices for regulated entities in the financial services industry,
Demonstrated aptitude to think strategically, provide thought leadership to the organization and execute program initiatives
Excellent cross-functional collaboration skills, including the ability to lead forums with multiple stakeholders
Strong relationship-building skills and experience interacting with executives and functional business leaders through all levels of the organization
Strong critical thinking skills and the ability to identify practical recommendations in an evolving and increasingly complex business and regulatory environment
Excellent written/oral communication and influencing skills
Self-starter who feels comfortable operating independently
Education and/or experience typically obtained through completion of a Bachelor's degree or equivalent
Background and drug screen
Data Office Org Role:
8+ years of experience in a data related role, with a strong understanding of data governance, data architecture and data risk management in a regulated entity
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,... For full info follow application link.
Early Warning is an equal opportunity employer that takes affirmative action to employ, and advance in employment, qualified minorities, women, individuals with disabilities and covered veterans.
