Embedded Risk Manager (Associate Director)

Position: - Embedded Risk Manager (Associate Director)

Location: - Coppell, TX (Hybrid)

Job Description

Position Summary

• The Principal Embedded Risk Manager (ERM) specializes in serving as a central point of contact and liaison aligned with IT that drives completion of, and adherence to, risk and control commitments, obligations, and requirements for their aligned departments; and is responsible for assisting stakeholders with the identification and timely remediation of risk. They are a top-level contributor that acts independently with minimal direction. The ERM's ability to form strong relationships and communicate with a breadth and variety of management resources is critical. Attention to detail and strong time management skills are also required, along with juggling competing priorities.

Qualifications

• Familiarity with IT Infrastructure Mainframe, distributed, cloud, network, disaster recovery, automation, ITIL processes
• Able to identify Audit control gaps in engineering platforms and processes
• Strong written and verbal communications and presentation skills
• Accountable to take necessary actions to continuously meet required deadlines and goals
• Convinces others by making a strong case, bringing others along to their viewpoint; builds strong, trusting relationships while being comfortable challenging ideas.
• Thinks boldly and out of the box, generates new ideas and processes, confidently pursues challenges
• Bachelor's degree preferred with Masters or equivalent experience

Specific Responsibilities

• Follow the client processes and methodologies for risk management
• Learn to effectively use the tools required for risk management at client such as PDMS / Archer
• Comply with existing risk and control commitments and requirements

Liaison between and across the IT and the firm with the following control functions:

• Internal Audit Department
• Technical Risk Management
• Operational Risk Management
• Regulators / Regulatory Relations
• IT Risk Community of Excellence
• Management Control Testing.

Drive successful and timely completion of commitments and requirements

• Issues and Actions
• TRM network and app pen test findings, FOSS findings
• Risk acceptances and policy deviations
• PDMS Policy and Procedures document reviews

Provide guidance and become central point of contact between stakeholders and control functions

• Assist with articulating issues and remediation plans, drive timely submissions to control functions
• Assist IT teams in tracking audit deliverables and facilitating management's timely response to requests
• Track audit actions against defined delivery dates and assist with development of retarget plans as necessary.

Protect stakeholders by identifying control adherence/design effectiveness gaps as first line of defense

• Conduct proactive Continuous Improvement Questionnaire meetings to identify MSIs, policy deviations and risk acceptances to mitigate future control function findings
• Update Process, Risk & Control (PRC) framework proactively
• Review Key Performance Indicator (KPI) maker/checker compliance
• Work closely with management and stakeholders to accurately report status of audit and regulatory actions
• Collaborate effectively with the Risk Management Center of Excellence to drive the teams' timely response to TRM, external Audit, and regulatory requests.

Enable strategic improvement of IT control environment:

• Integrate risk management into each team's continuous improvement processes, roadmaps, and strategies
• Drive/facilitate control efforts
• Provide information and feedback to the CoE and control functions as appropriate
• Influence and support the Risk mindset of IT

Leadership Competencies

• Accountability: Demonstrates reliability by taking necessary actions to continuously meet required deadlines and goals.
• Global Collaboration: Applies global perspective when working within a team by being aware of own style and ensuring all relevant parties are involved in key team tasks and decisions.
• Communication: Articulates information clearly and presents information effectively and confidently when working with others.
• Influencing: Convinces others by making a strong case, bringing others along to their viewpoint; maintains strong, trusting relationships while at the same time is comfortable challenging ideas.
• Innovation and Creativity: Thinks boldly and out of the box, generates new ideas and processes, and confidently pursues challenges as new avenues of opportunity.

Qualifications

• Minimum of 6 years of Financial Services industry related experience
• Bachelor's degree preferred with Masters or equivalent experience