Reinvestment Fund is seeking a Director of Enterprise Risk to lead risk management activities, as well as initiatives associated with sustainable risk frameworks. The Director of Enterprise Risk must demonstrate and apply business acumen to promote a culture of smart risk-taking and facilitate the timely and proactive identification, escalation and handling of risks, while working closely with, and under the guidance of, the Chief Risk and Compliance Officer.
Essential Duties and Responsibilities
- Lead the design and implementation of tailored, sustainable, and adaptable risk and compliance programs, including but not limited to governance, policies and procedures, metrics, monitoring and escalation.
- Participate in operational and strategic initiatives across the organization to ensure that risk management is embedded within the planning, execution, and ongoing management stages of changes.
- Advise staff and senior management on key decisions based on understanding of business, impact on resources, compliance requirements and other risk factors.
- Build and develop relationships across departments to increase awareness of business risk and formulate action plans to mitigate risks. Ensure that the consideration of risk and opportunities is part of the daily decision-making and prioritization throughout the organization.
- Source and provide the necessary tools to the departments to promote intelligence risk-taking behavior while minimizing bureaucracy.
- Manage projects with departments to build programs and processes that address significant operational and compliance risks across the organization.
- Articulate objectives, observations, and recommended actions for remediation of noted gaps; build consensus and hold stakeholders responsible for action plans focused on risk mitigation.
- Support the ongoing identification, assessment, monitoring, and aggregation key risks and risk responses
- Develop the appropriate risk reports and information files for executives and board members.
- Manage relationship with Internal Auditors and apply knowledge about the business to guide scoping, execution and reporting.
- Coordinate and monitor internal auditor process with Auditors. Work with Auditors to identify significant risks, define scope and manage sharing of risk information.
- Manage both internal staff and vendors to deliver on programs and projects.
Education and Experience
- Bachelor’s degree in Finance, Accounting, or Business-related discipline. Combination of education and experience may be acceptable.
- 8+ years of project and/or program management experience; especially in designing, implementing and managing new business processes, as well as managing multiple projects simultaneously.
- 5+ years of experience in enterprise risk management and/or operational risk management preferred; Knowledge of AML/BSA/OFAC and SEC regulation a plus.
- 3+ years of experience in the financial services industry preferred; previous consulting experience also a plus.
- Experience in applying legal and regulatory requirements to current business practices to identify potential gaps.
Skills and Qualifications
- Ability to design, implement and manage new processes with various stakeholders, requirements and interdependencies.
- Excellent interpersonal, written, and verbal communication skills and ability to work with colleagues at various levels.
- Proven analytical thinker with ability to identify, analyze and solve problems in a thoughtful manner.
- Highly motivated, energetic self-starter who takes ownership and can drive change through innovation.
- Dealing with ambiguity
- Analytical and critical thinking
- Strategic agility
- Organizational and time management skills
- Big picture thinker combined with detail-oriented action taker
- Demonstrated ability to work well under pressure
- Builds and nurtures work relationships
- Demonstrates use of emotional intelligence in daily conversations
Compensation and Benefits:
Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, paid time off, and EAP program.
Please complete the online application and attach your resume and a cover letter.
Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. We do not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disability, or status as a veteran. Reinvestment Fund is committed to diversity, equity and inclusion (DEI) throughout our Organization and in our external investment practices.
Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals this reporting will extend to your household members. You may be subject to a background check.
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