Senior Director, Risk

Millions in the U.S. continue to be underserved or ignored by traditional financial institutions. At Stash, an investing app for more than 2 million active subscribers, we are addressing that reality by giving everyday Americans the confidence to take charge of their money and financial future. Our plans—starting at just $3 a month—provide easy and affordable access to a suite of products including investing, banking, education, and advice. Stashers are 18% more financially literate than the average American, and customers rely on Stash’s unique tools, guardrails, and content to learn about money and build wealth for the long-term. 

In 2022, we made tremendous steps forward in the Stash customer experience, through the launches of Stash Core, a new banking account experience featuring access to an upgraded Stock-Back® Debit Mastercard®, enhanced customer support, and refreshed benefits, including increased rewards; and expanded access to cryptocurrency through a separate crypto account offering. 

Our Talented Team 

We are proud to attract phenomenal individuals who share our commitment to unlocking financial opportunity for a new generation of investors. Their unique perspectives, backgrounds, and experiences have helped create a thriving and inclusive culture based on the notion of “Prioritizing People,” a Stash core value.  

Let’s solve complex problems and tackle wealth inequality.

As Senior Director of Risk you will identify, evaluate, mitigate and monitor the company’s enterprise risks. This role starts with enhancing  the current risk program and expanding it into deeper engagements with business lines, key stakeholders, the executive committee and the Board of Directors.

You will have a critical role of informing the executive leaders and business leaders of the nature and level of the company’s risks relative to its risk appetite to allow for risk informed business decisions , while also driving action to mitigate such risks.

The ideal candidate will have strong business acumen which will be leveraged to define and develop the risk program.  This candidate will also apply a contextual application of risk framework, policy, and mitigation strategies within a growth oriented, rapidly maturing, private, regulated fintech.

What you'll do: 

• Lead and develop a small enterprise risk management team
• Provide an assessment of current state of the program, set the near term roadmap to deliver against the goals of the team 
• Guide the operations of the firm’s Risk Committee
• Create and implement risk rubric through identification and scoring of current risks
• Create and implement risk assessment program across the firm
• Implement risk and change management governance protocols
• Provide risk management guidance for new business and product launches
• Streamline vendor and third party management process
• Provide a strong value-add to the leadership team through risk reporting  and ad hoc updates on internal and external risks 
• Engage and develop relationships with partners across the organization to facilitate risk reporting and support mitigation activities
• Define additional responsibilities in line with your definition and development of the risk  program you will be leading

What we're looking for:

• 8+ years experience in risk & program management with a history of implementing and/or maturing a small program; ideally within fintech, investment adviser and/or broker dealer experience
• Experienced people manager
• Strong program and project management skills, attention to detail and follow through
• Familiarity with implementing controls associated with risk frameworks such as COSO, ISO, NIST
• Strong reporting and communication skills
• Familiarity with first principles thinking
• Capacity to engage at all levels of the organization and with all aspects of Risk requirements, from risk assessment communication to leadership to policy review and individual risk mitigation approaches
• Bonus: experience fostering a risk culture in a rapidly growing private corporation and/or managing enterprise risk in the transition from private to public company

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#LI-REMOTE

At Stash it is our mission to help everyday Americans invest and build wealth. That includes people of all races,  genders, and abilities, so it is important to us to acknowledge and address the issues of inequality in financial services head on. 

Diversity and inclusion are essential to living our values, promoting innovation, and building the best products. Our success is directly related to our employees and we believe that our team should reflect the diversity of the customers that we serve.  As an Equal Opportunity Employer, Stash is committed to bui