Technology Risk Management Director - Decision Intelligence

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.

Serve as the first line risk leader aligned to a Data and/or Technology team. Provide day-to-day risk management guidance and oversight as part of the First Line of Defense risk team.

Lead the execution and evolution of the enterprise technology risk management framework in alignment with the company's risk appetite and regulatory obligations.

Partner with Technology, Data, Security and Business stakeholders to assess risk across systems, platforms and products.

Demonstrate experience and understanding of Technical, Security and Data regulatory requirements and industry best practices.

Translate technical risk into business terms for Product Executives, advise Technology and Product Executives on risk mitigation strategies.

Demonstrated experience providing executive level verbal and written messaging and communications skills fit for executive leadership and external audit and regulatory oversight agencies.

Overview

The Director, Risk Management is responsible for the development, implementation and coordination of a centralized first-line of defense (LOD1) regulatory and audit management program for Early Warning’s business lines. This role is designed to ensure 1LOD regulatory and audit management risk program is implemented consistently and operating effectively across designated business line(s). The role will be required to align with the company’s Enterprise Risk Management leadership around the structure of the 3LOD (three lines of defense) Program to ensure the consistency in the implementation and operationalization across the enterprise.

Essential Functions

• Build and manage assigned business line’s centralized LOD1 regulatory and audit management function, including strategic vision and implementation plans, acting as the assigned business liaison to Enterprise Risk Management, Operational Risk Management, and Compliance in support of the company’s 3LOD program.
• Work with Compliance and other Risk functions to understand and monitor applicable regulations and requirements, assess business impact and drive appropriate projects and processes to address needed changes.
• Partner with Enterprise Risk Management in the execution of Risk and Control Self Assessments.
• Partner with Business Continuity Management on business’ participation in BC/DR tests, and own and maintain required process and technical recovery plans.
• Oversee and monitor the business-lines’ third-party relationships, including both performance and risk management.
• Assist the business-line in the design and build of process maps in alignment with Early Warning’s Process Classification Framework. Own and maintain assigned business-lines’ process inventory and internal control environment inventory. Design, maintain, and report metrics (KPIs and KRIs) demonstrating control effectiveness.
• Identify and self-report issues through the ERM Self-Identified Issue Process; individually and together with other LOD1 business-line members
• Ensure risk remediation plans exist and are sufficient; track remediation plans to completion and ensure remediation is on-time and sustainable; ensure action plans and remediation of issues by risk owners.
• Support assigned business-line Risk Acceptance Forms (RAF) process, when applicable.
• Drive periodic executive level reporting regarding business risk management activities, working closely with assigned business-line leadership
• Develop, in alignment with ERM’s frameworks, a 1LOD risk management governance process across the business lines to support decision making and escalation regarding risks that may be not be consistent with the business’ risk tolerance
• Deliver education and awareness of risk ownership essentials.
• Continually monitor and update assessments of the control environment, keeping abreast of significant control issues, trends and developments.  Perform internal control effectiveness test plans and procedures.
• May lead or mentor risk