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Senior Product Owner, Risk

DriveWealth
New York City, United Statesfull_timeVerifiedPosted 4 Dec 2024
💰 $200,000/yr($150,000/yr$200,000/yr)

About the role

DriveWealth is a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices.

Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. DriveWealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.

We seek enthusiastic professionals to contribute diverse perspectives and experiences to our Brokerage-as-a-Service platform. Our culture blends the pace and opportunity of a tech start-up with the impact, stability, and significance of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. We value diversity and inclusion, celebrating the unique differences of our employees as we scale and grow together. We’re guided by operating principles grounded in accountability, teamwork, integrity, and solutions built to scale. Join us!

About the Role

Our Product Managers help bring our mission to life through the design, build, implementation, and iteration of tools that power financial independence. In this role, you will lead our risk management initiatives, owning key delivery milestones and goals centered on identifying, assessing, and mitigating risks across our products and services.

What You’ll Do

  • Take full ownership and accountability for the risk management product portfolio, ensuring robust frameworks are in place to assess and mitigate risks across our platforms and operations
  • Collaborate with internal risk teams, data security, legal, and external risk assessment agencies to ensure our solutions comply with risk mitigation standards across all partners and jurisdictions
  • Lead the end-to-end definition, delivery, and go-to-market deliverables for risk management initiatives you oversee
  • Identify and implement scalable risk management capabilities ahead of business growth plans
  • Streamline and automate processes to improve the time to market for risk-related changes and new initiatives
  • Leverage your platform and process design expertise to ensure cross-functional adoption of risk management best practices (e.g., trading, middle office, operations, and data)
  • Manage third-party relationships, including technology vendors, insurance providers, and third-party risk assessment partners, in support of risk management
  • Analyze large datasets across platforms and partners to identify, track, and mitigate potential risks, focusing on data integrity, accessibility, and risk governance
  • Define, track, and analyze key performance metrics that illustrate the effectiveness of risk management products
  • Partner with project managers, engineering teams, and other product owners to deliver solutions that mitigate risk and enhance overall business resilience

What You’ll Need

  • Product leadership skills with a strong understanding of risk management frameworks, including but not limited to risk identification, assessment, and mitigation strategies
  • Experience developing and implementing internal controls and processes to ensure effective risk management across products, teams, and external partners
  • Proven ability to design, implement, and operate risk management capabilities for retail and institutional customers
  • Ability to lead by example and act as a “player/coach,” driving change across the organization and influencing key stakeholders in the risk management space
  • Comfort in navigating complex customer, trade lifecycle systems, and workflows, emphasizing identifying and mitigating potential risks
  • Strong communication skills and the ability to oversee and communicate across a cross-functional team in a matrixed environment
  • Ability to prioritize and focus team efforts on critical risk areas amidst ambiguity and complexity
  • A track record of successful engagement with external counterparts in the financial industry, including brokers, clearing firms, insurers, and third-party risk management providers
  • Alignment with DriveWealth’s Operating Principles, including accountability, teamwork, transparency, urgency, and integrity

Additional Requirements

  • FINRA Series SIE, 7 & 4 registrations, or a commitment to acquire within the first year of employment (with support from your manager)
Applicants must be authorized to work for any employer in the U.S. DriveWealth is unable to sponsor or take over sponsors

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Company

DriveWealth

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