Director, Risk

We are a hybrid, remote-office company dedicated to growing our talent anywhere!

We have onsite locations in: Sioux Falls, SD,  Scottsdale, AZ,  Louisville, KY,  Troy, MI,  Franklin, TN,  Easton, PA.

At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™. We are a financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all.  We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products.

We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success.  We celebrate, and embrace, our team members through our *HUMBLE*HUNGRY*SMART approach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve. 

About the Role:

The Operational Risk Director will assist the bank by building an operational risk oversight program.  This role will partner with, and provide credible challenge to, the first line of defense. This role will assess risk management strategies and complete internal risk assessment conclusions for operational risks. This position is strategic in providing assurance to management, regulators, and all stakeholders on compliance with the governing policies. Identify and interpret insights from data sources and communicate findings to management.

What You Will Do:

• Work with Enterprise Risk Management and various cross-functional teams to determine operational vulnerabilities.
• Participate in risk scenario analysis planning and development.
• Report to senior management on risk scenario analysis conclusions through existing risk committee structure.
• Partner with the Treasury team during capital modeling processes.
• Evaluate the adequacy of capital planning processes.
• Evaluation risk and control inventories.
• Monitor key risk, performance, and control indicators.
• Participate in evaluating counterparty risk across multiple operational areas of the bank.
• Evaluate settlements risks within the operational framework.
• Conduct financial modeling to analyze and forecast potential risks.
• Analyzes large datasets utilizing descriptive, predictive, and prescriptive analytics.
• Develops insights from historical loan performance data, forecasts performance and tracks actual performance against target.
• Designs and deploys model monitoring frameworks to assess the performance. Advise senior management of emerging trends and risks.
• Conduct other ad hoc analyses as required to support team goals.
• Other duties as assigned.

What You Will Need:

• Bachelor’s degree in finance, business, or mathematics required
• MBA Degree, preferred
• 5+ years of banking or similar experience
• 2+ years of experience with operational risk management
• Prior experience with data visualization tools
• Prior experience in dealing with regulatory agencies and/or audit firms, preferred
• Prior experience with Archer platform, preferred
• Working understanding of banking and finance
• Working understanding operational risk management strategies
• Ability to handle large volume of data and derive actionable insights.
• Strong analytical and problem-solving skills, combined with solid business acumen
• Strong written and communication skills with ability to explain complex insights to a range of audiences
• The ability to thrive in a fast-paced startup environment
• Knowledge of Microsoft Office is required
• Influencing others
• Innovation
• Strategic Thinking and Business Acumen
• Outcome Driven
• Planning and Organization
  

The responsibilities listed above are not all inclusive and may be changed at any time.

Salary range: $103,511.83 – $191,170.01

 
The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate’s experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future.
This role is also eligible for an annual performance-based incentive opportunity.  Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid ti