Investments and Capital Markets Risk Governance Manager - Software Placement Group : Job Details

Investments and Capital Markets Risk Governance Manager

Our esteemed firm, based in McLean, Virginia, is actively seeking a dynamic Investments and Capital Markets Risk Governance Manager to spearhead technology-related risk and governance activities. Nestled within the first line of defense, this pivotal role primarily focuses on ensuring rigorous governance and robust risk management frameworks across our Investments & Capital Markets (I&CM) division. This position involves detailed collaboration with divisional operational risk teams, technology units, and business partners. With a commitment to improving our risk processes and control environment, the role is instrumental in enhancing technology control, governance, risk, and compliance activities across the firm.

Salary: $145,000.00 - $175,000.00 per year

Essential Duties and Responsibilities:

• Lead the design, documentation, and implementation of technology process risks and control measures, including the establishment, maintenance, and validation of SOX and non-SOX technical controls.
• Engage in continuous risk assessments to identify gaps, emerging threats, and readiness for reviews involving second and third lines of defense.
• Conduct and document quarterly Risk Control Self-Assessments for I&CM technology processes.
• Facilitate and support the business during second line of defense oversight activities, internal audits, and Federal Housing Finance Agency examinations.
• Identify, assess, and manage remediation action plans for technology process issues, while evaluating their severity and potential impacts.
• Proactively monitor business/market changes to anticipate and discuss tech-related risks with relevant stakeholders.
• Provide input on risk and controls for new business initiatives and governance proposals within I&CM.
• Perform root cause analysis of operational risk events and craft detailed reports for senior management.
• Generate, review, and update risk and compliance documentation for various internal and external stakeholders.
• Develop and refine technical risk procedures, job aides, and processes flows to strengthen the division's risk management practices.
• Maintain accurate records and validation of information in risk databases and governance repositories.
• Produce periodic reports on risk indicators and divisional technology risk and control issues, advocating for process improvements.
• Handle ad-hoc projects related to risk governance as required.

Minimum Position Qualifications:

• 4-9 years of experience in risk management, governance, audit, or related fields, with a robust understanding of technology processes.
• Demonstrated capability in risk investigation, assessment, and collaboration with both technical and non-technical stakeholders for effective remediation.
• Prior experience in financial services or product development sectors, with a strong preference for candidates possessing technology process engagement.
• Bachelor's degree in Finance, Risk Management, Information Security, or related technology fields; equivalent professional experience will also be considered.
• Experience with Sarbanes-Oxley compliance, Risk and Control Self-Assessments, and risk management in technology processes.

Preferred Qualifications:

• Professional certifications such as CIA, CISA, CISSP, PMP, CISM, CRISC, or equivalent, or active pursuit thereof.
• Advanced skills in formulating control language, documenting governance, and proactive risk identification.

Skills:

• Exceptional analytical and problem-solving skills, with a keen attention to detail.
• Strong communication abilities for effective stakeholder engagement and reporting.
• Proficiency in managing multiple projects simultaneously with a proactive and meticulous approach.
• Adaptability to rapidly changing circumstances and ability to handle high-stress situations.
• Leadership qualities, even in non-managerial roles, to influence and guide cross-functional teams.