Operations Risk Lead
Affirm
Job Level
Lead
About the role
- Develop and implement a comprehensive risk management framework.
- Identify, assess, and prioritize risks across all business functions.
- Collaborate with department heads to establish risk mitigation strategies.
- Ensure compliance with relevant laws, regulations, and industry standards.
- Monitor changes in the regulatory landscape and adapt policies accordingly.
- Conduct internal audits and assessments to verify compliance.
- Oversee the internal audit function, ensuring independence and effectiveness.
- Coordinate audit plans, risk assessments, and audit execution.
- Review audit findings and recommend corrective actions.
- Design, implement, and monitor internal control processes.
- Assess the effectiveness of controls related to financial reporting, operations, and compliance.
- Create and maintain risk management policies, procedures, and guidelines.
- Communicate policies to employees and provide training as needed.
- Present risk assessments and compliance updates to the board of directors.
- Assist the board in setting risk appetite and tolerance levels.
- Collaborate with external stakeholders, including regulatory bodies and auditors.
- Foster a risk-aware culture and promote transparency and accountability.
- Balance risk and reward to enhance organizational value and identify opportunities for innovation.
Requirements
- Bachelor’s degree in business, Finance, Law, or a related field (Master’s preferred).
- Certified Risk Professional (CRP) or equivalent certification.
- Minimum of 8 years of experience in risk management, compliance, or related roles.
- Strong knowledge of industry regulations, internal controls, and best practices.
- Excellent communication, leadership, and analytical skills.
- Deep understanding of risk assessment, legal requirements, industry best practices, and internal control frameworks.
