Director of Enterprise Risk Management
Upstart
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $18,900 - $334,200 per year
Job Level
About the role
- Define and maintain the Bank's enterprise risk management framework, including risk appetite statement, risk assessment methodology, and aggregated risk reporting
- Lead the ERM Program team in executing enterprise risk assessments; maintaining risk and control inventories and gap tracking; and measuring risk quantitatively via key risk indicators for all risk categories
- Ensure consistent quantitative and qualitative risk identification, assessment, and measurement methodologies
- Direct the team's work on risk committee and board reporting, policy management, and ERM program maintenance and execution
- Direct the Operational Risk Program activities, ensuring consistent assessment methodology is applied across all product lines and providing actionable analysis and insights on high risk areas requiring action
- Serve as a senior point of escalation and relationship manager for external stakeholders including OCC examiners, internal and external auditors, capital markets partners, and lending partners
- Develop, manage, and hire for the ERM Program and Operational Risk Program teams
Requirements
- Bachelor's degree or equivalent practical experience
- 10+ years of experience in enterprise risk management in a banking or financial services environment
- Demonstrated experience building or leading an enterprise risk management program, including risk framework development, risk assessment methodology, quantitative risk measurement, and risk governance
- Direct experience working with OCC, Federal Reserve, or other federal banking regulator examination processes
Benefits
- Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly
- Generous 401(k) plan with Upstart matching $2 for every $1 contributed, up to $15,000 per year
- Employee Stock Purchase Plan (ESPP) with discounted stock purchase options for eligible employees
- Affordable medical, dental, and vision coverage, with multiple plan options - Upstart covers 90% to 100% of the cost depending on the plans you choose
- Health Savings Account contributions from Upstart for eligible plans
- Income protection benefits, including company-paid Basic Life, AD&D, and Short- and Long-Term Disability coverage, with options to purchase supplemental coverage
- Paid time off, sick and safe time, and company holidays
- Paid family and parental leave to support caregiving and major life moments
- Family-centered benefits through Carrot and Cleo, supporting fertility, parenthood, and caregiving
- Employee Assistance Program (EAP) offering mental health support and life-centered resources
- Financial wellness resources, including access to financial planning tools and a financial concierge service
- Annual wellness allowance to support your physical and emotional well-being and personal development, based on what matters most to you
- Annual productivity allowance to invest in relevant tools and resources you need to do your best work, no matter where you work from
- Connection and community through team events and onsites, all-company updates, and employee resource groups (ERGs)
- Onsite perks, including catered lunches and fully stocked micro-kitchens when working from one of our four offices, located in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!).
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
enterprise risk managementrisk appetite statementrisk assessment methodologyquantitative risk measurementrisk governancerisk and control inventorieskey risk indicatorspolicy managementoperational risk programrisk committee reporting
Soft Skills
leadershiprelationship managementcommunicationteam managementanalytical skillsproblem-solvingstakeholder engagementactionable analysisinsight generationcollaboration