Head of Risk Management – FI, Green Pier

Responsibilities

• own and maintain BU’s Operational Risk framework
• lead RCSA, Proactive Assessment, Control Testing and Readiness Assessment cycles
• define tolerance thresholds and escalation triggers in alignment with the enterprise-wise escalation policy
• identify key risks, evaluate inherent / residual risk levels, and validate control effectiveness
• identify risk gaps before product go-live
• oversee the 15c-3 regulatory Market Access Program
• maintain operational loss event and near-miss tracking as well as overarching emerging risk identification
• act as primary point of contact for operational risk topics in regulatory exams (SEC, FINRA etc.)
• monitor evolving regulatory requirements and assess business impact
• provide ongoing feedback, structured development plans and stretch assignments to grow department talent

• at least 15 plus years of relevant risk management experience
• deep understanding of the Brokerage Business including the trade lifecycle, Clearing, Custody, Prime Brokerage, Sec Lending and Cap Markets Trading
• regulatory fluency in Custody / Clearing / Prime space
• ability to operate at both – strategic and tactical levels including root-cause analysis to executive presentations
• ability to lead teams across locations and time zones maintaining cohesion and accountability
• Series 7 / 24 (required or obtained within 90 days of hire)

• Risk Control Self-Assessment (RCSA)
• Control Testing
• Readiness Assessment
• Root-Cause Analysis
• Market Access Program Oversight
• Operational Loss Event Tracking
• Emerging Risk Identification
• Tolerance Threshold Definition
• Escalation Trigger Definition
• Regulatory Requirements Monitoring

• Team Cohesion
• Accountability
• Feedback Provision
• Structured Development Planning

• Series 7
• Series 24