VP, Enterprise Risk Management

Together we fight for everyone's opportunity for a better financial future.

We will do this together - with customers, partners and colleagues. We will fight for others, not against:
We will stand up for and champion everyone's access to opportunities. The status quo is not good enough ... we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with - and those we acquire throughout our lives - are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work.

Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

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Position Overview:

We are seeking a highly skilled and experienced Vice President, Enterprise Risk Management to lead and mature our enterprise risk management (ERM) framework. This role is pivotal in identifying, assessing, and mitigating financial and non-financial risks across the organization, ensuring alignment with strategic objectives and regulatory requirements. The VP will partner with senior leadership to embed risk awareness into decision-making and strengthen organizational resilience.

Key Responsibilities:

Enterprise Risk Strategy & Assessment

• Maintain and enhance a robust ERM strategy aligned with the organization's risk appetite and strategic goals.
• Manage risk programs spanning financial and non-financial risk disciplines across our business lines.
• Conduct comprehensive risk assessments across all business lines, including employee benefits, retirement, retail wealth management, and investment management.

Risk Framework Development

• Maintain and enhance the ERM framework, including policies, procedures, and tools to identify, measure, monitor, and report risks.

Regulatory Compliance

• Ensure compliance with applicable laws, regulations, and industry standards.
• Stay current on regulatory changes and collaborate with legal and compliance teams to manage associated risks.

Risk Reporting & Communication

• Establish effective risk reporting mechanisms.
• Prepare and present risk management reports to senior leadership and the Board, highlighting key risks, mitigation strategies, and overall exposure.

Cross-Functional Collaboration

• Partner with business units and line-of-business chief risk officers to promote a risk-aware culture and integrate risk considerations into business decisions.

Crisis Management & Business Continuity

• Develop and maintain crisis management and business continuity plans to minimize operational disruptions.

Training & Development

• Design and deliver comprehensive training programs to educate employees on risk management practices and foster a culture of risk awareness.

Qualifications:

• Bachelor's degree in Finance, Risk Management, Business Administration, or related field;
  Master's degree or professional certification (FRM, PRM, CPA) preferred.
• Minimum of 10 years of experience in risk management within financial services, with strong knowledge of employee benefits, retirement, wealth management, and investment management.
• Proven experience leading ERM strategies and initiatives, including developing and maturing risk frameworks.
• Strong commitment to integrity and Ethical standards, with A focus on Compliance and corporate governance.
• Strong analytical and problem-solving skills with ability to translate complex risk issues into actionable strategies.
• Excellent communication and presentation skills to engage and influence stakeholders at all levels.
• Demonstrated ability to work collaboratively in a fast-paced, dynamic environment.

Top Three Traits for Success:

Strategic Vision: Ability to align risk management initiatives with organizational goals, anticipate challenges, and adjust strategies to safeguard assets and reputation.
Strong Analytical

Skills:

Expertise in interpreting quantitative and qualitative data to identify vulnerabilities, evaluate risk exposure, and develop mitigation strategies.
Exceptional Communication & Leadership: Skilled at articulating risk concepts clearly, fostering a risk-aware culture, and influencing decision-making across all levels.

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Compensation Pay Disclosure:

Voya is committed to pay that's fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e.,…