CFA Institute is the world’s largest association of investment management professionals. As a global, independent organization, with a community of more than 175,000 members and 150+ member societies, we lead the investment profession by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society.
At CFA Institute, we care about our employees’ mental, physical, social, and financial well-being. That’s why we are committed to providing a comprehensive, competitive benefits package that offers flexibility to make choices that meet their needs:
Health & Well-being benefits that are amongst the best in the industry with full comprehensive Medical, Dental, and Vision for employees and their family members
Comprehensive Leave and Time Off plans
A focus on Financial Well-being means that we stack our retirement benefits against the most competitive standards.
Flexible work arrangements
Education, and Employee Assistance Benefits
The Senior Manager, Enterprise Risk Management role reports to the Global Head of Enterprise Risk Management (ERM) and is located in New York, NY / Charlottesville VA, / London, UK / Hong Kong, Special Administrative Region of the People's Republic of China. The Senior Manager, ERM will play a lead role in the development, analysis, and documentation of CFA Institute’s Global ERM Program to include identification of risks, risk assessments/risk control self-assessments (RCSA), policies, procedures, reporting/monitoring metrics, issues and recommendations.
Entails a focus on and understanding of subject matter areas such as risk management (financial, operational, compliance, etc.), business resiliency, and technology/information security. Incumbent will have exposure across lines of business and the opportunity to work with senior management to create and implement innovative solutions to identify and mitigate potential risks to the organization globally and regionally. Incumbent will provide risk insight and guide management on risk issues and serves as a “dot connector” and a trusted advisor to the CFA Institute across its three lines of defense.
The Senior Enterprise Risk Manager has accountability for supporting the Risk Policy, Risk Appetite and ERM Framework globally across CFA Institute. The key components of the Framework include assessing and approving significant change, ensuring the risks of the proposal have been appropriately identified and addressed, whilst facilitating and maintaining Risk and Control Self Assessments and driving Live Risk management practices. The incumbent will also be leading issue management activities and related investigations while reviewing critical control design and performance as assessed by the control and risk owners.
The role requires a deep understanding of enterprise risk management, and the ability to exercise exceptional judgement to effectively manage risk.
This position is required to handle highly confidential matters and materials with discretion. The responsibilities of this position includes, but is not limited to the following:
Support Head of ERM to institutionalize the risk oversight and governance structure across the organization.
Influence CFA Institute employees to adopt risk management principles of risk ownership, accountability and transparency that promotes a strong risk aware culture that commensurate with CFA Institute’s Risk Appetite. Work closely with stakeholders across the organization to build and enhance the Global Enterprise Risk Management portfolio of efforts to raise the risk posture of the organization in accordance with CFA Institute’s Risk Policy and risk governance and oversight committees (Internal and Board).
Develop and deliver audience appropriate ERM trainings to enhance the “culture” of risk management and ensure application of risk management in business processes are embedded in the organization.
Positions ERM as a ‘strategy enabling’ capability, helping the organization understand the risks that could impact the organization’s strategy or a function’s objectives as well as identify opportunities.
Build, maintain, and enhance business relations with the first, second and third lines of defense to ensure a smooth implementation of the global ERM program activities across the organization.
Partner with other regional/functional areas to identify potential risks and collaborate effectively to achieve ERM program objectives.
Provide advice and influence risk management strategies and educate risk owners on best practices. Analyze information gathered from on-going collaboration with functional areas to develop and implement risk solutions to ensure CFA Institute’s continued stability and success. Work closely with counterparts in internal audit and other second line of defense risk areas. Maintain confidentiality of confidential and sensitive information associated with position.
As the Senior Manager, Enterprise Risk Management - Governance and Risk Reporting, you will have the opportunity to:
The skills and experience required for this role are:
Minimum 10 years of experience in risk management within the financial services industry or equivalent in a global capacity.
Demonstrated integrity and ability to maintain principles under internal and/or external pressure.
High level of competency in juggling competing priorities and changing expectations
Willingness to ask questions rather than just follow directions is required