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Early Warning® · 1 day ago

Principal, Risk Management Consultant

Scottsdale, AZ

Full-time

Hybrid

Lead/Staff

$154K/yr - $193K/yr

15+ years exp

Early Warning is a trusted name in payments, providing cutting-edge solutions to enhance access to financial services. The Principal, Risk Management Consultant will drive an enterprise-wide risk transformation initiative, serving as a subject matter expert to implement foundational risk management practices and enhance the company's risk capabilities.

Financial ServicesFraud DetectionPaymentsRisk Management

No H1B

Responsibilities

Develop applicable risk frameworks to ensure alignment with industry best practice, regulatory requirements and threat-informed risks and controls

Ensure proper and consistent execution of enterprise frameworks and templates required to conduct risk assessments, define processes and complete RCSAs, consistent with ERM policies and procedures and in alignment with industry frameworks and regulations

Work across risk and business leadership to design and implement risk capabilities that result in best-in-class risk management practices and frameworks

Support the design and execution of the company’s enterprise-wide risk transformation roadmap

Partner with business leaders to integrate risk management principles into strategic planning, operations, and decision-making processes

Drive adoption of consistent, sustainable risk practices across the enterprise

Develop and implement standardized approaches to identifying, assessing, and managing process-level risks

Facilitate process mapping, control evaluation, and risk mitigation planning across key business areas

Organize and lead forums to identify risks (including cross-functional and emerging risks) and controls related to processes, new initiatives and significant changes, providing credible challenge throughout and providing input on the treatment of any control gaps or weaknesses

Lead and execute independent assessment and credible challenge of 1st line of defense risk management activities. Responsibilities include RCSAs, risk frameworks (including applicable policies), control testing, issues management, key risk indicators, reporting and escalation to various governance committees

Develop and maintain enterprise risk inventories and risk assessment methodologies

Provide analysis and insights to inform enterprise risk reporting and governance

Work with leaders to develop best-in-class control testing approach and ensure clarity around testing and validation requirements/schedule

Evaluate existing control environments and recommend improvements to strengthen risk management capabilities

Partner with process owners to design effective and efficient controls that address identified risks

Ensure thorough and consistent documentation of risks, controls, and mitigating actions

Support the development of enterprise risk governance structures, roles, and responsibilities

Contribute to regular risk reporting for senior leadership and board committees

Promote a culture of proactive risk management and continuous improvement

Qualification

Risk management frameworksEnterprise risk managementControl designTestingRisk identificationAssessmentOperational riskCross-functional collaborationStrategic thinkingRelationship buildingCritical thinkingWritten communicationOral communication

Required

15+ years of experience, with a minimum of 6 years in enterprise risk management, operational risk, internal audit, or related risk consulting roles in a financial institution or highly regulated environment

Strong understanding of risk management programs and industry best practices for regulated entities in the financial services industry

Strong understanding of ERM frameworks (e.g., COSO ERM, ISO 31000) and internal control principles

Experience providing independent review and challenge of first line of defense technology risks and controls

Demonstrated aptitude to think strategically, provide thought leadership to the organization and execute program initiatives

Excellent cross-functional collaboration skills, including the ability to lead forums with multiple stakeholders

Strong relationship-building skills and experience interacting with executives and functional business leaders through all levels of the organization

Strong critical thinking skills and the ability to identify practical recommendations in an evolving and increasingly complex business and regulatory environment

Excellent written/oral communication and influencing skills

Self-starter who feels comfortable operating independently

Education and/or experience typically obtained through completion of a Bachelor's degree or equivalent

Background and drug screen

Benefits

Healthcare Coverage – Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses.

401(k) Retirement Plan – Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility.

Paid Time Off – Flexible Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day.

12 weeks of Paid Parental Leave

Maven Family Planning – provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.