Director, Risk Management (LOD1)

At Early Warning, we’ve powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle®, Paze℠, and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses.Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment. Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship.OverviewThe Director, Risk Management is responsible for the development, implementation and coordination of a centralized first-line of defense (LOD1) risk and internal control program for Early Warning’s Payments and Risk Products business lines. This newly consolidated role is designed to ensure risk programs and controls are implemented consistently and operating effectively across these business lines as it relates to all risk types including strategic, operational, compliance and financial. The role will be required to align with the company’s Enterprise Risk Management leadership around the structure of the 3LOD (three lines of defense) Program to ensure the consistency in the implementation and operationalization across the enterprise.Essential FunctionsBuild and manage the business line’s centralized LOD1 function, including strategic vision and implementation plans, acting as business-line liaison to Enterprise Risk Management, Operational Risk Management, and Compliance in support of the company’s 3LOD program.Work with Compliance and other Risk functions to understand and monitor applicable regulations and requirements, assess business impact and drive appropriate projects and processes to address needed changes.Partner with Enterprise Risk Management in the execution of Risk and Control Self Assessments.Partner with Business Continuity Management on business’ participation in BC/DR tests, and own and maintain required process and technical recovery plans.Oversee and monitor the business-lines’ third-party relationships, including both performance and risk management.Assist the business-line in the design and build of process maps in alignment with Early Warning’s Process Classification Framework. Own and maintain business-lines’ process inventory and internal control environment inventory. Design, maintain, and report metrics (KPIs and KRIs) demonstrating control effectiveness.Identify and self-report issues through the ERM Self-Identified Issue Process; individually and together with other LOD1 business-line membersEnsure risk remediation plans exist and are sufficient; track remediation plans to completion and ensure remediation is on-time and sustainable; ensure action plans and remediation of issues by risk owne...