Operational Risk Lead

San Francisco, CA - USA

Monthly Salary: Not Disclosed

Posted on: 23 hours ago

Vacancies: 1 Vacancy

Job Summary

Block is one company built from many blocks all united by the same purpose of economic empowerment. The blocks that form our foundational teams People Finance Counsel Hardware Information Security Platform Infrastructure Engineering and more provide support and guidance at the corporate level. They work across business groups and around the globe spanning time zones and disciplines to develop inclusive People policies forecast finances give legal counsel safeguard systems nurture new initiatives and more. Every challenge creates possibilities and we need different perspectives to see them all. Bring yours to Block.

The Role

Square Financial Services Inc. (SFS) was approved for an industrial bank charter by the Utah Department of Financial Services (UDFI) and deposit insurance from the Federal Deposit Insurance Corporation (FDIC) in March 2020. The Bank opened in March 2021 as a Utah corporation and has since been delivering on Blocks mission of economic empowerment by helping small business owners and underserved communities across the United States.

SFS has launched a search for an Operational Risk Leader who will report to the Chief Risk Officer. You will be responsible for designing implementing and overseeing a comprehensive operational risk management program for the Bank ensuring alignment with regulatory requirements and industry best practices.

You Will

Develop and implement an enterprise-wide operational risk management framework for SFS
Establish operational risk policies procedures and

You Have

8 years of operational risk management experience in financial services or banking
Proven track record of at least 3 years managing and developing high-performing teams
Demonstrated experience building or significantly enhancing operational risk programs
Bachelors degree in Finance Risk Management Business or related field; MBA or relevant certifications (FRM PRM CORMS) strongly preferred
Deep knowledge of operational risk frameworks methodologies and regulatory requirements
Experience working with bank regulators (FDIC OCC Federal Reserve state banking departments)
Strong leadership and stakeholder management skills
Excellent communication skills with ability to influence at all levels of the organization
Proficiency in leveraging AI tools and technologies to enhance productivity and solve complex problems
Strategic thinker with hands-on execution capabilities
Passion for Block and desire to help customers
Thrives in fast-paced innovative environments with evolving priorities

Were working to build a more inclusive economy where our customers have equal access to opportunity and we strive to live by these same values in building our workplace. Block is an equal opportunity employer evaluating all employees and job applicants without regard to identity or any legally protected class. We also consider qualified applicants with criminal histories for employment on our team and always assess candidates on an individualized basis.

We believe in being fair and are committed to an inclusive interview experience including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter who will treat these requests as confidentially as possible. Want to learn more about what were doing to build a workplace that is fair and square Check out our ID page.

Block will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and fair chance ordinances.

The Role

You Will

Develop and implement an enterprise-wide operational risk management framework for SFS
Establish operational risk policies procedures and

You Have

8 years of operational risk management experience in financial services or banking
Proven track record of at least 3 years managing and developing high-performing teams
Demonstrated experience building or significantly enhancing operational risk programs
Bachelors degree in Finance Risk Management Business or related field; MBA or relevant certifications (FRM PRM CORMS) strongly preferred
Deep knowledge of operational risk frameworks methodologies and regulatory requirements
Experience working with bank regulators (FDIC OCC Federal Reserve state banking departments)
Strong leadership and stakeholder management skills
Excellent communication skills with ability to influence at all levels of the organization
Proficiency in leveraging AI tools and technologies to enhance productivity and solve complex problems
Strategic thinker with hands-on execution capabilities
Passion for Block and desire to help customers
Thrives in fast-paced innovative environments with evolving priorities

Block will consider qualified applicants with arrest or conviction records for employment in accordance with state and local laws and fair chance ordinances.