Senior Director, New Product and Business Risk Oversight

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Who we are:

The Role:

This role is part of the Enterprise Risk Management (ERM) team within Independent Risk Management (IRM). Its primary responsibilities include being the central role in fulfilling the position of a Business Unit Risk Officer as well as setting requirements for the company-wide framework to assess New Products and Change Initiatives. This includes development and ongoing governance of risk management practices for products offered internationally.

What youll do:

• Serve as the first point of contact and escalation path for risk matters within the assigned businesses.
• Advise business leadership on risk implications of strategic initiatives product changes market entry/exit decisions and operational transformations.
• Lead IRM deal teams in partnership with the Business Compliance Officer and coordinate inputs from functional risk leads to produce a holistic IRM point of view.
• Influence and challenge senior management constructively ensuring balanced risk/reward decisions.
• Establish and oversee policy requirements for the assessment of new modified and expanded products as well as business change initiatives.
• Provide second-line oversight of the end-to-end product lifecycle to ensure alignment with the banks risk appetite regulatory expectations and strategic objectives.
• Define minimum risk management standards for new modified or expanded products across all risk types (credit market liquidity operational compliance etc.).
• Architect the ongoing IRM operating model for products globally establishing the governance structures policies and monitoring standards necessary to identify measure manage and escalate risk across risk categories.
• Establish clear new product approval thresholds documentation standards and escalation protocols.
• Set expectations for post-launch product review and performance monitoring.
• Serve as the central IRM lead partnering across IRM in developing ongoing international risk management requirements and country-level risk governance structures including risk appetite limits policies and reporting.
• Adapt the ERM framework to local regulatory and risk environments while maintaining global consistency.

What youll need:

• Bachelors degree in Finance Economics Business Administration Risk Management or related field.
• 12 years of experience in risk management within financial services with exposure to multiple risk disciplines including experience operating under globally recognized regulatory regimes.
• Demonstrated experience building Independent Risk Management practices implementing risk frameworks or overseeing risk governance across multiple regions.
• Strong understanding of principles across risk categories including credit operational market and financial-crime risk.
• Proven experience in a leadership or senior advisory role with accountability for risk oversight at a business-line level.
• Strong understanding of banking products services and regulatory requirements.
• Demonstrated ability to operate effectively in a matrixed environment collaborating across multiple functions and geographies.
• Strategic Risk Thinking Ability to synthesize complex and cross-disciplinary risk information into clear actionable insights.
• Influence & Collaboration Builds trust and drives alignment across multiple stakeholder groups in a matrix structure.
• Challenge & Oversight Constructively challenges assumptions decisions and risk-taking behaviors while remaining solution-oriented.
• Execution & Accountability Drives risk programs to completion ensuring tangible business outcomes.
• Communication Excellence Communicates risk issues and recommendations effectively at all organizational levels.

Nice to have:

• Masters degree (MBA MS Risk Management or related discipline).
• Professional certifications such as FRM PRM CFA or CRCM.
• Experience interfacing with regulators and external auditors.