Job Overview
The Operational Risk and Control team is responsible for establishing and supporting cross-functional operational risk management programs and processes across the organization. We are seeking an experienced professional with a background in audit, information security, or risk management to help facilitate firmwide operational risk management programs. In this role, you will report directly to the Head of Operational Risk and Control and will collaborate closely with Information Technology and other business units across the organization to develop, implement, monitor, and enhance operational risk management policies, procedures, and controls. The professional who fills this position will be a significant contributor to firmwide operational risk management programs with an opportunity to learn and contribute to a wide variety of matters.
Responsibilities
- Contribute to the development, implementation, monitoring, and enhancement of operational risk management policies, procedures, and controls.
- Manage the vendor risk oversight program by coordinating vendor risk assessments and technical reviews.
- Contribute to enhancing and executing firmwide internal testing and business continuity planning programs.
- Support data management and governance initiatives by implementing related policies and procedures, operationalizing controls, and designing and delivering training programs.
- Collaborate with IT professionals to assess technology-related risks, translate technical concepts into practical solutions, and design effective controls within business processes.
- Partner with cybersecurity teams to identify, assess, and remediate vulnerabilities and threats.
- Contribute to the administration of third-party control examinations, including SOC 1.
- Develop and deliver training programs to promote operational risk management best practices among stakeholders.
- Stay current with emerging technology risks and regulatory developments to continuously improve the organization’s risk posture.
- Support automation projects through collaboration with our IT teams.
Our Ideal Candidate
- Is a self-starter that works proactively and thinks both strategically and tactically
- Maintains a superior work ethic, has strong analytical and organizational skills and a strong attention to detail
- Has excellent interpersonal, verbal and written communication skills and is able to work collaboratively with various levels of the organization
- Has demonstrated the ability to prioritize and effectively manage competing priorities and projects
- Can thrive in a dynamic, fast paced environment and prioritize under tight deadlines
- Identifies opportunities to improve existing processes and procedures
Qualifications
- 6–8 years of experience in operational risk management, audit, or information security; prior experience at an investment manager or working closely with IT teams is highly desirable.
- Strong analytical and organizational skills with keen attention to detail.
- Proven ability to collaborate with technical and business teams.
- Excellent presentation, written, and verbal communication skills with the ability to work effectively with and engage both technical and non-technical audiences.
- Experience in internal audit, controls testing and monitoring (e.g., SOC 1), or similar processes strongly preferred.
- Information security, data management, and other technical skills (e.g., SQL, Microsoft Excel) a plus
Arrowstreet Capital is a Boston-based systematic investment firm that manages global equity portfolios for institutional investors around the world.
All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, ancestry, genetic information, age, pregnancy, medical condition, disability, veteran or military status, marital status or any other characteristic protected by federal, state, or local law.
Arrowstreet Capital is committed to working with and providing reasonable accommodations for qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation for any part of the employment process due to a disability, contact us to discuss the nature of your request and contact information.
Top Skills
What We Do
Arrowstreet Capital is a Boston-based investment manager that provides global and international equity investment strategies and fund products to institutional investors such as pension plans, endowments, foundations, and registered/unregistered commingled investment funds.
We offer a select range of global equity investment strategies managed as long-only, alpha extension and long/short utilizing a broad range of instruments, including swaps and futures. Our investment process utilizes quantitative methods that focus on identifying and incorporating investment signals into our proprietary return, risk and transaction cost models. Our investment approach involves creating and investing in diversified equity portfolios. We utilize a structured investment process that attempts to add value relative to a client specific benchmark. This involves identifying opportunities across companies, sectors and countries by evaluating a diverse set of fundamental and market-based predictive factors. Portfolios are constructed through the use of a mean variance optimizer and proprietary risk and transaction cost models.
Arrowstreet Capital manages approximately $100 billion for over 200 client relationships in North America, the United Kingdom, Europe and the Asia-Pacific regions.
