Company Description
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.
Job Description
We are looking for a Chief Risk Officer to join our team, supporting the Australian Square business unit as it seeks to further mature its enterprise risk and third party risk program. This is a key role managing the Australian enterprise risk and third party risk functions and Building Risk Culture within the organization.
You will be based in Australia but will have the option to work from home (from anywhere in Australia). You will report directly to the Chief Compliance Officer for Square in Australia.
Qualifications
- Manage the Square Australian Enterprise Risk and Third Party Risk Functions.
- Cultivate and embed a strong enterprise risk management culture across the business and assist first line of defence in the identification, assessment and mitigation of risks related to Square's payment services.
- Manage and continually develop the enterprise risk management framework and Third Party Risk Framework, related policies and processes - ensuring they meet regulatory expectations and are tailored to the business - enhancing operational efficiencies.
- Develop and embed the key risk Indicator framework and other applicable enterprise risk frameworks.
- Perform analysis of enterprise and third party risk data to identify insights, trends and emerging risks.
- Ensure risks and business activities undertaken are monitored and assessed on a regular basis aligning with set risk appetites and overall risk exposure.
- Maintain relevant legal entities' risk registers.
- Manage the Square business unit's Incident Response Program for Australia;
- Ensure clear reporting procedures in place and train all lines of defense on escalation procedures;
- Monitor the effectiveness of risk management systems including escalation and reporting processes;
- Oversee all outsourced risk management processes and third-party service provider relationships;
- Collaborate with internal and external stakeholders for risk effectiveness testing as well as independent audits;
- Manage local enterprise risk committees and collaboration activities;
- Create, maintain and manage outputs from Governance Risk and Compliance Tools
- Provide relevant content to the board of directors on risk appetite statements and exposure limits and the execution of overall enterprise risk management strategies.
- Support the provision risk reports for the relevant board of directors.
- Preparation of any mitigation or remediation plans for risks falling outside prescribed risk appetites.
- Engage with and form an integral part of the Australian leadership team.
- Maintain a strong relationship with relevant regulators, including management of ongoing notification and reporting requirements.
- 2 years' experience as a risk professional at a payments company, technology company FinTech, financial services firm and/or professional service firm serving financial institutions or payments or technology clients.
- Demonstrated ability to directly report to a board of directors / senior leadership.
- Self-starter with ability to work in a fast-paced environment.
- Strong communication skills and the ability to present complex information in a simple and clear manner.
- Experience managing projects and scaling processes with company growth.
- Ability to collaborate and influence across all levels of the organization.
Qualifications
- Manage the Square Australian Enterprise Risk and Third Party Risk Functions.
- Cultivate and embed a strong enterprise risk management culture across the business and assist first line of defence in the identification, assessment and mitigation of risks related to Square's payment services.
- Manage and continually develop the enterprise risk management framework and Third Party Risk Framework, related policies and processes - ensuring they meet regulatory expectations and are tailored to the business - enhancing operational efficiencies.
- Develop and embed the key risk Indicator framework and other applicable enterprise risk frameworks.
- Perform analysis of enterprise and third party risk data to identify insights, trends and emerging risks.
- Ensure risks and business activities undertaken are monitored and assessed on a regular basis aligning with set risk appetites and overall risk exposure.
- Maintain relevant legal entities' risk registers.
- Manage the Square business unit's Incident Response Program for Australia;
- Ensure clear reporting procedures in place and train all lines of defense on escalation procedures;
- Monitor the effectiveness of risk management systems including escalation and reporting processes;
- Oversee all outsourced risk management processes and third-party service provider relationships;
- Collaborate with internal and external stakeholders for risk effectiveness testing as well as independent audits;
- Manage local enterprise risk committees and collaboration activities;
- Create, maintain and manage outputs from Governance Risk and Compliance Tools
- Provide relevant content to the board of directors on risk appetite statements and exposure limits and the execution of overall enterprise risk management strategies.
- Support the provision risk reports for the relevant board of directors.
- Preparation of any mitigation or remediation plans for risks falling outside prescribed risk appetites.
- Engage with and form an integral part of the Australian leadership team.
- Maintain a strong relationship with relevant regulators, including management of ongoing notification and reporting requirements.
- 2 years' experience as a risk professional at a payments company, technology company FinTech, financial services firm and/or professional service firm serving financial institutions or payments or technology clients.
- Demonstrated ability to directly report to a board of directors / senior leadership.
- Self-starter with ability to work in a fast-paced environment.
- Strong communication skills and the ability to present complex information in a simple and clear manner.
- Experience managing projects and scaling processes with company growth.
- Ability to collaborate and influence across all levels of the organization.
What We Do
Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy.
Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.
Why Work With Us
Across our ecosystem, we’re working to help our diverse audiences — sellers, individuals, artists, fans, developers, and all the people in between — overcome barriers to access the economy.
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Employees engage in a combination of remote and on-site work.
Most employees can join Block in an office location, from home, or with a mix of both. We create work spaces and experiences that help individuals and teams to be their most creative and collaborative.