Manager, Enterprise Risk

Posted 3 Days Ago
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New York, NY, USA
In-Office
Senior level
Financial Services
The Role
Senior risk leader responsible for designing and rolling out an operational risk framework, leading RCSA programs, embedding risk practices across business lines, overseeing risk event investigations, preparing risk reporting, chairing risk committees, and implementing risk technology while addressing conduct, IT security, BCP, and regulatory risks.
Summary Generated by Built In
As the US Head of Enterprise Risk Management, you will be a senior risk leader responsible for designing and implementing a comprehensive operational risk management framework. Your role is pivotal in fostering a strong risk culture and meeting regulatory expectations. Working closely with various business lines and functions, you will embed risk management practices and ensure the effective identification, assessment, and mitigation of operational risks. Responsibilities
  • Own and drive the rollout of the Operational Risk Framework across BGC Group, GFI Group, and Cantor Fitzgerald.
  • Monitor and ensure adherence to the operational risk policy and framework, facilitating training and risk awareness programs.
  • Partner with business units to quantify operational risks and oversee the capture, investigation, and root cause analysis of crystallized risk events.
  • Lead the Risk & Control Self-Assessment (RCSA) program, identifying and evaluating key operational risks and controls across the firm.
  • Expand the RCSA process for Front Office areas, ensuring rigorous risk identification and evaluation.
  • Prepare management information for risk committees, highlighting key risk and control issues, and tracking remediation plans.
  • Chair and participate in Operational Risk Committees, escalating material issues to Senior Management and the Executive Committee as needed.
  • Oversee the implementation of risk management technology solutions and ad hoc projects.
  • Stay alert to Conduct Risk issues, addressing risks to client interests, market integrity, and competition due to inappropriate practices or behaviors.
  • Build and maintain strong working relationships with Front Office personnel, Senior Management, and support functions.
Qualifications
  • Bachelor's degree in Finance, Economics, Business, or a related field.
  • 7-8 years of relevant experience, preferably within the operational risk/enterprise risk department of a financial institution.
  • Demonstrated ability to lead enterprise-wide programs across multiple legal entities and business lines.
  • Strong communication skills, with the ability to engage and articulate complex operational risk issues to Senior Management and C-suite.
  • A solid understanding of capital markets business and other operational risks, including IT security, BCP, and regulatory compliance risks.
  • Credibility at the Senior Management level, with excellent communication skills to build effective relationships.
  • Strong analytical skills and the ability to work well under pressure.
  • Experience in risk management technology implementation is an asset.
  • A proactive and solution-oriented mindset, with a track record of successful risk management initiatives.
  • Ability to work independently and manage multiple projects simultaneously.

#LI-DV1

Skills Required

  • Bachelor's degree in Finance, Economics, Business, or related field
  • 7-8 years of relevant operational/enterprise risk experience in a financial institution
  • Proven ability to lead enterprise-wide programs across multiple legal entities and business lines
  • Strong communication skills; ability to engage and articulate complex risk issues to Senior Management and C-suite
  • Solid understanding of capital markets and operational risks including IT security, BCP, and regulatory compliance
  • Credibility at Senior Management level and ability to build effective relationships
  • Strong analytical skills and ability to work well under pressure
  • Experience in risk management technology implementation
  • Proactive, solution-oriented mindset with a track record of successful risk management initiatives
  • Ability to work independently and manage multiple projects simultaneously
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The Company
HQ: New York, NY
1,857 Employees
Year Founded: 1945

What We Do

Cantor Fitzgerald is a leading global financial services firm, serving clients from over 30 offices around the world. Founded in 1945 as a securities brokerage and investment bank, the firm pioneered computer-based bond trading, built one of the broadest distribution networks in the industry and became the market’s premier dealer of government securities. Today, Cantor Fitzgerald is known for its strength across a diverse array of businesses, including equity and fixed income capital markets, investment banking, commercial real estate finance and services, prime brokerage, asset management and wealth management, and e-commerce and online ventures. In all its businesses, the firm is an acknowledged leader in developing advanced technologies to expand market access, and help clients achieve their most important financial and strategic objectives. This commitment to client-centered innovation has led to enduring relationships with many of the world’s most demanding institutional investors and corporations. For more information please visit www.cantor.com.

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