Risk Manager

Job Description:

The Position

The Workplace Investing Risk Manager supports general risk oversight for the Workplace Investing. You will support businesses within Workplace Investing across different products and programs by efficiently and effectively assessing and documenting risks and controls through proactive risk assessments and readiness assessments. In addition to proactive risk assessments and readiness assessments there be strong focus on managing risk incidents, including the use of qualitative and quantitative measures to determine control effectiveness and identifying areas to strengthen controls to prevent risk.

This role will analyze data and controls to identify and measure risks, perform targeted risk assessments, and use data visualization tools to aid identification of Workplace Investing risk. To successfully execute these responsibilities, the candidate will have experience managing projects and using influencing skills to achieve goals. The ideal candidate will have a demonstrated commitment and passion for risk management and will be a critical thinker with strong analytical skills who is able to prioritize and manage multiple projects and deliver high-quality work. This role requires someone who is hard working, results oriented and eager to learn. Prior Workplace Investing experience in Operational roles is preferred.

Job Profile Summary

Provides independent and objective risk management services, builds and sustains effective work relationships with stakeholders, and enhances business performance through effective and efficient risk identification, mitigation, and proactive management. They drive team objectives through:

• Independently leading and overseeing complex projects, risk program activities, such as the timely completion of high-quality risk assessments and control testing.
• Leading team projects, risk programs, and participating in cross-BU initiatives.
• Partnering with Business Unit leaders to prioritize initiatives and remediation efforts as needed
• Focusing on process improvement and increased usage of data analytics and automation
• Deepening business domain knowledge and expanding scope to support new products and initiatives.
• Building relationship with business partners.

Responsibilities

• Apply deep knowledge of Fidelity’s Risk Management framework.
• Work with business partners to identify, refine, and document risks & controls
• Coordinate efforts with Technology & Product agile teams and oversee risk tool work through testing and implementation.
• Provide daily support and complex problem resolution management for Business Units
• Provide guidance to team members
• Proactively address concerns or roadblocks during assessments.
• Create and present regular and ad hoc status reports, dashboards, and Business-specific metrics
• Review, analyze, and recommend monitoring routines and KRIs as needed

The Skills You Bring

• You demonstrate risk management knowledge and experience, including risk assessment and control evaluation
• You demonstrate data analytics skills with experience with data analytics tools
• You communicate clearly, concisely, and have the ability to influence others via written and/or verbal communication
• You can demonstrate critical thinking and approach work with an objective point of view
• You are comfortable working in a fast-paced environment and owning multiple initiatives simultaneously and show the ability to shift focus as needed based on the changing risk environment

The Expertise You Have

• Bachelor’s degree preferred
• Prior 10 years of relevant experience in financial services, risk management, audit, or compliance
• Deep understanding of risks and controls, ability to develop frameworks and standards, and document strong control statements
• Strong knowledge of various risk programs, risk management practices and frameworks
• Leader with ability to navigate and influence across the organization
• Strong analytical and problem-solving skills evidencing the ability to think and act strategically
• Data Analytics technical skills such as high proficiency with Excel, Power BI, Alteryx, etc..
• Shown success in collaborative leadership and working with executive leaders and internal business partners
• Excellent communication skills, including creating PowerPoint presentations and taking large volumes and/or complex information and presenting is a way that is easy to understand

Note: Fidelity is not providing immigration sponsorship for this position

The Team

Workplace Investing Risk, part of Fidelity’s Legal, Compliance and Risk organization (LRC) provides direction to management and business units by proactively identifying and monitoring risks to protect the interests of the firm, clients, and associates. To execute this goal, the WI Risk Team is responsible for identifying, analyzing, aggregating, and reporting on significant and emerging risks to assist management in improving their controls and processes. Additionally, the team is involved with escalation and oversight of incidents occurring within WI and ensuring appropriate remediation efforts have been documented and completed.

Certifications:

Category:

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.