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Manager, Risk Assurance

The Clearing House
Posted a month ago, valid for 17 days
Location

New York, NY 10008, US

Salary

$120,000 - $150,000 per year

Contract type

Full Time

Life Insurance
Tuition Reimbursement

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Sonic Summary

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  • The Manager of Risk Assurance is responsible for maintaining an effective control environment at TCH by managing internal and external control testing activities and facilitating a strong risk culture.
  • Candidates must have a Bachelor’s degree in a relevant field and at least 5 years of experience in risk management, control testing, or audit within the Banking, Finance, or Technology industries.
  • The anticipated annual salary range for this position is between $120,000 and $150,000, with potential discretionary incentive compensation based on performance.
  • The role requires strong collaboration with various stakeholders and the ability to present recommendations while resolving conflicts effectively.
  • Candidates will work in a favorable office environment with some travel required, and are expected to report to the office three days a week.

Position Summary: The Manager of Risk Assurance is responsible for helping to ensure that TCH maintains an effective control environment by managing internal and external control testing activities, perform quality assurance checks on risk control self-assessment and issues management activities, facilitating a strong risk culture throughout the organization and other related activities dedicated to the timely identification and management of risk. The role will require significant collaboration with first, second, and third line of defense stakeholders throughout TCH.

Essential Functions and Responsibilities:

  • Coordinate with Enterprise Risk Management and business units to execute the company’s control testing requirements, validation of test results, training for Line 1, and remediation efforts including those identified in RCSAs
  • Managing various reporting activities related to Risk Assurance function activities
  • Support quarterly risk and control self-assessment quality assurance review
  • Support monthly issues management quality assurance review
  • Support various department risk management activities as required
  • Interface and work with senior employees across the enterprise
  • Present recommendations and solutions to business issues
  • Build consensus and resolve conflicts, demonstrate good judgement

Qualifications Required:

  • Bachelor’s degree in risk management, business administration, finance, management information systems or a related area required
  • 5+ years of - risk management, control testing, or audit related experience in Banking, Finance or Technology industries
  • Ability to work independently and in a collaborative team environment
  • Strong written and verbal communication skills
  • Strong computer skills and experience with Microsoft Office suite (e.g., Excel, Power Point, etc.)

Qualifications Desired:

  • Related experience in the Banking/Finance industry
  • MBA in Business, Computer Science, or other related area
  • Prior experience working with GRC tools

Physical Demands and Work Environment: The working environment is generally favorable. Lighting and temperature are adequate, and there are no hazardous or unpleasant conditions caused by noise, dust, etc. Work is generally performed within an office environment, with standard office equipment available. Travel may be required. Candidates will report to the office three days each week. Onsite work requirements may change at any time.

The anticipated annual salary range for NY-based candidates for this position is $120,000 to $150,000 Base salary and position level will be determined by the role, experience, skill set and location. For eligible positions, discretionary incentive compensation may be awarded contingent on personal and company performance. Our benefits program includes medical, dental, vision, life insurance, 401k plan with company contribution and company match, tuition reimbursement and more.

About The Clearing House: The Clearing House (TCH) is a banking association and payments company that is owned by the largest commercial banks in the United States. TCH owns and operates the core payments system infrastructure in the US and is currently working to modernize that infrastructure by launching a new, ubiquitous, real-time payment system. TCH is the only private-sector ACH and wire operator in the US, clearing and settling nearly $2 trillion in US dollar payments each day, representing half of all commercial ACH and wire volume. TCH has provided critical services to the banking industry since 1853, and today, our core products facilitate services including Direct Deposit of payroll, bill payments, and check image exchange.




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