Operational Risk & Controls Assurance Lead

Two Sigma; New York (NY); Hybrid; USD 125,000 - 175,000; Full time

Benefits offered by this job

Fully paid medical & dental insurance

401(k) match

Onsite gyms and wellness

Tuition reimbursement

Generous vacation and sick leave

Hybrid work policy

Job summary

Two Sigma is a leading quantitative investment firm seeking an experienced operational risk professional to lead and manage firm-wide risk within the ERM function. You will contribute to developing risk frameworks, testing controls, and delivering actionable risk reporting across multiple teams.

Ideal candidates bring deep knowledge of risk management in large financial institutions, strong communication, and the ability to operate both strategically and in detail.

Qualifications

• 8+ years of in-depth knowledge of risk management frameworks, methodologies, and standard processes in a large financial institution.
• Ability to align operational risk strategies with organizational goals.
• Requires big-picture thinking and in-the-weeds analysis/delivery.
• Experience coordinating control testing engagements; familiarity with coding/tech to engage stakeholders.
• Ability to think critically and creatively to identify risks and mitigations.
• Excellent verbal and written communication to convey risk info to stakeholders at all levels.
• Strong problem-solving, analytical, and collaborative skills in a fast-paced team.

Responsibilities

• Collaborate in building a framework for performing control assurance testing for key business processes across the firm.
• Conduct control assurance testing, document current processes and controls, test effectiveness, identify gaps or failures.
• Project management—manage collaborators with diverse agendas, drive meetings, develop consensus, handle schedules, apply standard PM practices.
• Partner with operational risk leads to manage and track remediation progress to ensure continuous improvement.
• Build out reporting/dashboard infrastructure to provide operational risk metrics.
• Generate and distribute reporting and metrics for TS-Wide and Corporate risk.

Skills

Risk management

Communication

Project management

Data analysis

Collaboration

Coding familiarity

Tools

General tooling

Job description

Two Sigma is a leading quantitative investment firm seeking an experienced operational risk professional to lead and manage firm-wide risk within the ERM function. You will contribute to developing risk frameworks, testing controls, and delivering actionable risk reporting across multiple teams.

Ideal candidates bring deep knowledge of risk management in large financial institutions, strong communication, and the ability to operate both strategically and in detail.