Senior Operational Risk and Controls Leader

Selby Jennings; New York (NY); On-site; USD 150,000 - 185,000; Full time

Job summary

Selby Jennings seeks a Risk & Controls Manager to join a leading hedge fund in New York City’s risk management organization. The role focuses on strengthening Enterprise Risk Management, governance, and proactive risk mitigation across multiple business lines.

The candidate will lead risk assessment initiatives, develop dashboards and KRIs, and partner with senior leadership to drive risk-informed decisions.

Qualifications

• 6+ years of experience in Operational Risk Management, Enterprise Risk Management, Internal Controls, or a related risk discipline in financial services.
• Experience designing, implementing, or enhancing enterprise-wide risk management frameworks and governance programs.
• Strong understanding of operational risk concepts, risk assessment methodologies, control frameworks, and risk reporting practices.
• Proven ability to partner effectively with senior stakeholders and influence decision-making across multiple business functions.
• Prior management or team leadership experience with mentoring and talent development.
• Experience developing risk dashboards, KRIs, metrics, and executive-level reporting.
• Advanced proficiency in Excel, PowerPoint; experience with Power BI/Tableau is a plus.
• Bachelor's degree in Finance, Economics, Business Administration, Risk Management; advanced degree or certifications preferred.

Responsibilities

• Support the development and enhancement of the enterprise-wide operational risk management framework, policies, and methodologies.
• Conduct risk and control assessments across business lines to identify emerging risks and control weaknesses.
• Partner with business leaders and control functions to evaluate risk exposures and remediation plans.
• Monitor progress of risk mitigation initiatives and ensure timely resolution of issues.
• Perform control testing and effectiveness reviews, identifying gaps and enhancements.
• Assist in risk governance processes, including risk taxonomy and KRIs.
• Develop operational risk dashboards and management information for stakeholders.
• Analyze operational risk events to identify trends and inform preventative measures.
• Prepare presentations and reporting materials for risk committees and executives.
• Contribute to the ongoing enhancement of ERM tools, processes, and technology.

Skills

Operational Risk Management

Enterprise Risk Management

Risk governance

Stakeholder influence

Leadership

Education

Bachelor's degree in Finance/Economics/Business Administration

Advanced degree or relevant certifications

Tools

Excel

PowerPoint

Power BI

Tableau

Job description

Selby Jennings seeks a Risk & Controls Manager to join a leading hedge fund in New York City’s risk management organization. The role focuses on strengthening Enterprise Risk Management, governance, and proactive risk mitigation across multiple business lines.

The candidate will lead risk assessment initiatives, develop dashboards and KRIs, and partner with senior leadership to drive risk-informed decisions.