Director of Risk, Equitable Investment Management Group

Company: Equitable
Location: Cypress
Posted on: June 21, 2022

Job Description:

At Equitable, our power is in our people.

We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

Equitable's Investment Management Group (EIMG) is seeking a highly motivated risk professional to join its team. The Director of Risk will lead efforts to implement our risk framework with the goal of ensuring risks are identified and mitigated.

This role has regular interactions with the Independent Board of Trustees so strong communication skills are a must. Candidates must possess the ability to work collaboratively within the group and across the broader organization.

Responsibilities include but are not limited to:
Lead the Risk Management function within EIMG
Responsible for administering the liquidity risk management program for the EIMG sponsored mutual funds
Continuously improve the Risk Management framework to assess, monitor and report risks within the asset management business
Perform risk assessments to identify the most significant risks to the funds business and work with the business areas to develop actions plans to mitigate the risks
Lead the implementation of new regulatory rules that impact the funds business, such as valuation and derivatives rules
Work with various stakeholders in the company to develop regular and ad-hoc reports covering regulatory requests such as business continuity and cyber security, among others
Lead regular Independent Board communications related to risk exposures and mitigating actions as well as monthly calls with the Lead Trustee of the Board
Interact with external vendors including subadvisors to ensure appropriate controls and practices to safeguard EIMG's information
Lead the Risk Committee comprising the COO, CFO, CCO, CIO and Legal

Problem Solving: Analyzes and synthesizes information and devises alternative resolution strategies. Develops successful resolutions to critical or wide-impact problems.

Cross-functional Collaboration: Knowledge of collaborative techniques and approaches;
ability to promote a culture of continuous improvement and working together across functions
to solve business problems and meet business goals.

Effective Presentations: Knowledge of effective presentation tools and techniques; ability to
present information to groups with the appropriate degree of formality.

Industry Knowledge: Knowledge of the organization's industry group, trends, directions, major issues, regulatory considerations, and trendsetters; ability to apply industry knowledge appropriately to diverse situations.

Producing Results: Understanding of the criticality of getting things done in spite of current
circumstances and the ability to utilize assigned resources and leverage back-channel
resources (individuals or teams) to achieve or exceed planned outcomes.

Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.

Other Qualifications:
Bachelor's degree required
5 years of experience, preferably in a risk position working in investment management
FRM certification preferred
Self-starter looking to bring fresh ideas to the position
Thorough understanding of the operational and compliance aspects of investment advisers and risk management techniques
Ability to stay ahead of regulatory developments for applicability to and implementation within EIMG; must be able to represent EIMG in industry risk groups
Demonstrated collaboration and ability to interface with both internal and external constituents
Must be comfortable dealing with both complexity and ambiguity and be able to explore multiple solutions to a problem



ABOUT EQUITABLE

At Equitable, we're a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.

We turn challenges into opportunities by thinking, working, and leading differently - where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.

We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.

We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.

Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.

NOTE: Equitable participates in the E-Verify program.

If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com .

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