Reporting to the Head of Risk, the Director of Operational Risk is responsible for operational risk management across the organization. This role involves identifying, assessing, monitoring, managing, mitigating, and reporting of relevant risks in a structured, coordinated, and consistent manner. The Director of Operational Risk will help design, develop, refine, and implement risk management policies, procedures, and strategies to protect the organization and support Geode's business objectives, strategy, and overall success. This is a hybrid work environment opportunity located in Boston, Massachusetts with a weekly office schedule of Tuesdays, Wednesdays and Thursdays and remote work availability on Mondays and Fridays. Primary Responsibilities:
- Assist with design and lead the implementation of risk policies and procedures, including the company's risk management framework and assessment methodology.
- Design, operationalize, and lead highly effective operational risk assessments and scenario analyses to evaluate the impact of identified risks.
- Measure adherence to the company's risk framework through periodic reporting to Senior Management & the Risk Oversight Committee.
- Implement data and metrics-based analysis to help proactively monitor and report on risks across the company through use of Key Risk Indicators ('KRIs').
- Evolve Geode's use of Governance, Risk, & Compliance ('GRC') tool, including adoption of enterprise risk and business resiliency modules.
- Help establish and maintain a risk taxonomy, business process & controls inventory, and risk assessment related data within the GRC tool.
- Partner with business units to implement business process and controls that mitigate identified risks, support strategic initiatives, or remediate errors.
- Maintain knowledge of emerging risk management practices through professional networking and participating in industry forums.
- Develop and deliver risk-based training across the enterprise to foster the corporate risk culture and increase risk awareness across the company.
- Co-lead initial risk assessment and on-going due diligence of Geode's key vendors to identify and assess any risks that may directly or indirectly impact the company.
- Support business areas with business resilience and crisis management plans to respond to significant business disruptions.
Skills You Bring: - Minimum of 10+ years of professional experience in enterprise risk, operational risk, and/or public accounting preferably with experience in the asset management industry.
- Bachelor's degree (or above) preferably in Accounting, Economics, Finance, Risk Management, or Business Administration.
- Risk or audit related certifications preferred (e.g., CRCCP, COSO ERM, CISA, CRISC, PMI-RMP, etc.)
- Ability to leverage and analyze data to inform critical decisions and make recommendations.
- Self-starter with the ability to work and think independently.
- Excellent communication skills, both written and verbal with an ability to effectively interact and influence at all levels.
- Strong relationship building, organization, and critical thinking skills.
- Proficient time management skills with the ability to multi-task and meet deadlines.
Company Overview: Founded in 2001, Geode is headquartered in Boston's financial district, the center of one of the world's most vibrant finance and technology hubs and employs approximately 170 employees. Geode is an institutional asset manager providing core beta exposures across a range of equity and niche asset classes, with over $1 trillion in AUM as of September 30, 2024. With a robust infrastructure and experienced investment professionals, Geode offers the scale of a large asset management firm with the benefits of a smaller organization. Geode is proud to be an equal opportunity employer and support a diversified work environment. Learn more about Geode at www.geodecapital.com/careers.