Business Risk & Control AVP

Title: Business Risk & Control AVP

Office Status: Hybrid New Jersey (2 days)

Base Salary: $125k $145k +Bonus

ABOUT THE ROLE

This AVP-level opportunity sits within a dedicated first-line Chief Controls Office at a well-established financial services organization, offering meaningful ownership across risk assessment, controls assurance testing, incident management, and control remediation across the first line of defense. The role is ideal for a risk and controls professional looking to make a direct impact on the evolution of a risk-aware culture whether coming from a 1LOD controls background, external audit, or a 2LOD/3LOD validation function looking to transition into first-line ownership. It's a strong fit for someone who combines technical controls expertise with a proactive, collaborative mindset and the ability to drive best practices across multiple business units simultaneously.

RESPONSIBILITIES

• Support business owners in conducting risk assessments and carrying out controls testing as part of RCSA processes and in remediation of identified issues and incidents
• Perform controls assurance testing across the first line;ensure remediation plans are in place where appropriate and partner with business owners to establish a well-documented and understood control environment
• Identify and deliver best practices in control standards across the organization;support business units in the identification, assessment, and mitigation of operational risks within risk appetite
• Contribute to the development and execution of the organization's testing strategy and methodology;consistently deliver assigned components of the risk assessment and testing plan including progress reporting, escalation of concerns, and closure of identified matters
• Support the identification, reporting, and resolution of risk incidents and control failures;contribute to action plans to remediate issues, strengthen controls, and prevent recurrence considering both design and operating effectiveness
• Partner with business units, second-line risk, compliance, audit, and legal teams to enhance risk culture and support audit engagements;work with the business to review findings and define corrective actions
• Drive behaviors that foster a risk-aware and risk-intelligent culture where employees recognize their role as risk managers and understand the importance of the control framework
• Challenge the status quo and serve as a catalyst for change, driving innovative thinking to solve complex control and risk management problems