Director, Risk

Summary

Join Pathward, a hybrid, remote-office financial empowerment company, as their Operational Risk Director. You will build an operational risk oversight program, partnering with the first line of defense to assess risk management strategies and complete internal risk assessments. This strategic role ensures compliance with governing policies and provides assurance to management, regulators, and stakeholders. You will identify insights from data sources, communicate findings, and advise senior management on emerging trends and risks. The role involves working with cross-functional teams, participating in risk scenario analysis, and conducting financial modeling. Pathward offers a competitive salary, performance-based incentives, and a comprehensive benefits package.

Requirements

• Bachelor’s degree in finance, business, or mathematics required
• 5+ years of banking or similar experience
• 2+ years of experience with operational risk management
• Prior experience with data visualization tools
• Working understanding of banking and finance
• Working understanding operational risk management strategies
• Ability to handle large volume of data and derive actionable insights
• Strong analytical and problem-solving skills, combined with solid business acumen
• Strong written and communication skills with ability to explain complex insights to a range of audiences
• The ability to thrive in a fast-paced startup environment
• Knowledge of Microsoft Office is required
• Influencing others
• Innovation
• Strategic Thinking and Business Acumen
• Outcome Driven
• Planning and Organization

Responsibilities

• Work with Enterprise Risk Management and various cross-functional teams to determine operational vulnerabilities
• Participate in risk scenario analysis planning and development
• Report to senior management on risk scenario analysis conclusions through existing risk committee structure
• Partner with the Treasury team during capital modeling processes
• Evaluate the adequacy of capital planning processes
• Evaluation risk and control inventories
• Monitor key risk, performance, and control indicators
• Participate in evaluating counterparty risk across multiple operational areas of the bank
• Evaluate settlements risks within the operational framework
• Conduct financial modeling to analyze and forecast potential risks
• Analyzes large datasets utilizing descriptive, predictive, and prescriptive analytics
• Develops insights from historical loan performance data, forecasts performance and tracks actual performance against target
• Designs and deploys model monitoring frameworks to assess the performance
• Advise senior management of emerging trends and risks
• Conduct other ad hoc analyses as required to support team goals
• Other duties as assigned

Preferred Qualifications

• MBA Degree, preferred
• Prior experience with regulatory agencies and/or audit firms, preferred
• Prior experience with Archer platform, preferred

Benefits

• Health insurance
• 401(k) retirement benefits
• Life insurance
• Disability benefits
• Paid time off
• Annual performance-based incentive opportunity