Director, Risk
Up to 200kNew York, NYBusiness OperationsOnsite
Summary
Directs risk and underwriting policy, develops risk models and forecasting methodologies, optimizes portfolio monitoring, and leads a team of risk analysts while integrating insights across teams. Requires bachelor's in financial engineering, statistics, or economics and 2+ years experience.
About the role
Responsibilities
- Direct and oversee the company’s risk and underwriting policy
- Develop and calibrate risk models, including Expected Loss frameworks
- Lead risk strategy design and optimization of underwriting and portfolio monitoring processes to align with risk appetite and business objectives
- Establish methodologies for risk forecasting, stress testing, and scenario analysis
- Manage development and enhancement of dashboards, monitoring tools, and risk reporting to ensure timely detection of portfolio risk drivers and emerging concentrations
- Collaborate with product, business, and data teams to integrate risk insights into business decision-making
- Supervise and mentor a team of risk analysts and associates to strengthen organizational risk capacity
Requirements
- Bachelor’s degree in financial engineering, statistics, or economics
- 2 years of experience in the skill sets listed in the job description
Compensation
- Base salary range up to $200,000 (final offer determined by experience, expertise, location, and market data)
Skills
Risk ModelingExpected Loss FrameworksUnderwritingRisk StrategyPortfolio MonitoringStress TestingScenario AnalysisRisk ForecastingDashboardsRisk ReportingFinancial EngineeringStatisticsEconomics