• Job Description

  Req#: R-1883

  CFA Institute is the world’s largest association of investment management professionals. As a global, independent organization, with a community of more than 175,000 members and 150+ member societies, we lead the investment profession by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society.

  At CFA Institute, we care about our employees’ mental, physical, social, and financial well-being. That’s why we are committed to providing a comprehensive, competitive benefits package that offers flexibility to make choices that meet their needs:

  • Health & Well-being benefits that are amongst the best in the industry with full comprehensive Medical, Dental, and Vision for employees and their family members

  • Comprehensive Leave and Time Off plans

  • A focus on Financial Well-being means that we stack our retirement benefits against the most competitive standards.

  • Flexible work arrangements

  • Wellness, Education, and Employee Assistance Benefits

  Job Description Summary:

  The Head, Risk & Compliance is responsible for team leadership and oversight for Enterprise Risk Management, Compliance, Third Party Risk Management, and the Corporate Insurance Program. This role will identify risks the organization faces and develop, implement, and maintain a global program that improves the risk and compliance posture of the organization. The role will develop a holistic approach on the above that protects the organization, facilitates strategic decision-making, and enhances efficiency, while leveraging existing risk management processes.

  The Head will be responsible for facilitating the Risk Committee and providing periodic updates to the members of the Risk Committee and other relevant Board Committees to whom the risk oversight activities may have been delegated, including the corporate leadership team, regional leadership teams and business teams.

  Job Description:

  As the Head, Risk & Compliance, you will have the opportunity to:

  • Oversees and leads in the design and implementation of an Enterprise Risk Management and Compliance Framework for CFA Institute that ensures risk identification, assessments, processes, and tools are effective, comprehensive, and consistently applied across the organization.

  • Leads a global Enterprise Risk and Compliance team and provides leadership and support.

  • Works closely with stakeholders across the organization to refine the Global Enterprise Risk and Compliance portfolio of efforts to align with the organization’s overall risk strategy.

  • Establishes ongoing, consistent, and robust ERM practices to identify, prioritize, assess, mitigate, monitor, and report on risks and opportunities across the enterprise.

  • Identifies emerging risks and conducts top-down risk assessments and supports bottom-up functional risk assessments, all of which are considered in developing the annual internal audit plan.

  • Accountable for all investigations and monitoring reports of alleged non-compliance globally.

  • Partners with stakeholders to establish a right-sized third-party risk management framework to assess, reduce, and monitor the risks that third parties (vendors, societies, institutional relations, volunteers, etc.) bring while they are in a business relationship with CFA Institute.

  • Communicates with Senior Leadership and members of the Risk Committee on the status of the ERM program including discussions on critical risks.

  • Fosters an integrated risk management approach through coordination with other functions including Internal Audit, Legal, Information Security, and Operational Resiliency to align on methodology and approach, as well as with functions to enhance operating controls.

  • Develops and delivers audience appropriate ERM training courses to enhance the “culture” of risk management and ensure application of risk management in business processes is embedded in the organization.

  • Performs vendor due diligence to proactively avoid or manage threats that could be introduced by a vendor.

  • Lead Compliance reviews/assessments and training globally to proactively evaluate compliance with established laws, regulations, organizational policies, and procedures.

  The skills and experience for this role are:

  • Bachelor’s degree required, JD, MBA, or other relevant advanced degree preferred or commensurate combination of education and experience.

  • Minimum 15 years’ experience in Risk Management, Crisis Management, Compliance, or a related field. ERM expertise desired.

  • Proven experience in building, revitalizing, and optimizing risk and compliance programs, policies, and risk assessments across business lines and geographies required.

  • Ability to spot emerging compliance and risk management trends and “hot issues” from both internal and external data and educate senior leadership and other key stakeholders accordingly.

  • Global cultural orientation and working experience; significant experience leading risk and compliance in a multinational environment preferred with the ability to manage diverse and remote teams.

  • Demonstrated experience managing a team and leading through and ever-changing environment.

  • Effectiveness in communicating recommended courses of action for innovative, business- oriented responses.

  • Excellent interpersonal and stakeholder management skills; experienced in building strong and credible relationships across disciplines and stakeholders at multiple levels and influencing teams to consensus and shared goals.

  This opportunity is open to internal and external candidates. CFA Institute is committed to the professional development of its employees; first/full consideration will be given to internal candidates.

  CFA Institute salary ranges will vary by geographical location. This role is being posted nationally and does not have to be performed in New York City. In compliance with the New York City salary disclosure law, the anticipated base salary for this role in New York City will range between $210,500 - $350,900. Salaries are determined based on candidate relevant experience and skills, as well as internal equity.

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  If you feel this opportunity could be the next step in your career, we encourage you to click “Apply” and complete our three-minute application.

  
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  We are an Equal Opportunity Employer. CFA Institute prohibits both discrimination and harassment with regard to all identifying characteristics: any individual employee, group of employees, or prospective employee on the basis of race, color, national origin, citizenship or immigration status, religion, creed or belief, age, marital or partnership status, marital or family status, care giver status, pregnancy and maternity, sexual and other reproductive health decisions, physical abilities/qualities, disability, sexual orientation, gender, gender identity or expression, predisposing genetic characteristic, military or veteran status, status as a victim or witness of domestic violence or sex offense or stalking, unemployment status, infectious disease carrier status, migrant worker status, educational background, socio-economic status, geographic location and culture or any other basis protected by applicable law. This policy impacts all aspects of employment, including but not limited to, recruitment, hiring, compensation, training, development, promotion, demotion, layoff, recall, furlough, transfer, leave of absence, and dismissal. This is a global policy that applies to all CFA Institute employees, regardless of location.

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• About the company

  The organization offers the Chartered Financial Analyst designation, the Certificate in Investment Performance Measurement designation, and the Investment Foundations Certificate.

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