Head of Risk and Control

Hi.! Greetings from Javen Technologies Inc.,

Our client is looking for a Head of Risk and Control for a 6-month contract opportunity and is at NYC, NY role. Please share your resume to be considered. Thank you in advance

Head of Risk and Control

Location: NYC, NY

Duration: 12 months contract+

In office expectations: 8 AM-5M EST 2-3 day a week in office.

Description:

We are seeking a highly experienced and dynamic individual to temporarily lead the Risk and Control function. This role is critical toward managing the risk and control framework and will oversee a global team of risk and control SMEs in 3 separate locations. You will work closely with the senior leadership team, risk owners, and other control functions to drive a strong risk culture and continuous improvements in risk management and control effectiveness. The role will report directly to the Head of the Governance, Risk and Control team.

Key Responsibilities:

Managing People, Deadlines, and Deliverables

• Oversee and lead a team of risk and control subject matter experts (SMEs), ensuring effective delegation and utilization of resources.
• Set clear expectations and deadlines for team members, ensuring that target dates and deliverables are met.
• Monitor team performance and progress, providing regular feedback and guidance to ensure high standards of work.
• Foster a collaborative and supportive team environment, encouraging professional development and continuous improvement.
• Address any performance issues promptly and effectively, ensuring that the team remains focused and productive.

Semi-Annual Risk Assessment Management (RCSA)

• Lead the semi-annual risk assessment process, ensuring alignment with corporate risk methodologies and frameworks.
• Analyze emerging risks, control gaps, and business changes to provide meaningful risk insights to leadership.
• Partner with business collaborators to validate key risks and controls and ensure adequate documentation within risk management tools.
• Develop and deliver risk assessment reports for governance forums and senior management review.
• Self-Identified Issues and Incident Remediation (Incidents/Remediation)
• Oversee and manage remediation efforts related to Self-Identified Issues (SIIs), control deficiencies, and risk incidents.
• Work cross-functionally with risk owners, internal audit, compliance, and other assurance teams to ensure timely and effective remediation.
• Monitor and report remediation progress, calling out delays or emerging risks where necessary.
• Ensure appropriate documentation and evidence of remediation efforts in line with regulatory and internal expectations.

Risk & Control Annual Projects and Deliverables Management

• Lead the execution of Risk and Control team annual projects, ensuring timely completion of deliverables.
• Coordinate across key collaborators, including business leadership, second line of defense, and Compliance, to ensure deliverables align with agreed expectations.
• Drive the development and tracking of project milestones, reporting progress to the Head of Risk and Control and respective RCT project lead.
• Ensure appropriate documentation, governance, and risk oversight mechanisms are in place to support transparency and accountability in project execution.
• Identify potential bottlenecks and proactively address any challenges to maintain project momentum and alignment with strategic objectives.

Management, Training, and Coordination with Risk and Control Champions (RCCs)

• Serve as the primary liaison to the Risk and Control Champions (RCCs) within assigned division/function, ensuring RCCs have a clear understanding of their roles and responsibilities.
• Develop and deliver training sessions, guidance materials, and ongoing support to RCCs to strengthen their risk and control capabilities.
• Establish clear timelines and expectations for RCCs regarding their contributions to key risk and control activities, including Risk and Control Self-Assessment (RCSA), remediation efforts, and control monitoring.
• Facilitate regular check-ins and coordination meetings to ensure RCCs remain engaged, aligned, and informed on risk and control priorities.
• Provide oversight and quality assurance on RCC deliverables, ensuring consistency, completeness, and alignment with risk and control standards.
• Work closely with RCCs to proactively identify, assess, and address control weaknesses, raising concerns where necessary to maintain a strong risk and control environment.

Contribute to the Enterprise Risk Management Framework (ERMF) and Standardization of Risk and Control Procedures

• Actively contributes to the enhancement and evolution of the Enterprise Risk Management Framework (ERMF), ensuring alignment with industry standard methodologies and regulatory expectations.
• Support the development, refinement, and implementation of standardized Risk and Control procedures, fostering consistency across the organization.
• Collaborate with cross-functional teams to integrate risk and control methodologies into business operations, ensuring they are practical and effective.
• Provide subject matter expertise in identifying opportunities for process improvements, automation, and enhanced risk monitoring.
• Develop and maintain guidance documents, templates, and best practices to support the broader adoption of standardized risk management approaches.
• Work closely with leadership to ensure that the Risk and Control function remains agile, adapting to emerging risks and evolving business needs.

Risk & Control Subject Matter Expertise

• Serve as a trusted advisor to business leaders by providing expert guidance on risk management, control effectiveness, and regulatory expectations.
• Proactively identify areas for control enhancements and operational improvements.
• Support the development and execution of risk and control training programs to strengthen risk awareness and accountability.
• Act as a liaison between the business and enterprise risk management functions to ensure consistency and alignment of risk management practices.

Qualifications & Experience:

• Bachelor s degree in finance, Accounting, or a related.
• Professional certifications such as ACCA, CPA, CIA, CRMA, FRM, or other relevant designations preferred.
• 15+ years of experience in risk management, internal controls, audit, compliance, or related functions.
• Strong understanding of risk assessment methodologies, internal control frameworks (e.g., COSO, SOX, ISO 31000), and regulatory requirements.
• Experience in managing remediation efforts, risk event management, and working with governance, risk, and compliance (GRC) tools (e.g., MetricStream).
• Strong leadership and stakeholder management skills, with the ability to influence and challenge senior executives.
• Excellent problem-solving, analytical, and communication skills.

Preferred Skills & Competencies:

• Ability to work in a fast-paced, global environment and manage multiple priorities effectively.
• Experience in the financial services or as part of a global Internal Audit function is a plus.
• Strong reporting and data analysis skills to provide meaningful risk insights to senior leadership.
• Ability to inspire change and continuous improvement in risk and control environments.