Data Risk Management Director, Second Line of Defense

• Posted 11 hours ago • Updated 11 hours ago
Full Time
On-site
USD $154,000.00 - 193,000.00 per year
Fitment

Dice Job Match Score™

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Job Details

Skills

  • Value Engineering
  • Finance
  • Payments
  • Program Management
  • Risk Management Framework
  • EDM
  • Inventory
  • KPI
  • Evaluation
  • Artificial Intelligence
  • Data Quality
  • Access Control
  • Regulatory Reporting
  • Quality Assurance
  • Decision-making
  • Stakeholder Engagement
  • Product Management
  • Analytics
  • Business Operations
  • Collaboration
  • Regulatory Compliance
  • Privacy
  • Operational Risk
  • IT Risk
  • IT Risk Management
  • Financial Services
  • Data Governance
  • Data Management
  • Risk Assessment
  • Reporting
  • Communication
  • Analytical Skill
  • Attention To Detail
  • Management
  • Risk Management
  • Auditing
  • ISACA
  • CISM
  • Training
  • Health Care
  • PPO
  • Taxes
  • FSA
  • SAFE
  • Apache Maven
  • SAP BASIS
  • Law
  • Legal
  • Recruiting

Summary

At Early Warning, we've powered and protected the U.S. financial system for over thirty years with cutting-edge solutions like Zelle , Paze , and so much more. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of consumers and small businesses.

Positions located in Scottsdale, San Francisco, Chicago, or New York follow a hybrid work model to allow for a more collaborative working environment.

Candidates responding to this posting must independently possess the eligibility to work in the United States, for any employer, at the date of hire. This position is ineligible for employment Visa sponsorship.

Overall Purpose

The Data Risk Management Director will lead elements of and manage the design, implementation, and oversight of the firm's Data Risk Management Program within the Second Line of Defense (SLOD). This role is responsible for providing management, independent review, challenge, and advisory support to ensure the organization's management and use of data is aligned with the firm's risk appetite and stakeholder's expectations.

Reporting to the Senior Director of Data and AI Risk Management within Operational Risk Management, the Director partners closely with first-line business and risk managers, Product Management, Technology (including the Chief Data Office, Data Governance Analytics teams), as well as Compliance, Legal, Privacy, Third-Party Risk, and Technology & Security Risk to embed data risk requirements across the enterprise. The role plays a key part in enabling data-driven decision-making while ensuring data-related risks are appropriately identified, assessed, monitored, and governed.

Essential Functions

Data Risk Governance & Program Management

Manage the development, maintenance, and ongoing enhancement of the enterprise Data Risk Management framework, policies, standards, procedures, and control expectations, aligned with industry-recognized frameworks such as DAMA-DMBOK and the EDM Council's DCAM.

Maintain and evolve the data risk and control taxonomies, ensuring consistency with operational risk, compliance risk, and technology risk frameworks.

Oversee the development and use of risk management technologies and tooling used to inventory critical data assets, track data risks, controls, issues, and remediation activities.

Participate in or support enterprise governance forums, committees, and working groups related to data risk, providing independent risk perspectives and recommendations.

Develop and deliver training and awareness related to the Data Risk Management program and expectations.

Risk Appetite / Tolerance, Metrics & Monitoring

Support the development and maintenance of data risk appetite or tolerance statements, thresholds, and limits in alignment with enterprise risk appetite and regulatory expectations.

Design, implement, and monitor key risk indicators (KRIs), key performance indicators (KPIs), and key control indicators (KCIs) to measure data risk exposure and program effectiveness.

Analyze trends, emerging risks, and control performance related to data risk concepts.

Risk Identification & Assessment

Develop and maintain data risk assessment methodologies, including inherent risk identification, control evaluation, residual risk determination, and escalation criteria.

Execute the second line of defense enterprise-level data risk profile assessment to measure compliance with approved risk appetite or tolerance.

Embed data risk considerations and requirements into other risk domain assessments (e.g., operational risk, AI risk, model risk, third-party risk, privacy, and technology risk).

Identify emerging data risks related to data quality, integrity, lineage, access controls, aggregation, retention, regulatory reporting, and customer impact.

Independent Review, Challenge & Quality Assurance

Provide effective independent review and challenge of first-line data risk assessments, control design, mitigation strategies, and risk acceptance decisions.

Execute and/or oversee quality assurance (QA) activities to assess adherence to data risk management policies, standards, and governance requirements.

Identify gaps, weaknesses, or inconsistencies in data risk practices and ensure issues are documented, escalated, and tracked through remediation.

Partner with other second-line risk domains to deliver integrated, holistic risk oversight of data-enabled processes, analytics, and products.

Risk Reporting & Insights

Develop and deliver insightful, enterprise-level data risk reporting that clearly communicates risk posture, trends, emerging issues, and program health.

Prepare materials for senior management, governance committees, and external stakeholders that drive informed decision-making and timely action.

Lead regulatory exam support, internal audits, and management self-assessments related to data governance and data risk management.

Stakeholder Engagement & Advisory

Serve as a trusted risk advisor to first-line leaders across Product Management, Technology, Data Governance, Analytics, and Business Operations, including data owners, stewards and custodians.

Collaborate closely with Compliance, Legal, Privacy, Model Risk Management, Technology & Security Risk, and Operational Risk to ensure coordinated oversight of data-related risks.

Support responsible data usage by helping the business understand data risk requirements while enabling safe and compliant adoption of data-driven capabilities.

The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow instructions and perform other related duties as assigned by their supervisor.

Minimum Qualifications

Bachelor's degree or equivalent experience.

12 years of experience in operational risk management, data risk management, data governance, technology risk, or a related discipline within financial services or another highly regulated industry.

Direct experience supporting or leading data risk management, data governance, or data control programs.

Strong working knowledge of industry-recognized data management and risk frameworks, including DAMA-DMBOK and DCAM.

Experience designing or executing risk assessments, governance frameworks, metrics, and reporting for complex risk domains.

Excellent written and verbal communication skills, with the ability to clearly explain data risks to technical and non-technical stakeholders.

Strong analytical skills, sound judgment, and attention to detail.

Proven ability to work independently, manage multiple priorities, and influence across a matrixed organization.

Preferred Qualifications

Risk management, data, technology, or audit certifications (e.g., CDMP, CRISC, CISM, CIA, or similar).

The base pay scale for this position in:
Phoenix, AZ/ Chicago, IL / Washington, DC in USD per year is: $154,000 - $193,000.
New York, NY/ San Francisco, CA in USD per year is: $186,000 - $232,000.
Additionally, candidates are eligible for a discretionary incentive plan and benefits.

This pay scale is subject to change and is not necessarily reflective of actual compensation that may be earned, nor a promise of any specific pay for any specific candidate, which is always dependent on legitimate factors considered at the time of job offer. Early Warning Services takes into consideration a variety of factors when determining a competitive salary offer, including, but not limited to, the job scope, market rates and geographic location of a position, candidate's education, experience, training, and specialized skills or certification(s) in relation to the job requirements and compared with internal equity (peers). The business actively supports and reviews wage equity to ensure that pay decisions are not based on gender, race, national origin, or any other protected classes.

Some of the Ways We Prioritize Your Health and Happiness
  • Healthcare Coverage -Competitive medical (PPO/HDHP), dental, and vision plans as well as company contributions to your Health Savings Account (HSA) or pre-tax savings through flexible spending accounts (FSA) for commuting, health & dependent care expenses.
  • 401(k) Retirement Plan -Featuring a 100% Company Safe Harbor Match on your first 6% deferral immediately upon eligibility.
  • Paid Time Off - Flexible Time Off for Exempt (salaried) employees, as well as generous PTO for Non-Exempt (hourly) employees, plus 11 paid company holidays and a paid volunteer day.
  • 12 weeks of Paid Parental Leave
  • Maven Family Planning - provides support through your Parenting journey including egg freezing, fertility, adoption, surrogacy, pregnancy, postpartum, early pediatrics, and returning to work.


And SO much more! We continue to enhance our program, so be sure to check our Benefits page here for the latest. Our team can share more during the interview process!

Early Warning Services, LLC ("Early Warning") considers for employment, hires, retains and promotes qualified candidates on the basis of ability, potential, and valid qualifications without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote equal employment opportunity and affirmative action, in accordance with all applicable federal, state, and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our employees.

Early Warning Services LLC is a proud participant in E-Verify, a federal program to help ensure a legal and authorized workforce. As part of our hiring process, we electronically verify the employment eligibility of all new hires through E-Verify. For more information on your rights and responsibilities under E-Verify please visit Home | E-Verify .
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
  • Dice Id: 10307908
  • Position Id: REQ2026363
  • Posted 11 hours ago
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