Location: US, NY, New York
Company: Cantor Fitzgerald
As the US Head of Enterprise Risk Management, you will be a senior risk leader responsible for designing and implementing a comprehensive operational risk management framework. Your role is pivotal in fostering a strong risk culture and meeting regulatory expectations. Working closely with various business lines and functions, you will embed risk management practices and ensure the effective identification, assessment, and mitigation of operational risks.
Job role:
- Own and drive the rollout of the Operational Risk Framework across BGC Group, GFI Group, and Cantor Fitzgerald.
- Monitor and ensure adherence to the operational risk policy and framework, facilitating training and risk awareness programs.
- Partner with business units to quantify operational risks and oversee the capture, investigation, and root cause analysis of crystallized risk events.
- Lead the Risk and Control Self-Assessment (RCSA) program, identifying and evaluating key operational risks and controls across the firm.
- Expand the RCSA process for front office areas, ensuring rigorous risk identification and evaluation.
- Prepare management information for risk committees, highlighting key risk and control issues and tracking remediation plans.
- Chair and participate in operational risk committees, escalating material issues to senior management and the Executive Committee as needed.
- Oversee the implementation of risk management technology solutions and ad hoc projects.
- Stay alert to conduct risk issues, addressing risks to client interests, market integrity, and competition due to inappropriate practices or behaviors.
- Build and maintain strong working relationships with front office personnel, senior management, and support functions.