This role will report to the Senior Vice President, Risk Management - Ratings Operations & Controls and will support the program implementation of MIS's Risk Management Framework and Program.
The role will provide support for the implementation of this program by the first line of defense, and ongoing monitoring and support once operationalized.
The AVP Risk Management will support the SVP Risk Management in preparation for interactions with presentations to MIS governing bodies.
**Responsibilities**:
The AVP Risk Management will assist in establishing and continually improving the MIS Risk Management Program including policy, procedure, tool development, governance, due diligence, on-going monitoring, reporting and education & awareness.
- Assist in managing the Ratings Operations Risk Committee (RORC) and its subcommittees, providing a forum for effective governance.
Act as Secretary for the RORC - monitoring the forward looking agenda, performing outreach for materials, performing a first review of materials before managerial review, presenting topics when required and providing accurate and fulsome meeting minutes.
- Lead preparation of portfolio reporting of risk and performance for senior executives including tracking and analyzing risk metrics to understand overall risk exposure and actions needed and taken.
Assist with driving reporting and regular communication to ensure senior management, risk committees and Boards are aware of critical risk issues such as any breach of appetites, or risk manifestations/deficiencies.
- Assist manager with the development and maintenance of Risk Control and Self Assessments (RCSA's) in line with MIS standards.
- Provide on-going monitoring of RCSA's including identification of risks and/or controls to enhance control environment
- Work with manager to oversee the effective implementation of the MIS Risk Policy by the first line.
Provide guidance to the business segments and functional areas related to the risks posed by operational activities.
- Collaborate with first line of business in the design and implementation of risk measures, thresholds and reporting.
- Assist key business partners with documenting remediation plans
- Review and monitor documentation of Operational Risk Events (ORE's) and risk Issues, including:
- Monitoring of remediation and action plans
- Monitoring of GRC to ensure timely completion of ORE's and Issues documented in the system
- Manage & continuously develop relationship with Internal Audit stakeholders, manages stakeholder expectations & collaborates with audit team to assist in execution of ROC Internal Audit reviews
- Undergraduate degree, preferably Internal Audit, Internal control, Management & Risk consulting, or risk
- Graduate degree and/or relevant professional risk management qualification a plus
- 8+ years of business experience with at least 5 years in risk, compliance or internal controls
- Strong technical skills related to risk management for a globally regulated organization,
- Has operated in a highly regulated environment where they have needed to maintain processes to meet regulatory obligations
- Thinks critically and is able to identify problems and develop innovative solutions
- Able to work both self-directed and as part of a team
- Strong written and verbal communication skills
Rating Operations and Controls (ROC)
Moody's is an equal opportunity employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.
Moody's is a global integrated risk assessment firm that empowers organizations to make better decisions.