Senior Director, New Product and Business Risk Oversight

The Role:

This role is part of the Enterprise Risk Management (ERM) team within Independent Risk Management (IRM).  Its primary responsibilities include being the central role in fulfilling the position of a Business Unit Risk Officer as well as setting requirements for the company-wide framework to assess New Products and Change Initiatives.  This includes development and ongoing governance of risk management practices for products offered internationally. 

What you’ll do: 

• Serve as the first point of contact and escalation path for risk matters within the assigned businesses.
• Advise business leadership on risk implications of strategic initiatives, product changes, market entry/exit decisions, and operational transformations.
• Lead IRM deal teams in partnership with the Business Compliance Officer, and coordinate inputs from functional risk leads to produce a holistic IRM point of view.
• Influence and challenge senior management constructively, ensuring balanced risk/reward decisions.
• Establish and oversee policy requirements for the assessment of new, modified and expanded products as well as business change initiatives.
• Provide second-line oversight of the end-to-end product lifecycle to ensure alignment with the bank’s risk appetite, regulatory expectations, and strategic objectives.
• Define minimum risk management standards for new, modified, or expanded products across all risk types (credit, market, liquidity, operational, compliance, etc.).
• Architect the ongoing IRM operating model for products globally, establishing the governance structures, policies, and monitoring standards necessary to identify, measure, manage, and escalate risk across risk categories.
• Establish clear new product approval thresholds, documentation standards, and escalation protocols.
• Set expectations for post-launch product review and performance monitoring.
• Serve as the central IRM lead partnering across IRM in developing ongoing international risk management requirements and country-level risk governance structures, including risk appetite, limits, policies, and reporting.
• Adapt the ERM framework to local regulatory and risk environments while maintaining global consistency.

What you’ll need:

• Bachelor’s degree in Finance, Economics, Business Administration, Risk Management, or related field.
• 12+ years of experience in risk management within financial services, with exposure to multiple risk disciplines, including experience operating under globally recognized regulatory regimes.
• Demonstrated experience building Independent Risk Management practices, implementing risk frameworks, or overseeing risk governance across multiple regions.
• Strong understanding of principles across risk categories including credit, operational, market, and financial-crime risk.
• Proven experience in a leadership or senior advisory role with accountability for risk oversight at a business-line level.
• Strong understanding of banking products, services, and regulatory requirements.
• Demonstrated ability to operate effectively in a matrixed environment, collaborating across multiple functions and geographies.
• Strategic Risk Thinking – Ability to synthesize complex and cross-disciplinary risk information into clear, actionable insights.
• Influence & Collaboration – Builds trust and drives alignment across multiple stakeholder groups in a matrix structure.
• Challenge & Oversight – Constructively challenges assumptions, decisions, and risk-taking behaviors while remaining solution-oriented.
• Execution & Accountability – Drives risk programs to completion, ensuring tangible business outcomes.
• Communication Excellence – Communicates risk issues and recommendations effectively at all organizational levels.

Nice to have:

• Master’s degree (MBA, MS Risk Management, or related discipline).
• Professional certifications such as FRM, PRM, CFA, or CRCM.
• Experience interfacing with regulators and external auditors.