Director, Controls and Governance

Overview

Join the new Controls and Governance department as a highly skilled and motivated senior controls leader within the Advice and Wealth Management (AWM) Division. Reporting to the AWM Head of Controls and Governance, this leader will build and lead a team that provides risk and controls expertise to support AWM. The person in this role will play a critical part in developing solutions to business challenges and conducting analysis to help management proactively address potential risks to the firm or investors. The role requires close collaboration with business leaders and risk partners, including Compliance, Risk, and Internal Audit. The team will be essential in ensuring effective risk management, robust processes and controls, strong oversight, and operational resilience. This leader will also drive the development and implementation of a divisional framework that promotes strong governance and a sustainable risk and control environment for both current and future business needs.

• Leadership: Hire, evaluate, and supervise crew, providing guidance and training to develop talent. Set performance standards, review performance, and make informed compensation decisions in line with HR policies. Communicate observations and work with business leadership on risk and controls management strategies.
• O versight: Provides oversight of business unit controls. Maintains strong relationships with key stakeholders aligned to the division. Responsible for implementing a strong culture of governance and accountability across division .
• Control Design and Monitoring: Partners with key stakeholders to implement and monitor an effective and efficient system of controls . Conduct root cause analysis and remediation when controls fail, or gaps are identified. Establish and communicate metrics, dashboards, and insights to leadership across the division.
• Stakeholder Management: Partner with the division's leadership team and risk partners to ensure risk and control matters are appropriately considered as part of new and existing operations, technology and oversight processes. . Proactively raise and execute plans to address risks before they materialize.
• Policy Management: Assist in developing and implementing internal control policies and procedures. Ensure policies are effectively maintained, governed and monitored.
• Consultation and Analytical Support: Provide advice on improving our approach to managing and controlling risk. Respond to risk events to identify root cause, themes, and additional areas where similar events could occur. Propose solutions and ensure causes are remediated within risk tolerance.
• Training and Awareness: Develop and maintain knowledge and awareness of the wealth and investment industry, risk and control practices, and regulatory and/or policy changes. Serves as a subject matter expert and trainer on risk and internal control matters.
• Special Projects: Participate in special projects and perform other duties as assigned.

• Minimum of eight years related work experience. Leadership experience required.
• Bachelor's degree in Finance, Business Administration, or a related field; advanced degree preferred.
• Proven experience in risk management, internal auditing, or compliance.
• Strong understanding of regulatory requirements and industry standards.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.