Director of Risk Management – Denver, Colorado

Are you ready to join a team in a global company where you will be responsible to lead and guide development of enterprise risk analysis, reporting, and assessments to support Enterprise Risk Program? Are you eager to support the organization in assessing compliance risk and promoting the risk program with regulators and business partners? Join Western Union as a Group Leader Enterprise Risk Management.

Western Union powers your pursuit

This position is responsible for direction and oversight of our enterprise risk management program, related to regulatory compliance and advisory as well as emerging risks. This position supports the global program and individual license requirements related to our compliance enterprise risk assessments. This position acts as a senior liaison between compliance, the business, and risk to assess risks and ensure transparency in risk discussions. The role manages team delivery of risk assessments, leveraging data elements, tools, and robust analysis of risks to support licensed entity requirements and business decisions.  The role provides direction for risk modeling related to our enterprise risk management program.

Role Responsibilities

• Lead team in creation of risk assessments for compliance program and other key regulatory compliance related requirements (e.g. Climate, Geopolitical Assessments).
• Support & manage development of risk models for informing business and assisting in risk decisions.
• Present risk assessment data, findings, outputs to regulators, business partners, and key stakeholders in the spirit of transparency and informing on the risk analysis done and the overall AML compliance program.
• Assist senior management in maintaining a holistic view on all risks embedded in TWUC business models by performing risk assessments, supporting collection of risks (e.g. Global Risk Register), and championing risk ownership in analysis of risks.
• Conduct regular oversight and reporting of emerging risks across organization, and produce ad hoc enterprise and regulatory risk reports or risk assessments, where necessary
• Lead and guide the development of meaningful enterprise risk analysis and reporting to the Executive Risk Committee and other senior stakeholders (e.g. risk assessments, risk registers, enterprise risk reporting, KRIs reporting, etc.)
• Manage TWUC KRI’s development, evolution, management, and reporting to the respective Boards and senior management- Supervise the maintenance of TWUC KRIs registers, analysis of KRI information and production of KRIs dashboards to proactively identify occurring KRIs deviations and risks trends that require Executive Management’s and Risk senior management’s attention
• Support development and maintenance of risk management framework and risk strategy documentation for the Company in manner that ensures alignment with business strategy and objectives
• Support development, implementation and maintenance of risk and control policies and protocols to identify, control, manage and mitigate risks in the business processes (e.g. Enterprise Risk Management Policy, Enterprise Risk Management Framework, Enterprise Risk and Controls Self-Assessment Procedure, etc.)
• Support adoption and application of risk policies and procedures throughout the organization in a manner that practically supports each relevant function.
• People Management: Provide a common vision and foster a collaborative, high-performing team culture, managing, motivating, and guiding employees in the Risk Team to attract and retain capable staff

Role Requirements

• 7+ years of risk management experience
• Experience in a large company with multi state requirements across multiple and varied regulated industries
• Proven management skills and team leadership
• Proven organizational skills and the ability to effectively manage multiple deadlines
• Excellent written communication skills
• Executive presentation skills
• Project management experience
• Must be able to travel to industry related seminars and appropriate licenses entities 
• Analytical and detail oriented

We make financial services accessible to humans everywhere. Join us for what’s next.
Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/  

Salary
The annual base salary range is $151,745 – $252,908 per year. This role is also eligible to receive short-term and long-term incentives that align with individual and company performance. Actual salaries will vary based on candidates’ qualifications, skills, and competencies.

Benefits
You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few (https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.

Your United States – Specific Benefits Include

• Family First Program
• Time off
• Medical, Dental and Life Insurance
• Student Loan Repayment Program
• Tuition Assistance Program
• Parental Leave

Western Union values in-person collaboration, learning, and ideation whenever possible. We believe this creates value through common ways of working and supports the execution of enterprise objectives which will ultimately help us achieve our strategic goals. By connecting face-to-face, we are better able to learn from our peers, problem-solve together, and innovate.  

Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week. 

We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.

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Estimated Job Posting End Date:

08-19-2024

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.