Director, Enterprise Risk Management & Controls Lead Officer
Nearwater Capital, New York, NY, United States
As the Enterprise Risk Management Lead & Controls Officer, you will establish, manage, and enhance the firm's risk management framework, ensuring robust risk and control measures across all business functions, including operational, strategic, compliance, and technology. You will partner closely with businesses and functional leaders to embed risk awareness into decision‑making, strengthen internal controls, and develop forward‑looking insights that protect and enable the firm’s growth.
This is a key leadership role with responsibility for framework and controls, third‑party risk management and overseeing controls matrix across the organization.
Key Responsibilities:
Lead the development and implementation of the firm’s enterprise risk management (ERM) framework, ensuring alignment with industry standards and regulatory expectations.
Oversee non‑financial risk management, including operational, compliance, technology, cyber, and reputational risks. Oversee Risk & Control Self‑Assessment (RCSA), including identifying and managing key risks and mitigants across business functions.
Own and maintain the Controls Matrix for Nearwater Capital, ensuring consistency and accuracy across all key risk areas. Collaborate with Compliance to ensure execution of controls relating to regulatory requirements.
Design and implement controls for non‑regulated businesses in coordination with Compliance, ensuring operational soundness and consistent process execution.
Third‑Party / Vendor Risk Management
Own the firm’s Third‑Party Risk Management (TPRM) program, including coordination of vendor risk assessment, onboarding, and monitoring.
Manage systems licensing, processes permissions, and account creation requests, ensuring appropriate risk controls are in place.
Control Testing & Reporting
Lead initiatives to enhance targeted testing of data integrity within the control framework, particularly for non‑regulated businesses and technological processes.
Provide regular risk reports to senior leadership and the Board, highlighting key risks, mitigants, and control effectiveness.
Cross‑Functional Risk Leadership
Partner with department heads to embed risk management and control practices across businesses, fostering a culture of accountability and proactive risk mitigation.
Skills and Experience:
10+ years in enterprise risk management, preferably in financial services or related sectors.
Strong experience with RCSA, controls frameworks, and risk reporting.
Proven experience in non‑financial risk, vendor/third‑party risk management, operational risk management and control framework design.
Excellent analytical, problem‑solving, and stakeholder management skills.
Ability to translate complex risk concepts into actionable business insights.
Experience with risk assessment techniques and tools.
Preferred Qualifications:
Master’s degree and professional certifications (e.g., FRM, CRM, PRM or similar).
Experience working in startups or high‑growth environments.
Expertise in data integrity testing and operational controls for non‑regulated businesses.
What Else You’ll Get: Nearwater offers an attractive market compensation and benefits package including, health, dental & vision benefits, life insurance, paid vacation and holidays, and a 401(k) plan. Our office is located in midtown, close and convenient for commuting. As a creative, intellectual capital firm, Nearwater is proud to be 100% work from office, which promotes our collaborative and 'get things done' atmosphere.
You will be joining a firm that is well established but still growing rapidly and You Will have the ability to impact the design of developing new business segments. Work in a fast‑paced and intellectually stimulating environment, in which you will learn something new every day. A collaborative working environment where every voice is heard.
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This is a key leadership role with responsibility for framework and controls, third‑party risk management and overseeing controls matrix across the organization.
Key Responsibilities:
Lead the development and implementation of the firm’s enterprise risk management (ERM) framework, ensuring alignment with industry standards and regulatory expectations.
Oversee non‑financial risk management, including operational, compliance, technology, cyber, and reputational risks. Oversee Risk & Control Self‑Assessment (RCSA), including identifying and managing key risks and mitigants across business functions.
Own and maintain the Controls Matrix for Nearwater Capital, ensuring consistency and accuracy across all key risk areas. Collaborate with Compliance to ensure execution of controls relating to regulatory requirements.
Design and implement controls for non‑regulated businesses in coordination with Compliance, ensuring operational soundness and consistent process execution.
Third‑Party / Vendor Risk Management
Own the firm’s Third‑Party Risk Management (TPRM) program, including coordination of vendor risk assessment, onboarding, and monitoring.
Manage systems licensing, processes permissions, and account creation requests, ensuring appropriate risk controls are in place.
Control Testing & Reporting
Lead initiatives to enhance targeted testing of data integrity within the control framework, particularly for non‑regulated businesses and technological processes.
Provide regular risk reports to senior leadership and the Board, highlighting key risks, mitigants, and control effectiveness.
Cross‑Functional Risk Leadership
Partner with department heads to embed risk management and control practices across businesses, fostering a culture of accountability and proactive risk mitigation.
Skills and Experience:
10+ years in enterprise risk management, preferably in financial services or related sectors.
Strong experience with RCSA, controls frameworks, and risk reporting.
Proven experience in non‑financial risk, vendor/third‑party risk management, operational risk management and control framework design.
Excellent analytical, problem‑solving, and stakeholder management skills.
Ability to translate complex risk concepts into actionable business insights.
Experience with risk assessment techniques and tools.
Preferred Qualifications:
Master’s degree and professional certifications (e.g., FRM, CRM, PRM or similar).
Experience working in startups or high‑growth environments.
Expertise in data integrity testing and operational controls for non‑regulated businesses.
What Else You’ll Get: Nearwater offers an attractive market compensation and benefits package including, health, dental & vision benefits, life insurance, paid vacation and holidays, and a 401(k) plan. Our office is located in midtown, close and convenient for commuting. As a creative, intellectual capital firm, Nearwater is proud to be 100% work from office, which promotes our collaborative and 'get things done' atmosphere.
You will be joining a firm that is well established but still growing rapidly and You Will have the ability to impact the design of developing new business segments. Work in a fast‑paced and intellectually stimulating environment, in which you will learn something new every day. A collaborative working environment where every voice is heard.
#J-18808-Ljbffr