Job Description

Are you a strategic risk leader who thrives on embedding robust frameworks and quantifying complex risks? CFA Institute is seeking a Director of Operational Risk Management to advance our global risk culture and control environment. In this pivotal role, you'll guide the design and daily operation of our operational-risk framework, drive incident response and control testing, and serve as a key advisor and deputy to the Head of Enterprise Risk Management (ERM).
What You'll Do:Lead the design, implementation, and continual enhancement of CFA Institute's operational-risk and internal-control framework. Identify and quantify risks across all business functions, using tools such as Monte Carlo simulations, scenario planning, and FAIR-based cyber risk models. Drive control testing (SOX-light), incident tracking, and root-cause analysis through to remediation. Build and manage dashboards, stress-testing models, and early-warning metrics to proactively surface and mitigate risk. Design and run vendor-risk scoring mechanisms and fraud-risk reviews. Oversee IT/cybersecurity, third-party, fraud, and quantitative-modelling risk disciplines. Develop and deliver board-level risk reporting and represent ERM leadership across internal functions. Champion a cross-functional risk culture by facilitating risk forums and coaching junior team members.


What You'll Bring:Minimum Qualifications:Bachelor's degree in business, economics, engineering, or a related discipline. Demonstrated expertise in operational-risk frameworks, internal controls, and SOX-light testing. Advanced knowledge of quantitative risk modelling including Monte Carlo simulations and FAIR-based cyber risk quantification. Strong grasp of IT/cyber, vendor, and fraud-risk disciplines, with experience in incident management and root-cause analysis. Fluency in accounting fundamentals, particularly revenue accounting. Proven ability to interpret and implement policy and drive risk initiatives across diverse business areas.
Preferred Qualifications:Professional risk designation such as IRM. Experience working in a multinational organization with a global/multicultural risk lens. Prior leadership experience in presenting risk strategy and appetite to executive teams or boards. Track record of building and launching ERM tools such as vendor-risk platforms, early-warning dashboards, and control libraries.

Why Join Us?

At CFA Institute, we strive to lead with purpose and integrity. As a mission-driven organization, we empower investment professionals worldwide to build a better world for investors. This is your opportunity to work with a collaborative and innovative team committed to excellence in risk governance and operational resilience.
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About CFA Institute
CFA Institute are the global leader in investment excellence and ethics. With nearly 200,000 charterholders across 160 markets, we drive professional growth, ethical behavior, and better markets. We care about our employees' well-being, offering industry-leading benefits like:Comprehensive health coverage for you and your family Generous leave and time off Competitive retirement plans Flexible work options Wellness, education, and support programs

If you feel this opportunity could be the next step in your career, we encourage you to click "Apply" and complete our three-minute application.
Be part of a team committed to putting investors first and growing economies. Follow us @CFAInstitute on LinkedIn and X.Important Message:Your application must clearly demonstrate how you meet the requirements as CFA Institute cannot make assumptions about your education, experience, or location. We thank all those who apply. Only those selected for further consideration will be contacted.

We are an Equal Opportunity Employer. CFA Institute prohibits both discrimination and harassment with regard to all identifying characteristics: any individual employee, group of employees, or prospective employee on the basis of race, color, national origin, citizenship or immigration status, religion, creed or belief, age, marital or partnership status, marital or family status, care giver status, pregnancy and maternity, sexual and other reproductive health decisions, physical abilities/qualities, disability, sexual orientation, gender, gender identity or expression, predisposing genetic characteristic, military or veteran status, status as a victim or witness of domestic violence or sex offense or stalking, unemployment status, infectious disease carrier status, migrant worker status, educational background, socio-economic status, geographic location and culture or any other basis protected by applicable law. This policy impacts all aspects of employment, including but not limited to, recruitment, hiring, compensation, training, development, promotion, demotion, layoff, recall, furlough, transfer, leave of absence, and dismissal. This is a global policy that applies to all CFA Institute employees, regardless of location.
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