Financial Risk Advisor, Bread Financial

$119.2-245.4k

+ Annual incentive bonus based on individual and company performance. Hired associates will be able to elect the purchase of company stock during offering periods in June and December.

Senior and Expert level

New York

More information about location

1+ day a week in office

Credit card, loan, savings and payment solutions

Be an early applicant

Credit card, loan, savings and payment solutions

1001+ employees

FintechB2CB2BBankingPersonal financeFinancial Services

Be an early applicant

$119.2-245.4k

+ Annual incentive bonus based on individual and company performance. Hired associates will be able to elect the purchase of company stock during offering periods in June and December.

Senior and Expert level

New York

More information about location

1+ day a week in office

1001+ employees

FintechB2CB2BBankingPersonal financeFinancial Services

Company mission

To challenge the status quo to enable satisfaction and happiness through simple, smart financial solutions created for all.

Job

Company

Role

Who you are

High School Diploma or GED
8+ years Risk management, financial planning, financial reporting, audit, governance, compliance oversight, control oversight or other related disciplines
Skills:
Controls Testing
Issue Management
Identifying Risks
Procedures Management
To perform this job successfully, an individual must be able to perform each essential job function satisfactorily and meet the physical, mental and work environment requirements

Desirable

Bachelor’s Degree in Business Administration, Risk Management, Communications, Accounting, Finance, or related
Certified Public Accountant (CPA) - American Institute of Certified Public Accountants
Certified Internal Auditor (CIA) - Institute of Internal Auditors
Certification in Risk Management Assurance (CRMA) The Institute Of Internal Auditors
Certified Enterprise Risk Professional (CERP)
10+ years in Risk management, financial planning, financial reporting, audit, governance, compliance oversight, control oversight or other related discipline

What the job involves

The Financial Risk Advisor is accountable for proactively identifying potential financial risks and ensuring adequate controls are in place by the first lines of defense to guard against financial loss and other business risks
The Advisor supports and enables senior leaders and functional experts across a specific line of business (first line of defense) to integrate risk management practices into their strategic business plans and day to day process responsibilities
The financial risk team acts as a second line of defense for senior finance and strategy leaders
Consult with all levels of leadership for the end-to-end execution of the RCSA program, including control breaks and resolutions, to reduce financial loss, regulatory exposure, and manage risks within enterprise risk appetites - (30%)
Review & challenge first line forecasts, stress testing, and reporting to ensure integrity and alignment with strategic objectives. - (25%)
Analyze program-related policies, standards, & data to provide strategic recommendations. - (15%)
Monitor and report financial risk metrics, collaborate with leaders to address deviations and action planning. - (15%)
Conduct Risk Assessments on initiatives and programs to identify unmitigated risks and ensure strategic and regulatory alignment. - (15%)
Reports to: Director and above
This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job
Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time

Our take

Bread Financial is a leading provider of simple, personalized payment, lending and saving solutions. Its range of digitally enabled options provides its customers and partners with financial flexibility.

While this is a highly competitive market with big players such as, Klarna, Afterpay, Affirm, and PayPal Credit, the company's comprehensive suite of offerings and partnerships make it a formidable competitor.

In the fall of 2020, Alliance Data acquired Bread in a $450 million deal, leading to the formation of Bread Financial as the umbrella company for all its services (such as BreadPay). Despite the challenges of the microeconomic environment, the company has seen significant success and is on the road to even more growth going forward.

Steph

Company Specialist at Welcome to the Jungle

Insights

29% employee growth in 12 months

Glassdoor (4.1)

Company

Company benefits

Medical, dental and vision coverage options
Employer match toward HSA contributions
Paid life insurance with additional coverage options
Mental and physical health programs, including telemedicine, counseling and more
Health and wellness programs, plus an annual fitness reimbursement
Paid maternity and paternity leave for parents
Adoption assistance
Financial assistance toward fertility treatment
401(k) contributions and company match (100% match, up to 5%)
Discounted employee stock purchase plan
Financial planning workshops
Tuition reimbursement benefit
Flexible time off programs to help associates balance work and life
Professional development through our associate learning and development platform
Back-up child care and virtual tutoring for children
Support program for unexpected tragedy or temporary financial hardship
Work-from-home opportunities with an equipment and internet stipend
Volunteer opportunities and charitable gift matching to pay it forward

Company HQ

Easton, Columbus, OH

Leadership

Ralph Andretta

(President & CEO)

Previously an EVP & General Manager of American Express and an International Card Executive of Bank of America. They also worked as an MD and as the Head of US Cards at Citi.

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