Director of Enterprise Risk Management, Forge
$190-200k
+ bonus + equity
More information about location
Stock market for private companies
Job no longer available
Stock market for private companies
201-500 employees
Job no longer available
$190-200k
+ bonus + equity
More information about location
201-500 employees
Company mission
To power an accessible, liquid , and transparent private market.
Role
Who you are
- Masters degree / CFA / FRM w/ 7+ years of experience
- Risk Management experience within regulated financial institutions
- Experience with working in a Broker Dealer, RIA, or management consulting firm desired
- Must have proven experience with developing risk frameworks within organizations
- Ideally has experience building or administering Risk Analytics, Financial Risk Modeling
What the job involves
- The Director of Risk Management will administer and lead the Risk Governance framework for the firm
- This will include managing the Board and Management Risk Committee processes, ensuring the firm operates within its stated Risk Appetites, compliance with all Risk Policies
- The incumbent will work closely key executives of the firm to identify and report on ongoing and emerging risks and will advise and implement mitigating controls to manage risks
- This role is a key hire within the second line of the Firm and will be responsible for conducting periodic Risk Assessments across First line and Control functions
- This role will coordinate with the Compliance and Legal departments to ensure that all Regulatory Risks are adequately addressed and will facilitate risk reviews with regulators when required
- This role will be responsible for the development of Risk Analytics, Models and Model Review
- This role reports to the SVP, Head of Risk
- Periodic update of the Risk Committee Charter, Risk Appetite Statement, Firm Wide Enterprise Risk Policy, Associated Procedures
- Development of Material Risk Inventory, Key Risk Activities (Controls), Key Risk Ratios (Factors/Indicators), Risk Dashboards
- Build Enterprise Risk Reporting tools, Build Risk analytics, Market Intelligence Reports
- Enhance Risk Management of the various stripes under the Enterprise Risk Management umbrella, with owners of the risk (Business Units, Marketing, Information Technology, Compliance, Legal, etc.)
- Develop risk review processes for new product development, new business development, and corporate development activities
- Develop policies, procedures, limits or thresholds (as required), escalation protocols etc. Be a risk advisor and facilitator
- Establish a quarterly Enterprise Risk Reporting process (for top risks) for the Risk Committee, SoX updates for Audit Committee
- Review external reporting and communication of top risks to Regulators, Auditors, Investors etc
Our take
Corporate stock options are a competitive advantage for companies wishing to attract and motivate top talent. The option of early liquidity proves to be an enticement, especially when startups tend to postpone going public for so long.
Forge offers companies, their employees, investors, and institutions a means of selling their shares in a pre-IPO stock market, allowing private shares to be traded as freely as public company shares. Forge aims to standardize and bring speed to trades in the private market.
Big rivals include Carta and the Nasdaq Private Market, while others such as EquityZen, Zanbato, and Industry Ventures also pose threats. To strengthen its position in this bustling marketplace, Forge is focused on partnerships and new products; launching products such as Forge Intelligence, its first data product, and Forge Company Solutions. The company is also expanding its global reach through partnerships with Wells Fargo Securities and Deutsche Börse.
Freddie
Company Specialist at Welcome to the Jungle
Insights
15% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
May 2021
$150m
LATE VC
Jan 2019
$35m
SERIES B
Total funding: $238.5m
Company benefits
- Health and wellness: Medical, dental, and vision are available to all employees.
- Smart savings: 401k plan, life insurance, HSA and FSA, and pre-tax mass transit and parking benefits.
- Ownership: Equity is offered to all qualifying employees.
- Life balance: New parent leave and generous time off.
- We grow with you : We encourage and support your growth through education, training, and mentorship.
- Relationship building: Team lunches, employee interest groups, and company celebrations.
- Community and culture: Employee-led resource groups, volunteering, and community service.
- Rewards and recognition: Continuous recognition of our employees’ milestones, wins, and hard work.
- Food and snacks: Healthy snacks, drinks, and weekly lunches when in the office.
Company HQ
Financial District, San Francisco, CA
Leadership
Kelly Rodriques
(CEO)Former CEO of Pensco and Founder of Operative Capital. Previous Operating Partner with Ignition Growth Capital and CEO of Blowtorch Entertainment. Successfully started and co-invested with accomplished venture capitalists in early-stage technology companies. Serves as a board member and advisor to several growth companies in technology-enabled service sectors.
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