Director of Operational Risk

| Greater NYC Area
Apply now

Bread is a technology company that aims to transform the world of paper credit card applications and hidden interest rates by providing leading point-of-sale financing options for merchants across the e-commerce journey. We build tools, technologies and APIs that allow merchants to integrate an installment loan financing and checkout experience anywhere in their customers’ shopping journey. Bread was started in 2015 by financial technology veterans, and has experienced explosive growth to date. We’re backed by top investors including Menlo Ventures, Bessemer Venture Partners, Kinnevik, among others.

We are hiring a Head of Operational Risk to build our enterprise risk function. The Head of Operational Risk will report to the Senior Vice President of Operations and is a critical member of the Bread’s Leadership Team. Direct responsibilities include designing and implementing Bread’s Enterprise Risk Management framework, driving key risk initiatives, and providing risk management leadership across the organization.


What you will do:

  • Responsible for the development, implementation, and oversight of Bread’s Enterprise Risk Management framework
  • Partner with senior leadership to define risk appetite, risk profiles, and key risk metrics
  • Develop and execute operational risk assessments to identify key areas of focus and priorities for the organization
  • Build a monitoring and testing program to evaluate the adequacy of internal controls through continuous monitoring and testing, identifies opportunities and implements solutions to address deficiencies 
  • Develop and maintain Enterprise Risk Management tools, practices, and strategies
  • Review and recommend improvements to our risk policies and procedures to ensure adequacy versus industry best practices and regulatory requirements
  • Oversees the preparation of Enterprise Risk Management reporting (Key Risk Indicators and Key Performance Indicators), communications, and present at relevant governance committees

What we are looking for:

  • Undergraduate degree required; Master degree in risk management, accounting or business major preferred
  • 8+ years of risk management experience in consumer financial services
  • 4+ years in a leadership position in Risk Management, Audit, Compliance or related field
  • Experience with internal and external audits, providing key material and findings while representing internal teams
  • Experience designing, implementing and monitoring enterprise risk programs that includes process and control excellence, risk assessments, issue management/oversight, operational losses, testing, and management of regulatory requirements
  • Results-oriented, dependable, and thrives operating at the startup pace and will enjoy the challenge of a rapidly evolving organization
  • Strong ability to influence and build relationships across various stakeholders
  • Proven ability to promote and embed a risk management culture across the organization
  • Well connected in industry groups and research staying current on industry best practices 
  • Excellent presentation, interpersonal, negotiation, written and oral communication skills
  • 10% Travel

Benefits & Perks

  • Stock options
  • 100% Paid Health, Dental & Vision
  • 401(K) plan
  • Flexible vacation policy
  • Team events like trivia, office happy hours, bowling
  • Weekly team lunches

Read Full Job Description
Apply now
loading ...
Emailed

Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • GolangLanguages
    • JavascriptLanguages
    • FluxLibraries
    • ReactLibraries
    • ReduxLibraries
    • PostgreSQLDatabases
    • Google AnalyticsAnalytics
    • ConfluenceManagement
    • JIRAManagement
    • TrelloManagement
    • HubSpotCRM
    • SalesforceCRM
    • MailChimpEmail
    • MarketoLead Gen

Location

156 5th Avenue, 2nd floor, New York, NY 10010

An Insider's view of Bread

What are some social events your company does?

We love celebrating all that we can from our monthly happy hours, DI&B events to our summer/winter holiday parties. Our team is extremely thoughtful about how we gather together to ensure everyone is excited about and included in all we do. It fosters collaboration in a more strategic yet relaxed way which helps build relationships.

Britney

Head of Employee Engagement

What projects are you most excited about?

A typical day at Bread is different depending on the engineer. While some engineers enjoy more autonomy, I enjoy collaborating on projects with other engineers and coming up with great solutions together. We strike a balance between stability and innovation through code reviews and guest lectures. I feel supported in my career growth here at Bread.

John

Software Engineer

How does the company support your career growth?

Bread encourages us to empower ourselves from the very start of our careers by offering every employee a stipend to seek educational resources and support. If you envision a role we don’t currently offer, or aspire to transition internally, we aim to give you the tools needed to meet your goal.

Gaby

Recruiting Coordinator

How do you collaborate with other teams in the company?

One of the great things about working at Bread is the cross-functional collaboration with other teams. As an integrations engineer, I have not only learned how to intentionally build a product in a thoughtful manner from the Engineering and Product teams, but also how to be effective in a client facing role from our Sales and Success teams.

Wei

Integrations Engineer

What are Bread Perks + Benefits

Bread Benefits Overview

100% Paid Health, Dental & Vision
Stock Options
Flexible Vacation Policy
Team Events
Weekly Lunches
Learning & Development stipend
Monthly Meditation
Bi-monthly Yoga
Bi-monthly chair massage
Life events and milestone celebrations

Culture
Volunteer in local community
Friends outside of work
Eat lunch together
Intracompany committees
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Someone's primary function is managing the company's diversity and inclusion initiatives
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Team workouts
We have in office yoga once a week!
Retirement & Stock Options Benefits
401(K)
Company Equity
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Bread provides employees with a flexible work schedule that includes flexible start and end times.
Family Medical Leave
Company sponsored family events
Bread sponsors family oriented events annually.
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Free Daily Meals
Stocked Kitchen
Some Meals Provided
Happy Hours
Recreational Clubs
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Bread offers employees professional development opportunities like annual individual budget for training, the ability to attend job related conferences and seminars.
Tuition Reimbursement
Diversity Program
Lunch and learns
Bread hosts lunch and learn meetings on occasion.
Promote from within
Continuing Education stipend
We offer $$$ annually for continuing education.
More Jobs at Bread19 open jobs
All Jobs
Design + UX
Dev + Engineer
HR
Legal
Marketing
Operations
Product
Developer
new
New York
Developer
new
New York
Developer
new
New York
Marketing
new
New York
Developer
new
New York
Developer
new
New York
Design + UX
new
New York
Operations
new
New York
Marketing
new
New York
HR
new
New York
Developer
new
New York
Design + UX
new
New York
Operations
new
New York
Product
new
New York
Product
new
New York
Apply now
Save job
loading ...
Emailed
View Bread's full profileSee more Bread jobs