Two Sigma is a leading quantitative investment management and trading firm. The company applies a scientific approach to investing, combining cutting-edge technology, artificial intelligence, data science, and quantitative research with rigorous human inquiry to capitalize on market opportunities and deliver alpha for investors.
Our team of engineers, quantitative researchers and data scientists looks beyond the traditional to test hypotheses and develop creative solutions to some of the world’s most complex economic problems.
The Enterprise Risk Management (“ERM”) function is responsible for building and implementing frameworks/processes to identify, assess, prioritize, mitigate, and report on operational risks across the business. The ERM function will facilitate a centralized approach to managing the firm’s operational risks, collaborating with the relevant teams across modeling, engineering and corporate functions to mitigate identified risks. ERM will strive to promote and foster a culture of operational risk awareness, accountability, continual improvement, and transparency within TSIM. This will include providing reporting on operational risks and mitigants to control functional leadership, business area heads, and senior leadership.
We are seeking a motivated and detail-oriented operational risk professional to be part of our growing ERM team. Candidates should be a strong problem solver with critical thinking abilities, possess strong relationship management skills, have the ability to manage and prioritize multiple tasks, and takes a collaborative approach to team engagement. If you are passionate about joining a fast-paced, dynamic team, we'd love to meet you!
You will take on the following responsibilities:
- Analyze operational incidents, collaborate with partner teams across the business on root cause identification, and remediation efforts
- Document and communicate significant operational risk incidents within the business
- Attend post-mortem meetings, and manage documentation and key follow-ups
- Lead weekly incident meeting with partner teams across Corporate, Modeling, and Engineering
- Generate and distribute reporting and metrics for the individual businesses and TSIM
- Ability to work with cross functional teams and manage projects to streamline/build out management of operational risk processes.
- Assist in building out Enterprise Risk Framework and developing the culture of operational risk awareness, accountability, continual improvement
You should possess the following qualifications:
- 3-5 years of in-depth knowledge of risk management frameworks, methodologies, and standard processes including application in the context of a large financial institution.
- Understanding of relevant laws, regulations, and compliance requirements in the financial services industry.
- Ability to analyze complex data, identify trends, and make data-driven decisions.
- Proficiency in designing and conducting stress tests and scenario analyses.
- Excellent verbal and written communication skills to effectively convey risk-related information to stakeholders at all levels.
You will enjoy the following benefits:
- Core Benefits: Fully paid medical and dental insurance premiums for employees and dependents, competitive 401k match, employer-paid life & disability insurance
- Perks: Onsite gyms with laundry service, wellness activities, casual dress, snacks, game rooms
- Learning: Tuition reimbursement, conference and training sponsorship
- Time Off: Generous vacation and unlimited sick days, competitive paid caregiver leaves
- Hybrid Work Policy: Flexible in-office days with budget for home office setup
The base pay for this role will be between $100,000 and $150,000. This role may also be eligible for other forms of compensation and benefits, such as a discretionary bonus, health, dental and other wellness plans and 401(k) contributions. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.
We are proud to be an equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.
Two Sigma is committed to providing reasonable accommodations to qualified individuals in accordance with applicable federal, state, and local laws.
If you believe you need an accommodation, please visit our website for additional information.