Operational Risk-AVP

Business Controls Associate / AVP – Financial Services

Location: New York, NY | Hybrid

We’re seeking a Business Controls Associate or AVP to join a growing Business Controls & Governance team and help strengthen the firm’s 1st Line of Defense (1LOD) control environment.

What You’ll Do

• Design, document, execute, and enhance business processes, controls, and SOPs
• Perform recurring control activities, including testing, sampling, evidence collection, and quality checks
• Maintain control inventories and audit-ready documentation
• Monitor control execution, identify gaps, and track issues and remediation
• Develop dashboards, KRIs/KCIs, management reporting, and governance materials
• Analyze operational and risk data to identify trends, inefficiencies, and control weaknesses
• Conduct ad hoc analysis and deep dives using SQL, Excel, and BI tools
• Support incident management, root-cause analysis, and remediation validation
• Partner with Operations, Product, Analytics, Technology, Compliance, and Risk teams
• Identify opportunities to standardize, streamline, and automate control processes
• Support audits, regulatory exams, and internal reviews

What We’re Looking For

• 5+ years of experience in business controls, operational risk, operations, or data-driven operational roles within financial services, fintech, or wealth management
• Experience with operational risk and control frameworks , including RCSAs, KRIs, issue management, and control testing
• Understanding of 1LOD/2LOD responsibilities and control governance
• Experience preparing executive-level presentations, dashboards, and committee materials
• Strong analytical skills with the ability to translate data and risk insights into practical process improvements
• Strong communication and cross-functional collaboration skills
• Familiarity with regulatory frameworks and audit/regulatory readiness
• Basic knowledge of alternative investments and related operational workflows, including private equity, private credit, hedge funds, or real assets
• Proficiency with Excel and PowerPoint ; SQL and BI experience strongly preferred

Why This Role

This is an opportunity to have significant ownership within a growing control environment, working directly with operational leaders and cross-functional stakeholders to improve risk management, governance, scalability, and operational resilience .

Hybrid schedule: Monday–Thursday in office, Friday remote.