Moody's Investors Service

Let's begin! VP-Risk Management (14830)

Moody's Investors Service • $163K — $236K *
New York, NY 10025In-Person
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 10+ years of experience in operational risk, compliance, or related control functions within a highly regulated environment
  • Proven ability to provide independent review and credible challenge across risk documentation and governance reporting
  • Strong skills in assessing control design effectiveness and remediation adequacy
  • Demonstrated experience influencing senior stakeholders and governance forums
  • Experience overseeing strategic initiatives and technology changes, including AI and automation
  • Proficiency in risk management tools and Microsoft Office applications
  • Knowledge of regulatory expectations in financial services or similar control environments

Responsibilities

  • Provide independent oversight and credible challenge to the operational risk framework for Ratings Operations
  • Engage at governance committees to update on risk profile changes
  • Challenge alignment of risk appetite initiatives with organizational goals
  • Review the effectiveness of Risk and Control Self-Assessments and escalation processes
  • Assess post-event root causes of operational risk events and recommend preventative actions
  • Evaluate Key Risk Indicator development and tolerance levels
  • Monitor and advise on emerging risks from AI and digital initiatives
  • Act as a trusted advisor across Ratings Operations and control functions
  • Support regulatory readiness by escalating risk themes through governance channels
  • Review adherence to risk policies and operational risk management framework

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Generous parental leave and paid time off
  • 401(k) plan with employee and company contributions
  • Life, disability, and accident insurance
  • Discounted employee stock purchase plan
  • Tuition reimbursement
Full Job Description
Skills and Competencies
  • 10+ years of progressive experience in operational risk, enterprise risk, internal audit, compliance, or related control functions within a global, highly regulated environment
  • Demonstrated experience providing independent second line review and credible challenge across Risk and Control Self-Assessments, issue management, operational risk events, Key Risk Indicators, risk appetite, and governance reporting
  • Strong ability to assess control design and effectiveness, residual risk, root cause, remediation adequacy, closure evidence, and escalation needs
  • Proven experience engaging senior stakeholders and governance forums to communicate risk profile changes, emerging risks, control weaknesses, and required management actions
  • Experience supporting risk oversight of strategic initiatives, including technology change, process transformation, automation, AI/digital adoption, and third-party dependencies
  • Track record of building trusted cross-functional relationships while maintaining independence, objectivity, and effective challenge as a second line risk advisor
  • Demonstrated ability to challenge the quality, completeness, and accuracy of risk documentation, including issue descriptions, impact ratings, root cause analysis, remediation plans, closure evidence, and risk acceptance rationales
  • Demonstrated experience using governance, risk, and compliance platforms, risk reporting tools, dashboards, and Microsoft Office applications to support risk assessment, monitoring, and executive-level reporting
  • Ability to influence cross-functionally and enterprise-wide and assert second line risk responsibility to challenge and influence in a highly consultative and effective manner
  • Familiarity with regulatory expectations and supervisory standards applicable to highly regulated financial services, credit ratings, or similar control environments preferred
  • Demonstrated proficiency in artificial intelligence concepts, with hands-on experience using AI tools to streamline workflows and enhance operational efficiency. Proven ability to implement AI-powered solutions to solve business challenges. Demonstrates a growing awareness of AI risk management and a commitment to responsible and ethical AI use

Education/Certifications
  • Bachelor's degree or equivalent required
  • Advanced degree or professional qualification in risk management, finance, business, technology, audit, compliance, or a related discipline preferred
  • Professional certification in operational risk, enterprise risk, internal audit, compliance, or information security preferred, such as CRISC, FRM, PRM, CIA, CPA, CISA, CISM, CISSP, or equivalent

Responsibilities

The VP, Risk Management serves as the dedicated second line risk officer supporting Ratings Operations, providing independent oversight, credible challenge, and advisory support across the operational risk management framework.
  • Provide independent review and credible challenge to the Ratings Operations risk profile and its implementation of the operational risk management framework, leveraging subject matter expertise across all risk domains
  • Actively engage at governance committees and forums representing second line risk, and deliver subsequent updates on changes to the Ratings Operations risk profile
  • Deliver independent oversight and credible challenge of risk appetite initiatives, including alignment with organizational goals, risk profile changes, documented rationales, and applicable regulatory expectations
  • Credibly challenge first line Risk and Control Self-Assessments for timely completion, risk identification, control effectiveness assessments, and escalation and reporting, including at governance committees
  • Review and challenge the identification, documentation, response, and reporting of issues and operational risk events, including post-event root cause analysis to identify lessons learned and actions to prevent recurrence
  • Provide independent review and credible challenge of Key Risk Indicator development, proposed tolerance levels, supporting rationale, and first line explanations where indicators are out of tolerance or have changed significantly
  • Monitor and challenge emerging and evolving risks, including those arising from AI, automation, technology transformation, data management, and other digital initiatives, and advise stakeholders on risk implications and appropriate governance escalation
  • Provide second line challenge and oversight of strategic and transformation initiatives from design through post-implementation, with particular focus on technology change, automation, AI adoption, and third-party dependencies
  • Act as a trusted risk advisor and respected point of contact for stakeholders across Ratings Operations and control functions, including Compliance, People, Enterprise Risk Management, and Internal Audit, while maintaining independence and objectivity
  • Support regulatory readiness by providing independent risk perspectives, escalating material risk themes through appropriate governance channels, and helping ensure documented risk positions are clear, complete, and supportable
  • Review and credibly challenge adherence by Ratings Operations to applicable policies, standards, procedures, and the operational risk management framework
  • Monitor and challenge first line use of the governance, risk, and compliance tool for accuracy, completeness, timeliness, and appropriate reporting

About the Team

The Moody's Ratings Risk Management Team serves as the second line of defense risk function across Moody's Ratings, setting risk policies and providing independent guidance, oversight, and challenge to ensure consistent implementation of and adherence to risk standards. Operating as a global risk management center of excellence within Moody's Ratings, the team partners closely with business units, first line support functions, and shared services to strengthen risk practices and promote accountability across the organization. As Moody's Ratings continues to evolve its risk landscape, including through the adoption of AI, automation, and digital transformation, the team plays a critical role in monitoring and challenging emerging risks and helping the business navigate change with confidence and rigor.

For US-based roles only: the anticipated hiring base salary range for this position is $163,300.00 - $236,800.00, depending on factors such as experience, education, level, skills, and location. This range is based on a full-time position. In addition to base salary, this role is eligible for incentive compensation. Moody's also offers a competitive benefits package, including not but limited to medical, dental, vision, parental leave, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, a discounted employee stock purchase plan, and tuition reimbursement.

About Moody's Investors Service

Moody's Investors Service is a bond credit rating business that provides research, credit rating, and financial risk analysis services. The company’s ratings and analysis track debt that covers various countries, corporate issuers, public finance issuers, and structured finance obligations. Additionally, the company also offers predictive ratings, research and investor briefings, pricing and valuation tools, and credit opinions. The company’s primary goal is to help investors analyze the credit risks associated with fixed-income securities. Moody’s Investor Service rates debt securities in several market segments related to public and commercial securities in the bond market. These include government, municipal and corporate bonds; managed investments such as money market funds, fixed-income funds, and hedge funds; financial institutions that include banks and non-bank finance companies; and asset classes in structured finance. Considered one of the Big Three credit rating agencies, Moody’s Investor Service employs approximately 6,100 people worldwide and maintains a presence in 28 countries. Moody’s Investor Service was founded by John Moody in 1999 and is headquartered in New York City, United States.

Moody's Investors Service Careers

Join the esteemed team at Moody's Investors Service, a leading global provider of credit ratings, research, and risk analysis. This is a prime opportunity to be part of a company that values professional growth, leadership, and innovation in the financial industry.

Work You’ll Do

At Moody's Investors Service, the focus is on empowering the financial community to make better decisions through high-quality, independent, and rigorous analytics. The team at Moody's Investors Service is dedicated to maintaining and enhancing the transparency, integrity, and efficiency of global markets.

Explore Job Opportunities and Internships

Moody's Investors Service offers a variety of career paths, including full-time positions and internships that provide valuable industry experience. The company is committed to fostering a culture of excellence where skilled, passionate, and solution-driven team players thrive.

Innovative Work Environment

Engage in work that matters with a team that combines deep industry expertise with innovation to deliver insights that matter to global markets. Moody's Investors Service is at the forefront of integrating cutting-edge technology and data analysis in the financial sector.

Professional Growth and Development

Moody's Investors Service believes in future-proofing careers by offering unmatched opportunities for professional development and advancement. Whether through leadership programs, diversity training, or networking events, employees are equipped to excel in their careers and contribute to the company's success.

Benefits and Culture

The culture at Moody's Investors Service is built on a foundation of respect, integrity, and inclusion. Employees enjoy comprehensive benefits designed to support their health, well-being, and financial security. The company's commitment to diversity and inclusive growth makes it a leader not just in financial services, but also as an employer of choice.

Join the Team

Discover the range of positions available, from analyst roles to leadership opportunities. Moody's Investors Service is actively hiring and looking for individuals who bring creativity, teamwork, and a strong work ethic to the table.

Prepare for Your Interview

To join Moody's Investors Service, start by tailoring your resume to highlight relevant skills and experiences. Prepare for your interview by researching the company's impact on the financial industry and come ready to discuss how your background aligns with the company's goals and values.

Stay Connected

Keep up to date with the latest from Moody's Investors Service by following their career blog. Gain insights from insiders, and stay informed about new job openings and industry news.

Career Advancement at Moody's Investors Service

With a steadfast commitment to nurturing talent and a clear path for career advancement, Moody's Investors Service remains a top choice for professionals aiming to excel in the financial sector. Explore how you can contribute to and benefit from the company's legacy of success.

Search Moody's Investors Service Jobs

Find the position that matches your skills and interests. Moody's Investors Service is looking for dedicated, curious, and innovative professionals to join their team. Explore the exciting and rewarding opportunities that await at Moody's Investors Service.
Learn more about Moody's Investors Service
Industry
Finance & Insurance
Founded
1900
* Ladders Estimates

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