Freedom Mortgage

SVP, Risk

Freedom Mortgage$180K — $220K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; advanced degree and relevant professional credentials preferred.
  • 15+ years of progressive experience in risk, finance, operations, audit, compliance, or related leadership including significant executive-level responsibility.
  • Prior experience as a Chief Risk Officer (CRO) or senior executive in enterprise risk.
  • Proven track record in developing and managing enterprise risk frameworks.
  • Experience in advising executive leadership on enterprise risks, particularly in multi-company structures.

Responsibilities

  • Develop and enhance the enterprise risk management framework.
  • Establish risk identification, prioritization, and reporting methodologies.
  • Conduct regular enterprise risk assessments with leadership.
  • Serve as a senior risk advisor to executive leaders and governance bodies.
  • Support risk diligence procedures for acquisitions and significant transactions.

Benefits

  • Opportunities for professional development and advancement.
  • Collaborative work environment with strong leadership support.
  • Independent decision-making authority within the risk discipline.
  • Potential for involvement in transformative strategic initiatives.
  • Access to a broad network of executives across a family of companies.
Full Job Description

Summary:

The SVP, Risk will be responsible for developing a comprehensive framework for identifying, assessing, monitoring, mitigating, and reporting the risks that could materially affect the organization. The role will provide executive leadership across enterprise risk management, operational risk, strategic risk, third-party risk, business continuity, emerging risk, and related areas while partnering closely with leaders responsible for financial, legal, compliance, technology, cybersecurity, and other specialized risk domains.

A critical component of the position will be establishing a consistent but appropriately flexible risk governance model across the family of companies. The SVP, Risk will create visibility into material risks across the portfolio, establish common risk-management expectations and reporting, challenge businesses regarding significant exposures, and ensure enterprise leadership has a consolidated view of the organization's risk profile.

Essential Job Duties and Responsibilities:

Enterprise Risk Management

  • Develop, implement, and continuously enhance Archwell Capital's enterprise risk management framework.
  • Establish a consistent methodology for identifying, assessing, prioritizing, monitoring, mitigating, and reporting material risks.
  • Develop and maintain the organization's enterprise risk taxonomy, risk register, risk appetite framework, and risk reporting processes.
  • Facilitate regular enterprise risk assessments with executive and business leadership.
  • Identify emerging and interconnected risks that could materially affect business objectives.
  • Ensure significant risks have clearly identified owners, mitigation strategies, timelines, and accountability.

Executive & Governance Leadership

  • Serve as the senior risk advisor to executive leadership and appropriate governing bodies.
  • Provide an independent enterprise perspective on significant strategic and operational risks.
  • Develop concise, decision-oriented reporting regarding material risks, trends, exposures, and mitigation activities.
  • Facilitate discussions regarding risk appetite, risk tolerance, and significant risk decisions.
  • Provide effective challenge regarding decisions or activities that create material enterprise exposure.

Family of Companies Risk Governance

  • Establish an enterprise risk governance model across Archwell Capital's family of companies.
  • Define minimum risk-management standards and expectations while allowing frameworks to reflect the size, complexity, industry, and risk profile of individual businesses.
  • Establish a consistent process for identifying and reporting material risks across companies.
  • Develop consolidated portfolio-level reporting that provides visibility into significant and systemic exposures.
  • Conduct or oversee periodic risk assessments of individual companies.
  • Partner with company CEOs, CFOs, General Counsels, risk leaders, and other executives to strengthen risk-management capabilities.
  • Provide constructive challenge regarding significant risk exposures and remediation plans.
  • Establish escalation protocols for material risks, incidents, control failures, or emerging concerns.
  • Identify common or correlated risks across multiple companies that may not be apparent when businesses are viewed individually.
  • Facilitate sharing of risk-management practices, resources, and lessons learned across the portfolio.

Operational & Strategic Risk

  • Oversee frameworks for operational risk, including risks associated with people, processes, systems, third parties, business disruption, and organizational change.
  • Partner with leadership to evaluate risk associated with major strategic initiatives and investments.
  • Develop processes for evaluating emerging risks and scenario-based exposures.
  • Ensure major transformation initiatives incorporate appropriate risk assessment and governance.
  • Monitor significant concentrations, dependencies, and potential single points of failure.

Business Continuity & Resilience

  • Establish enterprise expectations for business continuity, crisis management, and operational resilience.
  • Ensure critical business functions and dependencies are identified and appropriately protected.
  • Coordinate enterprise-level scenario planning and crisis exercises.
  • Evaluate the resilience of significant companies and critical operations.
  • Partner with the CIO, CISO, Legal, Communications, and business leaders regarding significant disruptions and crisis response.

Third-Party Risk

  • Establish an enterprise framework for identifying and managing significant third-party risks.
  • Develop risk-based standards for due diligence, contracting, ongoing monitoring, concentration risk, and vendor resilience.
  • Partner with Procurement, Technology, Cybersecurity, Legal, Compliance, and business leaders regarding critical third parties.
  • Identify significant third-party dependencies and concentrations across the family of companies.

Transactions & Portfolio Risk

  • Support risk diligence associated with acquisitions, investments, partnerships, and other significant transactions.
  • Develop an enterprise perspective regarding material operational, technology, cyber, regulatory, reputational, and other non-financial risks associated with potential transactions.
  • Establish post-transaction risk priorities and monitoring where appropriate.
  • Identify changes in the risk profile of businesses as strategies, markets, leadership, technologies, or external conditions evolve.

Cross-Functional Risk Coordination

  • Partner closely with Finance, Legal, Compliance, Internal Audit, Information Technology, Cybersecurity, Human Resources, and business leadership.
  • Establish clear ownership of specialized risk domains while maintaining an integrated enterprise view.
  • Coordinate with the CISO regarding cybersecurity risk and the CIO regarding technology and operational resilience risks.
  • Ensure risk management complements rather than duplicates the responsibilities of Legal, Compliance, Internal Audit, and other control functions.

Leadership

  • Build and lead a high-performing enterprise risk function.
  • Develop appropriate risk-management capabilities, processes, tools, analytics, and reporting.
  • Promote a culture in which thoughtful risk management supports informed decision-making rather than simply preventing risk-taking.
  • Build productive relationships with executives and risk leaders throughout the family of companies.

Other Job Duties and Responsibilities:

  • Performs other related duties as assigned.
  • Comply with all company policies and procedures.
  • Maintain regular and punctual attendance.

Supervisory Responsibilities:

  • This position has direct reports. Manages staff and carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Qualifications:

To perform this job successfully, an individual must be able to perform eachessential functionsatisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

  • Strong understanding of strategic, operational, technology, cyber, third-party, financial, regulatory, and reputational risk.
  • Demonstrated ability to provide credible independent challenge while maintaining strong business partnerships.

Education and/or Experience:

  • Bachelor's degree required; advanced degree and relevant professional credentials preferred.
  • 15+ years of progressive risk, finance, operations, audit, compliance, or related leadership experience, including significant executive-level responsibility.
  • Prior experience as a CRO, senior enterprise risk executive, or equivalent leader within a complex organization.
  • Demonstrated experience developing and operating enterprise risk management frameworks.
  • Experience operating within a multi-company, holding-company, investment, decentralized, or similarly complex organizational structure strongly preferred.
  • Experience advising executive leadership and governing bodies regarding material enterprise risks.
  • Experience with transaction or M&A risk assessment preferred.

Certificates, Licenses, Registrations:

  • None Required

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is normally performed in a typical interior office work environment which does not subject the employee to any hazardous or unpleasant elements. The noise level in the work environment is usually moderate.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.

Job Responsibilities:

The statements reflect the general duties and responsibilities considered necessary to perform the essential functions of the job and should not be considered as an all-inclusive list of all the work requirements of the position. The company may change the specific job duties with or without prior notice based on the needs of the organization.

About Freedom Mortgage

Freedom Mortgage Corporation is a privately held, full-service mortgage lender that provides loans to clients nationwide. The company was founded in 1990 and is headquartered in Mount Laurel, New Jersey. Freedom Mortgage offers a wide range of mortgage products, including conventional, FHA, VA, and USDA loans. The company is committed to providing exceptional customer service and has received numerous awards for its efforts. Freedom Mortgage is also dedicated to giving back to the community and supports a variety of charitable organizations.
Learn more about Freedom Mortgage
Size
10,000 employees
Industry
Founded
1990

Similar Jobs

More Jobs at Freedom Mortgage

More Finance & Insurance Jobs

Find similar SVP, Risk jobs: