Title: Director Non-Financial Risk Coverage, Capital Markets (Fixed Income & Equities)
Office Status: Hybrid New York, NY
Base Salary: $165k $235k + Discretionary Bonus
ABOUT THE ROLE This Director opportunity sits within the Americas Risk Department of a well-established global financial institution, serving as the primary second-line Non-Financial Risk coverage lead for the Capital Markets businesses across Fixed Income and Equities. The role carries independent oversight and effective challenge responsibility, along with strategic risk advisory support to senior business leaders, Business COOs, and control functions. It covers non-financial risks arising from trade execution, market conduct, trade processing, technology dependencies, data quality, and operational resiliency, while promoting a strong risk culture aligned with the firm s risk appetite and regulatory expectations. It s an ideal fit for a seasoned risk, compliance, audit, or Front Office control professional with 10+ years of experience who combines deep Capital Markets and trade lifecycle knowledge with expertise in the NFR framework and the credibility to influence senior stakeholders.
RESPONSIBILITIES- Serve as the primary 2LoD Non-Financial Risk coverage lead for the Capital Markets businesses, providing independent oversight, effective challenge, and strategic advisory support to senior business leaders, Business COOs, and control functions
- Promote a strong risk culture across Front Office activities by ensuring non-financial risks are identified, assessed, managed, monitored, and reported in line with the firm s risk appetite and regulatory expectations
- Provide effective challenge over non-financial risks arising from Capital Markets activities, including transaction execution, supervision, market conduct, trade processing, technology dependencies, data quality, operational resiliency, and the related control environments
- Partner with business management and control functions to assess the risk implications of business growth, new products, strategic initiatives, organizational changes, and business change programs
- Evaluate the effectiveness of risk management practices, controls, issue remediation, and risk event responses;ensure material control gaps are identified, escalated, and remediated in a timely manner
- Prepare and present risk assessments, emerging risk insights, trends, and governance materials for senior management committees, risk forums, and other stakeholders
- Collaborate with NFR team members to enhance KRIs, KPIs, analytics, and risk management practices, and to advance new risk initiatives that support the evolving regulatory environment and strengthen the overall NFR framework