AVP-Risk Management Moody's Local

We are seeking a highly skilled and experienced Risk Professional to join our organization. The primary responsibility of this role is to develop and implement a comprehensive risk program while providing support to the first line of defense. The ideal candidate will possess a strong understanding of risk management principles and practices, with the ability to identify, assess, and mitigate risks across various business functions. This role requires excellent analytical skills, attention to detail, and the ability to communicate effectively with stakeholders at all levels. The successful candidate will report to the Managing Director of the Moody’s Local Group across Latin America.
Responsibilities:

1. Develop and implement a risk program:

• Design and establish an effective risk management framework in line with industry best practices and regulatory requirements.
• Identify and assess potential risks across the organization, including operational, financial, strategic, and compliance risks.
• Develop risk management policies, procedures, and guidelines to ensure consistent risk identification, assessment, and mitigation.
• Establish key risk indicators (KRIs) and implement a monitoring and reporting system to track risk exposure and trends.
• Conduct regular risk assessments and provide recommendations for risk mitigation strategies.

1. Support the first line of defense:

• Collaborate with the General Managers of Moody’s Local entities to identify and assess risks associated with their operations, products, and processes.
• Provide guidance and advice to the first line of defense on risk management best practices and control measures.
• Assist in the development and implementation of root cause analysis, risk mitigation plans, controls, and monitoring activities, including the logging and tracking of issues and actions.
• Conduct training sessions and workshops to enhance risk awareness and promote a risk-conscious culture within the organization.
• Review and evaluate the effectiveness of existing controls and make recommendations for improvement.

1. Risk reporting and analysis:

• Prepare regular risk reports for senior management, highlighting key risk areas, trends, and emerging risks.

• Conduct in-depth analysis of risk data to identify patterns, correlations, and potential areas of concern.

• Provide insights and recommendations based on risk analysis to support strategic decision-making and risk mitigation efforts.

• Stay updated on industry trends, regulatory changes, and emerging risks to ensure the risk program remains relevant and effective.

• Stakeholder management:

• Collaborate with internal stakeholders, including risk committees, compliance teams, and internal auditors, to ensure alignment and coordination of risk management efforts.

• Foster strong relationships with key stakeholders to promote a collaborative and proactive approach to risk management.

• Communicate risk management policies, procedures, and guidelines to stakeholders and provide guidance on their implementation.

• Education: A bachelor's degree in risk management, finance, business administration, or a related field is required. Professional certifications such as Certified Risk Manager (CRM), and Certified Risk Professional (CRP) are highly valued. Master’s degree or equivalent is preferred.

• Experience: 7+ years of relevant experience in risk management, preferably in a similar industry or organization. Experience in developing and implementing risk management frameworks, policies, and procedures is important. Previous experience in supporting the first line of defense and working collaboratively with other risk and compliance functions is beneficial.

• Analytical Skills: Strong analytical skills to assess and quantify risks, analyze data, and develop risk models. Proficiency in using risk assessment tools and techniques to identify emerging risks and trends is important. The ability to interpret complex data and provide meaningful insights to support decision-making is highly valued.

• Communication and Influencing Skills: Excellent written and verbal communication skills to effectively communicate risk concepts, findings, and recommendations to stakeholders at various levels of the organization. The ability to prepare clear and concise risk reports and presentations is essential. Strong influencing skills to promote risk awareness and drive risk mitigation efforts across the organization are also important.

• Problem-Solving and Decision-Making Abilities: Strong problem-solving skills to identify and evaluate potential risks, as well as develop and implement risk mitigation strategies. The ability to make informed decisions in a timely manner while considering the potential impact on the organization is crucial.

• Collaboration and Leadership: Demonstrated ability to work collaboratively with cross-functional teams, build relationships, and influence stakeholders to adopt risk management best practices. Leadership skills to drive the development and implementation of a comprehensive risk program and provide guidance and support to the first line of defense are important.

• Technology Proficiency: Familiarity with risk management software, data analytics tools, and other relevant technologies used in risk assessment and mitigation. The ability to leverage technology to automate risk management processes and enhance efficiency is beneficial.

Moody’s Local (ML) is a leading provider of domestic credit ratings and research in Latin America.. Domestic markets have unique features, Moody’s Local combines tailored credit rating methodologies and a seasoned team of local analysts providing analysis specific to those local markets.

Moody’s is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.

Moody’s is a developmental culture where we value candidates who are willing to grow. So, if you are excited about this opportunity but don’t meet every single requirement, please apply! You may be a perfect fit for this role or other open roles.

Moody's is a global integrated risk assessment firm that empowers organizations to make better decisions.

At Moody’s, we’re taking action. We’re hiring diverse talent and providing underrepresented groups with equitable opportunities in their careers. We’re educating, empowering and elevating our people, and creating a workplace where each person can be their true selves, reach their full potential and thrive on every level. Learn more about our DE&I initiatives, employee development programs and view our annual DE&I Report at https://moodys.com/diversity