Job Description

Position Overview
Cambridge Associates (CA) has been at the forefront of innovative investment portfolio strategies for over 50 years. Headquartered in Boston and with offices across the world, CA provides investment management services to clients globally. We are currently seeking a Director to develop, implement, and lead risk management efforts for Accounting and Finance, Human Capital, and Legal functions. This role includes the identification, assessment, control, measurement, monitoring, and reporting of risks within these areas in accordance with second-line frameworks and standards. The Director will also be responsible for working with internal stakeholders to ensure key risks, controls, issues, process improvements, and action plans have been identified and documented for these functions. This position will report to the Senior Director of Business Process in Accounting and Finance and support the Accounting and Finance, Human Capital and Legal departments.

Responsibilities:
Collaborate with first- and second-line partners to ensure key risks, controls, issues, process improvements, and action plans have been identified, documented, and prioritized. Maintain output, including process maps, risk and control matrices, and issues/process improvement roadmaps, to ensure process, risk, and controls changes are updated, implemented, and memorialized via policy and procedural documents.
Build and execute the first line risk oversight program for each function, including but not limited to developing and implementing risk management programs (e.g., KRIs, risk assessments, etc.), processes, policies, procedures, and practices, in accordance with second-line frameworks and standards. Promote a risk culture that enables these functions to accomplish both strategic and tactical goals in an environment where risks are mitigated and monitored.
Provide proactive risk advisory and assessment services, including assurance focused on top strategic projects and initiatives, to address risk issues that could potentially impact the strategic direction and/or operational effectiveness of each function.
Manage the error and risk reporting process on behalf of these functions in accordance with applicable frameworks and methodologies, including reporting errors, performing root cause analysis and trends analysis, identifying corrective & preventative actions and process improvements, and implementing a risk acceptance process to help leadership determine what actions should be implemented and prioritized.
Develop a reporting program where reports on issues and corrective actions, performance of policies, procedures, processes, and internal controls, risk assessments, KRIs, KPIs, and emerging risks are developed and reported to leadership.
Serve as the liaison between oversight and governing bodies (ERM, IA, Compliance, SOC, Regulators) and risk owners to review evidence requests, remediation activities, and conduct assessments. Conduct risk management training, escalating risks and issues
(from new initiatives, business ventures, operational changes, etc.) in accordance with CA
standards and frameworks.
Serve as an integral member of the leadership teams for Accounting, Finance, Human Capital, and Legal functions.

Qualifications:
Minimum of 8-10 years of combined risk management and functional experience in either Accounting & Finance, Human Capital, or Legal; program management experience a plus.
Technical understanding of risk management methodologies and maturity models, including COSO ERM framework.
Certifications in key areas a plus but not required (e.g., CPA, CFA, MBA, PMP).
Highly developed analytical, written, and verbal communication skills, capable of adapting messaging to various audiences clearly and succinctly.
Ability to work independently and interact with and build relationships with colleagues at all levels of the organization, focusing on collaboration to achieve results in support of firm strategy and goals.
Strong internal controls background, including assisting risk owners in the identification, development, and evaluation of processes, controls, and issues.
Bachelors degree required; advanced degree desirable

The base salary range for this role is 177,300 to 241,500. In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.

The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.

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