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Meta Novi Enterprise Risk Manager (Platform) in Boston, Massachusetts

Intro:

Facebook's mission is to give people the power to build community and bring the world closer together. Through our family of apps and services, we're building a different kind of company that connects billions of people around the world, gives them ways to share what matters most to them, and helps bring people closer together. Whether we're creating new products or helping a small business expand its reach, people at Facebook are builders at heart. Our global teams are constantly iterating, solving problems, and working together to empower people around the world to build community and connect in meaningful ways. Together, we can help people build stronger communities - we're just getting started.

Summary:

For many people around the world, basic financial services are still out of reach: about 1.7 billion adults globally remain unbanked. The cost of that exclusion is significant - $25 billion is lost by migrants every year through remittance fees. This is the challenge we're hoping to address with Novi from Meta, whose goal is to provide people everywhere access to safe and affordable financial services. The Novi brand includes our existing and future payments and financial products for both people and businesses. At Novi from Meta, you will be working with a talented and dedicated group of people who are passionate about changing the financial world. Our leadership is experienced and some of the best minds working today in their respective fields. Our team is looking for a strong Enterprise Risk Manager who will help design and implement our global end-to-end Enterprise Risk Management program. You will support the strategy and implementation of the central program that will be the foundation for managing risks across the organization.

Required Skills:

  1. Support the buildout of the Novi Enterprise Risk Management (ERM) program

  2. Perform other duties and responsibilities within the ERM program as required or assigned

  3. Contribute to the creation of a comprehensive inventory of risks and controls for Novi, and work with stakeholders to ensure appropriate controls are designed and implemented

  4. Support the ERM Officers in the implementation and execution of the key pillars of the ERM Program: Governance, Risk Assessment, Issue Management, Third-Party Risk Management

  5. Support the roll-out and operationalization of software and tools to manage Novis risks

  6. Stay up-to-date on the regulations applicable to Novi (e.g. KYC, Sanctions, Transaction Monitoring etc.) and risk management frameworks and trends

Minimum Qualifications:

  1. 5+ years of relevant experience in Risk Management, Technology Risk, IT Audit, or other similar risk consulting or internal control functions (e.g. internal audit, compliance, fraud mitigation, etc.)

  2. Bachelor's degree or equivalent experience in Risk Management

  3. Knowledge of Global Payment Network concepts and systems (VASPs, PSPs, Processors, Networks, Gateways, Merchants etc.)

  4. Experience understanding funds flow and identify corresponding risks and develop controls

  5. Understanding of technical infrastructure behind payments systems, engines and processes to identify risks and develop controls

  6. Knowledge of Financial Services, and other related financial regulations globally (eg Payments regulations, Lending regulations, BSA/AML)

  7. Knowledge of risk management within the Financial Services industry

  8. Experience working hands-on with cross-functional teams legal, engineers, product managers, data analysts, operations analysts in assessing processes, risks and controls

  9. Experience communicating with cross functional groups such as Clients, Vendors as well as Senior Management

Preferred Qualifications:

  1. Experience with Enterprise, IT/Technology Risk, or Operational Risk roles.

  2. Experience working with geographically distributed teams within a global organization.

  3. Experience designing and implementing risk management programs or processes from the ground up.

  4. Knowledge of blockchain-based systems.

Industry: Internet

Equal Opportunity: Facebook is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. Facebook is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance or accommodations due to a disability, please let us know at accommodations-ext@fb.com.

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