Associate Director, Operational Risk and Control at Arrowstreet Capital

Boston, Massachusetts, United States

Arrowstreet Capital Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Finance, Asset ManagementIndustries

Requirements

  • 6–8 years of experience in operational risk management, audit, or information security; prior experience at an investment manager or working closely with IT teams is highly desirable
  • Strong analytical and organizational skills with keen attention to detail
  • Proven ability to collaborate with technical and business teams
  • Excellent presentation, written, and verbal communication skills with the ability to work effectively with and engage both technical and non-technical audiences
  • Experience in internal audit, controls testing and monitoring (e.g., SOC 1), or similar processes strongly preferred
  • Information security, data management, and other technical skills (e.g., SQL, Microsoft Excel) a plus
  • Self-starter that works proactively and thinks both strategically and tactically
  • Maintains a superior work ethic
  • Excellent interpersonal skills and ability to work collaboratively with various levels of the organization
  • Demonstrated ability to prioritize and effectively manage competing priorities and projects
  • Can thrive in a dynamic, fast-paced environment and prioritize under tight deadlines
  • Identifies opportunities to improve existing processes and procedures

Responsibilities

  • Contribute to the development, implementation, monitoring, and enhancement of operational risk management policies, procedures, and controls
  • Manage the vendor risk oversight program by coordinating vendor risk assessments and technical reviews
  • Contribute to enhancing and executing firmwide internal testing and business continuity planning programs
  • Support data management and governance initiatives by implementing related policies and procedures, operationalizing controls, and designing and delivering training programs
  • Collaborate with IT professionals to assess technology-related risks, translate technical concepts into practical solutions, and design effective controls within business processes
  • Partner with cybersecurity teams to identify, assess, and remediate vulnerabilities and threats
  • Contribute to the administration of third-party control examinations, including SOC 1
  • Develop and deliver training programs to promote operational risk management best practices among stakeholders
  • Stay current with emerging technology risks and regulatory developments to continuously improve the organization’s risk posture
  • Support automation projects through collaboration with IT teams

Skills

Operational Risk Management
Vendor Risk Oversight
Business Continuity Planning
Data Governance
Cybersecurity
SOC 1
Internal Testing
Risk Assessment
Audit
Information Security
Regulatory Compliance

Arrowstreet Capital

Investment management for global equity strategies

About Arrowstreet Capital

Arrowstreet Capital specializes in managing global and international equity investments for institutional clients, including pension plans and foundations. Their investment strategies include long-only, alpha extension, and long/short approaches, utilizing various financial instruments like swaps and futures. The company employs quantitative methods to analyze investment signals and develop proprietary models for return, risk, and transaction costs. This structured investment process aims to create diversified equity portfolios that seek to outperform specific benchmarks by identifying opportunities across different companies, sectors, and countries. With around $100 billion in assets under management, Arrowstreet Capital serves over 200 clients across North America, Europe, and the Asia-Pacific region.

Boston, MassachusettsHeadquarters
1999Year Founded
SECONDARY_PRIVATECompany Stage
Quantitative Finance, Financial ServicesIndustries
201-500Employees

Risks

Indictment of former executive for trade secrets theft may impact client trust.
Market volatility and geopolitical tensions could affect portfolio performance.
Rise of passive investment strategies may increase competition and pressure on fees.

Differentiation

Utilizes quantitative methods for investment signals in proprietary models.
Manages $100 billion for over 200 global clients.
Offers diverse equity strategies including long-only, alpha extension, and long/short.

Upsides

Advancements in AI enhance quantitative model capabilities for market trend prediction.
Increased interest in ESG investing can be leveraged by integrating ESG metrics.
Thematic investing trends offer opportunities for specialized equity strategies.

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