Business Controls Transformation Lead – Managing Director

Role Overview

• Lead the controls transformation program, focusing on modernization, simplification, and control automation.
• Design and track measures of success.
• Spearhead AI transformation efforts for business risk and control
• partnering with second line and technology partners to reduce manual efforts and create signals and insights.
• Identify and prioritize opportunities where AI automation can materially improve accuracy, cycle time, resilience, and control effectiveness.
• Partner with the SVP to design and advance the business controls roadmap and execution plans.
• Partner with integrated risk management tool team to design improvements to tools and practices.
• Partner with Business Risk Managers to simplify and improve first line RCSA protocols and linkage to processes, enabled by AI where possible.
• Lead and coordinate mapping of regulations to controls in partnership with Compliance.
• Collaborate with Compliance, Operational Risk Management, Internal Audit, Technology, and business units to ensure consistency in control design and regulatory alignment.
• Build and manage governance routines including steering committees, transformation forums, and senior-level reporting.
• Develop and enhance enterprise control design standards, taxonomies, and documentation expectations.
• Identify control weaknesses, emerging risks, and opportunities to strengthen the control environment across business functions.
• Oversee cross-functional workstreams to deliver effective, timely control enhancements.
• Prepare and present executive-ready insights, materials, and updates for senior leadership and oversight forums.
• Enable strong first-line ownership of risk and controls by creating simplified guidance, frameworks, and tools that drive consistent execution.
• Foster a culture of collaboration, accountability, and risk excellence across Boston, London, and global teams.

Requirements

• 10+ years of experience in business controls, risk, audit, compliance, or transformation in a global financial institution.
• Demonstrated experience leading enterprise-level control or risk transformation initiatives.
• Experience in using AI to enhance risk and control processes – ideation, scoping, testing and execution.
• Advanced degree or relevant professional certifications (e.g., CRCM, CIA, CISA, CRMA) preferred.
• Strong proficiency in program governance, management reporting, and control analytics.

Benefits

• Flexible work-life support
• Paid volunteer days
• Inclusive development opportunities