Head of Risk, Market Services

About usNasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 4,000 total listings with a market value of approximately $15 trillion. To learn more, visit: The TeamGroup Risk Management “GRM” collaborates with businesses as a trusted advisor, facilitating well-informed decisions that support Nasdaq’s strategic objectives. GRM manages and continues to enhance the Enterprise Risk Management “ERM”, Internal Control, Business Continuity, Crisis Management, and Corporate Insurance frameworks and programs. These programs facilitate the identification, assessment, monitoring, and treatment and reporting of all types of risks, Nasdaq faces.Your Role and Responsibilities GRM is seeking a senior team member, who will serve as the Head of Risk, Market Services Division, and who will lead the Risk initiatives for the Market Services Division, specifically the North American Markets “NAM” and European Markets “EMS” Businesses. The position reports to the SVP, Chief Risk Officer, will be a member fo the GRM Leadership Team and will reside in the United States.The Head of Risk, Market Services Division is responsible for implementing the Enterprise Risk Management framework across the NAM and EMS Businesses (and Division), collaborating with the business to identify, assess, monitor, measure and treat the risks of the business and aggregating risk information across all risk stripes to report to the NAM and EMS management and regulatory / governance boards, as appropriate.As the Head of Risk, Market Services Division, your responsibilities will include:Responsibilities:Responsible for the delivery / execution of all Risk programs & initiatives across the Division, including facilitating top-down and bottom-up assessments engaging varied levels of the organization to provide insight to the risk profile of the business and ensure effective challenge and analyzing specific risks to ensure that the level of risk remains within an acceptable levelSupport the definition of Nasdaq’s risk strategy and the risk management framework as a member of the leadership teamEstablish effective risk governance for the regulated businesses / markets including, in alignment with Nasdaq’s policies and risk appetite statementPartner as a trusted advisor to strengthen resilience, drive operational excellence and empower innovation to serve the interests of key Business stakeholdersImplement Nasdaq’s Enterprise Risk Management framework including programs such as Risk and Control Self Assessments, Risk Incident Capture, Key Risk Indicators and Issue & ActionsEnsure compliance with Nasdaq’s Business Continuity and Crisis Management Policies and assist in the development of Business Continuity Plans and facilitating Crisis Management exercisesEnsure clear accountability for risk taking and drive a risk aware culture (across Nasdaq) through our risk processesPro-actively engage Internal Audit, SOX, Compliance, Information Security, Supplier Risk Management, Business Continuity and other assurance functions to support an integrated approach to risk managementSkills, Requirements, and Competencies:10+ years of experience in risk management, compliance, and / or audit in the financial services industry in capital markets4+ years of experience in Front or middle-office capital markets trading experience in Equities and / or Equity derivatives, can include trading compliance or risk management rolesUnderstanding of regional regulations and compliance programs and ability to cultivate relationships with regional regulators, as requiredExperience implementing a risk management framework in a complex organizationMBA or equivalent preferredExperience teaming with business leaders (from trading or Front Office background) and subject matter experts to review, assess, and propose solutions for specific risk issues as they are identifiedUnderstanding of and experience with both revenue generating business units and support functionsAbility to cultivate relationships and collaborate with multiple stakeholders including business leaders, legal, audit, and technologyExpert in operational risk management; familiarity with financial risk managementCome as You AreNasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.What We OfferWe’re proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq’s overall success.The base pay range for this role is $148,000 - $274,000. In addition to base salary, Nasdaq provides a generous annual bonus/commission (short-term incentive), and equity (long-term incentive), comprehensive benefits, and opportunity for growth. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to: skill set, experience, education/training, business needs and market demands.Nasdaq’s programs and rewards are intended to allow our employees to:Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time offPrioritize Health: Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discountsCare for Family: Hybrid home/office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leaveConnect with Community: Company gift matching program, Employee resource groups, Paid volunteer daysGrow Career: Education Assistance Program, Robust job skills training and Professional development opportunitiesFor more information, visit Nasdaq Benefits & Rewards Career page.SummaryLocation: USA - New York City - New York; USA - Philadelphia - PennsylvaniaType: Full time