Senior Product Owner, Risk

As a Senior Product Owner, Risk at DriveWealth, your primary responsibilities include taking ownership of the risk management product portfolio, collaborating with internal risk teams and external agencies, and leading the definition, delivery, and go-to-market initiatives for risk management. You will also focus on streamlining processes, managing third-party relationships, and analyzing large datasets to identify potential risks and measure the effectiveness of risk management products.

Candidates for the Senior Product Owner, Risk role at DriveWealth should showcase strong product leadership skills and an understanding of risk management frameworks. Experience in developing internal controls, leading risk management capabilities for various customers, and a comfort level with complex trading and customer systems is required. Additionally, having a FINRA Series SIE, 7, and 4 registration is preferred, or a commitment to obtain these qualifications within the first year.

The Senior Product Owner, Risk plays a crucial role in DriveWealth's mission by ensuring that the risk management frameworks are efficient and effective. By identifying and mitigating risks across the organization, you will support the seamless investing experiences for our partners and their clients, ultimately driving DriveWealth's goal of making financial independence accessible to all.

At DriveWealth, a Senior Product Owner, Risk can expect a vibrant and inclusive team culture that mirrors the pace of a tech start-up while offering the stability of Wall Street. The organization thrives on diversity and collaboration, encouraging creativity and innovative solutions while ensuring regulatory compliance is met across all processes.

DriveWealth is committed to the professional development of its employees, and as a Senior Product Owner, Risk, you will have numerous growth opportunities. With access to continued education funding, comprehensive benefits, and a supportive environment that encourages leadership and influence over organizational change, your career trajectory can expand in lines with the company's growth.

In answering this question, focus on specific frameworks you've utilized in past roles, how you've implemented them, and the results achieved. Discuss your methodologies for risk identification, assessment, and mitigation, emphasizing how these experiences have prepared you for the Senior Product Owner, Risk role at DriveWealth.

Provide examples of successful collaboration with internal teams like data security and legal or external partners such as risk assessment agencies. Highlight your communication skills, your approach to ensuring alignment with organizational goals, and how these interactions have positively affected risk management efforts.

Discuss your analytical skills and methodologies for assessing risks across products and operations. Share examples of tools used, processes you’ve automated, or innovations implemented that improved risk mitigation within your organization, particularly focusing on scalability.

Reflect on a specific risk management initiative you led. Describe the context, your role in it, the strategies employed to drive success, and the eventual outcomes. Emphasize how these experiences align with the mission and vision of DriveWealth.

Highlight your experience with regulation compliance and the implementation of risk management standards. Discuss how you've navigated legal requirements in previous roles and ensured that solutions meet necessary qualifications for various jurisdictions.

Discuss the specific key performance metrics you've defined or utilized in past experiences to track risk management success. Explain how these metrics inform ongoing improvements and strategic decision-making, ideally contrasting successful initiatives with less effective ones.

Describe your decision-making process in navigating complex risk landscapes and competing priorities. Provide examples of how you’ve assessed risks, prioritized projects based on potential impacts, and allocated resources effectively to achieve organizational objectives.

Elaborate on your experience managing relationships with third-party vendors. Discuss how you evaluate and onboard risk assessment partners, ensuring they meet DriveWealth's stringent risk management standards in line with business needs.

Share your thoughts on the essential qualities such as strong communication, diverse expertise, and a shared commitment to a risk-aware culture. Explain how you’ve contributed to building such teams and how this aligns with DriveWealth's focus on teamwork and accountability.

List specific tools and technologies you've employed in your previous roles that are pertinent to risk management, such as data analysis software, risk assessment platforms, or inventory management systems. Provide examples of how these tools have enhanced your ability to identify and mitigate risk effectively.