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Boston Consulting Group (BCG)

Senior Risk Manager

Boston, MA

WHAT YOU'LL DO
The Enterprise Risk Management (ERM) function is dedicated to developing and implementing strategy for identifying and managing significant risk exposures at BCG. The function aligns itself with the internal staff at BCG where each office, internal function, Managing Director and Partner (MDP), and all employees bear the responsibility for managing risk at the firm.

The ERM team assists the dispersed owners of the risks to self-discover, analyze, and improve management processes and controls around risk. Working with other stakeholders, the function is also the important catalyst and discussion partner with respect to broader BCG enterprise risk topics, including, but not limited to, areas of contracting and client matters, confidentiality, HR, IT, legal, and compliance topics including anti-bribery and corruption, KYC, supplier management, information management, insider trading, conflicts of interest, information security, and data privacy, etc.

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The team develops tools, knowledge, capabilities, and trainings to empower all BCG staff to act in accordance with our Values, Purpose and Code of Conduct.

As our responsibility in this area grows, we are looking for a new colleague to reinforce our team!

The right candidate must be able to understand and assess risks across a wide variety of business areas, build relationships with diverse stakeholders, and manage a complex network to navigate change management across the organization. Additionally, the candidate must demonstrate the ability to prioritize simultaneous projects, communicate issues, and escalate appropriately.

This role will report to the Head of Enterprise Risk Management.
YOU'RE GOOD AT
Enterprise Risk Management (90%)
Maintain an understanding of BCG's key risks their potential impact, and our gaps in planning and mitigation strategies (including through the use of dashboards, risk registers, etc.)
Participate in the identification of emerging risks and trends
Support maturation of a data-driven risk management approach
Based on input from various parts of the BCG matrix organization, design, manage, and drive implementation of initiatives to continually improve and address key gaps in BCG's overall risk management framework
Work closely with risk owners and other key stakeholders
Lead and participate on cross-functional teams raising risk awareness and driving risk mitigating measures
Be a change agent in the organization at multiple levels (including regional leadership teams, BCG's Audit and Risk Committee, office leaders and MDP teams) and across geographies and functions, both in terms of behavioral change in managing risks and in terms of process changes supporting risk management
Be a communicator within the firm, both in formal trainings and in ad-hoc ways, promoting the risk agenda and raising awareness
Identify and leverage lessons learned and best practices from internal and external events, fostering the culture of continuous improvement within BCG
Leverage data analytics to develop and communicate risk-based management insight
Develop and implement dashboard analytics, digitization of risk management processes, and board level reporting, to enable well-informed and faster decision-making
As appropriate, assume on-going stewardship of key risk management topics
Identify, lead, participate, and/or manage special projects associated with BCG's growing ERM and overall global risk program
Manage more junior team members to support their overall growth and development while ensuring ongoing projects / tasks are completed accurately and meeting deadlines

Other Risk Management Efforts (10%)
Maintain strong connections with the broader risk function including the compliance team, assurance & advisory team, strategy & operations team, as well the extended groups under global risk including physical security, data protection office, and information security
Serve as a subject matter expert in cross-functional workshops driving risk identification, mitigation, reporting, and overall risk awareness
Identify lessons-learned and best practices from within the team, broadening the adoption of best practices across functions and offices
Drive affiliation among the broader risk team

YOU BRING (EXPERIENCE & QUALIFICATIONS)

We are looking for someone with:
A passion for risk management and an understanding of complex global organizations with a decentralized approach to risk
An academic degree in a relevant discipline: risk management, business management, compliance, data science/analytics; advanced degree preferred
Minimum of 5-8 years of applicable experience with professional designation
Applicable experience preferred including:
Global experience around risk management and program implementation
Global management consulting or professional services experience
Expert working knowledge of PowerPoint, Excel, Word; additional exposure to Tableau, Alteryx, SharePoint, cloud technology, Slack, Trello, OneNote a plus
Strong written and verbal communication style for senior stakeholders and change management more broadly
Strong working knowledge in key areas of risk
Fluent in English (verbal and written); Additional languages a strong plus

The ability to attend conference calls after hours as needed to accommodate stakeholders and team members in other geographies
Willingness for international travel on an ad hoc basis (may be required - approximately 10%)
Technical and functional expertise
Deep understanding and appreciation of internal controls and risk management
Ability to communicate risk management as a business advantage
Strong project management skills; professional designation preferred.
Provides unique and innovative insights across multiple areas
Maintains in-depth and thorough knowledge and understanding of best practices and professional development in context of a broader business area
Networks with equivalent risk management professionals in other organizations
Interest in learning and gaining skills in all functions
Digitally literate with strong ability to use and comprehend information in the digital age
Functional experience with data science/analytics
Strong interest in international business and diverse cultures
Problem solving, analytical skills and decision making
Curiosity and persistence in identifying issues
Ability to grasp complex issues and look beyond the obvious
Ability to independently resolve complex issues/problems - engaging the right personnel/functions at the right time to assist when necessary
Demonstrate both strong analytical and strategic thinking capabilities
Appreciation of materiality within the context of BCG priorities
Can clarify and simplify BCG policies and decision-making structure for others
Communication, interpersonal and teaming skills
Proven ability to work successfully within a cohesive and matrixed team environment
Superior interpersonal and communication skills; projects confidence and trust
Comfortable interacting with and influencing people at all levels in the organization
Ability to build collaborative relationships and foster an environment of trust at all levels of the organization, while still maintaining a high degree of independence
Ability to anticipate and resolve conflicting differences by seeking collaborative approaches and by pursuing agreeable solutions
Leadership, impact, and change
Ability to drive complex change programs involving robust communication, change management and influence
Proven demonstration of strong leadership skills
Able to influence across the organization, effectively leading change, originating ideas and championing and gaining commitment
Stays abreast of and anticipates important firm activities and trends that could impact the business, and when necessary, propose solutions
Strong mentoring of others even beyond current position/role
* Commitment to self and team development

YOU'LL WORK WITH
A variety of cohorts and functions across the company from consulting staff through senior leadership as well as external vendors as needed and other members of the broader risk organization.

Client-provided location(s): Boston, MA, USA
Job ID: Boston_Consulting_Group-22882BR
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • On-Site Gym
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • Fitness Subsidies
    • Mental Health Benefits
    • Virtual Fitness Classes
    • FSA With Employer Contribution
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
    • Four-Day Work Week
  • Office Life and Perks

    • On-Site Cafeteria
    • Commuter Benefits Program
    • Casual Dress
    • Happy Hours
    • Snacks
    • Some Meals Provided
    • Company Outings
    • Holiday Events
  • Vacation and Time Off

    • Sabbatical
    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
    • Volunteer Time Off
  • Financial and Retirement

    • Relocation Assistance
    • Financial Counseling
    • 401(K)
    • Performance Bonus
    • Profit Sharing
    • Company Equity
  • Professional Development

    • Internship Program
    • Work Visa Sponsorship
    • Learning and Development Stipend
    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Shadowing Opportunities
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)