Associate, Risk Governance

Capitolis • New York, NY

2d • $70,000 - $80,000 • Onsite

About The Position

We believe the financial markets can and should work for everyone. Capitolis is the technology company helping to create safer and more vibrant financial markets by unlocking capital constraints and enabling greater access to more diversified capital and investment opportunities. Rooted in advanced technology and deep financial expertise, Capitolis powers groundbreaking financial solutions that drive growth for global and regional banks – and institutional investors alike. Capitolis is backed by world class venture capital firms, including Canapi Ventures, 9Yards Capital, SVB Capital, Andreessen Horowitz (a16z), Index Ventures, Sequoia Capital, Spark Capital, and S Capital, as well as leading global banks such as Barclays, BNP Paribas, Citi, J.P. Morgan, Morgan Stanley, Standard Chartered, State Street and UBS.
Founded in 2017, our team brings decades of experience in launching successful startups, technology, and financial services. Capitolis was recognized on the Inc. 2024 Best in Business list in the Financial Services and Innovation & Technology categories, and honored for the third consecutive year in the 2025 Euromoney Foreign Exchange Awards. The company has been included on CNBC’s World's Top Fintech Companies list for the past three years, Deloitte’s Technology Fast 500 list in consecutive years and was named to Fast Company’s prestigious annual list of The World’s Most Innovative Companies for 2023. American Banker recognized Capitolis among the Best Places to Work in Fintech, and the company was named by Crain’s New York Business as one of New York City’s Best Places to Work in 2025 for the fourth consecutive year. For more information, please visit our website at www.capitolis.com or follow us on LinkedIn.
Role Summary
The Associate, Risk Governance (the “Associate”) will play an important role in building and maintaining Capitolis’ risk governance infrastructure across the firm. The successful candidate will be an organized, intellectually curious, and collaborative member of the Risk Management team. The role spans model risk management, model risk governance, market risk oversight and controls, compliance, and cross-functional program management — providing meaningful breadth and the opportunity to grow alongside a risk function that is actively building its capabilities. The role is based at Capitolis’ headquarters in Midtown Manhattan and will report to the Model Risk Director.

Requirements

• Bachelor’s or Master’s degree in Finance, Economics, Business Administration, or a related field; a quantitative concentration is a plus but not required.
• 0-3 years of experience in risk management, risk governance, model risk, or a related function, ideally at a broker-dealer, bank, or regulated financial institution.
• Familiarity with model risk concepts and regulatory guidance (e.g., SR 11-7); deep quantitative expertise is not required.
• Strong organizational and program management skills; able to manage multiple workstreams with competing priorities without losing detail.
• Strong written communication skills, with the ability to translate technical risk concepts into polished governance documentation.
• Comfort with data and analytical tools; familiarity with Python, R, Excel, or similar is a plus; interest in integrating AI tools into risk workflows is strongly valued.

Nice To Haves

• Working knowledge of broker-dealer regulatory requirements, including SEC net capital rules and margin requirements, is a differentiator.

Responsibilities

• Support the firm’s risk governance framework, including policies, written supervisory procedures, and documentation across a variety of risk domains.
• Assist with model risk management activities, including maintenance of the model inventory, vendor relationship management, model risk governance, and maintaining the model risk management framework.
• Contribute to the production of market risk oversight reports for senior audiences.
• Help identify and drive risk team initiatives in a program management capacity.
• Contribute to the design and monitoring of risk controls, including tracking key risk indicators, identifying control gaps, and supporting remediation efforts.
• Support regulatory deliverables, audit and exam readiness, and periodic governance reviews, including the preparation of board and committee materials.
• Leverage the team’s use of artificial intelligence and automation tools to improve efficiency and accuracy of risk governance workflows and reporting.
• Perform other duties as assigned.

Benefits

• In addition to base salary, the compensation package for this role includes an annual discretionary bonus and company equity.
• This role is also eligible to participate in company-sponsored benefits and perks.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level